This robot acts as a risk manager, helping your dealer with control their trading. In the preferences, you can set parameters below the risk manager will shut places, and, if necessary, forcibly shut the terminal so as to avoid launching new positions “on emotions” that do not correspond to the trading approach.

• check limitation to shut – assessing the limit on capital
• Limit to shut – the limit on funds, when attained, positions are shut
• Check afternoon limit to close – check the reduction limit for the day
• type of limit:limit type of limit
• SimpleLimit is a simple limit on the maximum drawdown for the day
• trailinglimit – pull-up limit (calculated from the maximum profit for the day)
• Day limit to lose – limit of losses for the day
• Check week limit to close – check the limit for losses per week
• Week limit to lose – limit of losses per week
• Check max profit per day limit-use the target for the day after which all trades are closed
• Profit day limit to close – the size of the profit after which the closing occurs
• Check max amount of day trades-check the maximum number of trades per day
• Max amount of day trades – maximum number of trades per day
• Check max losses per day-check the maximum number of losing trades per day
• Max amount of losses per day – the maximum number of losing trades per day
• Check max drawdown percentage per day-check the maximum drawdown size as a percentage for the day
• Max drawdown percentage per day – maximum drawdown size in percent for the day
• Check max losses in a row-check the maximum number of losing trades in a row
• Max amount of losses in a row – the maximum number of losing trades in a row
• Check only orders without Magic-count only orders opened without a magic number (used by other Expert Advisors)
• Check max opened orders amount-check the maximum possible number of open orders
• Max opened orders amount – the maximum possible number of open orders
• Anti Grid-enabling protection against adding to unprofitable positions
• Max orders in one direction of grid – the maximum allowed number of orders to add to unprofitable ones
• Count broker’s commission-take into account the broker’s commission
• Count Swaps – swaps to take into account in the calculations
• Close terminal after limit overrun – close the terminal after exceeding one of the points
• Turn on info display information about the settings of the risk Manager
• Close terminal immediately-instantly closing the terminal after checking all conditions, or closing with a minute delay
• Seconds before close – the number of seconds after which the terminal is closed in case of violation of the established rules

[spoiler title=”Read More…”]

• SimpleLimit is a simple limit on the maximum drawdown for the day
• trailinglimit – pull-up limit (calculated from the maximum profit for the day)

[/spoiler]