Risk management utility tool for Meta trader 4 platform. A simple yet prowerful tool to use together with expert advisors (EA) or in manual trading.
How to use:
Open up an additional chart, timeframe and symbol doesen't matter and load the utility on this chart. If you for example use input 20% partial close and 30% total close the risk manager begins a partial order closure when equity usage reach 20%. If a continuation and equity reaches 30% with excisting open orders a total closure of all open orders will be executed to protect account funds.
This utlity tool is NOT a CS-Robots brand and was originally developed by PointZero Trading and are distribiuted totally free without any limitations. Works on unlimited accounts and brokers