Risk Management EA by Dr.Trade FX

Risk Management EA is a powerful and user-friendly Expert Advisor designed to help traders protect their capital, control risk, and trade with discipline. It acts as a smart safety system for your trading account, allowing you to trade confidently while the EA manages risk in the background.

🔐 Key Features & Specifications

✅ Advanced Risk Control

• Set maximum daily loss limit to automatically stop trading when reached

• Set daily profit target to lock in gains and avoid overtrading

• Prevent revenge trading by disabling trades after losses

• Control maximum risk per trade

📈 Profit & Trade Management

• Enable / disable Trailing Stop for active positions

• Automatically manage open trades to protect profits

• Reduce emotional trading and enforce discipline

🚫 Overtrading Protection

• Limits excessive trades per day

• Automatically blocks trading once risk rules are violated

• Works perfectly with manual trading or any EA

🖥️ Interactive On-Chart Dashboard

The EA includes a real-time dashboard displayed directly on the chart, showing:

• 📌 Account Balance & Equity

• 📌 Daily Profit / Loss

• 📌 Daily Profit Target Status

• 📌 Daily Loss Limit Status

• 📌 Trailing Stop Status (ON / OFF)

• 📌 Trading Permission (Allowed / Blocked)

• 📌 Open Trades Count

This allows the trader to monitor all risk metrics at a glance without opening additional windows.

⚙️ How It Works

• Attach the EA to any chart

• Set your daily profit and loss limits

• Enable trailing stop if desired

• Trade normally (manual or automated)

• The EA monitors, controls, and protects your account automatically

🛠️ Compatibility

• Platform: MetaTrader 5 (MT5)

• Works with all symbols and timeframes

• Compatible with manual trading and all Expert Advisors

⚠️ Risk Disclaimer

Trading Forex and CFDs involves significant risk and may not be suitable for all investors. Past performance does not guarantee future results. This EA is a risk management tool and does not guarantee profits.

📩 Support & Contact

For setup assistance, updates, or technical support:
📧 support@drtradefx.com
📢 Telegram Group: https://t.me/Dr_tradefx