Hon Risk manager
- Yardımcı programlar
- Christopher Adie
- Sürüm: 2.0
- Güncellendi: 18 Ağustos 2025
- Etkinleştirmeler: 5
Advanced Risk Manager EA - Complete User Guide
What is Advanced Risk Manager EA?
The Advanced Risk Manager EA is a professional risk management and account protection system for MetaTrader 5. It's NOT a trading robot that opens trades - instead, it protects your account by monitoring your trading activity and enforcing strict risk limits.
Core Purpose
- Prevent account blowups by enforcing daily loss limits
- Protect profits with automatic profit targets
- Monitor trading remotely via Telegram
- Close unauthorized trades automatically
- Track daily performance with detailed statistics
What It Does
Monitors all your trading activity 24/7
Calculates real-time daily P&L and risk exposure
Enforces daily loss limits by closing trades automatically
Protects against emotional overtrading
Notifies you via Telegram of all important events
Provides mobile control of your trading account
Tracks detailed trading statistics and performance
What It Doesn't Do
Does NOT open new trades for you
Does NOT provide trading signals
Does NOT predict market movements
Does NOT replace your trading strategy
Key Features
Account Protection
- Daily Loss Limits: Automatically stop trading when daily loss reaches set percentage
- Profit Targets: Lock in profits when daily target is achieved
- Position Monitoring: Track all open positions in real-time
- Emergency Closure: Instantly close all positions via Telegram or dashboard
Mobile Control via Telegram
- Remote Monitoring: Check account status from anywhere
- Trade Control: Close positions, pause trading, lock account
- Real-time Alerts: Get notified of important events instantly
- Command Center: 25+ Telegram commands for complete control
Advanced Analytics
- Daily P&L Tracking: Precise calculation of daily performance
- Trade Statistics: Win rate, profit factor, trade analysis
- Risk Metrics: Real-time risk usage and remaining limits
- Performance History: Detailed logging of all trading activity
Mobile Protection System
- Unauthorized Trade Detection: Automatically close trades opened while account is locked
- Multi-device Safety: Protects against accidental mobile trading
- Override Protection: Prevents manual trading during risk limits
Professional Dashboard
- Real-time Display: Live account metrics and risk status
- Visual Risk Meter: Color-coded risk usage indicators
- Quick Controls: One-click emergency actions
- Status Monitoring: Trading status, protection level, system health
Who Should Use This EA?
Perfect For:
- Day Traders who need strict daily risk limits
- Scalpers who make many trades and need protection from overtrading
- Prop Firm Traders who must follow strict risk rules
- Mobile Traders who trade on phones and need protection
- Professional Traders who want institutional-level risk management
- Anyone who has ever blown an account and wants protection
Trading Styles Supported:
- Manual Trading (Primary use case)
- Semi-Automated Trading (with other EAs)
- Copy Trading (with risk protection)
- Mobile Trading (with mobile protection)
- Multiple Strategy Trading (unified risk management)
Account Types:
- Live Accounts (Main purpose)
- Demo Accounts (For testing and learning)
- Prop Firm Challenges (Perfect for passing challenges)
- FTMO, MyForexFunds, etc. (Meets all prop firm requirements)
Installation & Setup
Step 1: Download and Install
- Download the AdvancedRiskManager.ex5 file
- Copy to MetaTrader5/MQL5/Experts/ folder
- Restart MetaTrader 5
- Drag EA onto any chart (timeframe doesn't matter)
Step 2: Basic Configuration
Essential Settings:
Risk Management: - Max Risk Per Trade: 1.0% (Recommended for beginners) - Max Daily Risk: 3.0% (Adjust based on your risk tolerance) - Daily Profit Target: 0.0% (0 = disabled, or set like 2.0%) - Enable Daily Lockout: true Telegram Settings: - Bot Token: [Get from @BotFather on Telegram] - Chat ID: [Your Telegram chat ID] - Control Password: [Change from default ARM2024] - Enable Telegram Control: true Display Settings: - Show Dashboard: true (Recommended) - Dashboard Corner: 0 (Top-left)
Step 3: Telegram Setup (Optional but Recommended)
Create Telegram Bot:
- Message @BotFather on Telegram
- Send /newbot
- Name your bot (e.g., "My Trading Risk Manager")
- Get the bot token (looks like: 123456789:ABCdef... )
- Copy token to EA settings
Get Your Chat ID:
- Start chat with your bot
- Send any message
- Find your chat ID in the response
- Copy to EA settings
Step 4: Initial Setup
- Attach EA to chart
- Send QUICKSETUP via Telegram (or use dashboard button)
- Send STATUS to verify everything works
- Start trading with protection active!
Dashboard Overview
Main Sections:
Account Overview
- Balance: Current account balance
- Equity: Current equity (including unrealized P&L)
- Free Margin: Available margin percentage
- Margin Level: Current margin usage
Daily Performance
- Daily P&L: Today's profit/loss in dollars and percentage
- Calculated automatically from start-of-day balance
- Color-coded: Green (profit), Red (loss), Yellow (warning)
Risk Management
- Risk Used: Percentage of daily risk limit used
- Visual Progress Bar: Shows risk usage graphically
- Remaining Risk: How much risk budget is left
- Max Risk Setting: Your configured daily limit
Protection Status
- Mobile Guard: Shows if unauthorized trade protection is active
- Trades Closed: Count of unauthorized trades closed today
- Status Indicator: ACTIVE, PAUSED, or LOCKED
Trading Performance
- Trades Today: Total number of completed trades
- Win Rate: Percentage of winning trades
- Open Positions: Current number of open positions
Control Buttons
- RESET: Reset daily counters (use carefully)
- PAUSE: Temporarily pause new trading
- STATS: Show detailed trading statistics
- SETUP: Quick system setup and initialization
- CALC P&L: Manual P&L recalculation
- CLOSE: Emergency close all positions
Telegram Control System
Information Commands (No Password Required):
Basic Status
- STATUS - Complete account and system status
- QUICK - Mobile-friendly quick overview
- PING - Test bot connectivity
- HELP - Show all available commands
Detailed Information
- ACCOUNT - Account details (balance, equity, margin)
- POSITIONS - List all open positions with details
- STATS - Detailed trading statistics and performance
- DEBUG - System diagnostics and troubleshooting info
- VERSION - EA version and configuration settings
Control Commands (Password Required):
Trading Control
- STOP [password] - Stop opening new trades
- LOCK [password] - Lock all trading completely
- UNLOCK - Resume trading (no password needed)
- PAUSE [password] [minutes] - Pause trading temporarily
- RESUME - Resume from pause (no password needed)
Position Management
- CLOSEALL [password] - Close all open positions
- CLOSEPROFITS [password] - Close only profitable positions
- CLOSELOSSES [password] - Close only losing positions
- FORCECLOSE [password] - Force close with multiple attempts
- EMERGENCY [password] - Emergency shutdown and close all
System Management
- RESET [password] - Reset daily counters and limits
- SETBALANCE [password] [amount] - Manually set start balance
- RESCAN [password] - Rescan trade history for today
- QUICKSETUP - Automatic system setup (no password)
- CALCPNL - Manual P&L calculation (no password)
Quick Recovery Commands:
- FIXPNL - Repair P&L calculation system
- ARRAYCHECK - Validate system integrity
- ARRAYCLEAN [password] - Emergency cleanup
Risk Management Features
Daily Loss Protection
How It Works:
- Start Balance: Recorded at beginning of each trading day
- Real-time Monitoring: Calculates P&L every tick
- Automatic Action: When daily loss reaches your limit:
- All positions closed immediately
- Trading locked for the rest of the day
- Telegram notification sent
- Dashboard shows LOCKED status
Example:
Account Balance: $10,000 Daily Risk Limit: 2% Maximum Daily Loss: $200 If daily loss reaches $200 (2%): → All positions automatically closed → No new trades allowed until next day → Account protected from further losses
Daily Profit Protection
How It Works:
- Optional Feature: Set daily profit target (e.g., 1.5%)
- Automatic Locking: When target reached, trading stops
- Profit Protection: Prevents giving back daily gains
- Next Day Reset: Automatically unlocks for new trading day
Position Size Management
Risk Per Trade:
- Calculates optimal position size based on your risk percentage
- Considers stop loss distance for accurate risk calculation
- Prevents oversized positions that could blow your account
- Works with any trading strategy or timeframe
Example Calculation:
Account: $10,000 Risk Per Trade: 1% Risk Amount: $100 Stop Loss: 50 pips on EURUSD → Calculated Position Size: 0.20 lots
Mobile Protection System
The Problem It Solves:
Many traders accidentally open trades on their phone or tablet while their account should be locked due to risk limits. This can lead to:
- Exceeding daily loss limits
- Ruining a good trading day
- Breaking prop firm rules
- Emotional revenge trading
How Mobile Protection Works:
Unauthorized Trade Detection:
- Monitor New Positions: Constantly checks for new trades
- Time-based Logic: If a trade opens after lockout, it's unauthorized
- Automatic Closure: Immediately closes unauthorized trades
- Instant Notification: Sends Telegram alert with details
Protection Scenarios:
- Daily loss limit reached → Account locked → Mobile trade opened → Immediately closed
- Manual pause activated → Phone trade opened → Immediately closed
- Telegram LOCK command sent → Desktop trade opened → Immediately closed
Smart Recognition:
- Legitimate Trades: Opened before lockout are left alone
- Manual Overrides: Can be temporarily disabled if needed
- Multiple Attempts: Handles rapid-fire mobile trading attempts
Trading Scenarios & Use Cases
Scenario 1: Day Trader Protection
Situation: You're a day trader who tends to overtrade when losing
Setup:
- Max Daily Risk: 2%
- Risk Per Trade: 0.5%
- Daily Profit Target: 1.5%
- Mobile Protection: ON
How It Helps:
- Stops you after 4 losing trades (2% daily limit)
- Locks profits when you're up 1.5%
- Prevents emotional overtrading
- Telegram alerts keep you informed
Scenario 2: Prop Firm Challenge
Situation: You're trying to pass an FTMO or similar challenge
Setup:
- Max Daily Risk: 4% (slightly below prop firm limit)
- Risk Per Trade: 1%
- Daily Profit Target: 0% (disabled)
- Mobile Protection: ON
How It Helps:
- Ensures you never break daily loss rules
- Protects against account termination
- Provides detailed statistics for review
- Remote monitoring during challenge
Scenario 3: Mobile Trader
Situation: You trade primarily on mobile devices
Setup:
- Max Daily Risk: 3%
- Risk Per Trade: 1%
- Mobile Protection: ON
- Telegram Control: ACTIVE
How It Helps:
- Quick status checks via Telegram
- Emergency position closure from anywhere
- Protection against accidental trades
- Complete mobile account management
Scenario 4: Multiple Strategy Trader
Situation: You run several EAs plus manual trading
Setup:
- Max Daily Risk: 5%
- Risk Per Trade: 1%
- Unified monitoring of all strategies
- Mobile Protection: ON
How It Helps:
- Monitors combined risk from all sources
- Protects against strategy correlation
- Unified P&L calculation
- Emergency shutdown of all activity
Scenario 5: Copy Trading Protection
Situation: You copy other traders but want risk protection
Setup:
- Max Daily Risk: 3%
- Position monitoring: ACTIVE
- Telegram alerts: ON
How It Helps:
- Monitors copied trades for risk
- Closes all positions if daily limit reached
- Protects against bad copy trading days
- Maintains control over your account
Troubleshooting
Common Issues and Solutions:
P&L Not Showing
Symptoms: Dashboard or Telegram shows blank P&L Solution:
- Send FIXPNL via Telegram
- If that fails, try QUICKSETUP
- Check with PNLDEBUG for detailed info
Array Out of Range Error
Symptoms: EA stops working, error in Expert tab Solution:
- Send ARRAYCHECK to validate system
- If issues found, use ARRAYCLEAN [password]
- Restart EA if needed
Telegram Not Working
Symptoms: No responses from bot Solution:
- Check bot token and chat ID in settings
- Verify internet connection
- Test with PING command
- Ensure Telegram bot is not blocked
Dashboard Not Updating
Symptoms: Static dashboard display Solution:
- Check if EA is running (smile icon in top-right)
- Verify "AutoTrading" is enabled
- Try CALCPNL to force update
- Restart EA if needed
False Risk Calculations
Symptoms: Risk percentages seem wrong Solution:
- Use SETBALANCE [password] [amount] to set correct start balance
- Run CALCPNL to recalculate
- Check account balance vs. equity for unrealized P&L
Best Practices
Daily Routine:
- Morning: Check STATUS before trading
- During Trading: Monitor dashboard risk meter
- Evening: Review STATS for daily performance
- Weekly: Run ARRAYCHECK for system health
Risk Management Tips:
- Start Conservative: Begin with 1-2% daily risk limits
- Gradual Increase: Only increase limits as you prove consistency
- Respect Lockouts: Don't try to override daily limits
- Use Profit Targets: Lock in good trading days
Telegram Usage:
- Keep Bot Token Secret: Never share your bot credentials
- Change Default Password: Use a strong, unique password
- Regular Testing: Send PING weekly to ensure connectivity
- Emergency Contacts: Ensure you can access Telegram in emergencies
Prop Firm Trading:
- Set Limits Below Maximum: Leave buffer room (e.g., 4% limit for 5% rule)
- Document Everything: Use STATS for performance reports
- Test on Demo First: Ensure EA works with your broker
- Monitor Closely: Watch for any unusual behavior during evaluation
Multiple Account Management:
- Separate Bots: Use different Telegram bots for each account
- Unique Passwords: Different passwords for each EA instance
- Clear Naming: Name your bots clearly (e.g., "Live Account Bot", "Demo Bot")
Advanced Features
Global Variables:
The EA saves important data in MT5 global variables:
- ARM_TradingLocked - Current lockout status
- ARM_DailyStartBalance - Today's starting balance
- ARM_SetupComplete - Initialization status
File System:
Daily data is saved to files for persistence:
- AdvancedRiskManager/DailyData_[DATE].json - Trading history
- AdvancedRiskManager/Settings.json - EA configuration
Integration with Other EAs:
The EA provides functions for other experts:
- ARM_IsTradingAllowed() - Check if trading is permitted
- ARM_CalculatePositionSize() - Get safe position size
- ARM_GetDailyPnLPercent() - Current daily performance
Support and Updates
Getting Help:
- Check This Guide: Most questions are answered here
- Use Debug Commands: DEBUG , PNLDEBUG , ARRAYCHECK
- Check Expert Tab: Look for error messages in MT5 logs
- Test Commands: Use PING and STATUS to verify functionality
System Requirements:
- Platform: MetaTrader 5 (Build 3815 or higher)
- Internet: Required for Telegram functionality
- Permissions: Allow WebRequests for Telegram API
- AutoTrading: Must be enabled for position management
Regular Maintenance:
- Weekly: Send ARRAYCHECK to verify system integrity
- Monthly: Review and update risk settings as needed
- Quarterly: Test all Telegram commands for functionality
- Annually: Update passwords and review security settings
Conclusion
The Advanced Risk Manager EA is a comprehensive account protection system designed to prevent trading disasters and enforce disciplined risk management. It's not a "get rich quick" tool, but rather a professional safety net that allows you to trade with confidence knowing your account is protected.
Key Benefits:
- Prevents account blowups through automated risk management
- Enables professional-level discipline and control
- Provides peace of mind for active traders
- Meets all major prop firm requirements
- Offers complete mobile control and monitoring
Remember: The EA protects you from yourself - your biggest enemy in trading is often emotional decision-making. By automating risk management, you remove emotion from the equation and trade like a professional.
Start conservatively, test thoroughly, and trade with discipline!
