SyncTrader Risk Manager

SyncTrader Risk Manager

SyncTrader Risk Manager is a manual trading and risk management utility for MetaTrader 5. It calculates position volume from a selected monetary or percentage risk and places a structured trade plan directly from the chart.

The utility does not generate trading signals and does not open trades automatically. The trader selects the direction, order type, Stop Loss and Take Profit levels before confirming an order.

Main features

• Position sizing by account currency or percentage of account balance
• Market, Limit and Stop orders
• One to four Take Profit levels
• Adjustable Entry, Stop Loss and Take Profit lines
• Level values displayed in account currency, points or R
• Automatic breakeven after a selected Take Profit
• Nine reusable level templates
• Spread, margin, per-trade risk and daily loss checks
• Quick closing of managed positions: all, profitable or losing
• Removal of managed pending orders
• Current-symbol or all-symbol scope for quick actions
• Optional interface sounds and a compact collapsible chart panel
• Hedging and netting account support
• Persistent netting management after terminal or Expert Advisor restart

Trading workflow

1. Select risk in account currency or as a percentage of balance.
2. Select BUY MARKET, SELL MARKET, BUY LIMIT, SELL LIMIT, BUY STOP or SELL STOP.
3. Move the Entry, Stop Loss and Take Profit lines on the chart.
4. Select one to four Take Profit levels and, if required, automatic breakeven.
5. Review the calculated volume and level values.
6. Press PLACE ORDER.

Netting account behavior

MetaTrader keeps one combined position per symbol on a netting account. SyncTrader manages TP1 to TP3 as virtual partial exits and keeps the final Take Profit and Stop Loss at the broker.

The terminal and the utility must remain running for virtual partial exits and automatic breakeven. The final Take Profit and Stop Loss remain server-side. The utility saves its active netting plan and restores management after a terminal or Expert Advisor restart.

Same-direction additions are merged into the active netting position. Remaining partial volumes are recalculated while the existing target plan is retained. Opposite-direction entries that could reduce or reverse the position are blocked.

Quick actions

The ALL, WIN, LOSS and PEND buttons affect only orders and positions managed with the configured SyncTrader magic number. Their scope can be limited to the current chart symbol or extended to all symbols.

Inputs

Trading

• SyncMagicNumber: identifier used for SyncTrader orders and positions
• DefaultRiskMode: account currency or balance percentage
• DefaultRiskValue: initial risk value shown in the panel
• DefaultTPCount: initial number of Take Profit levels
• DeviationPoints: maximum allowed execution deviation

Trading protection

• MaxSpreadPoints: maximum spread for market entries; zero disables the limit
• CheckFreeMargin: checks required margin before sending an order
• MarginReservePercent: additional free-margin reserve
• MaxRiskPerTradeMoney: maximum allowed selected risk; zero disables the limit
• MaxDailyLossMoney: daily loss limit for managed trades; zero disables the limit
• IncludeFloatingPnLInDailyLoss: includes open managed positions in the daily limit
• QuickActionScope: current symbol or all symbols for quick actions

Automatic management

• EnableAutoBreakeven: initial automatic breakeven state
• AutoBreakevenAfterTP: Take Profit number that activates breakeven
• AutoBreakevenOffsetPoints: optional offset from the entry price

Display, templates and panel

• DefaultLevelDisplay: account currency, points or R
• LevelTemplateSlot: initial template slot from 1 to 9
• EnableSounds and sound file names
• Panel position, interface colors and initial collapsed state

Important notes

• Enable algorithmic trading in MetaTrader 5 before placing orders.
• Check the symbol specification, minimum volume, volume step and broker stop-distance rules.
• The calculated volume can differ slightly from the requested risk because it is rounded down to the broker's valid volume step.
• Trading involves risk. This utility does not provide signals and does not guarantee trading results.