Trading utilities for MetaTrader 5
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MetaTrader 5
Top Rated Products MT5
Overview
If you want to be successful in Trading you must be extremely disciplined. Without discipline you won't get far.
To help traders build and maintain discipline in the long run I have create the Risk Manager EA® that comes with two huge benefits:
1. Equity and Balance protection
2. Risk and Money Management automatic tracking rules
How?
The EA has 6 customizable Conditions that, if triggered, will use at least one of 3 available Actions. All the tracking activity is displayed
in a simple and eye-catching Dashboard in which you can easily check the following parameters:
1) Session Timer in HH:MM:SS format depending on the amount of time you want to pass in front of your screens
2) Max Daily Drawdown in % including broker's commissions Max Daily Profit in % excluding broker's commissions depeding on the Max Daily Drawdown input condition set
3) Max Daily Profit in % excluding broker's commissions Total Risk Exposure depending on the Max Daily Profit input condition set
4) Realized Daily Profit in % and € as the sum of all the profitable orders closed at that time above the initial Balance/Equity value
5) Realized Daily Loss in % and € as the sum of all losing orders closed at the time below the initial Balance/Equity value
6) Realized Locked Profit depending on the Balance Trailing condition
