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RiskControl

Risk Control’ Expert Advisor

‘Risk Control’ is an advanced position manager for MetaTrader 5, which automates the process of partial closing of positions based on specified risk parameters and return to risk (RR) ratio. The Expert Advisor helps traders to effectively manage open positions, minimise risks and maximise potential profits.

Main features:
- Automatic partial closing of positions based on set parameters;
- Flexible adjustment of risk level and return to risk (RR) ratio;
- Intuitive user interface for easy parameter setting;
- Possibility to hide/display the Expert Advisor panel with one click;
- Visual display of partial close levels on the chart;
- Visual display of spread levels and its consideration when entering a position.

More detailed instructions:
https://maks-haven.notion.site/Trade-Manager-for-Metatrader-5-c43cd84a0a174f23ac3829110b255110

Hotkeys for the programme operation:
‘1’ - Setting virtual entry level (open price). The line is placed where the cursor is located when the key is pressed.
‘2’ - Setting the virtual level of stop loss
‘3’ - Setting virtual take profit level (take profit).
‘Space’ (space) - sending a trade order to the server according to the virtual lines set beforehand.
‘Esc’ - Cancels the action and deletes all virtual lines from the chart

‘5’ - Builds the “total profit” line with 2 buttons. The buttons set stop loss or take profit levels for all currently open positions along this line. In addition, the window of buttons shows the potential profit or loss at the price level where the ‘total profit’ line is located.


Help of the Expert Advisor with partial closing of positions:
‘Risk Control’ monitors open positions and automatically performs partial closing based on the set risk parameters and profit to risk ratio (RR). When the current profit reaches a certain RR level relative to the initial risk, the Expert Advisor closes part of the position, protecting the profit made and reducing the overall risk. Partial close levels are displayed on the chart using horizontal lines and labels indicating the corresponding RR values and closing percentage. 
The user cannot move or change the partial close level after entering a position. This is to reduce the number of decisions a trader makes already after entering a position and also to help in achieving systematicity.

Settings and Parameters:
- Risk per trade in per cent of balance;
- Risk per trade in fixed lots or deposit currency (in future versions of the programme);
- Standard RR multiplier for positions;
- RR multiplier for partial closing;
- Percentage of position volume for partial closing;
- Panel and partial close lines display settings;
- Magic Number of the Expert Advisor (technical parameter, necessary if there is a conflict with other Expert Advisors).

Attention! In this version, all EA parameters (risk percentage, partial fixing, etc.) are set in the EA properties in the ‘Input parameters’ window (see screenshot).

Notes:
- When setting the entry level (open price) below the market price, the Buy Limit mode is automatically activated, above the market price - Buy Stop. Similarly for short positions.
- When setting only Stop Loss level, the entry price (open price) is automatically linked to the ASK or BID price depending on the direction of the position and the BUY/SELL MARKET mode is set.
- Take profit (take profit) is automatically set to multiplier R according to the parameters in the settings of the Expert Advisor (if desired, you can set your own level of take profit with the button ‘3’).
- The Expert Advisor automatically monitors the spread level in real time and places orders according to it, the corresponding dashed lines are shown on the chart.
- The Expert Advisor under each virtual line of stop loss and take profit shows the potential profit or loss in the deposit currency, as well as the distance in pips. 
- All information on the Type Order, lot, potential profits or losses, as well as the current R multiplier are duplicated in the information panel at the bottom of the chart.
- The user-defined value of the standard multiplier R and the risk percentage of the account balance are shown in the lower right corner of the Expert Advisor panel. These settings in the current version are set in the Expert Advisor settings in the ‘Input parameters’ window.

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KT Equity Protector EA consistently monitors the account equity and closes all the market and pending orders once the account equity reached a fixed equity stop loss or profit target.  After closing all trading positions, the EA can close all open charts to stop other expert advisors from opening more trading positions. Equity Stop-Loss If your current account balance is $5000 and you set an equity stop loss at $500. In this case, the KT Equity Protector will close all the active and pending
The MT5 to Discord Signal Provider is a user-friendly, fully customizable utility designed for sending trading signals directly to Discord. This tool transforms your trading account into an efficient signal provider. Customize message formats to suit your style! For ease of use, select from pre-designed templates and choose which message elements to include or exclude. [ Demo ] [ Manual ] [ MT4 Version ] [ Telegram Version ] Setup Follow our detailed user guide for easy setup. No prior knowled
Didi Alert Needle Detector
Alexandre Tadeu Molina
5 (7)
DIDI Alert - ATM Systems Needle Detector Are you looking for a tool to help you seize the best trading opportunities in the financial market? Then you need to know DIDI Alert - ATM Systems Needle Detector, the only utility on the market that uses the powerful trading strategy of Didi Aguiar's Needle Setup through the DIDI INDEX, packed with numerous features. No other PROGRAM dedicated to this strategy is as complete, functional, and practical! It detects Needles, Trends, and Bollinger Band
Ultimate Trailing Stop EA MT5
BLAKE STEVEN RODGER
4.5 (6)
This EA Utility allows you to manage (with advanced filtering) unlimited open orders (manual or EA) with 16 trailing stop methods: fixed, percent, ATR Exit, Chandelier Exit, Moving Average, Candle High Low Exit, Bollinger Bands, Parabolic, Envelope, Fractal, Ichimoku Kijun-Sen, Alligator, Exit After X Minutes or Bars, RSI and Stochastic. The trailing stop can be either real or virtual, and you can exit fully or with a partial close percent on touch or bar close.  Moreover, you can add (overri
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Find FVG
Maksim Tarutin
The Fair Value Gap (FVG) indicator is designed to help traders identify price imbalances in the market. It automatically identifies and visualizes areas where the price deviates significantly from its fair value, which can indicate potential trading opportunities. Automatic FVG detection: The indicator automatically finds and marks areas on the chart where price leaves “gaps” between candles, indicating possible market imbalances.
FREE
Market Structure Indicator helps traders identify swing points and structure breaks on any timeframe. The indicator marks Higher Highs (HH), Lower Highs (LH), Higher Lows (HL), and Lower Lows (LL), while also highlighting Break of Structure (BOS) levels. Features include: Customizable swing length for pivot detection Option to confirm breakouts by candle close or price Adjustable visual settings for lines and labels Clear marking of market structure changes
FREE
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my1000trades
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my1000trades 2024.10.17 08:41 
 

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Maksim Tarutin
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Reply from developer Maksim Tarutin 2024.10.17 08:43
Thank you.
If you have any suggestions for improvement please let me know.
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