IMPLEMENTATION OF RISK MANAGEMENT EA meta trader 4/5

Risk Manager EA =for Meta trader 5/4

Purpose of this EA:

Listen current Account on all asset not only 1 ticker, to provide Risk management function and stop algo trading if rules match . We trading only US Nasdaq 100 so time zone is New york

Rules inputs:

1. Daily Risk -USD: Amount in USD Example 1000 USD

Purpose of this feature is if we loss 1000 USD on current or total trade it stop algo trade and close any trade opened. To protect more loss and only it start algo trading automatically next Trading day as per USA New york time zone

2. Continues Daily Max Loss trade: ON/OFF

If turn on then it ask input example 4 -as intiger input

Purpose of this feature is if 4 trade lossing come it stop Algo trading and then it start algo trading next day .

3. Maximum Loss: ON/ OFF

If turn on then it ask input example : 5000 USD

Purpose of this feature is if we loss 5000 USD from first day of trading in Mt5 acc it stop then algo trading, close any open trade and not enbale trading next day so it over ride Daily risk and don’t allow to trade until we reapply this risk manager EA or input Max loss amount like more then 5000 USD to 6000 or more .