Hon Risk manager

Advanced Risk Manager EA is a non-trading account protection utility for MetaTrader 5. It does not open trades — it monitors your account in real time and enforces configurable risk rules automatically.

How It Works

At the start of each trading day, the EA records your opening balance. Every tick, it recalculates your live P&L. If your daily loss reaches the configured threshold, all open positions are closed instantly and trading is locked until the next day. Optionally, it locks trading once a profit target is hit, securing your daily gains.

Core Features

  • Daily Loss Limit — Closes all trades and locks the account when the daily drawdown % is breached
  • Daily Profit Target — Optionally locks trading once a profit % is reached for the day
  • Mobile Protection — Detects and closes trades opened on mobile after account lockout
  • Telegram Control Panel — 25+ commands for remote monitoring and trade management
  • Real-time Dashboard — Color-coded risk meter, daily P&L, win rate, margin level, and one-click emergency close
  • Multi-EA Compatible — Monitors combined risk from manual trades, EAs, and copy trading simultaneously

Input Parameters

Parameter Default Description
Max Daily Risk % 3.0 Closes all trades when daily loss hits this %
Risk Per Trade % 1.0 Used for position size calculation
Daily Profit Target % 0.0 0 = disabled; locks trading when reached
Enable Daily Lockout true Enables automatic end-of-day reset
Telegram Bot Token From @BotFather
Telegram Chat ID Your personal or group chat ID
Control Password ARM2024 Required for destructive Telegram commands
Show Dashboard true Displays on-chart panel

Telegram Commands

No password required: STATUS , POSITIONS , ACCOUNT , STATS , PING , QUICKSETUP , CALCPNL

Password required: CLOSEALL , LOCK , STOP , PAUSE , RESET , EMERGENCY , ARRAYCLEAN

Prop Firm Compatible

Designed for FTMO, etc, and similar challenges. Set your daily risk limit slightly below the prop firm threshold (e.g., 4% for a 5% rule) to guarantee you never breach their terms.

Requirements

  • MetaTrader 5 Build 3815+
  • AutoTrading enabled
  • WebRequests allowed for Telegram API 
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" Trader Evolution " - A utility designed for traders who use wave and technical analysis in their work. One tab of the utility is capable of money management and opening orders, and the other can help in making Elliott wave and technical analysis. Manual (Be sure to read before purchasing) | Version for MT4 Advantages 1. Trading in a few clicks. Immediate and pending orders are available in the panel 2. Money management. The program automatically selects the appropriate lot size 3. Simplifies
EA Pause Manager
David Enrique Barrera Moncayo
4.33 (6)
EA Pause Manager — Your Smart Risk Guard & Scheduler (MT5) What It Does - Stops conflicting trades before they happen (based on active market positions).   - Pauses or resumes your EAs automatically based on:     - A simple “leader” rule: the first EA to trade becomes the leader and blocks the rest.     - A time schedule you set (e.g. no trading in Asian session). - Note : Interlock logic is triggered by executed market orders, not by pending orders (Buy Stop / Sell Stop). Why It Matters - Prot
Scansiona l'intera watchlist alla ricerca di barre estreme - in tempo reale. Power Bar Scanner monitora tutti i tuoi simboli contemporaneamente e ti avvisa nel momento in cui appare una barra di prezzo estrema. Basta sfogliare i grafici. Vedi ogni opportunita in un unico pannello. Funziona su qualsiasi timeframe. Forex, Indici, Oro, Crypto - tutto in un'unica vista. Come funziona Lo scanner controlla ogni simbolo nel tuo Market Watch cercando barre il cui corpo supera N x ATR . Quando ne trova
Hai trovato un ottimo segnale, ma il lotto di un fornitore è troppo piccolo? Hai bisogno di un volume di posizione maggiore, ma le impostazioni del terminale sono troppo scadenti? Signal Lot Manager aumenterà il volume della posizione del fornitore mediante un ordine duplicato del volume necessario. Basta impostare una dimensione del lotto e un nome di un segnale da cui copiare gli ordini. Signal Lot Manager è un'utilità moltiplicatrice di lotti per duplicare gli ordini sul tuo terminale. La fon
Trade Manager DaneTrades
Levi Dane Benjamin
4.28 (29)
Trade Manager per aiutarti a entrare e uscire rapidamente dalle operazioni calcolando automaticamente il tuo rischio. Incluse funzionalità che ti aiutano a prevenire l'eccessivo trading, il vendetta trading e il trading emotivo. Le operazioni possono essere gestite automaticamente e i parametri di performance del conto possono essere visualizzati in un grafico. Queste caratteristiche rendono questo pannello ideale per tutti i trader manuali e aiuta a migliorare la piattaforma MetaTrader 5. Suppo
Altri dall’autore
KSQ S&D Signal Assistant (Top-Down MTF) The KSQ S&D Signal Assistant is a professional-grade, multi-timeframe decision support tool designed specifically for Supply & Demand and Smart Money Concept (SMC) traders. Instead of cluttering your chart with dozens of lagging indicators, this assistant works quietly in the background to analyze top-down market structure. It only alerts you when a highly specific, 3-point confluence occurs between the higher timeframe trend and lower timeframe order flo
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The Hon  Heiken Ashi Trend Sniper  is a professional-grade, strictly  non-repainting  indicator designed to catch high-probability trend entries while keeping you safe during flat, ranging markets. By combining the smoothed price action of Heiken Ashi candles, the directional bias of dual Exponential Moving Averages (EMAs), and the momentum detection of the Average Directional Index (ADX), this indicator provides clear, actionable BUY and SELL arrows only when the market is genuinely moving. Whe
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Hon ProTrader
Christopher Adie
ProTrader Command Professional Trading Analytics & Risk Management System Transform your MetaTrader 5 into a professional trading platform with real-time analytics, automated risk management, and performance tracking. Core Features Real-Time Trading Dashboard Professional MT5 Interface Enhancement Live account metrics displayed directly on your chart Performance indicators with color-coded status alerts Position overview showing all trades at a glance Risk status monitoring with visual warnings
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Who Should Use This EA Manual Traders Perfect for traders who execute trades manually but need automated protection Protects against emotional trading decisions Enforces discipline when under pressure Prevents revenge trading after losses Provides emergency position closure via mobile Prop Firm Traders Essential protection for funded traders with strict rules Automatically enforces daily loss limits Prevents account violations that could result in funding loss Real-time risk monitoring to stay w
Hon PropDesk Manager - Prop Firm Professional Trading Control System The Problem: Prop traders lose funded accounts due to rule violations, poor risk management, and emotional trading decisions. The Solution: Hon PropDesk Manager protects your funded account with automated compliance monitoring, one-click trade execution, and built-in psychology safeguards. Key Benefits: Never violate prop firm rules again - Automatic daily loss and drawdown monitoring Trade faster and smarter - One-click BUY/SE
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