Risk Manager Pro MT4

Risk Manager Pro is a simple utility that calculates the necessary lots with the risk percentage and the pips of stop loss, before opening positions.

The web calculators can be useful in some cases but they are not efficient to open operations in real time. In the trading days, there are few opportunities to open positions and when the opportunity arises, the seconds make the difference. This is not possible with conventional web calculators, since to calculate the size of an operation regarding to the position of the stop loss, you must enter several data. These actions can take quite some time.

Risk Manager Pro utility trades on all currency pairs using only instant execution orders. All pairs of “Market Watch” window must be shown through right click and then show all.

The lots are calculated automatically when the percentage of risk and pips of stop loss are entered. The take profit is optional.

Important data are calculated in real time, for example – the required margin, total lots, lots per position and value per pip.

The Risk Manager Pro utility works on all timeframes.


Utility´s Parameters

  1. Balance - shows the account balance the account in real time.
  2. Risk - is the amount you are willing to lose per entry and must be entered as a percentage, for example: 1, 1.2, 2, 3.2,... etc.
  3. Margin - shows the amount that the broker will take as collateral. This required margin is shown in real time.
  4. Lots - shows the total lots and are calculated once the "stop loss" is entered.
  5. Lots/Pos - shows the lots per position and depends of how many operations will be performed. This value is shown in real time.
  6. Value/Pip - shows the value per pip and is calculated once the "stop loss" is setted.
  7. R/B - (risk / benefit) - is calculated according to the position of the "stop loss" and "take profit".
  8. This button shows the price plus the "stop loss" in real time.
  9. This field is to enter the "stop loss" in pips (not points), for example - 1, 20.3, 50, 100.3...etc.
  10. SELL - if this button is clicked, the "stop loss" line will be calculated above the current market price and the "take profit" line will be calculated below the current market price.
  11. BUY - if this button is clicked, the "stop loss" line will be calculated below the current market price and the "take profit" line will be calculated above the current market price.
  12. Leverage - shows the current leverage for the current account, for example - 1:100,1:200,1:1000...etc.
  13. This button shows the price plus the "take profit" in real time.
  14. This field is to enter the "take profit" in pips (not points), for example - 1, 20.3, 50, 100.3...etc.
  15. R- (reset button) - sets "stop loss" and "take profit" fields to zero.
  16. Spread - shows the difference between ask and bid price of the current symbol in real time.
  17. # Positions - This field is to enter the number of positions per entry, for example - 1,3,4...etc.
  18. TRADE - executes the orders.
  19. CLOSE ALL - closes all positions one by one.
  20. Contract Size - shows the lot size for the account - 100.000 means standard-account, 10.000 means mini- account and 1.000 means micro-account.

See the attached screenshots for a more detailed view.

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Eric Emmrich
5 (31)
Utilità
Take a Break pauses your Expert Advisors when trading is a bad idea: before news, after a daily loss, outside your trading hours, or when a rule you wrote yourself says so. When the pause is over, your EAs simply continue. Account protection for all your EAs in one tool: news filter, drawdown and equity protection, time filter and custom rules. One EA on one chart protects the whole account, the free indicator gives every chart its own rules on top. Free demo | What is new in 26.09 | Support Ass
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Vladislav Andruschenko
4.85 (61)
Utilità
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
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Rashed Samir
5 (10)
Utilità
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
FCK CurrencyStrength Pro
Patel Hitendrakumar Mahendrabhai
Utilità
Hi Friends, " FCK Currency Strength Pro " is a auto & semi auto trading expert with direction of pair. Buy-Sell separate or multi currency in one click. The strategy of  FCK Currency Strength Pro  is a combination of custom indicator, Trendlines, Support & Resistance levels ( Price Action ) and most important secretive trading algorithm mentioned above. Download News Ex4 and csv file You need the following SDSnews.ex4 in MQL4/Libraries and the daylightsavings.csv in MQL4/Files. Only 4 of 5 copi
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Fatemeh Ameri
4.96 (55)
Utilità
Trade Dashboard simplifies how you open, manage, and control your trades, with built-in lot size calculation. It allows you to execute trades, manage risk, and control positions directly on the chart, with tools such as partial close, breakeven, and trailing stop. Designed to reduce manual work and help you stay focused on your trading decisions. A demo version is available for testing. Detailed explanations of features are provided within the MQL5 platform. Installation instructions are include
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Kyra Nickaline Watson-gordon
5 (7)
Utilità
Smart Copy is an Easy-to-Use EA that supports Multi Copying Metatrader4 and Metatrader5 and Local/Remote Copying. (Remote Version is coming soon) Free version is available on Smart Copy Local Free MT4 Specifications :     Real Time, Multi Terminal - Multi Account - MT4/MT5 trade copying     Copy from netting to hedge and hedge to netting is supported.     Fast and instant copy     All settings are input visually.     Easy modifying symbol names, prefix, suffix     Enable/Disable copying s
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Boris Sedov
5 (1)
Utilità
RS Trade Copier - il local trade copier ultra-veloce con una vera interfaccia grafica. Smetti di inserire i numeri di conto manualmente. Addio alle interminabili liste di oltre 200 parametri nelle impostazioni. Uno strumento affidabile e flessibile per copiare operazioni di trading tra multipli terminali MT4 e MT5. È adatto sia a trader esperti e servizi di segnali, sia a investitori privati. Permette di sincronizzare il trading da uno o più Fornitori a uno o più Clienti con elevata precisione e
Fibo Heart Expert Advisor
Mohd Khairol Amin Ramli
Utilità
Want automatically to put the pending order, take profit and stop loss? This EA will do it on your behalf! The Fibo Heart EA strategy will place limit order after the ‘check point’ breakout. The position will be triggered when the price make a successful retest. If not, the pending order will automatically deleted after price hit certain level. You also have option to enable market order (instant execution) and custom take profit in the inputs setting. This EA must be attached with Fibo Heart In
EchoTrade Telegram Signal Backtester
Perpetual Chinemerem Vincent
Utilità
EchoTrade Telegram Signal Backtester VALIDATE TELEGRAM SIGNALS IN MINUTES - STOP GUESSING, START BACKTESTING Stop blowing accounts on "VIP" signals that don't deliver. The EchoTrade Telegram Signal Backtester is the professional solution to audit, verify, and optimize any Telegram signal provider's performance on historical data. Most signal providers show you their wins but hide their losses. This tool reveals the naked truth. By combining a powerful Data Manager (included) with an advanced MT4
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Laszlo Tormasi
5 (15)
Utilità
Trade Copier Global: The name speaks for itself. This copier allows you to copy orders between MT4 terminals even if they are not installed on the same computer. Features Copying trades between MT4 terminals around the world with a short delay. Automatically recognizes symbol prefixes. Can connect many Slaves to the same Master. Supports pending and market orders. Supports partial order close (with limitations, see below) Can send messages and notifications to the Slaves from the Master Several
Unlimited Trade Copier Pro
Vu Trung Kien
4.43 (7)
Utilità
Unlimited Trade Copier Pro is a tool to copy trade remotely to multiple MT4, MT5 and cTrader accounts at different computers/locations over internet. This is an ideal solution for you if you are a signal provider and want to copy your trades to other receivers globally on your own rules. One provider can copy trades to multiple receivers and one receiver can get trade from multiple providers as well. The provider can even set the subscription expiry for each receiver, so that receiver will not b
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Fabrizio Malavasi
Utilità
The Multicharts Crosshair draws a cross hair in any linked chart. The indicator can be used for comparison of symbol price levels in different time frame or to compare candles of different instruments in the same time frame How it works: It can works from every linked charts where the indicator is installed towards the others or from the chart where is istalled towards the following linked charts . It can be shown just pressing a the key of keyboard. After installing the indicators in the char
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Lukas Roth
4.88 (42)
Utilità
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
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Support Or Resistance Alert Broken MT4
Jhojan Alberto Tobon Monsalve
Utilità
"Support or Resistance Alert Broken" is a simple and very intuitive tool that allows you to create or eliminate horizontal and trend supports and / or resistances with a simple click. When the support or resistance line is broken by the closing price at the end of the current candle, the "Support or Resistance Alert Broken" tool will send an alert with sound, as well as a notification to the MT4 or MT5 mobile application. This tool can send alerts from multiple pairs at the same time. Utility
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Jhojan Alberto Tobon Monsalve
Utilità
Risk Manager Pro is a simple utility that calculates the necessary lots with the risk percentage and the pips of stop loss, before opening positions. The web calculators can be useful in some cases but they are not efficient to open operations in real time. In the trading days, there are few opportunities to open positions and when the opportunity arises, the seconds make the difference. This is not possible with conventional web calculators, since to calculate the size of an operation regarding
Support Or Resistance Alert Broken
Jhojan Alberto Tobon Monsalve
Utilità
"Support or Resistance Alert Broken" is a simple and very intuitive tool that allows you to create or eliminate horizontal and trend supports and / or resistances with a simple click. When the support or resistance line is broken by the closing price at the end of the current candle, the "Support or Resistance Alert Broken" tool will send an alert with sound, as well as a notification to the MT4 or MT5 mobile application. This tool can send alerts from multiple pairs at the same time. Utility
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