Concurent Risk Management
EA Utility Tool: Risk Consistency Manager
The Risk Consistency Manager EA is a simple yet powerful tool that automates risk management across multiple open positions. It dynamically adjusts stop-loss levels to distribute a predefined total risk value (e.g., $10,000) evenly among all active trades.
Key Features:
- Dynamic Risk Distribution: Automatically allocates an equal share of risk to each position (e.g. with total risk capital of $10,000, its will be distribute each trade with $3,333.33 risk and update the stoploss price).
- Real-Time Stop-Loss Updates: Continuously adjusts stop-loss levels as positions are added or closed.
- Works With All Trades: Compatible with manual or EA-managed positions.
Example:
- Total Risk: $10,000
- Open Positions: 3 trades
- Risk Per Position: $3,333.33 (stop-loss adjusted accordingly).
Benefits:
- Consistent Risk Control: Prevents overexposure by distributing risk equally.
- Saves Time: Automates stop-loss adjustments for all trades.
- Improves Discipline: Keeps trades aligned with your risk plan.
This tool is ideal for traders who prioritize disciplined, automated risk management. Simple, effective, and reliable!