RiskManager_with_InfoPanel_and_Support
This EA is a risk management utility that monitors open positions and calculates risk metrics, displaying them on an info panel. It provides support functions such as trailing stops, breakeven adjustments, and partial close capabilities without generating its own trade signals.
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
Based on the filename, this EA is a risk management utility rather than an autonomous trading strategy. It does not open positions based on any technical indicators or signal logic. Entry conditions are not applicable since it does not initiate trades independently. Exit conditions are primarily implemented through trailing stops, breakeven adjustments, and partial close risk management features. Position sizing may include fixed-percentage or fixed-amount risk calculation to help traders control risk exposure per trade. Money management features likely include overall account risk monitoring, maximum drawdown limits, and position ratio display. The info panel probably shows key metrics such as account balance, equity, used margin, free margin, floating P&L, and risk ratios in real time.
Strengths
- Provides comprehensive risk management features to help traders control per-trade and overall account risk exposure
- Info panel displays key account metrics in real time, improving trading decision transparency
- Supports multiple exit management methods (trailing stop, breakeven, partial close) for flexible adaptation to different trading scenarios
Weaknesses
- As a utility EA it does not generate autonomous trade signals, relying entirely on manual or other EA entry decisions
- Lacks volatility filters (e.g., ATR-adaptive stops); fixed-pip stop parameters may be inflexible in varying market volatility
- Info panel may consume resources during frequent refreshes, potentially affecting trade server communication performance
Possible improvements
- Add ATR-adaptive trailing stop functionality so stop distances dynamically adjust based on market volatility
- Implement time-based risk management rules such as automatically tightening stops or prohibiting new positions before major news events
Risk assessment
Overall risk: Safe
- As a utility EA it does not execute autonomous trades, inherent risk is low
- If MagicNumber is set to 0 to manage all orders, it may inadvertently modify stop levels of positions opened by other EAs
Evaluation scores
Parameters
| Parameter | Default | Description |
|---|---|---|
RiskPercent | 2.0 | Risk percentage per trade |
TrailingStop | 30 | Trailing stop in points |
TrailingStep | 5 | Trailing stop step in points |
BreakEvenProfit | 10 | Profit points to trigger break even |
PartialClosePercent | 50 | Partial close percentage |
MaxDrawdownPercent | 20 | Maximum allowed drawdown percentage |
MaxOpenPositions | 5 | Maximum allowed open positions |
MagicNumber | 0 | EA identifier to distinguish orders |
PanelFontSize | 10 | Info panel font size |
PanelX | 10 | Panel X coordinate position |
PanelY | 30 | Panel Y coordinate position |
ShowPanel | true | Show info panel |
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Backtests are historical simulations and do not guarantee future results. Not financial advice.