Risk Management checker EA

Alexter

Active Trader
Jul 3, 2018
28
16
39
Hi,

I post here a small EA I made for my own use but that I think can have use for other traders.

This EA is meant to remind you and help you keep your risk limits as well of stay outside of certain market conditions (News, weekends)

Feedback and suggestions are appreciated. Also if anyone can help in making some of the calculatins more accurate and consistent it would be greatly appreciated.


I made a quick docummentation for the EA that i also add here.
 

Attachments

  • Risk Management Checker.ex4
    26.9 KB · Views: 15
  • Risk Management Checker Docummentation.pdf
    258.8 KB · Views: 22
  • 👍
Reactions: Enivid

Alexter

Active Trader
Jul 3, 2018
28
16
39
Sorry, I thought I had attached both.

I attach the mq4 here as well for anyione who wants to check the code
 

Attachments

  • Risk Management Checker.ex4
    26.9 KB · Views: 5
  • Risk Management Checker.mq4
    28.6 KB · Views: 9
  • 👍
Reactions: matfx

Alexter

Active Trader
Jul 3, 2018
28
16
39
I made some changes and updates the EA to version 2.25.
Basically now you can choose to separate the notifications from the close orders for events.

I changed some notifications to be more direct.

I added also the possibility to get notifications based on loss $ as well as loss %. This could give people the flexibility to choose the model they want or both.
 

Attachments

  • Risk Management Checker.ex4
    29.2 KB · Views: 4
  • Risk Management Checker.mq4
    32.4 KB · Views: 8
  • 👍
Reactions: matfx and Enivid

Alexter

Active Trader
Jul 3, 2018
28
16
39
Use this version instead of the one above.

There was a small error which meant that when the time of an event happens you will get bombarded with notifications.
 

Attachments

  • Risk Management Checker.ex4
    30.1 KB · Views: 15
  • Risk Management Checker.mq4
    32.5 KB · Views: 22
  • Risk Management Checker Docummentation.pdf
    271.8 KB · Views: 26
  • 👍
Reactions: matfx and jagg