Risk Management 1.1

Metatrader (MT4) Indicator

  • Overview

    Monitoring the vital constants of your trading account has never been easier! The Risk Management indicator has been designed to keep your trading account healthy: it monitors all trades, absolute exposure and leverage used.

    • Amazingly easy to understand
    • The indicator is clean and simple
    • It calculates exposure by pairs and currencies
    • Keep your used leverage controlled at all times
    • Find out your currency exposure at a glance
    • Orange labels indicate caution
    • Red labels indicate danger

    Using too much leverage is the reason why most retail traders fail. Respect the following rules to keep your trading account healthy.

    • Keep your used leverage between 1:1 and 1:5
    • Never allocate more than 1:10 leverage on your account
    • Avoid trading more than 5-6 forex pairs at the same time
    • Avoid excessive exposure to a single currency

    Enhance your trading activity with the best and most complete risk management indicator. A must-have tool for serious traders!

  • ? FAQ
    My trading account has 1:100 leverage, how can I keep it at 1:10?
    Most brokers offer up to 1:400 leverage, but this should not be confused with the leverage you actually decide to allocate. Leverage is the ratio between your equity and the total market exposure of your trades. The more leverage you use, the smaller the market movement needed to decimate all your investing capital.
    How should I use the currency exposure table?
    It should be used to avoid over-exposure to any given currency. For example, if you already have too much long exposure to the EURO, it is wise to look for charts where to short the EURO, or at least stop trading it and focus on other currencies. If you don't and the EURO suddenly moves against your deals, you could be facing an unexpected big drawdown.
    When are the caution and alert labels displayed?
    The caution label is displayed when your drawdown reaches 10% or your used leverage goes above 1:5. The danger label is displayed when your drawdown reaches 20% or your leverage used reaches 1:10. If you see a red or orange label on the indicator, do not open new trades and try to close existing ones.

Screenshots

Risk Management  Indicator for Metatrader
Risk Management  Indicator for Metatrader
Risk Management  Indicator for Metatrader