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Risk Controler

Risk controller is a tool allowing you to automatically control orders, losses and emotionally motivated actions.

Main advantages

  1. Limitation of the total account loss. When the MinimalDepo value is reached, any trade will be closed.
  2. Limitation of losses per day.
  3. Limitation of losses in each trade.
  4. If a trade is accidentally opened with a large volume, the excessive volume is closed.
  5. Set the maximum number of trades opened at a time.
  6. Set the number of consecutive unprofitable trades.
  7. Set the maximum allowable number of trades per day.
  8. Send notifications to Email or MetaQuotesID.

Priority of parameters - from top to bottom

  • MinimalDepo – in the account currency. If the balance falls below this value, trading is blocked completely until the balance or this parameter changes.
  • RiskOnDay – in the account currency. Calculated relative to the account balance at 00:00 (broker time).
  • RiskPerOrder - in the account currency. Risk per trade.
  • MaxLot – volume. When a trade is opened with a larger volume, partial closing occurs.
  • MaxOpenTrades – the maximum number of trades opened at a time.
  • MaxOpenedTradeOn1Sym – the maximum number of trades opened on one instrument at a time.
  • OnlyOpenedOrders – if true, only opened trades are considered and pending orders are ignored.
  • MaxLoseTradeInARow – the number of consecutive unprofitable trades per day.
  • MaxLoseTrades – the number of unprofitable trades per day.
  • MaxTrades - the maximum number of trades per day.
  • Slippage – slippage when closing a trade by market.
  • TypeAlert - type of notifications.

When closing a trade, Risk Controller logs the reason for closing and the ticket. The main parameter is specified as the reason for closing. For example: "Current balance is lower than Minimal Depo. Reason - MinimalDepo."

Please note: if several conditions are fulfilled simultaneously, the closing and notification will be performed according to the parameter with the highest priority.

A parameter check can be disabled by setting a zero value.

If the settings are incorrect, all trades are closed, both current and new ones.

Example of the robot operation: Balance = $952, MinimalDepo = $950 and RiskOnDay = $5. After a loss of $2, the balance will be equal to $950. Despite the face that RiskOnDay of $5 has not been reached yet, MinimalDepo has a higher priority. Open orders will be closed, pending orders will be deleted, new orders will be closed due to the reached MinimalDepo.

Risk Controller can work 24/7 If this important for you, rent VPS-server!

Try for free on CADCHF

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This is a recognition just for those who feel, that they have a really successful adventure as a Forex Trader. A medal can only be worn by a champion, who knows what he's worth. A real bull of the market. This artwork is a celebration of all that has happened so far. And will always be part of every future trade. Show it to anyone and they will know, that you are successful without doubt. This recognition is a proof that you are great at what you do and all will instantly notice - it will b
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FDK Telegram Notification
Ashananda Mustika Rahma
This EA only gives notifications in the telegram and does not open positions Please follow the instructions below 1. Screenshot your mql5 payment 2. Send to Telegram : @FDKTradingSystem or 3. WhatsApp to +6281330241242 4. After the payment confirmed, you'll received the zipped files contain indicators, library and template For account monitoring https://www.mql5.com/en/signals/763787 Regards FDK Teams
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Entry Assistant Dashboard
Mhd Amran Bin Lop
Entry Assistant Dashboard v2.3 is the latest forex system for MT4 specially created to display the highest quality entry signals according to the best time brought especially for live traders (Live). In addition, it is equipped with an important function which is Push Notification which is used to receive message signal entry directly to your smart phone. This Push Notification is intended to prevent you from missing out or missing the golden opportunity of entry. Entry Assistant Dashboard v2
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Telegram Signals Copier
Rui Ferreira
Telegram Signals Copier is a fully automated software that reads messages from Telegram and inserts them as orders on your MT4 terminal. It comes with an advanced risk management tool, that can risk based on a % of your balance, fixed loss, and many other options. You can fully customize how you take the signals, change the TP and SL level. With an advanced analytics tool, you can see where your favorite signal providers are doing the most profit, and improve the profits even more. Cont
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MyTradingPet Top AI Signals
This EA connects to MyTradingPet.com for top performing live trade signals backed by latest AI technologies. The past performance data is available from MyTradingPet.com. All future enhancements to these AI signals will be automatically loaded into this EA. One time setup and no tweaking is required along the way. You can choose top 1-3 performing signals over 1 week or 1 month or 3 months. The EA program will automatically refresh top performers based on daily performance statistics. No furthe
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Youth Traders Tool MT4
Issam Kadhi
Youth Trader's Tool   is a helpful tool that helps trader to send trades in record time, manage them, open charts, play between charts and manage them. Inputs: * ATR period:   the period of ATR that will be used in the stoploss. * magic number:   to differs trades opened using tyhis tool from other trades. * slippage:   maximum slippage accepted to open trades. NOTE please: there is no coding in the world without issues, this is the first version and i hope from the buyers to contact me rega
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StratBuilder Lite
Jacobus Van Schoor
StratBuilder   Lite   is a grid-trading order management utility which runs on the MT4 platform.   This product is also available for the MT5 platform:   https://www.mql5.com/en/market/product/33178 It is strongly suggested that a virtual private server (VPS) be rented from MQL5 and that the setup on the trader’s computer be migrated to the VPS, to allow StratBuilder   Lite   to run 24/7. The unique StratBuilder   Lite   concept:   A basket of trades is opened at predetermined price levels (ring
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Risk Controller Free
Georgii Garanin
This is a fully functional evaluation version for working on "CADCHF". Full version - Risk Controller If there are active deals on the account when the robot is launched, then all of them except CADCHF will be closed! Risk controller is a tool allowing you to automatically control orders, losses and emotionally motivated actions. Main advantages Limitation of the total account loss. When the MinimalDepo value is reached, any trade will be closed. Limitation of losses per day. Limitation of lo
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Versão 1.20 2018.07.25
fix bugs
Versão 1.1 2018.07.09
Sending email notifications
Sending notifications to MetaQuotes ID