Prop Trade Manager Risk Panel and Supervisor


One-click order panel for prop firm traders: risk-based lot size, automatic break even, and a supervisor that refuses new trades when your total or group risk is too high.

Prop Trade Manager is a trade management panel for traders who work with funded or prop firm accounts. It gives no signals and opens a position only when you press Buy or Sell.

What it does

  • Calculates the lot size from your risk % and your stop distance, and shows the money at risk before you click.
  • Opens the order with stop loss and take profit (take profit in R multiples).
  • Portfolio supervisor: refuses a new order if the total open risk, the risk of a correlated group (metals, currency pairs, stock indices, crypto) or the number of open positions in that group would go over your limits. The reason is shown on the panel and written to a CSV file.
  • Daily loss block: stops new orders when the loss of the day reaches your limit.
  • Break even, partial close and trailing stop, per position or for all positions.
  • Works on any symbol. The initial risk of each position is remembered, so the rules follow the real risk of the trade.

How to use

  1. Attach the panel to a chart and enable Algo Trading.
  2. Set Risk %, Stop pts and TP (R) in the panel.
  3. Set your limits in the inputs: total risk, group risk, positions per group, daily loss.
  4. Press Buy or Sell. Use BE, Partial, Close sym and Close all to manage the trades.

Important

This tool helps you follow your own risk rules. It does not guarantee that you will pass an evaluation or avoid losses. Trading involves risk. Prop firm rules differ from firm to firm, so check the rules of your firm. Test on a demo account first.

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Free order panel for MetaTrader 5: the lot size is calculated from your risk % and your stop distance, and every order opens with stop loss and take profit. Built for traders who use funded or prop firm accounts. What this free panel does Calculates the lot size from your risk % and your stop distance, and shows the money at risk before you click. Opens Buy and Sell orders with stop loss and take profit (take profit in R multiples). Closes the current symbol or all positions with one click. Wor
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