Auto Risk Manager MT4

AutoRiskManage v2.3 — Documentation
Expert Advisor — MetaTrader 4 & 5
AutoRiskManage v2.3

Automated risk management EA with interactive graphical panel. Applies SL/TP, Break Even, Trailing Stop, and lot size calculation by risk percentage — for any instrument, any broker.

MT4 / MT5 v2.3.0 MQL4 · MQL5 C2C + B2C Time Space Technology

📋 Overview

AutoRiskManage is an Expert Advisor that acts as a risk management layer on top of any manually opened position. It does not generate trading signals — instead it protects and manages positions that are already open, applying the rules you configure through its graphical panel.

SL / TP Assignment
Automatically assigns Stop Loss and Take Profit to any new position that is opened without them.
Break Even
Moves the SL to breakeven (+ protection points) when the position reaches a configurable profit distance.
Trailing Stop
Follows the price dynamically, keeping the SL at a fixed distance once a profit threshold is reached.
Risk-Based Lot Calc
Calculates the exact lot size to risk a given % of the account balance, based on the SL distance and instrument tick value.
Graphical Panel
All parameters are editable directly on the chart — no need to reload the EA to change values.
Persistent Settings
Parameters survive timeframe changes, chart reloads, and MT4/MT5 restarts via GlobalVariables.
The EA only manages positions with Magic Number = 0 (manual trades). Positions opened by other EAs are automatically ignored.

Installation

MetaTrader 5

  1. Copy AutoRiskManage_v2.mq5 to MQL5/Experts/
  2. Open MetaEditor → compile the file (F7)
  3. In MT5, drag the EA from the Navigator onto any chart
  4. Set initial parameters in the Inputs tab → click OK
  5. Ensure AutoTrading is enabled in the toolbar

MetaTrader 4

  1. Copy AutoRiskManage_v2.mq4 to MQL4/Experts/
  2. Open MetaEditor → compile the file (F7)
  3. In MT4, drag the EA from the Navigator onto any chart
  4. Set initial parameters → click OK
  5. Ensure AutoTrading and Allow live trading are enabled
The EA automatically detects the symbol from the chart it is attached to — no need to configure the symbol manually.
To use BUY / SELL buttons on a live account, the broker must allow automated trading through EAs. Always test on a demo account first.

Input Parameters

These are the initial values set when attaching the EA. After the first load, all parameters can be changed from the panel without reloading.

General

Parameter Default Description
InpMagicNumber 1 Magic number used as a filter. The EA only manages positions with Magic Number = 0 (manual trades). This value identifies the EA's own orders (BUY/SELL from panel).
InpPrintLog false Enables verbose logging to the MT4/MT5 Journal. Useful for debugging. Keep disabled in production to avoid noise.

SL / TP

Parameter Default Description
InpLotSize 1.0 Fixed lot size used when Risk% = 0. Ignored when Risk% > 0.
InpRiskPct 0 Percentage of account balance to risk per trade. Set to 0 to use fixed lot size instead. Example: 1.0 = risk 1% of balance.
InpSLPoints 50 Stop Loss distance in real trader points. Enter intuitive values: 50 = 50 DAX points, 50 = 50 pips on Forex. The EA normalizes automatically per instrument.
InpTPPoints 30 Take Profit distance in real trader points. Same normalization as SL.

Break Even

Parameter Default Description
InpUseBreakEven true Enables the Break Even feature.
InpBEPoints 30 Price distance in points that must be reached to trigger Break Even. Measured from entry price.
InpBEPlusPoints 5 Points of protection added above (BUY) or below (SELL) the entry price when moving to breakeven. Ensures a small guaranteed profit.

Trailing Stop

Parameter Default Description
InpUseTrailing true Enables the Trailing Stop feature.
InpTSStartPoints 20 Minimum profit distance (in points) required to activate the trailing stop.
InpTSStepPoints 10 Distance (in points) the trailing SL maintains from the current price.

Panel

Parameter Default Description
InpPanelX 10 Horizontal position of the panel in pixels from the left edge of the chart.
InpPanelY 30 Vertical position of the panel in pixels from the top edge of the chart.

💰 Risk-Based Lot Calculation

When Risk% > 0, the EA calculates the exact lot size to risk a fixed percentage of the account balance on each trade, using the broker's tick value for the instrument.

The result is normalized to the broker's minimum lot step and clamped between the minimum and maximum allowed lot size.

Example

GER40.cash (DAX) — 1% risk
Account Balance $10,000
Risk % 1.0%
Risk Money $100
SL Points 50 pts
SL Price Distance 50 × 1.0 = 50.0
Tick Value (1 lot) ~$10.00
SL Ticks 50 / 0.01 = 5000
Lot Size $100 / (5000 × $10) = 0.20
After clicking Calculate Lot by Risk%, the button shows the calculated lot and the dollar amount at risk (e.g. Lot: 0.20 ($100.00)) for a few seconds before resetting.

📊 Instrument Compatibility

The EA uses GetPipSize() to normalize point values automatically. You always enter intuitive real-price points regardless of broker or instrument. The function detects the instrument type by its decimal digits:

Digits Instrument type Examples 1 pt = "50 pts" in price
5 Forex (standard) EURUSD, GBPUSD 0.00010 0.00500
3 Forex JPY USDJPY, EURJPY 0.010 0.500
4 Forex (legacy 4-digit) Some brokers 0.0001 0.0050
2 Indices & Metals DAX, Gold, SP500 1.00 50.00
1 Some indices NAS100 (some brokers) 1.0 50.0
0 Crypto / integers BTCUSD 1 50
The panel shows "1 pt = X.XX | digits: N" after clicking Apply — use this to confirm the EA has detected your instrument correctly.
AutoRiskManage v2.3  ·  Copyright 2025–2026 Time Space Technology  ·  MetaTrader 4 & 5
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Telegram to MT4 Multi-Channel Copier   copia automaticamente i segnali di trading dai tuoi canali Telegram direttamente in MetaTrader 4. Nessun bot, nessuna estensione del browser, nessuna copia manuale. Ricevi un segnale su Telegram e l'EA apre il trade sul tuo terminale in pochi secondi. Il prodotto include due componenti: un'applicazione Windows che ascolta i tuoi canali Telegram, e questo Expert Advisor che esegue i segnali sul tuo terminale MT4. Consulta la guida per scaricare l'applicazion
VirtualTradePad mt4 Extra
Vladislav Andruschenko
4.85 (61)
Pannello di trading per il trading in 1 clic.   Lavorare con posizioni e ordini!   Trading dal grafico o dalla tastiera. Utilizzando il nostro pannello di trading, puoi fare trading con un clic dal grafico ed eseguire operazioni di trading 30 volte più velocemente rispetto al controllo MetaTrader standard. Calcoli automatici di parametri e funzioni che semplificano la vita di un trader e lo aiutano a condurre le proprie attività di trading in modo molto più rapido e conveniente. Suggerimenti gra
MT4 Local Trade Copier Pro
Biswarup Banerjee
3.82 (11)
Presentiamo Local Trade Copier Pro MT4, l'utility definitiva per i trader che desiderano copiare efficientemente le operazioni tra diversi account MT4. Questo potente strumento è progettato per i trader che vogliono automatizzare la propria strategia di trading e migliorare le proprie performance sfruttando più account senza soluzione di continuità. Scopri i vantaggi della copia delle operazioni in tempo reale con un ritardo minimo, assicurandoti di non perdere mai un'opportunità redditizia. Che
Crystal Trade Manager PRO – Sistema Avanzato di Gestione del Rischio e Controllo delle Operazioni per MT4 Versione Gratuita: https://www.mql5.com/en/market/product/150632 Panoramica Crystal Trade Manager PRO (CTM) è uno strumento professionale progettato per la gestione del rischio, il controllo delle operazioni e l’automazione avanzata su MetaTrader 4. È ideato per i trader che richiedono un'esecuzione disciplinata, una forte protezione del capitale e un sistema di controllo affidabile. Il sist
Custom Alerts AIO: Monitora tutti i mercati — senza alcuna configurazione Panoramica Custom Alerts AIO è una soluzione di monitoraggio dei mercati pronta all’uso che non richiede alcuna configurazione. Tutti gli indicatori necessari — FX Power, FX Volume, FX Dynamic, FX Levels, IX Power — sono integrati internamente. Non vengono mostrati grafici, rendendolo ideale per generare alert in tempo reale in modo discreto ed efficiente. Supporta tutte le classi di asset offerte dal tuo broker: Forex,
Fast copier for sending trades to multiple MT4 / MT5 accounts. MT4 Trade Copier Master EA sends trades instantly from your master account to one or multiple slave accounts. Supports copying to: • MT5 accounts • MT4 accounts Perfect for: • Multi-account traders • Signal providers • Account managers • Personal account mirroring Main Features • Fast local trade copying • Low latency execution • Multiple slave accounts support • Copy open positions on startup • Stable file-based communication • Easy
Il MT4 to Telegram Signal Provider è uno strumento facile da usare e completamente personalizzabile che consente l'invio di segnali a Telegram, trasformando il tuo account in un fornitore di segnali. Il formato dei messaggi è completamente personalizzabile! Tuttavia, per un uso semplice, puoi anche optare per un modello predefinito e abilitare o disabilitare parti specifiche del messaggio. [ Dimostrativo ]  [ Manuale ] [ Versione MT5 ] [ Versione Discord ] [ Canale Telegram ]  New: [ Telegram To
News Filter EA MT4
Rashed Samir
5 (9)
News Filter EA: Advanced Algo Trading Assistant News Filter EA is an advanced algo trading assistant designed to enhance your trading experience. By using the   News Filter EA , you can integrate a Forex economic news filter into your existing expert advisor, even if you do not have access to its source code. In addition to the news filter, you can also specify   trading days   and   hours   for your expert. The News Filter EA also includes   risk management   and   equity protection   features
Riskless Pyramid
Snapdragon Systems Ltd
5 (1)
Introduction This powerful MT4 trade mangement EA offers a way potentially to aggressively multiply trade profits in a riskfree manner. Once a trade has been entered with a defined stoploss and take profit target then the EA will add three pyramid add-on trades in order to increase the overall level of profit. The user sets the total combined profit target to be gained if everything works out. This can be specified either as a multiple of the original trade profit or as a total dollar amount. Fo
ManHedger MT4
Peter Mueller
5 (2)
THIS EA IS A SEMI-AUTO EA, IT NEEDS USER INPUT. Manual & Test Version Please TEST this product before   BUYING  and watch my video about it. Contact me for user support or bug reports, or if you want the MT5 version! MT5 Version I do not guarantee any profits or financial success using this EA. With this Expert Advisor, you can: Implement your own   Zone Recovery   strategy to capitalize on trending markets. Create   Grid   trading strategies, to profit from ranging markets. Place orders easil
Equity Protect Pro: Il tuo esperto di protezione del conto completo per un trading senza preoccupazioni Se stai cercando funzionalità come protezione del conto, protezione del capitale proprio, protezione del portafoglio, protezione multi-strategia, protezione dei profitti, raccolta dei profitti, sicurezza del trading, programmi di controllo del rischio, controllo automatico del rischio, liquidazione automatica, liquidazione condizionale, liquidazione programmata, liquidazione dinamica, trailin
Support and Resistance Dashboard for MT4 is a multi-timeframe and multi-symbol scanner and alert system that finds S/R zones and pivot points for all timeframes and symbols and alerts when price has interaction with them. If you are using support and resistance (or supply and demand) zones in your trading strategy, this dashboard and its alert and filtering system is a big time saver for you. Download demo version   (works on M 1,M5,M30,W1   timeframes) Full description of scanner parameters ->
Seconds Chart - uno strumento unico per creare grafici in secondi su MetaTrader 4 . Con Seconds Chart , puoi generare grafici con timeframe definiti in secondi, ottenendo una flessibilità e una precisione d'analisi ideali, non disponibili nei grafici standard in minuti o ore. Ad esempio, il timeframe S15 indica un grafico con candele di 15 secondi. Puoi utilizzare qualsiasi indicatore, expert advisor e script. È facile utilizzarli proprio come nei grafici standard. A differenza degli strumenti s
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Auto Risk Manager Mt5
Mildry Yocasta Feliz Rodriguez
AutoRiskManage v2.3 — Documentation Expert Advisor — MetaTrader 4 & 5 AutoRisk Manage v2.3 Automated risk management EA with interactive graphical panel. Applies SL/TP, Break Even, Trailing Stop, and lot size calculation by risk percentage — for any instrument, any broker. MT4 / MT5 v2.3.0 MQL4 · MQL5 C2C + B2C Time Space Technology Overview AutoRiskManage is an Expert Advisor that acts as a risk management layer on top of any manually opened position. It does not generate trading signals — i
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