Strifor Risk Master
- Utilità
- Strifor (Mauritius) Ltd
- Versione: 1.10
RiskMaster — Risk Manager for MetaTrader 5
RiskMaster is an expert advisor for the MetaTrader 5 platform designed for automated risk control at the account level. The main objective of the system is to ensure strict risk management discipline and prevent exceeding predefined loss limits.
The expert continuously monitors trading performance and automatically reacts when set thresholds are reached.
Key Features
Risk Limits Control
RiskMaster allows you to set maximum allowable loss levels:
- daily risk
- weekly risk
- monthly risk
Limits can be defined:
- as a percentage of equity
- as a fixed monetary amount
The expert automatically calculates the current trading result and compares it with the defined limits.
Automatic Account Protection
When any risk limit is exceeded, RiskMaster can automatically:
- close all open positions
- delete all pending orders
- block further trading until the end of the selected period (day / week / month)
This prevents further losses and enforces trading discipline.
Flexible Risk Calculation System
The expert supports multiple calculation methods:
- based on Equity (including floating PnL)
- based on Balance (closed trades only)
You can also choose the calculation base:
- current account balance
- fixed capital value
Loss Streak Control
RiskMaster includes additional protection against consecutive losses.
After reaching a predefined number of losing trades, the system can temporarily block trading (cooldown mode).
Rolling Window Risk
The expert supports risk control within a rolling time window.
For example:
- maximum loss within 1 hour
- automatic trading block if exceeded
This helps manage short-term risk spikes.
Reliable Position Closing
To ensure proper execution, the expert includes parameters such as:
- maximum slippage
- number of close attempts
- delay between attempts
- operation timeout
This ensures reliable closing even during high market volatility.
Order Filtering
RiskMaster can operate:
- on all account positions
- only on specific instruments
- only on selected Magic Numbers
- only on orders with specific comments
Information Panel
An on-chart panel displays key parameters:
- base capital
- daily risk limit
- weekly risk limit
- monthly risk limit
- current result
- remaining allowable risk
This allows real-time account monitoring.
Purpose
RiskMaster is designed for:
- professional traders
- algorithmic trading
- prop trading
- fund/account managers
- systematic risk control
The expert enforces strict risk discipline and protects trading capital from excessive losses.
Important Operational Note
RiskMaster operates only when the MetaTrader 5 platform is running and the expert is active on a chart.
If any of the following occurs:
- platform is closed
- terminal is disconnected
- profile without the expert is loaded
- expert is removed from the chart
— risk control stops, as MetaTrader does not execute EA code outside an active session.
Recommendation
For stable and continuous operation, it is recommended to use a remote server (VPS or remote desktop), where:
- MetaTrader 5 runs continuously
- RiskMaster is active on a chart
- the terminal operates 24/7
This ensures uninterrupted risk control regardless of your local machine or internet connection.
An additional advantage of using a remote server is reducing the risk of manually disabling the risk manager, helping maintain discipline and strict adherence to trading limits.
