Risk Manager Pro MT5

Set your limits before the market tests your discipline

Risk Manager Pro MT5 turns your risk plan into active monitoring inside MetaTrader 5. Define daily and weekly limits, monitor open-position exposure, and let the utility take protective action when an enabled rule is triggered.

A difficult session can lead to one more trade, a larger position, or an attempt to recover losses. A profitable day can also turn into an unnecessary giveback. Risk Manager Pro MT5 helps you put clear boundaries around both situations, whether you trade manually or use Expert Advisors.

One chart. Account-wide monitoring.

Run Risk Manager Pro MT5 on a dedicated chart while your trading EAs remain on their own charts. By default, it monitors trades across the account, including other symbols and trades opened by other EAs. View enabled limits and current risk information directly on the chart, with adjustable text size and color.

Build a risk plan around the way you trade

• Daily and weekly boundaries: configure loss limits and profit targets in account currency or percentages. Use them to define when exposure should be closed after a difficult period or a profitable one.
• An account equity floor: set a minimum equity level that triggers protective closure when account equity falls below it.
• Trading discipline: monitor daily trade counts, losing-trade counts, and consecutive losses to help control overtrading.
• Open-position risk: with open-position counting enabled, set a maximum position count. You can also configure a loss threshold for an individual position or a combined open-position loss limit in money or as a percentage of current equity.
• AntiGrid protection: limit same-direction positions and ordinary pending orders per symbol. Positions and pending orders are counted separately; excess items are reduced from the newest end of each group.
• Trading sessions: define allowed hours and minutes using broker server time. Overnight sessions are supported. Outside the window, the utility closes eligible positions and removes supported pending orders.

Choose simple or trailing loss control

Simple limits (the Daily limit setting) use the calculated daily or weekly trading result for the relevant loss rules. Trailing limits add loss control relative to the highest equity tracked by the utility, helping you manage how much of an equity gain can be given back. An optional daily reset restarts the tracked equity reference at the beginning of a broker day.

You can include floating position results in the daily and weekly calculations, and choose whether to count the available commission and swap values in the relevant calculations. These settings also affect trade and loss counters, so review them together when building your plan.

Protective actions when your rules are triggered

Depending on the enabled rule, Risk Manager Pro MT5 closes eligible positions, reduces excess exposure, or deletes ordinary Buy/Sell Limit and Stop orders. Optional push and email notifications can keep you informed about protective actions.

For supported limit breaches, you can also close other charts with a specified symbol or close the MT5 terminal. This can help interrupt an automated trading workflow or bring a trading session to an end.