Risk Balancer
- Indicadores
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Almuatasim Assad Abdel Rahman Aqel
Trader and MQL5 developer based in Dubai. I trade gold, forex and crypto, and I’ve spent years building and testing trading systems on MetaTrader, which taught me how much the right numbers matter and how often they’re hidden. - Versão: 1.9
- Ativações: 5
RISK BALANCER - MQL5 Market listing
Product type: Indicator | Platform: MetaTrader 5 | Price: 39 USD | Version 1.09
SHORT DESCRIPTION
Live risk-parity weights for gold and a US index (plus a bond CFD if your broker has one): how many lots of each to hold for a target portfolio volatility, what you hold now, and what to buy or sell today. Reads only, never trades.
FULL DESCRIPTION
How many lots of each asset should you hold so no single one dominates your risk?
Risk Balancer does the portfolio maths that long-term traders usually keep in a spreadsheet. It weights each asset by the inverse of its volatility, measures the portfolio's volatility with a 60-day covariance, and scales the whole portfolio to the yearly volatility you choose.
It never opens, modifies or closes a trade. It only reads your positions and tells you the gap. It is not investment advice and gives no entry signals.
What the panel shows
- A weight donut: the share of risk-balanced capital in each asset, and each asset's yearly volatility.
- Portfolio volatility, your target volatility, the scale needed to reach it, total exposure and the correlation between the assets.
- TARGET vs WHAT YOU HOLD: for each asset the target lots, the lots you hold now, a drift bar against your tolerance band, and whether the broker charges swap on it.
- A chip per asset: OK, BUY x.xx or SELL x.xx.
- TODAY: one line with everything to do today, or "no action".
- A clear warning when the account is too small to hold the minimum lot of an asset.
Inputs
- The symbols for gold, the US index and an optional bond CFD. Broker suffixes are found automatically.
- Capital (your balance by default), target volatility, maximum scale and the tolerance band.
- Daily summary hour, drift alerts with a cooldown, and a daily CSV log in MQL5\Files\RiskBalancer.
Alerts
Popup, sound and push when a position drifts outside the band. The same advice is not repeated until it changes or the cooldown passes.
Panel
Drag the header to move it. Click the arrow to collapse it to one line. Click the x twice to remove it. Dark and light theme, size in percent. The position is remembered per chart.
Notes
- Needs daily history for each symbol (60 days by default).
- Target lots are rounded to the broker's lot step and capped at its maximum lot.
- Works on hedging and netting accounts.
