AurumEdge Risk Guard Pro
- Experts
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Anthony Nwabueze Onyenweaku
I’m Tony, founder of AurumEdge Tech. I build Expert Advisors and indicators for MetaTrader 5 in MQL5, focusing on gold (XAUUSD), forex and indices (US30, NAS100, GER40).
What I do:
• Custom EAs from your strategy rules: breakout, trend, session-based, grid-free risk-managed systems - Versione: 1.0
- Attivazioni: 5
One-click trade panel for MT5: drag your stop-loss line, click BUY or SELL, and the lot size is calculated from your risk. Break-even and trailing stop included.
AurumEdge Risk Guard Pro is a trade panel that sizes every position from your risk, so each trade risks what you planned, no more.
How it works
1. Drag the red stop-loss line to where your stop belongs. Below the price = BUY, above the price = SELL.
2. Drag the green take-profit line to your target (optional).
3. Click the BUY or SELL button twice (the second click confirms, so a stray click never opens a trade).
The trade opens with the stop-loss and take-profit already attached.
What the panel shows, live
- Risk % (type a new value in the panel at any time) or a fixed money amount
- Lot size, rounded down to your broker's lot step
- Actual risk in money and %
- Take-profit with reward:risk and the money it would make
- Margin needed and the current spread
- Status of the last action, and how many panel trades are open
Trade management (for trades opened from the panel)
- Break-even: moves the stop to entry plus a small offset when the trade reaches a set profit (default 1x the initial risk)
- Trailing stop: ATR-based or fixed points, starting at a set profit (default 1.5x the initial risk)
- Close panel trades: closes only the trades this panel opened on that symbol (two clicks)
Built-in checks
- Refuses a trade if even the broker's minimum lot would risk more than your setting (can be switched off)
- Checks free margin, the broker's minimum stop distance and volume limit before sending
- Shows a clear message if Algo Trading is turned off
Works on any symbol your broker offers: gold, forex, indices and crypto. Lot size uses your terminal's own profit calculation, and money is shown in your account currency.
Good to know
- Risk Guard Pro does not decide when to buy or sell. You choose the direction and the stop; the panel handles the sizing and management.
- Algo Trading must be ON in MT5 for the panel to open and manage trades.
- In the Strategy Tester it places one example trade per day so you can see the sizing and management working. On a live chart it never trades on its own.
Inputs
- Risk per trade (%), risk based on balance or equity, fixed risk amount
- Starting stop distance (x ATR), show take-profit line, starting reward:risk, line colours
- Magic number, refuse over-risk trades
- Break-even trigger (x risk) and offset (points)
- Trailing: off / ATR / fixed points, start (x risk), ATR multiple, points
- Panel position and font size
Trading involves risk. Correct position sizing limits how much you lose per trade, but it does not prevent losses.
