Smart Prop Risk Manager

Smart Risk Manager Dashboard is a MetaTrader 5 indicator designed to assist traders with structured risk control and real-time account monitoring.
It provides a visual interface for managing position size, tracking losses and gains, and setting custom trading limits.

Key Features

• SL/TP Risk Calculator
  Displays estimated risk and reward directly on the chart using adjustable horizontal lines.

• Live Dashboard with Metrics
  Shows equity, balance, daily gain/loss, trade count, and other key values in real time.

• Drawdown Protection Mode
  Option to lock trading once pre-defined daily or overall loss thresholds are reached.

• Dynamic Lot Size Buttons
  Quick-select buttons for applying fixed risk percentages per trade. Lot size is calculated automatically from stop-loss distance and account balance.

• Configurable Alerts
  Warnings can be displayed when approaching risk thresholds or custom account conditions.

• Profit Outcome Simulator
  Tool for simulating potential trade outcomes based on user-defined win rate and risk-to-reward ratio.

• Session-Based Tracking
  Separate monitoring by trading sessions (Asia, London, New York) with flexible display options.

• Lightweight Panel GUI
  Customizable on-chart interface, designed for clarity and low resource use across different timeframes and instruments.

Indicator Inputs (Parameters)

• Drawdown Protection (ON/OFF) – enable or disable account protection features

• Daily Loss Limit (%) – set maximum daily drawdown threshold

• Account Loss Limit (%) – set overall account drawdown threshold

• Risk Buttons – configure percentage levels for position sizing

• Profit Simulator – toggle the outcome simulation panel

• Panel Corner – select panel placement on the chart

• Session Filters – define sessions for monitoring and display

• Alert Settings – configure notifications for risk thresholds

• SL/TP Lines – enable chart lines for visual risk calculation

Notes

• This is an indicator tool for analysis and monitoring only.

• It does not open, manage, or close trades automatically.

• No external DLLs or registration are required.

• Compatible with MetaTrader 5.