Trading utilities for MetaTrader 5

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MetaTrader 5

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StableRisk Manager

stablerisk-manager-logo-200x200-2771
50 $38 $

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Information

Utilities
MetaTrader 5
Igor Chugay
1.0
5

Overview

StableRisk Manager is a utility designed for order control. Regardless of whether orders are opened manually or by other Expert Advisors, when the specified profit or loss percentage is reached, the EA will close all positions, delete pending orders (if needed), and automatically close chart windows — preventing other EAs from opening new trades.

This tool is especially useful for traders who trade with Expert Advisors or manually on several currency pairs simultaneously.

The advisor can be used as an additional stop loss or take profit mechanism — for a single position or for all open trades on your account. Both Profit_Percent and Loss_Percent can take positive or negative values.

  • Work – true = active, false = inactive.

  • Profit_Percent = 10 – percentage of total profit. When reached, all open orders will be closed. Can also take negative values, for example: if your deposit shows “–13%” (drawdown), you can set closing at “–9%”.

  • Loss_Percent = –10 – percentage of total loss. When reached, all open orders will be closed. Can also take positive values, for example: if your deposit shows “+9%” profit but you expect an unfavorable movement, you can set “7%” and when profit drops to 7%, the EA will close all orders.

  • DeleteStopLimitOrders = true/false – whether to delete (true) or keep (false) pending orders when closing trades.

  • CloseOrders = true/false – enables or disables the closing of all open orders.

  • CloseChart = true/false – enables or disables automatic chart window closing. (When the chart closes, the expert is unloaded.)

  • Slippage = 5 – maximum allowed slippage.

  • TimerSecond = 1 – how often (in seconds) to check for balance changes (used to reduce system resource consumption).

Important! The utility is an Expert Advisor, so automated trading must be enabled in your terminal for it to function properly.

Would you like to experience all its capabilities?
 


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