MNFM Risk Lot Manager MT5

MNFM Risk Lot Manager MT5

A manual trading utility for planning risk and submitting a confirmed pending order. Choose direction, drag Entry and Stop Loss, adjust volume, select one take-profit target and review the request before sending it. It is not an autonomous trading strategy and does not promise profits.

Main functions

- BUY PLAN / SELL PLAN and draggable Entry / SL lines.

- Manual lot + / - controls use the broker's volume step. Estimated stop loss, cost reserve, actual equity risk and target outcomes update with volume.

- AUTO calculates volume from the configured equity-risk percentage, rounded down. If the budget cannot support minimum volume, no volume is proposed.

- Account table: equity, account risk cap, existing further-SL exposure, plan budget, open/pending count, Entry and SL.

- Choose USE TP1, TP2 or TP3 as the single broker take-profit for the pending order. The other rows are separate full-volume scenarios, not partial exits and not cumulative profits.

- REVIEW PENDING ORDER opens a Yes/No confirmation containing symbol, type, volume, Entry, SL, TP and estimated loss. Nothing is sent at startup or automatically on price ticks.

- BUY LIMIT / BUY STOP / SELL LIMIT / SELL STOP is selected from Entry relative to current Ask/Bid. Entry exactly at the market price is not a pending order.

- Chart labels for Entry Price, Stop Loss and Take Profit 1/2/3. MIN/OPEN controls panel size.

Risk budget

Existing exposure includes all account symbols and magic numbers: additional loss from current close-out price to SL for open positions, and entry-to-SL loss for pending orders, plus configured reserves. Expected gains at profitable stops do not offset other risk. Missing SL or unavailable valuation is treated as unknown and blocks proposed volume.

AUTO uses the smaller of the requested risk budget and remaining account cap. MANUAL may exceed the AUTO percentage, but volume must fit the remaining account cap and broker limits. The cap is an estimate, not account-wide enforcement against other programs. A pending order's existing risk is counted once it is placed.

Dashboard settings and defaults

SETTINGS edits account cap (default 1% equity), AUTO risk (0.25%), round-turn cost reserve per lot (7 account-currency units), adverse SL slippage reserve (20 broker points), RESET stop distance (500 points), and target distances (1.5R / 2.5R / 4R). APPLY validates all fields together. Settings apply to this attached instance; restart or reattachment restores Inputs defaults. Changing RESET distance affects the next RESET LINES action, not an existing plan. Price-distance R is before costs, so net reward/risk differs. PanelX/PanelY control position. OrderMagic defaults to 26102380; ExecutionDeviationPoints defaults to 20.

H1 trend context

Uses completed H1 candles: UP when close > EMA50 > EMA200; DOWN when close < EMA50 < EMA200; otherwise MIXED, or LOADING when data is unavailable. It is context only and does not block an opposing manual plan. At least 210 H1 bars are required for this display; no news filter is included.

Installation and operation

This is an Expert-based utility. Attach to a separate chart through Expert Advisors and enable the platform and EA trading permissions only when you want to send requests. Use the current chart's symbol. Pending orders carry SL and the selected TP and use GTC duration. Removing the utility does not cancel broker orders. It does not trail stops, partially close, modify, or manage positions after activation. Inspect the Trade tab and error status after submission. Test on demo first.

Limitations

Broker data, conversion rates, execution, gaps and swap can change realized loss. Reserves are user estimates, not guarantees. Requests are rechecked after confirmation; changed prices, order type or calculated volume require another review. Independent BUY and SELL pending plans can coexist within the combined account risk cap. BUY PLAN / SELL PLAN starts a new draft without modifying existing orders. VIEW / NEXT BROKER ORDER cycles the actual broker orders/positions belonging to this utility. Broker-view lines follow actual Entry, SL and the selected broker TP, including after timeframe changes. Exact duplicate pending plans are blocked. The opposite order is not cancelled automatically when one activates (no OCO). The utility cannot lock other terminals or programs out of the account. No DLL or external service is required. Screenshots are marked synthetic interface examples, not trading performance.

MT5 uses native OrderCalcProfit valuation and OrderCheck before sending. On netting accounts any current position on the symbol blocks submission to avoid merging at activation.