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Order Risk Panel Pro MT5

Introduction to Order Risk Panel Pro EA

Order Risk Panel Pro EA is the professional version of the simple Order Risk Management EA. Order Risk Panel Pro EA incorporate three powerful features in one. The three powerful features include the visual trading & Risk Management, the Harmonic Volatility Line indicator and Trade Statistics Panel. For all these three features, you get the price of one. Firstly, Order Risk Panel Pro provides the highly efficient visual trading feature. You do not have to enter the number for order execution but you can visually spot your take profit and stop loss in your chart with automatic risk management. Secondly, Order Risk Panel Pro is the only product shipped with the powerful Harmonic Volatility Line indicator. You can use the Harmonic Volatility Line indicator for market forecasting, turning points prediction, supports and resistances. You can get edge for your trading either using the Harmonic Volatility Line indicator as the primary decision making tool or the secondary confirmation tool. Thirdly, you can access to professional trade statistics to measure your trading performance. This feature is very powerful to correct your bad trading habits and to improve your live trading performance. Order Risk Panel Pro provides the professional trade statistics in both summary and detailed reports so you can construct strong portfolio of many different instruments. Order Risk Panel Pro EA also provide the risk adjusted trading statistics like “Sharpe Ratio” used by many fund managers. Note that this trade statistics feature can be used for any style of trading and it is not limited to use for the Harmonic Volatility Line indicator only.


How to use

A. Visual Trading & Risk Management

You can use Order Risk Manger Pro EA for your daily trading operation. The logically built in Graphical User Interface can help you to efficiently send buy and sell market order with strictly controlled risk. You can execute stop, limit pending orders and even straddle setup for breakout or news trading with one button click. During order execution, you can confirm your take profit and stop loss visually and numerically. The visual take profit and stop loss confirmation is very powerful feature for your price action and pattern trading.

B. Harmonic Volatility Line indicator

Order Risk Panel Pro is shipped with the light version of Harmonic Volatility Indicator. The Harmonic Volatility Line indicator is good alternative to Gann’s Angle because it does not suffer from the chart scaling Issue. At the same time, it provides the functionality similar to Gann’s angle. Trader can apply The Harmonic Volatility Line indicator to anywhere in your chart just like applying Gann’s Angle. Harmonic Volatility Line indicator can be used for three different purpose including market forecasting, turning point prediction, supports and resistances. The way you apply Harmonic Volatility Line indicator is very similar to applying Gann's angle or typical Fibonacci Retracement tool in your chart.

C. Professional Performance Measurement tool

Order Risk Manger Pro offer the professional trade statistics to measure your trading performance. We recommend using this at least once a month to measure your trading performance. You have access to both summary statistics and detailed statistics. One of the best feature is that you can calculate the trade statistics for any selected symbol instantaneously with one button click. This is very useful when you want to build your future trading plan or when you want to build strong portfolio trading various instruments at the same time. Order Risk Panel Pro EA provide detailed statistics including over 80 different trade statistics. It also include some statistics for commission and swap. With the risk free rate adjusted trade statistics, you can measure the performance of your trading more accurately for real world trading environment and you can compare your trading performance in regards to many alternative investment options available.


Important Note

This product is the off the shelf product in the store. Therefore, we do not take any personal modification or personal customization request. For our products, we do not provide any code library or any support for your coding.



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Avoid overtrading, FOMO and compulsive behaviours, by imposing advanced risk limits to your trading account using EmoGuardian. Automatically add Stop Losses to positions, manage EAs losses , load/unload EAs automatically. Limit the risk per position, per trade, per Time Range, per day. The risk management options have been developed to specifically tackle emotions and compulsive behaviors that lead traders to blow their accounts.  Attention: this is a utility and as such it won't work on the str
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Introduction to Fractal Pattern Scanner Fractal Indicator refers to the technical indicator that makes use of the fractal geometry found in the financial market. Fractal Pattern Scanner is the advanced Fractal Indicator that brings the latest trading technology after the extensive research and development work in the fractal geometry in the financial market. The most important feature in Fractal Pattern Scanner is the ability to measure the turning point probability as well as the trend probabil
Ace Supply Demand Zone Indicator The concept of supply demand relies on the quantity mismatching between buying and selling volumes in the financial market. Supply and demand zone can provide the good entry and exit. A zone is easier to trade than a line. The supply demand zone can provide the detailed trading plan and the risk management. Its ability to predict market direction is high. There are two distinctive points about Ace Supply Demand Zone Indicator. Ace Supply Demand Zone indicator was
How to use Pair Trading Station Pair Trading Station is recommended for H1 time frame and you can use it for any currency pairs. To generate buy and sell signal, follow few steps below to apply Pair Trading Station to your MetaTrader terminal. When you load Pair Trading Station on your chart, Pair Trading station will assess available historical data in your MetaTrader platforms for each currency pair. On your chart, the amount of historical data available will be displayed for each currency pai
Introduction to X3 Chart Pattern Scanner X3 Cherart Pattern Scanner is the non-repainting and non-lagging indicator detecting X3 chart patterns including Harmonic pattern, Elliott Wave pattern, X3 patterns, and Japanese Candlestick patterns. Historical patterns match with signal patterns. Hence, you can readily develop the solid trading strategy in your chart. More importantly, this superb pattern scanner can detect the optimal pattern of its kind. In addition, you can switch on and off individu
How to use Pair Trading Station Pair Trading Station is recommended for H1 time frame and you can use it for any currency pairs. To generate buy and sell signal, follow few steps below to apply Pair Trading Station to your MetaTrader terminal. When you load Pair Trading Station on your chart, Pair Trading station will assess available historical data in your MetaTrader platforms for each currency pair. On your chart, the amount of historical data available will be displayed for each currency pai
Introduction to Sideways Market Analyzer Notable period of Low volatility and non-trending movements in the financial market is considered as Sideways Market. Sooner or later, the low volatility will increase and the price will pick up a trend after Sideways Market. In terms of trading point of view, Sideways Market can serve as the very good entry timing for traders. Sideways Market is also quite often the representation of accumulation of large orders from big investors. Therefore, knowing the
Introduction Harmonic Patterns are best used to predict potential turning point. Traditionally, Harmonic Pattern was identified manually connecting peaks and troughs points in the chart. Manual harmonic pattern detection is painfully tedious and not suitable for everyone. You are often exposed under subjective pattern identification with manual pattern detection. To avoid these limitations, Harmonic Pattern Plus was designed to automate your harmonic pattern detection process. The functionality
Peak Trough Analysis is the great tool to detect peaks and troughs in your chart. Peak Trough Analysis tool can use three different peaks and troughs detection algorithm. The three algorithm include the orignal Fractals Indicator by Bill Williams, the Modified Fractals indicator and ZigZag indicator. You can use this peak and trough analysis tool to detect the price pattern made up from Equilibrium Fractal-Wave process. For further usage, there are good guide line on how to use this peak trough
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Introduction to Double Harmonic Volatility Indicator Use of the Fibonacci analysis for financial trading can nearly go back to 85 years from today since the birth of Elliott Wave Theory by R. N. Elliott. Until now, traders use the Fibonacci analysis to identify the patterns in the price series. Yet, we could not find any one attempted to use Fibonacci analysis for the Volatility. Harmonic Volatility Indicator was the first technical analysis applying the Fibonacci analysis to the financial Volat
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Introduction This indicator detects volume spread patterns for buy and sell opportunity. The patterns include demand and supply patterns. You might use each pattern for trading. However, these patterns are best used to detect the demand zone (=accumulation area) and supply zone (=distribution area). Demand pattern indicates generally potential buying opportunity. Supply pattern indicates generally potential selling opportunity. These are the underlying patterns rather than direct price action. T
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Introduction to Fractal Moving Average Fractal Moving Average indicator was designed as part of Fractal Pattern Scanner. Inside Fractal Pattern Scanner, Fractal Moving Average Indicator was implemented as multiple of chart objects. With over thousands of chart object, we find that it was not the best and efficient ways to operate the indicator. It was computationally too heavy for the indicator. Hence, we decide to implement the indicator version of Fractal Moving Average indicator to benefit ou
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Peak Trough Analysis is the great tool to detect peaks and troughs in your chart. Peak Trough Analysis tool can use three different peaks and troughs detection algorithm. The three algorithm include the orignal Fractals Indicator by Bill Williams, the Modified Fractals indicator and ZigZag indicator. You can use this peak and trough analysis tool to detect the price pattern made up from Equilibrium Fractal-Wave process. For further usage, there are good guide line on how to use this peak trough
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Ace Supply Demand Zone Indicator The concept of supply demand relies on the quantity mismatching between buying and selling volumes in the financial market. Supply and demand zone can provide the good entry and exit. A zone is easier to trade than a line. The supply demand zone can provide the detailed trading plan and the risk management. Its ability to predict market direction is high. There are two distinctive points about Ace Supply Demand Zone Indicator. Ace Supply Demand Zone indicator was
Mean Reversion Supply Demand Indicator Mean Reversion Supply Demand is the indicator to detect the important supply demand zone in your chart. The concept of supply demand trading relies on the quantity mismatching between buying and selling volumes in the financial market. Typically, supply demand zone serves to predict the turning point. The wave pattern, for any supply demand zone to work as an successful trade, looks like the price must touch the base zone, move away and then return to zone
Introduction This indicator detects volume spread patterns for buy and sell opportunity. The patterns include demand and supply patterns. You might use each pattern for trading. However, these patterns are best used to detect the demand zone (=accumulation area) and supply zone (=distribution area). Demand pattern indicates generally potential buying opportunity. Supply pattern indicates generally potential selling opportunity. These are the underlying patterns rather than direct price action. T
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Introduction To Time Box Indicator Time Box Indicator is a must have indicator for any trader. It will display daily, weekly and Monthly box according to your preferences. Yet, you can extend any important price levels in your chart automatically. You can use them as the significant support and resistance levels. It is very simple but effective tool for your trading. Graphic Setting Use White Chart Line Style for Current Open price Daily Setting Update Timeframe for daily box Number of days
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Introduction Harmonic Patterns are best used to predict potential turning point. Traditionally, Harmonic Pattern was identified manually connecting peaks and troughs points in the chart. Manual harmonic pattern detection is painfully tedious and not suitable for everyone. You are often exposed under subjective pattern identification with manual pattern detection. To avoid these limitations, Harmonic Pattern Plus was designed to automate your harmonic pattern detection process. The functionality
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Introduction to Order Risk Management EA ORM EA is specially designed for fast and accurate market order execution to be used with our Price Action and Econometric Trading strategies listed below. ORM EA is fully automatic and ORM EA is also very easy to use. ORM EA is totally free of charge. You can also use this robust order execution feature of this ORM EA for any other your own trading strategy. Trading Strategy Guide Order Risk Management EA provides the guide for the risk management for
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Introduction to Fractal Moving Average Fractal Moving Average indicator was designed as part of Fractal Pattern Scanner. Inside Fractal Pattern Scanner, Fractal Moving Average Indicator was implemented as multiple of chart objects. With over thousands of chart object, we find that it was not the best and efficient ways to operate the indicator. It was computationally too heavy for the indicator. Hence, we decide to implement the indicator version of Fractal Moving Average indicator to benefit
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Introduction to Order Risk Management EA ORM EA is specially designed for fast and accurate market order execution to be used with our Price Action and Econometric Trading strategies listed below. ORM EA is fully automatic and ORM EA is also very easy to use. ORM EA is totally free of charge. You can also use this robust order execution feature of this ORM EA for any other your own trading strategy. Trading Strategy Guide Order Risk Management EA provides the guide for the risk management for
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Version 3.9 2021.12.02
In version 3.9, we made some minor improvement over the Order Risk Panel Pro. Perform the excellent risk management with visual trading style + volatility prediction for your Forex trading.
Version 3.8 2017.05.17
In version 3.8, Harmonic Volatility Line (HVL) Indicator was added to improve the risk management for trader. Also trader can visually set buy stop and sell stop orders in fully automatic manner.