Set account guardrails, money at risk, stop distance, suggested lot size, reward-to-risk and a daily loss limit.
Free Risk Management Cockpit
Plan the risk before MT5 takes the trade.
A practical Excel cockpit for position sizing, portfolio exposure and pre-activation checks. No payment and no membership required.
PositionSize the trade
PortfolioMap total exposure
ProcessPlan each setup
SafetyCheck before activation
Inside the workbook
Four controls. One calmer decision process.
The workbook does not choose trades or promise outcomes. It gives you a repeatable way to define risk before automated trading begins.
Compare up to five strategies by allocation, trading style, simultaneous-trade assumptions and planned risk contribution.
Build reusable trade rows and calculate a suggested position size only after the symbol and stop distance are entered.
Confirm the MT5 account, broker symbol, Algo Trading status, exposure, event risk, connection and emergency-pause plan.
Three-step workflow
Use it before you switch Algo Trading on.
The sequence is deliberately short: define the limit, see the combined exposure, then complete the MT5 pre-flight.
Decide the maximum trade risk, daily loss and emergency-stop level first.
Check how several strategies can contribute risk at the same time.
Confirm the account, symbol, connection and pause procedure before activation.