EA-56126 · Utility

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

CategoryUtility
RiskSafe
Rating★★★☆☆
TypeUtility tool
TimeframesM1, M5, M15, H1, H4, D1
IndicatorsAccount Equity, Margin Level, Drawdown
Author"

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

Code quality3.0
Strategy logic3.0
Risk management4.0
Robustness3.0
Innovation2.0
Documentation2.0
Overall2.8

Parameters

ParameterDefaultDescription
MaxRiskPercent2Maximum risk percentage per trade
MaxTotalRisk10Maximum account total risk exposure percentage
MaxDrawdownPercent20Maximum allowed drawdown percentage
AlertOnRiskLimittrueAlert when risk limit reached
PanelFontSize10Info panel font size
PanelColor clrWhiteInfo panel text color
SupportTrailingStoptrueEnable trailing stop support
AutoCloseOnMaxRiskfalseAuto close positions on max risk breach

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Backtests are historical simulations and do not guarantee future results. Not financial advice.

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