Kiwi Prop Firm Risk Manager MT5
- Yardımcı programlar
- Sürüm: 1.3
Kiwi Prop Firm Risk Manager is an account monitoring and risk-control tool for MetaTrader 5.
It is designed for traders who want to monitor account drawdown and automatically perform protective actions when predefined risk levels are reached.
The tool can be used with 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
- Daily drawdown monitoring
- Overall drawdown monitoring
- Balance and equity monitoring
- Floating profit/loss monitoring
- Configurable warning, danger and emergency levels
- Personal risk limits in addition to firm limits
- Safety buffer settings
- Profit target monitoring
- Margin and exposure conditions
- Maximum open position control
- Maximum total lot control
- Prop trading day reset support
- Interactive chart dashboard
- Manual emergency account close
Account-Level Risk Monitoring
The dashboard displays important account information including:
- Balance
- Equity
- Floating profit/loss
- Daily loss used
- Daily loss remaining
- Overall drawdown used
- Overall drawdown remaining
- Open positions
- Total trading volume
- Time remaining until the configured prop trading day reset
This allows the trader to monitor account risk directly from the chart.
Protection Stages
Kiwi Prop Firm Risk Manager 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:
- Close all open account positions
- Include manually opened positions
- Include positions opened by other Expert Advisors
- Include positions opened by third-party trading systems
- Delete pending orders
The optional Close Other Charts function can also be used to close other MetaTrader charts.
This can be useful when immediate account-level intervention is required.
Works With Other Trading Systems
Kiwi Prop Firm Risk Manager is not dependent on a particular trading strategy.
It can monitor an account while the trader is using:
- Manual trading
- Scalping EAs
- Grid EAs
- Trend systems
- Gold trading EAs
- Forex EAs
- Index trading systems
- Other third-party Expert Advisors
The Risk Manager monitors the account independently of the strategy responsible for opening the positions.
Daily and Overall Drawdown
Separate controls are provided for Daily Loss and Overall Loss.
The trader can configure firm limits and optional personal limits.
Safety buffers can also be used so that the Risk Manager reacts before the specified maximum loss level is reached.
Different drawdown baseline methods are available to accommodate different account-management requirements.
Conditions
Additional protection conditions can include:
- Floating loss
- Equity floor
- Margin level
- Maximum number of positions
- Maximum total lots
These conditions can be enabled or disabled according to the trader's requirements.
Actions
Available protective actions include:
- Close positions
- Delete pending orders
- Close other charts
- Display alerts
Actions can be selected from the dashboard.
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 server/reset time applicable to their account.
Important
Kiwi Prop Firm Risk Manager is a risk-management tool, not a trading strategy.
It does not predict market direction and does not guarantee that an account will satisfy the requirements of any particular proprietary trading firm.
Rules, drawdown calculations 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 and unavailable liquidity can affect the execution of protective actions.
Before using the tool on a live or evaluation account, test the selected settings and actions on a demo account.
Kiwi Prop Firm Risk Manager — monitor account risk and apply predefined protection rules from one MT5 chart.
