This risk management tool for MetaTrader 4 and 5 calculates optimal lot sizes based on user-defined risk parameters, account balance, and currency. It provides a graphical user interface for setting entry, stop loss, and take profit levels visually on the chart. The expert advisor accounts for commissions, swaps, and m
Utility · MT4
EA Health Monitor
The EA Health Monitor displays a table tracking multiple Expert Advisors on the same MetaTrader account by magic number, along with a row for manual trades and an aggregate total.
GitHub stars1
Forks0
Last update5 days ago21 Oct 2026
LicenceCustom licence
Overview
EA Health Monitor reads account history and open positions to report closed trades, net results, win rates, profit factors, max drawdowns, today's results, open positions, and floating P/L. It never trades or enters positions itself and functions as a read-only utility. It supports MT4 and MT5 platforms with consistent statistics verified against a Python reference implementation. The monitor uses inputs for tag, seed, snapshot bars, and max open orders but includes no trading signals, risk controls, stop loss, take profit, or lot sizing.
- Multi-EA Magic Number Tracking
- Realized Drawdown Calculation
- Floating P/L Display
- Account History Reader
- Read Only Monitor
Details
Author
allanninal on GitHub
Type
Utility
Platform
MetaTrader 4 (MQL4)
Markets
Forex
Timeframes
Any timeframe
Risk Profile
No grid, martingale or hedging logic was found in its code or README. That says nothing about how it performs: backtest it first.
EA Files
Topics
drawdownexpert-advisor-monitorforexmetatrader4metatrader5mql4mql5trading-utility
Input Parameters
Read from HealthTrader.mq4. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
InpTag | string | eh | |
InpSeed | int | 1 | |
InpSnapBars | int | 400 | bars between snapshots |
InpMaxOpen | int | 12 | most open orders |
How to Install It
- 1Download the sourceUse "Download source (.zip)" above, or clone allanninal/ea-health-monitor from GitHub, and unzip it.
- 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts.
- 3Copy the filesCopy the .mq4 file into Experts, and any .mqh files into the Include folder the code expects.
- 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
- 5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.
Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.
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