Risk Manager PRO for MT5

Risk Manager PRO for MT5 is a trade management utility designed for traders who want fast execution and structured risk control directly from the chart.

This product does not generate trading signals and does not open trades automatically based on a strategy. It is a manual trading panel that helps the trader plan, execute and manage positions using predefined risk settings.

Main features

- Risk-based lot calculation using account balance and stop loss distance
- Manual lot mode
- On-chart trading panel
- BUY and SELL execution from the panel
- Risk-reward control
- Automatic take profit calculation from RR
- Breakeven function
- Trailing stop management
- Manual partial close
- Free mode with staged trade management
- Draggable SL, TP and entry planning lines
- Panel position and state saving

How it works

The trader places the utility on a chart, sets the planned stop loss and take profit levels, checks the risk-reward ratio and lot size, and then executes a BUY or SELL order from the panel.

The utility is designed to simplify the execution workflow:
plan the trade, define the risk, open the position, then manage it with breakeven, trailing and partial close tools.

Free mode is designed for traders who want to reduce exposure and leave a runner:
- first staged reduction after the trade moves in profit
- second staged reduction for runner management
- stop loss moved to breakeven
- trailing management activated for the remaining position

Who this product is for

Risk Manager PRO for MT5 is suitable for discretionary traders who execute trades manually and want consistent position sizing and structured trade management.

Typical use cases:
- intraday trading
- swing trading
- manual execution with fixed risk
- fast stop loss and take profit planning
- chart-based trade management

Who this product is not for

This product is not intended for traders looking for:
- automatic entry signals
- autonomous trading logic
- copy trading
- guaranteed results

Inputs

RiskPercent
Percentage of account balance used for risk-based lot calculation.

UseAutoLot
Enables automatic lot calculation based on stop loss distance and selected risk percentage.

ManualLot
Fixed lot size used when automatic lot sizing is disabled.

UseTrailing
Defines the default trailing state on initialization.

TrailByCandle
Trailing stop based on candle structure.

TrailBySwing
Swing-based trailing support.

TrailOffsetPts
Offset in points used for trailing stop placement.

UseFixedRR
When enabled, take profit is calculated automatically from the selected risk-reward ratio.

EntryFollowPrice
Updates the planned entry price with the current market price before order execution.

UsePartialClose
Enables the partial close button on the panel.

PartialRR
Additional parameter reserved for future logic extensions.

PartialPercent
Volume percentage parameter related to partial close handling.

DefaultSL_Pips
Default stop loss distance used for initial planning.

DefaultTP_Pips
Default take profit distance used for initial planning.

DebugPrints
Enables journal messages for diagnostics.

Basic workflow

1. Attach the utility to a chart.
2. Set the planned stop loss and take profit levels.
3. Check the displayed RR and lot size.
4. Click BUY or SELL.
5. Manage the open position using breakeven, trailing, partial close or free mode.

Notes

- This is a trade management utility, not a signal provider.
- The trader remains responsible for all market analysis and execution decisions.
- Performance depends on broker conditions, symbol specification and execution settings.
- Please test the product in the Strategy Tester and on a demo account before live use.

Support

Support is provided through the MQL5 product comments section and private messages on MQL5.

Disclaimer

Trading involves risk. This product is a management utility and does not guarantee profit or protection from loss. The user is responsible for all trading decisions and risk exposure.
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That backtest looks great. But will it still be making money tomorrow, next week, next month? EA Overfitter re-runs your EA on 100 price histories it has never seen. One score tells you if the edge is real. A backtest tells you what an EA did on one price history — the one that happened to occur. What you cannot tell from it is how much of that result was the strategy and how much was the particular path. EA Overfitter answers that. It builds up to 100 synthetic price histories your EA has n
Trade Manager DaneTrades
Levi Dane Benjamin
4.23 (30)
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
Quant Panel
Kevin Craig E Gittins
QUANT PANEL Independent per-algo analytics, protected MT5 history and professional PDF reporting Quant Panel is built for traders who run several Expert Advisors or strategies on one MT5 account and need to know how each algo is actually performing. Instead of treating the terminal as one combined portfolio, Quant Panel groups closed positions by EA comment or magic number and calculates every strategy independently. It gives you one clear dashboard for comparing algos, finding weak systems and
YuClusters
Yury Kulikov
4.93 (43)
Attention: You can view the program operation in the free version  YuClusters DEMO .  YuClusters is a professional market analysis system. The trader has unique opportunities to analyze the flow of orders, trade volumes, price movements using various charts, profiles, indicators, and graphical objects. YuClusters operates on data based on Time&Sales or ticks information, depending on what is available in the quotes of a financial instrument. YuClusters allows you to build graphs by combining da
Premium Trade Manager - Il pannello di trading con un coach integrato Premium Trade Manager porta un coach di trading direttamente nel tuo grafico, con un motore di esecuzione completo al di sotto. Imposta il trade come fai sempre, poi lascia che Max, il tuo coach di trading IA, legga esattamente quel setup rispetto al tuo conto live e ti dia un verdetto chiaro prima che tu confermi: lo stop rispetta un approccio disciplinato, il rischio è ragionevole, c'è un evento ad alto impatto tra pochi min
Astro Trade MT5
Indra Maulana
5 (8)
25% discount on the release of the tool: only for the next 3 buyers Send a message to receive a demo version. AstroTrade Trading Assistant AstroTrade is a comprehensive multi-functional trading utility developed for the MetaTrader 5 platform. It integrates essential tools for trade execution, risk management, and technical monitoring into a single unified interface. The application is designed to assist traders in managing their daily operations through a visual and structured environment. Vi
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