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TPSpro Risk Manager

3.67

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
The Risk Manager system allows the trader to:
  • 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.


Reviews 4
Azabai
97
Azabai 2020.06.09 21:53 
 

The robot works like creator describes. I am happy with it. it safes my money

Angelo Assets Ltd
578
Deeyana Andjelovic 2016.01.11 21:49 
 

Very good

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Ultimate No Nonsense FX Backtester - You can Run Forward Test Simulation with this tool! Do Not Download the Demo Here, Please Read Below! Step by Step Manual Guide PDF for this backtester PDF List of Commands(Shortcuts) for this backtester Ultimate NNFX Backtester is a powerful utility tool that significantly reduces the length of backtesting process for NNFX followers.  As well as for Forex traders that operates their entries and exits at the close of a candle and manage the risk using A
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Roman Podpora
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A key element in trading is zones or levels from which decisions to buy or sell a trading instrument are made. Despite attempts by major players to conceal their presence in the market, they inevitably leave traces. Our task was to learn how to identify these traces and interpret them correctly. INSTRUCTIONS    RUS   -    ENG           R ecommended to use with an indicator   -   TPSpro  TREND PRO -  Version MT4 Main functions:: Displaying active zones for sellers and buyers! The indicator show
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Roman Podpora
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TPSpro RFI Levels
Roman Podpora
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This information indicator will be useful for those who always want to be aware of the current situation on the account. - More useful indicators The indicator displays data such as profit in points, percentage and currency, as well as the spread for the current pair and the time until the bar closes on the current timeframe. There are several options for placing the information line on the chart: - To the right of the price (runs behind the price); - As a comment (in the upper left corner
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Color Levels is a convenient tool for traders using a Trendline and a Rectangle in their technical analysis. It allows setting two empty rectangles, three filled ones, and two tredlines. The indicator parameters are very simple and divided into numbered blocks: The ones beginning with 1 and 2 - empty rectangle (frame) parameters; 3, 4, and 5 - filled rectangle parameters; 6 and 7 - trendline parameters. Simply click a desired object and it will appear in the upper left corner. Main Adjustable Pa
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TPSproDraW
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The TPSproDraW indicator allows to draw continuous zigzag lines on the chart. This handy tool will strike fancy of those traders who trade using technical analysis and need visual expression to forecast the price movement. A drawn continuous zigzag line can be removed as easily as it is drawn - just aim a mouse cursor to the zigzag line and press the Shift key. How it helps: The Z key - double press to enable the mode of drawing patterns, press one time to disable the mode, Esc - cancel drawn
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Terminal
Roman Podpora
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The Terminal indicator is a substitution for the standard Terminal tab. The indicator is displayed as a kind of table consisting of several elements: A row with column descriptions; Open orders; Summary information of open orders; Summary information of current day closed orders. The indicator settings: Graph corner for attachment - the corner of the chart where the table will be positioned Font - font type Fontsize - font size Text color - display settings Profit color - display settings Loss
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TPSpro Risk Manager Panel is a convenient tool for anyone who wants to keep track of the current account state. The panel is part of our risk management system, and is included into our more powerful product TPSpro Risk Manager . The panel has three columns containing useful information. The first column contains the information about the account state as of the beginning of the month, i.e. the overall result is shown as a percentage and in the deposit currency. The second column shows the daily
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TPSpro Screenshot is an indicator that screenshots the chart workspace and saves it to a folder you specify on your computer with a specified resolution and at a specified time interval. The following configurable parameters are available: Screenshot Width - Screenshot width Screenshot Height -Screenshot height The name of the folder for screenshots (by pressing "]") - The name of the folder for screenshots Rewritable File Name - Name of the file being rewritten Step in seconds for a photo - Ste
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This copier was originally developed for the professional order management of a team of traders and therefore, first of all, a risk manager was built into it. For simple operation, you need to configure the following settings: For the master! 1. Select the program type ''Program mode'' - master 2. Enter a new name for the ''Folder name'' folder, in which the EA will record information on working with orders. The name must be the same for both master and slave!!! 3. In the ''Feedback from
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Edeh12345
142
Edeh12345 2022.11.23 19:43 
 

User didn't leave any comment to the rating

Azabai
97
Azabai 2020.06.09 21:53 
 

The robot works like creator describes. I am happy with it. it safes my money

Johannes Petrus Berbee
370
Johannes Petrus Berbee 2020.05.17 12:28 
 

No feedback nor support from developer. Also it conflicts with other EAs because it overwrites SL. Ideally the features are optional. Could be better

Angelo Assets Ltd
578
Deeyana Andjelovic 2016.01.11 21:49 
 

Very good

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Version 3.10 2023.03.17
Updated for new build
Version 3.0 2020.03.31
Версия для нового 5 билда.
Version 2.0 2016.02.16
Fixed penalty time calculation