Trading utilities for MetaTrader 4
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MetaTrader 4
Top Rated Products MT4
Overview
RISK CONTROL MANAGER
Now You can have the same control over risk management as big trading rooms, institutional investors and hedge funds.
Managing risk is a fundamental operation for your brokerage.
Choose your maximum desired risk exposure in percentage to Your account, set it on the RISK CONTROL MANAGER, the EA will check and make sure that You'll never exceed that.
When You ignore the trading risk, and you leave your operations open, that potentially could lead to catastrophic trade exposure.
RISK CONTROL MANAGER easily resolve trade exposure and control in real time the draw down and also the profit of your trading account.
How it works:
1) downoad the full version
2) go to EA folder of Yout METATRADER platform and put the RISK CONTROL MANAGER on any open asset graph
3) set You total stop loss acceptable percentage and take profit percentage
4) activate real time expert advisor trading on Your platform
5) the RISK MANAGER Ea will start working when you have zero trade open, at firs topen TRADE it will check Your performance and report an the window.
6) it will take account of every TRADE you open, on any asset; Forex, Commodities, Stocks, Indexes, even crypto.
7) when reached the STOP LOSS or TAKE PROFIT , the RISK CONTROL MANAGER will automatically close all open TRADES.
How to Use:
a) control Your account, never let losses run, accept losses, close trading and start again next day.
b) very usefull during prop firm challenges and real accounts
c) we suggest to put your acceptable max daily loss at 5% to 10% and your Take Profit at 10% to 15% in order to avoid repent price oscillations.
- DEMO only works on STRATEGY TESTER
- versions for METATRADER 4 and METATRADER 5
- 10 activation available per each license
- no time limit for re-download on your new pcs/laptops/workstations.
- Works on any account type and broker.
- Works with all times frames and currencies
- If You use it on different accounts on same platform, remeber whn You switch account by default AUTOTRADING goes OFF You have to manually put it ON again.
My website is: https://sfscalper.com
My twitter: https://twitter.com/SFscalper
My YOUTUBE Channel: https://www.youtube.com/c/SFSCALPER
