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 · MT5
Panel for Meta5
Panel for Meta5 is a trade management and risk calculation utility for MetaTrader 5.
GitHub stars3
Forks0
Last update13 days ago17 Oct 2026
LicenceNone stated
Overview
Panel for Meta5 automates position sizing by calculating lot sizes based on a user-defined account risk percentage, stop loss distance, and risk-to-reward ratio. The expert advisor displays visual lines and an interactive interface directly on the chart, allowing traders to configure buy and sell parameters. It includes order validation features such as maximum lot caps, slippage controls, and strict lot step rounding to help maintain risk parameters before executing trades.
- Risk-based lot size calculation
- Interactive on-chart visual panel
- Configurable risk to reward ratio
- Maximum lot size cap protection
- Slippage control and order validation
Details
Author
Royatvand on GitHub
Type
Platform
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
Input Parameters
Read from v3-panel.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
RiskPercent | double | 1.0 | درصد ریسک از بالانس |
StopDistance | int | 0 | فاصله از سایه کندل (پیپ) - 0 = دقیقا پشت سایه |
MaxLotCap | double | 0.0 | سقف حجم (0 = غیرفعال) - محافظ در برابر کندل خیلی کوچک |
RewardRatio | double | 4.0 | نسبت ریوارد به ریسک |
Slippage | int | 10 | اسلیپیج |
BuyColor | color | clrDodgerBlue | رنگ خطوط خرید |
SellColor | color | clrTomato | رنگ خطوط فروش |
ShowLinesOnChart | bool | true | نمایش خطوط روی چارت |
PanelX | int | 10 | فاصله پنل از چپ (پیکسل) |
PanelY | int | 10 | فاصله پنل از بالا (پیکسل) |
How to Install It
- 1Download the sourceUse "Download source (.zip)" above, or clone Royatvand/panel-for-meat5 from GitHub, and unzip it.
- 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
- 3Copy the filesCopy the .mq5 file into Experts.
- 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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