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Risk Manager MT4

Advisor Risk Manager for MT4, a very important and in my opinion necessary program for each trader.

With the help of this advisor you can control the overall risk on your trading account. The control can be carried out both in the marginal money equivalent of the maximum losses on the account, and in% interest.

To work with the adviser, simply attach it to the chart of the currency pair and set the maximum permissible risk values ​​in the deposit currency or in% of the current balance.

Advantage Advisor Risk Manager for MT4:

Control the risk of all manual transactions in the account

Risk control of all advisors in the account

Automatic stop of trading and order removal

Convenient information panel with indicators of current and maximum drawdown / profit on the account

IMPORTANT! The Expert Advisor does not have the ability to test in the tester, since he only controls the risk of other transactions.


Description of settings


Profit percentage - the size of the maximum profit for all open positions, after which the adviser will record the profit and close the order.

Loss percentage - the size of the maximum loss for all open positions, after reaching which the adviser will fix the loss and close the order.

Profit limit in $ - the limit size of the maximum profit in the currency of your deposit on the achievement of which the adviser will record the profit and close the orders.

Loss limit in $ - the marginal amount of the maximum loss in the currency of your deposit on the achievement of which the adviser will fix the loss and close the order.

Control closing by percentage true / false - if true, the expert will control positions only by% balance change, controls the indicator Profit / Loss percentage.

Control closing in $ true / false - if true is selected, the adviser will control the positions by the indicators Loss / Profit limit in $, respectively, the control will be carried out in the deposit currency.

Close market orders true / false - if true is selected, orders are deleted if the risk is exceeded.

Delete pending orders true / false - if true is selected, pending orders are deleted if the risk is exceeded.


Close All Charts true / false - if true is selected, if you exceed the risk, all the charts in the terminal are closed, which indicates that it is time to pause the trade.

Show panel true / false - show / hide the information panel.

Trading Account Number - the account number on which the panel should work, if 0, then it works on any account.

Use sound signal true / false - use sound notification of risk management exceeding.

Allowable Slippage - allowable slippage.

Number of closing attempts - the number of attempts to close positions.

Pause after error in seconds - pause before a new attempt to close an order.


You can also download my other products:

Description  MetaTrader 4 MetaTrader 5
Trading robot, Strategy - “buy cheaper, sell more expensive” PUMP AND DUMP PUMP AND DUMP
Trend trading advisor, with stops  LONG TERM STRATEGY LONG TERM STRATEGY
Really working indicator iPump iPump Indicator iPump Indicator
Dow Jones Strategy Advisor
WAY of the TURTLE 

All my programs on mql5.com от SeniorTrader

#tags  Risk Manager MT4, Risk Manager, Risk controller, Риск менеджер, Риск контроллер, Риск менеджер МТ4




Comentários 3
ifishing4me
20
ifishing4me 2021.04.30 05:12 
 

It works Great! I would recomend it.

Tran Tien Hung
137
Tran Tien Hung 2020.10.11 07:43 
 

I used. Very good

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Filtro:
ifishing4me
20
ifishing4me 2021.04.30 05:12 
 

It works Great! I would recomend it.

Sergei Lanin
12467
Resposta do desenvolvedor Sergei Lanin 2021.05.01 15:28
Hello ! That the problem you have? give me log file please.
I will try to help you,
1) do you activate auto trading?
2) in the right corner ea have smile face? Best regards,
Sergey Updated 01/05/2021
Instruction - How start EA and small test, works EA coorectly or not https://www.youtube.com/watch?v=fzfzvMq8dEM
MyFXAccount00
32
MyFXAccount00 2021.04.20 10:47 
 

This EA is ok but I did have some issues with it.

The author did help but the issue is, the Stop Loss is not visible on the chart.

I expected the Stop Loss to be visible on the chart.

The other issue is, the Stop Loss is faulty.

Sometimes it works and sometimes it does not work.

The author did say he would update the EA to show the Stop Loss on chart.

At the moment, I can not use it because it is not reliable.

Sergei Lanin
12467
Resposta do desenvolvedor Sergei Lanin 2021.05.01 14:43
Glad that you like the app, all the best to you. Best regards,
Sergey Udaped 01/05/2021
1) First you write good rewiev on 20 april. Now you lower the review because you require the revision https://prnt.sc/12cw8nj of what you would like, this is blackmail. You bought with the functionality that was indicated in the description, You did not ask before buying - will I modify the advisor as I would you like, if yes, I am buying. Why do this now through reviews?
2) But the problem is not even that, I thought about your request and this is what I will say - You are asking to make the stop loss line visible on the chart, but you didn’t even think if this is real. the advisor controls the overall risk of all positions and assets for which you have opened trades. For example, these are 3 pairs eurusd, gbpusd, audcad and for which pair to show the stop loss line, since the risk can be violated by any of the pairs and all positions will be closed. Now I think you understand that your request for modification breaks the EA's logic. Best regards,
Sergey
Tran Tien Hung
137
Tran Tien Hung 2020.10.11 07:43 
 

I used. Very good

Responder ao comentário
Versão 1.32 2021.04.18
Updated code due to Metatrader update.
Versão 1.31 2020.11.23
Indicated in the info panel that the calculation of the "Current profit" indicator shows the current loss / profit in % of your deposit
Versão 1.23 2020.07.13
improved code
Versão 1.22 2020.07.11
panel dimensions adjusted