Kiwi Prop Firm Risk Manager MT4
- Утилиты
- Версия: 1.2
Kiwi Prop Firm Risk Manager MT4 is an account monitoring and risk-control Expert Advisor for MetaTrader 4.
It is designed for traders who want to monitor account drawdown and automatically apply protective actions when predefined risk levels are reached.
The tool can be used alongside manual trading, other Expert Advisors, and third-party trading systems. It does not provide trading signals and does not open trades as part of a trading strategy.
Main Features
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Daily drawdown monitoring
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Overall drawdown monitoring
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Balance and equity monitoring
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Floating profit/loss monitoring
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Configurable Warning, Danger and Emergency levels
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Personal risk limits in addition to firm limits
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Safety buffer settings
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Profit target monitoring
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Margin and exposure conditions
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Maximum open trade control
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Maximum total lot control
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Prop trading day reset support
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Interactive chart dashboard
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Manual Emergency Close All function
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Designed to work alongside manual trades and other EAs
Account-Level Risk Monitoring
The dashboard displays important account information including:
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Balance
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Equity
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Floating profit/loss
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Daily loss used
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Daily loss remaining
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Overall drawdown used
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Overall drawdown remaining
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Open trades
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Total trading volume
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Time remaining until the configured prop trading day reset
This allows traders to monitor important account-risk information directly from a MetaTrader 4 chart.
Protection Stages
Kiwi Prop Firm Risk Manager MT4 uses configurable protection stages.
Warning
Provides an early indication that account risk is approaching the configured limit.
Danger
Activates additional protective actions according to the selected settings.
Emergency
Executes the configured emergency protection when the account reaches the specified risk level.
The Warning, Danger and Emergency thresholds can be adjusted in the EA settings.
Emergency Close All
The dashboard includes a manual Emergency Close All function.
When manually activated, it is designed to:
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Close open market trades
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Include manually opened trades
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Include trades opened by other Expert Advisors
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Include trades opened by third-party trading systems
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Delete pending orders
The optional Close Other Charts function can also be used to close other MetaTrader charts.
This provides an additional account-level intervention option when immediate risk reduction is required.
Works With Other Trading Systems
Kiwi Prop Firm Risk Manager MT4 is not dependent on a particular trading strategy.
It can monitor an account while the trader is using:
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Manual trading
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Scalping EAs
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Grid EAs
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Trend systems
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Gold trading EAs
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Forex EAs
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Index trading systems
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Other third-party Expert Advisors
The Risk Manager monitors account conditions independently of the strategy responsible for opening the trades.
Daily and Overall Drawdown
Separate controls are provided for Daily Loss and Overall Loss.
The trader can configure firm limits as well as optional personal risk limits.
Safety buffers can also be used so the Risk Manager can react before the specified maximum loss level is reached.
Different drawdown baseline methods are available to accommodate different account-management requirements.
Additional Risk Conditions
Additional protection conditions can include:
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Floating loss
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Equity floor
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Margin level
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Maximum number of open trades
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Maximum total lots
These conditions can be enabled or disabled according to the trader's requirements.
Protective Actions
Available protective actions include:
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Close market trades
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Delete pending orders
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Close other charts
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Display alerts
Actions can be configured according to the required level of protection.
Prop Trading Day Reset
A configurable UTC offset is provided for the daily reset calculation.
This allows the daily monitoring period to be adjusted according to the required trading-day schedule.
Traders should configure this setting according to the rules and reset time applicable to their account or proprietary trading program.
Recommended Use
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Platform: MetaTrader 4
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Type: Expert Advisor / Risk Management Utility
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Trading: Manual trading or automated EAs
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Symbols: Account-level monitoring
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VPS: Recommended when continuous protection is required
For account-level monitoring, the Risk Manager only needs to be attached to an appropriate MT4 chart according to the product instructions.
Important
Kiwi Prop Firm Risk Manager MT4 is a risk-management tool, not a trading strategy.
It does not predict market direction, provide entry signals, or guarantee that an account will satisfy the requirements of any particular proprietary trading firm.
Rules, drawdown calculations, profit targets and reset times can differ between firms and account programs. Users should verify the applicable rules and configure the Risk Manager accordingly.
Network latency, broker execution conditions, slippage, market gaps, platform interruptions and unavailable liquidity can affect the execution of protective actions.
No risk-management software can guarantee that positions will always be closed at an exact equity or drawdown level.
Before using the tool on a live or evaluation account, test the selected settings and protective actions on a demo account.
Kiwi Prop Firm Risk Manager MT4 — monitor account risk and apply predefined protection rules from one MetaTrader 4 chart.
