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Risk Manager MT4 FREE

If you like the program, please give vote👍 and write a review.

It's a FREE Version of advisor 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

Differences from the full version:
  • no function Loss limit in $
  • no control closing in $ function
  • no function Profit limit in $
  • no Trading Account Number feature
  • no function Close All Charts

If you like the advisor, you can buy a version with advanced functionality Risk Manager MT4

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.

Loss 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.

Profit 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
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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
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Pro version Pump and Dump Pump and Dump PRO Pump and Dump PRO

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
Apostolos Petrakis
Apostolos Petrakis 2020.07.03 11:00 

Very usefull tool for money management. Thank you!

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My Trade History PRO
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⭐⭐⭐⭐⭐  Best Solution for any Newbie or Expert Trader! Review your trades is the first step to a successful trader. Successful traders have a habit of regularly reviewing their trading performance. This tool will help you to do just that. The review process will be most effective with this tool to track your trading. Analyse your manual trades or the trades of your EA. Use the 3 general view. To switch between just click on the button. Closed Trades Open Trades Close+Open Trades All trades will b
65 USD
MT4 to Discord
Trinh Dat
MT4 To Discord  Expert Advisor will send notifications via Discord when orders are opened/modified/closed on your MetaTrader 4 account. It is also used to post signals to a Discord group/channel. With more options, easy to customize message, support for all languages and Emoji. Parameters Discord url Webhook  - create webhook on your Discord channel. Magic number filter  - default all, or input magic number to notify with comma, like: 111,222,333. Symbol filter  - default all, or input symb
54 USD
MT4 to Tlgrm
Fernando Morales
Do not use Windows 7 with this EA MT4toTLGRM EA only sends text messages from Metatrader4 to a Telegram group or channel of your choice. From version 4.00 it sends messages to Twitter and Facebook. The messages are customizable to show information about any trading activity in the account. Also it shows a daily PnL report. Several instances of this EA can be used simultaneously in the same MT4 terminal for sending messages to different Telegram group/channel but ensure that each one has a diffe
149 USD
Smart Order lot calculator
Mohammad Ziaratizadeh
This utility calculates Lot size and simply places orders with just One click. Fast, accurate, practical Download demo version here to test this utility. This utility does NOT work in strategy tester. You can specify Entry, Sl and TP prices on chart by dragging related Lines, "Smart Order" will smartly recognize the position type and calculates the lot size depend on defined risk and SL amount. First, enter the risk percentage, enter by keyboard or use +/- buttons on panel. if you intend to s
40 USD
MT4 Telegram Signal Provider
Nguyen Van Anh
* PRINCIPALES CARACTERÍSTICAS: Envíe sus señales a MUCHOS CANALES: canales de telegramas múltiples, correo electrónico y envíe notificaciones push al terminal móvil Escanee los pedidos muy RÁPIDO: escanee en segundos, no en ticks Enviar información de TODOS LOS TIPOS DE PEDIDOS: Abrir (incluidas las órdenes pendientes), cancelar, cerrar (incluido el% de cierre parcial), desencadenar y modificar órdenes FILTRAR las órdenes de envío por: Tipos de orden (pendiente, activada, modificada, cerrada)
100 USD
Forward Alert To Telegram
Trinh Dat
The Expert Advisor will help you forward all alert from  MetaTrader 4 to Telegram channel/ group.  All alert must save to folder <Data folder>MQL4\Files\Alerts\ , text file with format *.txt and screenshot with format *.png. Parameters Telegram Bot Token   - create bot on Telegram and get token. Telegram Chat ID    - input your Telegram   user ID,   group /   channel ID Forward Alert - default true, to forward alert. Send message as caption of Screenshot - default false, set true to send messa
100 USD
Exp4 Duplicator
Vladislav Andruschenko
The Expert Advisor repeats trades and positions a preset number of times on your account  MetaTrader 4 . The following functions are supported: custom lot for copied trades, copying Stop Loss, Take Profit, use of trailing stop. It copies all deals opened manually or by another Expert Advisor. Copies signals and increases the lot from signals! Increases the lot of other EAs. Note: This is not a copier for deals between terminals. A trade copier for MetaTrader is available here: COPYLOT Version of
49 USD
Navigator FX
Chantal Sala
The Navigator is a next-generation panel very easy to use. Apply this indicator on the chart to navigate very quickly through all the symbol and timeframes listed in input. The arrows manage the zoom and time frames. You can customize both the graphic colors and the list of symbols to display. A quick and easy tool that it will help to analyse the charts. Input Values Show_TF_Panel (true/false) it permits to show/hide panel with TF and Arrows 32 symbols COLORS AND SIZE SETTINGS BUTTON_WIDTH B
50 USD
Apostolos Petrakis
Apostolos Petrakis 2020.07.03 11:00 

Very usefull tool for money management. Thank you!

konstantge 2019.04.20 15:10 

Usuário não fez qualquer comentário quanto a classificação

Ahmed Sarıkaya
Ahmed Sarıkaya 2019.04.09 15:44 

Usuário não fez qualquer comentário quanto a classificação

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Versão 1.7 2020.07.13
improved code