Risk Controler

Risk controller is a tool allowing you to automatically control orders, losses and emotionally motivated actions.


Main advantages

  1. Limitation of the total account loss. When the MinimalDepo value is reached, any trade will be closed.
  2. Limitation of losses per day.
  3. Limitation of losses in each trade.
  4. If a trade is accidentally opened with a large volume, the excessive volume is closed.
  5. Set the maximum number of trades opened at a time.
  6. Set the number of consecutive unprofitable trades.
  7. Set the maximum allowable number of trades per day.
  8. Send notifications to Email or MetaQuotesID.


Priority of parameters - from top to bottom

  • MinimalDepo – in the account currency. If the balance falls below this value, trading is blocked completely until the balance or this parameter changes.
  • RiskOnDay – in the account currency. Calculated relative to the account balance at 00:00 (broker time).
  • RiskPerOrder - in the account currency. Risk per trade.
  • MaxLot – volume. When a trade is opened with a larger volume, partial closing occurs.
  • MaxOpenTrades – the maximum number of trades opened at a time.
  • MaxOpenedTradeOn1Sym – the maximum number of trades opened on one instrument at a time.
  • OnlyOpenedOrders – if true, only opened trades are considered and pending orders are ignored.
  • MaxLoseTradeInARow – the number of consecutive unprofitable trades per day.
  • MaxLoseTrades – the number of unprofitable trades per day.
  • MaxTrades - the maximum number of trades per day.
  • Slippage – slippage when closing a trade by market.
  • TypeAlert - type of notifications.

When closing a trade, Risk Controller logs the reason for closing and the ticket. The main parameter is specified as the reason for closing. For example: "Current balance is lower than Minimal Depo. Reason - MinimalDepo."

Please note: if several conditions are fulfilled simultaneously, the closing and notification will be performed according to the parameter with the highest priority.

A parameter check can be disabled by setting a zero value.

If the settings are incorrect, all trades are closed, both current and new ones.

Example of the robot operation: Balance = $952, MinimalDepo = $950 and RiskOnDay = $5. After a loss of $2, the balance will be equal to $950. Despite the face that RiskOnDay of $5 has not been reached yet, MinimalDepo has a higher priority. Open orders will be closed, pending orders will be deleted, new orders will be closed due to the reached MinimalDepo.

Risk Controller can work 24/7 If this important for you, rent VPS-server!

Try for free on CADCHF

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DrawDown Limiter v5.0 — Advanced Account Protection Controller DrawDown Limiter v5.0 is a client-side account protection controller designed to supervise your trading account and automatically react when configured risk, profit, news, schedule, rollover, or position limits are reached. It can monitor manual trades, automated strategies, multiple Expert Advisors, pending orders and floating positions from one dedicated chart. It can protect the complete account or be configured to supervise a spe
Hello friends. I wrote this utility specifically for use in my profile with a large number of Expert Advisors and sets ("Joint_profiles_from_grid_sets" https://www.mql5.com/en/blogs/post/747929 ). Now, in order to limit losses on the account, there is no need to change the "Close_positions_at_percentage_of_loss" parameter on each chart. Just open one additional chart, attach this utility and set the desired percentage for closing all trades on the account. The utility has the following function
Riskless Pyramid
Snapdragon Systems Ltd
5 (1)
Introduction This powerful MT4 trade mangement EA offers a way potentially to aggressively multiply trade profits in a riskfree manner. Once a trade has been entered with a defined stoploss and take profit target then the EA will add three pyramid add-on trades in order to increase the overall level of profit. The user sets the total combined profit target to be gained if everything works out. This can be specified either as a multiple of the original trade profit or as a total dollar amount. Fo
Candlestick Pattern Scanner is a multi-timeframe and multi-symbol dashboard and alert system that checks all timeframes and currency pairs for different candlestick patterns that are formed in them. Scanner is integrated with support and resistance zones so you can check the candlestick patterns in the most important areas of the chart to find breakout and reversal patterns in the price chart. Download demo version   (works on M30,D1,W1 timeframes and 20 symbols of Market Watch window) Read the
Bu ürün, haber saatlerinde tüm uzman danışmanları ve manüel grafikleri filtreler, böylece manüel ticaret kurulumlarınızı veya diğer uzman danışmanlar tarafından girilen işlemleri yok edebilecek ani fiyat dalgalanmaları konusunda endişelenmenize gerek kalmaz. Bu ürün, herhangi bir haber yayınlanmadan önce açık pozisyonlarınızı ve bekleyen emirlerinizi yönetebilen tam bir sipariş yönetim sistemi ile birlikte gelir. The News Filter'ı satın aldığınızda, gelecekteki uzman danışmanlar için yerleşik ha
Anında gün ve hafta bazında kapalı işlem geçmişinizi, mevcut açık işlemlerinizi ve döviz maruziyetinizi tek bir grafikte görün! Karlı işlemleri ve mevcut düşüşünüzün işlem portföyünüzde nerede olduğunu belirlemek için ısı haritasını kullanın. Hızlı Kapatma Düğmeleri Hızlı kapatma düğmelerini kullanarak tek bir semboldeki her işlemi kapatın, tek tek işlemleri tamamen kapatın veya bir düğmeye tıklayarak kısmi kar veya zarar elde edin. Artık bir listede işlem aramanıza ve işlemlerinizin bir kısmı
Простая в управлении Торговая панель обеспечит безопасную торговлю. Вычислит объём сделки от заданного уровня Stop Loss и величины убытка. Поможет рассчитать сейф, и в ноль закрыть неверную сделку. Интуитивно понятный интерфейс делает панель удобной в управлении, освобождая внимание трейдера для принятия решения о входе в сделку. Программа сделает все расчёты за вас. Поэтому работа с помощью панели Снайпер - оптимальное решение для торговли с соблюдением Мани-менеджмента. А это главный ключ к по
Trade Copier Global: The name speaks for itself. This copier allows you to copy orders between MT4 terminals even if they are not installed on the same computer. Features Copying trades between MT4 terminals around the world with a short delay. Automatically recognizes symbol prefixes. Can connect many Slaves to the same Master. Supports pending and market orders. Supports partial order close (with limitations, see below) Can send messages and notifications to the Slaves from the Master Several
Prop Guardian Risk Manager MT4 – Drawdown, Risk & Hedge Protection for Prop Firm and Managed Accounts Prop Guardian Risk Manager is a professional risk-control utility for MetaTrader 4, designed for prop firm traders, money managers and anyone who wants strict account-level risk protection. It does not generate trading signals, strategy entries or trading decisions. Instead, it runs in the background, monitors your account risk and can automatically block new exposure, close managed trades or ac
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This is a fully functional evaluation version for working on "CADCHF". Full version - Risk Controller If there are active deals on the account when the robot is launched, then all of them except CADCHF will be closed! Risk controller is a tool allowing you to automatically control orders, losses and emotionally motivated actions. Main advantages Limitation of the total account loss. When the MinimalDepo value is reached, any trade will be closed. Limitation of losses per day. Limitation of los
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