Risk Manager EA

Enforces daily loss limits, per-trade risk, and automatic break-even and trailing stops.

This Expert Advisor includes configurable risk controls and settings intended for structured demo testing before live deployment.

The EA waits for its primary setup, confirms volatility and session conditions, sizes the position from risk settings, and manages the trade according to the configured exit logic.

Risk-based position sizing
Spread and session filters
Break-even and trailing options
Daily loss protection

Risk per trade: 0.5–1%
Maximum daily loss: 2%
Start with default filters enabled

1. Copy the EA file into MQL4/Experts or MQL5/Experts.
2. Restart MetaTrader.
3. Enable algorithmic trading.
4. Attach the EA to the recommended chart and load settings.

Backtest data is provided for research only. Results vary by broker data, spread, execution, and settings.