Risk Manage Panel (MetaTrader expert advisor) calculates how many lots to trade based on:
- Entry and stop-loss levels
- Risk tolerance
- Account size (balance, equity, or even your savings account)
- Account currency
- Currency exchange rates
Its main features include:
- Works with any trading instruments — currency pairs, CFDs, equities, indices, commodities, futures, cryptocurrencies.
- Calculation inputs and results are displayed in a graphical panel.
- The panel can be moved freely across the chart.
- You can easily close or minimize it.
- All calculation parameters can be adjusted inside the panel in one or two mouse clicks.
- Entry, stop-loss, and take-profit lines can be dragged directly on the chart.
- You can choose to set stop-loss and take-profit as distance in points.
- Alternatively, you can set them as multiples of ATR (Average True Range).
- If a take-profit is given, the calculator shows the potential reward level and the risk-to-reward ratio.
- Supports pending and instant orders (easy switching).
- You can even calculate risk based on a given position size.
- You can see current and potential risk and reward profile.
- Information about required margin is available in a separate tab.
- The expert advisor can show the maximum position size based on available margin.
- You can enter a custom leverage to calculate position margin based on it.
- Detailed swaps (rollover interest) information is available in a separate tab.
- Optional spread display.
- Optional display of the point value for the calculated position size.
- The EA automatically saves and loads its inputs on timeframe change or platform restart, preserving your configuration efforts.
- Custom profiles restore panel's location, status, and settings.
Does not require any DLL imports. Allows opening positions based on the calculations. The calculated position can be divided into several trades with different take-profit levels. Supports stop limit orders in MetaTrader 5.A dark mode option for less strain on your eyes.