Manzano Risk Manager Pro

Description

Manzano Risk Manager Pro is a risk management tool for MetaTrader 5 designed to monitor open positions and execute automatic or manual closures when user-defined conditions are reached.

Its purpose is to help maintain control over account risk and reduce execution errors during trading.

The product does not open trades or modify any trading strategy.

Main Features

Automatic position closing

The system allows you to define profit and loss limits and automatically close positions when those levels are reached.

Two calculation modes are available:

  • Money mode (equity-based)
    Positions are closed when the difference between current equity and initial equity reaches the defined value in the account currency.

  • Points mode (total points)
    Positions are closed when the total number of points across all open positions reaches the configured level.

The active mode can be selected directly from the panel.

Scope control

You can define which positions are managed:

  • All account positions

  • Only positions of the current chart symbol

  • Optional Magic Number filter

Manual control

The panel allows immediate manual actions:

  • Close all positions within the selected scope

  • Partial close of positions

    • By percentage of volume

    • By fixed lot size

These features help reduce exposure or adjust positions quickly.

Visual panel on chart

The Expert Advisor includes a real-time information panel displaying:

  • System status (automatic mode, scope and partial settings)

  • Initial and current equity

  • Equity difference

  • Total points of open positions

  • Number of positions and total volume

  • Used and free margin

  • Spread cost estimation

  • Risk simulation information

  • Broker-related warnings (spread, stops level, freeze level)

All information is displayed directly on the chart.

Compatibility and calculations

  • Works with MetaTrader 5 hedging and netting accounts

  • Compatible with Forex, CFDs, indices and cryptocurrencies

  • Independent of symbol digit format

  • Uses current Bid and Ask prices for calculations

Limitations

  • Does not open trades

  • Does not place Stop Loss or Take Profit orders

  • Does not replace a trading strategy

  • Does not guarantee trading results

This product is intended solely for risk management.

Usage recommendations

  • Run the Expert Advisor on a single chart

  • Enable AutoTrading in the terminal

  • Test on a demo account before using on a live account

  • Start with conservative settings

Risk notice

Trading involves financial risk.
The user is responsible for configuration, usage and trading decisions.



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