RiskCalc
RiskCalc is a utility EA designed for risk calculation and position sizing in MetaTrader 5. It helps traders determine appropriate lot sizes based on account balance, risk percentage, and stop-loss distance, without placing any trades on its own. The tool serves as a money management assistant for manual trading decisions.
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
RiskCalc's core functionality is risk calculation and position sizing assistance rather than an automated trading strategy. It calculates suggested lot sizes based on user-defined risk percentage, stop-loss distance in points, and current account balance, ensuring each trade's risk stays within acceptable limits. Entry and exit conditions are not applicable since this utility does not execute any trades. For position sizing, it provides calculations based on a fixed percentage risk model, translating risk tolerance into concrete contract sizes. For money management, it supports both percentage-based and fixed-amount risk models, helping traders assess risk exposure before each trade. The tool's core value lies in front-loading risk management, enabling traders to know their potential loss amount before placing orders.
Strengths
- Front-loads risk management by clarifying risk exposure before trading
- Supports both percentage-based and fixed-amount risk calculation modes
- Simple and intuitive parameter settings that are easy to use and understand
Weaknesses
- Only provides calculation functionality without direct integration into trade execution workflow
- Lacks overall risk exposure assessment for simultaneous multi-instrument trading
- Does not account for the impact of spread and slippage on actual risk
Possible improvements
- Add multi-instrument portfolio risk exposure calculation capability
- Integrate optional auto-execution to close the loop from risk calculation to order placement
- Add dynamic stop-loss suggestion based on ATR
Risk assessment
Overall risk: Safe
- As a utility EA that does not execute trades, the risk is extremely low
- Calculation results depend on the accuracy of user-input parameters
Evaluation scores
Parameters
| Parameter | Default | Description |
|---|---|---|
RiskPercent | 1.0 | Risk per trade as balance percentage |
StopLossPips | 50 | Stop loss in points |
AccountLeverage | 100 | Account leverage |
RiskAmount | 0 | Fixed risk amount (0 = percentage mode) |
LotStep | 0.01 | Minimum lot size increment |
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Backtests are historical simulations and do not guarantee future results. Not financial advice.