Lot Sizer and Risk Management Panel
- Utilità
- Versione: 1.40
- Attivazioni: 5
Lot Sizer & Dynamic Risk Management Panel for MT5
Take full control of your trading risk with Lot Sizer & Dynamic Risk Management Panel—an essential, high-speed execution utility designed for discretionary traders, prop firm account evaluators, and scalp/intraday traders.
Calculating position size manually during fast-moving market sessions (London/New York opens or news releases) leads to execution delays and costly sizing errors. This interactive panel automates your risk management directly on your chart with zero latency.
Key Features & Advantages
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Dual Risk Calculation: Switch seamlessly between Percentage Risk (% of Account Balance) and Monetary Cash Risk ($ Amount). Modifying one instantly calculates the other.
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Interactive Drag & Drop Chart Lines: Automatically renders visual Stop Loss (SL) and Take Profit (TP) lines on your chart. Dragging the SL line updates your exact lot size in real-time right on the entry button.
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Auto-Calculated Risk-to-Reward Ratio (RRR): Set your desired RRR (e.g., 1:2, 1:3), and the TP line automatically locks into position relative to your Stop Loss.
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Automated Breakeven Engine: Specify a target completion percentage (e.g., 50% of distance to TP). As soon as the market reaches that level, the utility automatically moves your Stop Loss to the entry price to secure a risk-free trade.
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Universal Symbol Support: Works out-of-the-box on Forex, Gold (XAUUSD), Crude Oil, Stock Indices (SPX500, NAS100, GER40), and Cryptocurrencies with dynamic tick-value calculation.
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High-Speed & ECN Compatible: Features automatic broker execution detection (IOC/FOK fill modes) and zero CPU visual flicker.
How to Use
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Attach the Expert Advisor to any chart.
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Enter your desired % Risk or Cash Risk in the input field.
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Select BUY or SELL to render the interactive SL and TP lines on your chart.
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Drag the Stop Loss line to your desired technical level (e.g., above/below market structure or swing points).
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Click SEND ORDER to execute the trade instantly with the exact calculated lot size.
Parameters & Configuration
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Default SL (Pips): Default distance for the Stop Loss line upon initializing a Buy/Sell selection.
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Magic Number: Unique identifier for the utility to manage orders and perform automatic breakeven adjustments without interfering with other EAs.
Requirements
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Works on MetaTrader 5 (Hedging and Netting accounts).
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Requires Allow Algo Trading to be enabled in your MT5 terminal settings to route trade orders.
