AurumEdge Risk Guard MT4
- Utilità
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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
AurumEdge Risk Guard MT4 is a free position-size calculator that sits on your chart.
HOW IT WORKS
Two dashed lines appear on the chart: a red stop-loss line and a green take-profit line. Drag the red line to where you would place your stop. The panel instantly shows:
- the lot size for your chosen risk (type the risk % directly into the panel)
- the money at risk, and the actual % after rounding to your broker's lot step
- BUY or SELL, worked out from the side of price your stop is on
- reward:risk and the profit at the take-profit line
- the margin required and the current spread
SAFE BY DESIGN
- The lot size is always rounded down, so you never risk more than you set.
- If even the minimum lot would risk more than your setting, the panel warns you.
- It only calculates: it never opens, closes or changes trades.
SETTINGS
- Risk per trade (%), based on balance or equity
- Optional fixed risk in your account currency
- Starting stop distance (ATR-based) and starting reward:risk
- Take-profit line on/off, line colours
- Panel position and font size (the panel adjusts to Windows display scaling)
Works on any symbol: forex, gold, indices and more. The lines are kept when you change timeframe, and the "Reset lines" button puts them back near the current price.
ABOUT AURUMEDGE TECH
We build MetaTrader tools and Expert Advisors with clear rules and visible risk controls.
Also available for MetaTrader 5: search "AurumEdge Risk Guard" on the Market.
