Risk Control MT5
Risk Control is an expert for Analyzing, monitoring, Controlling account risks.
- 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 :
- 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.
- 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.