RiskManager with InfoPanel and Support
This EA is a risk management utility with an informational panel that monitors account risk metrics and provides support functionality. It does not open trades on its own but rather assists traders in managing exposure, tracking drawdown, and visualizing key account statistics through an on-chart info panel.
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
This EA functions as a risk management utility rather than a trading strategy, with its core purpose being real-time monitoring of account risk exposure and capital status. Entry conditions are not applicable since the EA does not open trades on its own; it passively tracks risk metrics on existing positions such as margin usage, floating P&L, and maximum drawdown. Exit conditions are similarly not applicable, though it may provide support features like one-click close or stop-loss adjustment assistance. For position sizing, it likely suggests lot sizes or issues warnings based on pre-configured risk parameters such as maximum risk per trade or total exposure limits. Money management is its central function, calculating per-trade risk percentages, total exposure ratios, and account equity changes to help traders maintain control over overall risk. The info panel visualizes all critical data, enabling traders to make quick risk management decisions at a glance.
Strengths
- Provides comprehensive risk monitoring and a visual info panel to help traders understand account status in real-time
- Customizable risk parameters such as max risk percentage and drawdown limits offer high flexibility
- Support features like trailing stop assistance and risk limit alerts enhance trading discipline
Weaknesses
- As a utility EA, it cannot automatically execute trading strategies and relies on the trader's manual operations
- The info panel may occupy significant chart space, potentially interfering with the visual experience of other indicators or trades
- Lacks advanced risk analysis features such as correlation risk or cross-pair exposure calculation
Possible improvements
- Add cross-pair correlation analysis and aggregated exposure functionality to enhance risk management dimensions
- Support multi-account unified monitoring and cloud-based risk data synchronization for managing multiple trading accounts
Risk assessment
Overall risk: Safe
- The EA is purely a utility and does not trade automatically, so there is no direct trading risk
- If the auto-close on max risk feature is enabled, it may cause unexpected position closures during extreme market conditions
Evaluation scores
Parameters
| Parameter | Default | Description |
|---|---|---|
MaxRiskPercent | 2 | Maximum risk percentage per trade |
MaxTotalRisk | 10 | Maximum account total risk exposure percentage |
MaxDrawdownPercent | 20 | Maximum allowed drawdown percentage |
AlertOnRiskLimit | true | Alert when risk limit reached |
PanelFontSize | 10 | Info panel font size |
PanelColor | clrWhite | Info panel text color |
SupportTrailingStop | true | Enable trailing stop support |
AutoCloseOnMaxRisk | false | Auto close positions on max risk breach |
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Backtests are historical simulations and do not guarantee future results. Not financial advice.