The primary risk management utility monitors account equity and balance, allowing users to set maximum loss thresholds in either percentage or fixed currency amounts. It can automatically block trading for a specified duration after a drawdown event occurs to prevent further losses. The repository also includes a session range breakout expert advisor. All tools include visual dashboards for account monitoring and support push notifications.
Drawdown protection by percentage or fixed currency amount
Configurable trading block duration after reaching loss limits
Real-time visual information panel for account health
Read from RiskMenager.mq5. Defaults are the author's; change them in the EA's Inputs tab.
Name
Type
Default
Description
MaxDrawdownPercent
double
5.0
Drawdown massimo in % del balance
MaxDrawdownAmount
double
500.0
Drawdown massimo in valuta account
UsePercentage
bool
true
Usa percentuale (true) o importo fisso (false)
BlockTradingHours
int
5
Ore di blocco trading dopo DD
SendNotifications
bool
true
Invia notifiche push/email
ShowPanel
bool
true
Mostra pannello informativo
PanelX
int
20
Posizione X pannello
PanelY
int
50
Posizione Y pannello
How to install it
1Download the sourceUse "Download source (.zip)" above, or clone grecoandre96/Trading-MT5Craft 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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