Account Risk Manager

Risk Manager – Account Protection Tool

Risk Manager is an Expert Advisor for MetaTrader 5 designed to protect your trading account by applying automatic risk management rules.

This tool does not open trades.
It continuously monitors your account and enforces predefined limits to help prevent excessive losses and maintain disciplined trading.

Risk Manager works in the background and can manage positions opened by manual trading or other Expert Advisors.

It is particularly useful for:

• Manual traders
• Automated trading systems
• Prop firm accounts
• Traders who want strict risk control

Main Features

Daily Loss Protection

The EA monitors the daily profit and loss of the account and automatically blocks trading when the maximum daily loss is reached.

Maximum Open Trades Control

Limits the number of simultaneously open positions to prevent excessive exposure.

Trading Time Block

Allows traders to block trading during specific hours.

Automatic Position Closure

When a risk rule is violated, the EA automatically closes positions to protect the account.

Works With Manual and Automated Trading

Risk Manager manages positions opened by:

• manual trading
• other Expert Advisors
• automated strategies

Information Panel

The built-in panel displays important information in real time:

• Daily profit/loss
• Maximum allowed daily loss
• Number of open trades
• Trading status (ACTIVE / BLOCKED)

Main Parameters

MaxDailyLoss
Defines the maximum allowed daily loss.

MaxOpenTrades
Maximum number of open positions allowed at the same time.

NoTradingStartHour / NoTradingEndHour
Defines the time window where trading will be blocked.

OnlyCurrentSymbol
If enabled, the EA will apply the rules only to the current chart symbol.

ShowPanel
Enables or disables the information panel.

Strategy Tester Compatible

Risk Manager includes a built-in trade generator for Strategy Tester validation.
This allows the product to pass the automatic validation process required by the MetaTrader Market.

How to Use

  1. Attach Risk Manager to any chart.

  2. Configure the risk parameters according to your trading rules.

  3. Keep the EA running on at least one chart.

  4. The EA will automatically monitor the account and enforce the defined limits.

If a risk rule is violated, the EA will automatically close positions and block trading.

Important

Risk Manager is designed as an account protection utility and does not generate trading signals or open trades.

It should be used together with manual trading or other Expert Advisors.

Other Tools by Free1480

• StopLoss BreakEven (FREE)
• Risk Manager PRO (future version)

⭐ If you find this tool useful, please consider leaving a review.


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Janitha Sandaruwan Amaradasa Wickramasingha Arachchilage
5 (5)
Utilità
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Abdul Jalil
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Kareem Abbas
5 (6)
Utilità
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Alfiya Fazylova
4.59 (54)
Utilità
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Clifton Creath
5 (8)
Utilità
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Roman Zhitnik
5 (8)
Utilità
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Levi Dane Benjamin
4.53 (15)
Utilità
Copia i segnali da qualsiasi canale di cui sei membro (compresi quelli privati e ristretti) direttamente sul tuo MT5.  Questo strumento è stato progettato con l'utente in mente offrendo molte funzionalità necessarie per gestire e monitorare gli scambi. Questo prodotto è presentato in un'interfaccia grafica facile da usare e visivamente accattivante. Personalizza le tue impostazioni e inizia ad utilizzare il prodotto in pochi minuti! Guida per l'utente + Demo  | Versione MT4 | Versione Discord
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Sirikorn Rungsang
4.83 (6)
Utilità
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Trinh Dat
4.96 (48)
Utilità
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Marco Savia
5 (1)
Experts
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StopLoss BreakEven
Marco Savia
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Marco Savia
Experts
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Marco Savia
Experts
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SetupRadar
Marco Savia
Experts
SetupRadar SetupRadar is a smart market scanner for MetaTrader 5 designed to help traders quickly identify and evaluate potential trading opportunities. The tool scans multiple symbols, analyzes market conditions, and assigns a quality score to each setup based on trend, momentum, volatility, risk/reward ratio, and market context. Main Features Multi-symbol market scanning Setup quality scoring (0-10) Trend and momentum evaluation Risk/Reward analysis Suggested lot size calculation S
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