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Risk Control MT4

Risk Control is an expert for Analyzing, monitoring, Controlling account risks.


Strategy :

  • Analyze Each Currency Volume and Direction on Account and Sort Them
  • Find and Suggest Best Three Symbols in Opposite Direction (Hedging Positions) for Controlling Risk.
  • Analyze User-Defined Position and preview effect before placing/Closing.


Features of EA :

  • Graphical Interface
  • Show Risk Graph for each currency
  • Smart Analyze and suggest best hedging positions
  • Preview risk effect of any new position on graph before opening
  • Ability to close or open user desired positions
  • Alert and notify account risky conditions
  • Show (by blinking currency), alert and notify before any news about account currencies


Using EA :

Using EA is so simple. Just attach on chart, EA Shows graph of currencies on account with buy and sell volumes. You have two options for controlling risks :

  1. Place Hedging Positions : EA suggest three best symbols,direction and volumes with one-click place-order option. You can change volume of symbols and limit the number of them to 1 or 2.
  2. Check Risk Of New Position Placing/Closing : If you place positions with this EA, You can preview the risk of your desired position on the graph before placing/Closing.


Input Parameters :

  • Prefix of Symbols : Input if your symbols have prefix. For example if your symbols are such as iEURUSD, input i in this field.
  • Show PopUp Alert When Volume of Currency Exceed : Show PopUp Alert, if volume of a currency exceed from defined value.
  • Send Notification When Volume of Currency Exceed : Send notification on mobile, if volume of a currency exceed from defined value.
  • Currency Volume Alert Limit : Volume limit for alert and notification.
  • Informing Before News :
    • Low Impact News Alarm
    • Minutes Before Low Impact News To Start Alarm
    • Medium Impact News Alarm
    • Minutes Before Medium Impact News To Start Alarm
    • High Impact News Alarm
    • Minutes Before High Impact News To Start Alarm
    • Show PopUp Alert On News
    • Send Notification On News
  • All other inputs are visually on chart.

Activating News Engine :

  • Enable "Allow Webrequest" on Tools/Options/Expert Advisors and add http://ec.forexprostools.com/ to the list.


Shortcut Group is ready to help you about using the EA, Please don't hesitate to contact me.

Visit our other useful utilities and experts here.


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The Volume Scalping Dashboard is a new instrument very suitable for a short-term operation and very fast. This Expert Advisor is designed to simplify the fast reading of the charts. The buttons with the currency names if clicked allow you to change graph quickly. There is the possibility to enter up to 28 symbols will be analyzed according to our calculation method. The expert is equipped with Automatic Stop loss and Take Profit in order to speed up the trading operations. It is also possible to
100 USD
Drawdown Control
Bernhard Stremayr
Drawdown Control (DC) is a helpful utility that can be used like an EA to limit the drawdown of any MT4 account . You can choose between different, fully customizable options of how DC must react if the drawdown reaches critical levels. To utilize the symbol with the most ticks per minute it is highly recommended to put the product on a EURUSD-M1 chart. Input Parameters Equity / Balance in % to stop trading (0 = disabled) : 85.0 [etc.] Current Balance / Initial BalanceHW in % (0 = disabled) :
99 USD
Mission Automate MT4
Andrey Barinov
This is a visual strategy builder . The way it is supposed to be. Turn your trading strategies and ideas into Expert Advisors without writing a single line of code. Generate mql source code files with a few clicks and get your fully functional Expert Advisors, which are ready for live execution , strategy tester and cloud optimization . This utility does NOT work in the strategy tester. The DEMO version is here: https://www.mql5.com/en/market/product/30172 More information about the product, inc
199 USD
Price Action DashBoard
Chantal Sala
The Price Action Dashboard is an innovative tool to help the trader to control a large number of financial instruments. This tool is designed to automatically suggest signals and price conditions. The Dashboard analyzes all major Time Frame suggesting price action conditions with graphic elements. The Dashboard can suggest you the strength of the trend identifying directional movement, it is an indispensable tool for those who want to open position themselves using market trends identifiers. The
200 USD
FiboPlusMultiTF
Sergey Malysh
A ready-made multitimeframe trading system based on automatic plotting and tracking of Fibonacci levels for buying and selling any symbol. Advantages Determines the trend direction based on a complex of 14 indicators ( Cx ), extremums of ZigZag ( Z ), RSI ( R ), Impulse ( I ) Displaying the values of 14 indicators comprising the trend direction ( Cx ) Plotting horizontal levels, support and resistance lines, channels View the plotting option of Fibonacci levels on any timeframe, with the abili
125 USD
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Versão 1.1 2020.07.07
Added better compatibility with high resolution displays.