Kelly Risk Panel for MT5
- 유틸리티
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George Kamwanga
Hello, I'm George, a trading algorithms developer here on MQL5.com Market. I build professional expert advisors, indicators and other trading utilities for MT4 and MT5.
I aim to offer products that have good trading value, support and user experience for my customers. - 버전: 1.0
- 활성화: 7
Most traders know position size drives long-term results. Few know whether theirs is sensible. The Kelly Criterion answers that question, but it lives in spreadsheets or in your head, so you check it rarely, and never at the moment you size a trade.
The cost is quiet. Bet too much for your edge and growth erodes, even with a sound strategy. Bet too little and growth is left on the table. Neither error announces itself.
Kelly Risk Panel sits on your chart and answers one question: is my current risk inside, near, or beyond Kelly sizing?
Enter your win rate and payoff ratio. The panel does the maths, compares it with your real exposure, and says it in plain language:
"Risking 2.10% = 1.40x Half Kelly. Trim to about 1.50% per trade."
The verdict comes first, the numbers second, the details only if you want them. You glance, you know, you size the trade.
Key Features
- Know instantly: A large coloured verdict (comfortable, near the limit, oversized, negative growth, no edge) with a two-line explanation beneath.
- See the thresholds: A 12-segment gauge with green, amber and red zones always visible, so your position and the limits sit in one glance.
- Compare what matters: Switch between open risk, last trade risk and a configured risk percentage.
- Choose your margin: Full, Half or Quarter Kelly, with Half as the safer default.
- Go deeper on demand: Edge, full Kelly, target size, current risk, expected growth per trade and drawdown from a losing streak.
- Set up in seconds: Three typed values, saved automatically between sessions.
Safe by Design
Kelly Risk Panel only reads your account. It never places, changes or closes a trade, so it cannot interfere with your strategy, your other Expert Advisors or your manual orders. It advises; you decide. That makes it a low-risk addition to any MT5 chart, and the easiest way to bring Kelly sizing into the moment you actually size a trade.
