TPSpro Risk Manager
- Utilities
- Roman Podpora
- Version: 3.10
- Updated: 17 March 2023
- Activations: 10
TPSpro Risk Manager – is a unique system of professional risk control for traders of any level and any capital. Allows you to avoid losses in trading and serious mistakes in transactions.
TPSpro Risk Manager is a must have for risk management and is primarily used by scalpers and day traders, but is successfully used by traders of any trading style.
The panel has 3 columns, each of which contains useful information.
- The first column displays information about the account as of the beginning of the current month, that is, it shows the overall result in percentage and deposit currency.
- The second column displays the risk for the day specified in the settings.
- The third column displays the current account status.
If the specified risk per day is exceeded or the number of orders is exceeded, the Advisor closes all orders and does not allow new ones to be opened, thereby protecting the trader from "emotional trading".
"Risk Manager" allows you to control trading by the following parameters:- Daily loss limit
- Balance loss limit
- Limit on the number of transactions
- Limit on the number of transactions in one direction (net protection)
- Forced stop after a series of losing trades
- Trading lock for one day after two full losing days
- Keep the profit you made during the day
- See your trading statistics online
- Bring trading discipline into order and significantly increase profitability (get rid of "tilt" and "grid")
- View current funds including brokerage commission
In order for the Risk Manager to work at full capacity, it must be located on a remote VPS or in any other remote location where the trader cannot quickly get to in the event of an emotional outburst and interfere with the assistant’s work.
If you have open orders hanging in the plus, but one of the orders was closed by stop loss and the limitation on the maximum number of unprofitable orders was triggered, then the adviser will not touch the already open orders, but will not allow you to open new ones! The limitation on the maximum number of orders per day works similarly!
The effectiveness of this advisor has been personally tested by the author himself.
TPSpro Risk Manager is a Multicurrency Advisor. It should be placed once on one currency pair on one account!
The panel has flexible appearance settings, so everyone can choose the optimal colors, font size, etc.
The advisor has the following customizable parameters:
- Block #1 - Basic Advisor Settings
- Maximum SlopLoss - Maximum stop loss. When opening an order, RiskManager immediately sets the stop loss specified in this column
- Maximum orders in one direction - Maximum number of simultaneously open orders on one pair in one direction (on one pair) - protection from grids
- Maximum orders in day - Maximum number of orders per day
- Maximum orders closed by Stop Loss - Maximum number of orders closed in the minus (excluding commission and swap)
- Maximum daily risk (in %) - Maximum daily risk as a percentage of the deposit
- Block #2 - Appearance settings
- Show InfoPanel? - Show the information panel?
- Graph corner for attachment - Graph corner for panel attachment
- Color of the nonactive elements - Color of inactive (static) elements
- Color of the active elements - Color of the active elements
- Profit Color - Profit color
- Loss Color - Loss Color
- Color text - Text color
- Font - Font
- Font size - Font size
- Border - Responsible for displaying the panel frame
- Coordinate X - X coordinate of the panel
- Coordinate Y - Y coordinate of the panel
- Width of the panel - Width of the panel (in case the numbers do not fit in the fields)
For all questions, please contact either via private messages or in the advisor's discussions.
The robot works like creator describes. I am happy with it. it safes my money