Smart Risk Panel MT5
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Smart Risk Panel
Smart Risk Panel (SRP) is an on-chart trading and risk-management Expert Advisor for traders who prefer to control their own entries while keeping order management, position controls and risk settings in one place.
SRP does not decide when you should enter the market. You remain in control of the trade entry, while the panel helps you manage the trade after entry.
Interactive On-Chart GUI
One of SRP's main strengths is its interactive on-chart control panel. Common trading and management actions are available directly from the chart, so you can work with open positions and pending orders without repeatedly moving between different MetaTrader windows.
The panel gives you a clear view of the controls you are using and keeps frequently used actions within easy reach during trade management.
Trading Panel
Open market and pending orders directly from the panel.
Available order types include:
- Buy
- Sell
- Buy Limit
- Sell Limit
- Buy Stop
- Sell Stop
You can set the lot size, entry price, number of orders and order spacing before placing the trades.
Modify Open Trades
SRP can help manage existing positions using:
- Take Profit
- Stop Loss
- Trailing Stop
- Break Even
- TP Cascade
If an open trade does not have TP or SL, SRP can apply the configured values automatically.
Quick Trade Actions
- Close All
- Close Profit
- Close Loss
- Hedge All
- Delete Buy Limit
- Delete Sell Limit
- Delete Buy Stop
- Delete Sell Stop
This makes it easier to manage several open or pending orders without handling them one by one.
Profit Protection
SRP includes configurable controls for:
- Target Profit
- Target Loss
- Maximum Drawdown
Each control can be configured independently to suit the way you manage your account.
Multiple Charts
Each SRP instance can use its own Magic Number. This allows several SRP charts to run in the same terminal while keeping the trades for each setup separated.
This multi-chart separation is another practical strength when you use different symbols or trading setups in the same MetaTrader terminal.
Telegram Control
Optional Telegram functions are available for supported account and trade-management commands. Telegram control can remain disabled if you prefer to operate SRP entirely from MetaTrader.
Before Live Trading
Broker conditions can differ in spread, execution, symbol specifications and trading restrictions.
Check your lot size, Magic Number, protection settings and pending-order configuration before using SRP on a live account.
SRP is designed to give you clearer control over your trades while keeping the final trading decisions in your hands.
More Information
Other MetaTrader Version
This product is also available for MetaTrader 4.
