Money Fixed Risk
Money Fixed Risk is a money management utility EA that calculates position size (lot) based on a fixed risk percentage of the account balance and the stop-loss distance in pips. It does not open trades on its own; instead, it serves as a position sizing helper for traders who want to consistently risk a fixed monetary amount per trade.
Open the interactive view (equity curve, symbol switch)Key facts
Backtest results (H1, about 1 year)
Not backtested yet — this EA could not be converted automatically.
Strategy analysis
The core concept of this EA is fixed fractional money management, where each trade risks a fixed percentage of the account balance. Regarding entry conditions, this EA does not generate trading signals or execute any entries; it solely provides position sizing calculation functionality. Exit conditions are likewise not applicable since it does not manage open positions. Position sizing is its central feature: based on user-defined risk percentage, account balance, and stop-loss distance in pips, it automatically calculates the recommended lot size, ensuring that the potential loss per trade stays within predetermined limits. The money management approach uses the Fixed Fractional method, which is widely recognized as one of the most robust money management techniques, effectively preventing account depletion during consecutive losing streaks. Overall, this is a pure money management calculation tool designed to help traders achieve consistent risk control across all their trades.
Strengths
- Implements the fixed fractional money management method, widely recognized as one of the most robust risk control approaches
- Helps traders maintain consistent risk per trade, preventing emotional over-positioning
- Runs as an independent utility without interfering with the trading strategy's signal logic, ensuring high compatibility
Weaknesses
- Only provides position sizing calculation without stop-loss placement or order execution, relying on the trader's manual operation
- Does not account for spread and slippage impact on actual risk, causing potential deviation between calculated and actual loss
- Lacks risk adjustment for extreme market conditions such as gap events, where actual losses may exceed calculated values
Possible improvements
- Add dynamic compensation for spread and slippage in the calculation to make position sizing more reflective of real risk
- Add maximum lot size cap and minimum lot validation to prevent unreasonable positions from abnormal parameter inputs
Risk assessment
Overall risk: Safe
- As a pure calculation tool without trade execution, it carries no direct financial risk itself
- If traders blindly rely on calculated results while ignoring extreme market conditions, actual losses may exceed expectations
Evaluation scores
Parameters
| Parameter | Default | Description |
|---|---|---|
RiskPercent | 1.0 | Per-trade risk percentage based on account balance |
StopLossPips | 50 | Stop loss distance in pips, used for position sizing |
AccountBalanceType | 0 | Account balance type: 0=Balance, 1=Equity |
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Backtests are historical simulations and do not guarantee future results. Not financial advice.