The “RiskMonitorEAFree” Expert Advisor is a trading and analytical risk controller (the size of a potential loss).

The current version of the Expert Advisor works in the netting system.

This Expert Advisor is a partially limited version of the “RiskMonitorEA”Expert Advisor. The limitations are that:

The Expert Advisor consists of two blocks.

The first is represented by the information and analytical part, which displays information on the potential losses of all open positions.

Information about risks is displayed in a separate Panel. When calculating the risk, the deposit currency is taken into account.

• The first column “Symbol” lists the instruments with open positions.
• The second column “Risk” shows the level of risk in absolute and relative sizes (a share of the balance).
• In the third column “Post Balance” – the value of the balance, if the position is closed at a loss.
• At the bottom of the line “Risk Total” shows the level of gross risk in absolute and relative sizes (a share of the balance). 

The values in the “Risk” column can be displayed in different colors. The color depends on how the size of the foot corresponds to the norm. Detailed
information is given in the User Parameters Table.

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The second block consists of trading functions that are used to fully or partially close positions with losses exceeding the specified
amount (% of the balance).

User parameters are divided into 4 groups:

• Risk Control
• General
• Panel
• Risk colors

The “Risk Control” group includes those parameters that are associated with active control of the risk level. 

The “General” group includes those parameters that are associated with trading actions. They will be involved if, first, the trade
the block is included in the previous group, and, secondly, if the acceptable risk level was exceeded, which led to the closure of part or all
of the position volume.

The “Panel” group describes the parameters that are associated with the operation of the Risk Information Display Panel.

The “Risk colors” group describes the parameters that set the colors for different risk groups. 

 Note: The EA will only work in real trading mode (release).

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