Risk Guard / MetaTrader 5
Risk Guard is an MT5 trading utility: a manual trade assistant, account protection tool and journal. It does not generate trading signals, and a risk rule is not a guaranteed loss cap. Free for the RoboXpert community.
Trade readyDrag SL → Lot size recalculates
Try it: drag the stop, target or entry. Demo account 10,000 USD, synthetic prices. Amounts are estimates and exclude fees and slippage.
$79 on MQL5 Free for our community.
Arrange your accessThe bigger position. The revenge entry. The session that should have ended an hour ago. Sound familiar?
“One more trade. I’ll make it back.”
Set entry limits and a pause when a symbol’s loss budget is reached. Give your next decision some breathing room.
“I’ll just increase the size this once.”
Calculate position size from your chosen risk and stop distance. See the exposure before sending the trade.
“I was supposed to stop for the day.”
Define an equity-loss threshold and account rules in advance. Keep protection running when the session gets emotional.
“Why do I keep ending up here?”
Review your calendar, activity and behaviour after losses. See what your own trading history can tell you.
The film
What a losing session sounds like from the inside, and where a rule can step in.
Inside Risk Guard
Entry, stop and target sit on the chart before anything is sent. 1 % risk and a 30-point stop size the position at 0,33 lot.
Two partial targets take 50 % and 25 % of the position off. The final target closes the remainder.
From 1 R the stop moves to the entry. From 1,5 R it trails the best price at a distance of 1 R.
The order goes out with its stop and final target. From here Risk Guard manages the exits in desktop MT5.
0,16 lot is closed. The stop now sits at the entry price. Break-even does not cover fees.
Another 0,08 lot is closed. The stop follows each new high and only ever improves.
Price turns before the final target. The trailing stop closes the last 0,09 lot.
Hypothetical example on synthetic prices, without fees or slippage; not a result or a forecast. Risk Guard executes partial closes, break-even and trailing in desktop MT5 with Algo Trading enabled. Only the stop and the final target sit at the broker.
Step 7 of 7: The trail closes the rest. 0.00 lots open, 107.04 US dollars realised, stop at 4244.2.
Account protection
Set the rules before the session. Risk Guard watches the account from desktop MT5 and responds when one is broken.
Close all positions and delete pending orders.
Blocked until 00:00 · German time
Once triggered, the daily stop remains until midnight.
Daily loss 3,12 % / 3 % · Daily stop remains active
Daily stop triggered · New entries blocked until 00:00 The day ends at 3,12 %, beyond the 3 % limit: the rule reacts once the limit is reached.
11:54. Daily loss 3,12 % / 3 % · Daily stop remains active. Daily stop triggered. New entries blocked until midnight.
If the stop-loss is missing for longer than your grace period, Risk Guard closes the trade or sets a stop-loss.
Maximum entries per day and in a rolling 60 minutes. The daily counter resets at 00:00.
Outside trading hours: new entries are blocked and pending orders are deleted.
Volume limits per market and a loss budget with a subsequent pause, for this symbol only or for all symbols.
Closes trades before the weekend and blocks new entries. Closes affected trades before negative triple swap.
Blocks new entries around selected economic-calendar events of high, or medium and high, importance.
Rules require a running, connected desktop MT5 terminal with protection and trading permissions enabled. Limits cannot guarantee a maximum loss: slippage, gaps and broker execution can change the outcome.
Trading from your phone
Trade in MT5 mobile while Risk Guard monitors the same broker account from desktop MT5 or a Windows VPS. It reacts after an order reaches the broker; it cannot block execution on your phone.
Trading journal
Explore your trading activity and behaviour after losses. Use your own history to ask better questions about your habits.
| PAUSE AFTER LOSS | AVG. NET | Chart |
|---|---|---|
| Under 1 minute | -41,20 USD | |
| 1 to < 5 minutes | -22,60 USD | |
| 5 to < 15 minutes | -6,10 USD | |
| 15 to < 60 minutes | +4,80 USD | |
| 1 hour or more | +11,30 USD |
| Result by entry number | AVG. NET | Chart |
|---|---|---|
| Entry 1 | +14,20 USD | |
| Entry 2 | +6,10 USD | |
| Entry 3 | -3,40 USD | |
| Entry 4 | -17,80 USD | |
| Entry 5 and later | -29,50 USD |
Sample data in USD to show the views. These figures were not produced by Risk Guard and do not predict future results. In the tool, the same views read your own account history.
The real screens
The demos on this page use our own drawing style. These are the product’s own screens, from setting up a trade to reviewing the decisions that followed.
Choose your entry and stop. Review the calculated position size and plan your exits before sending the order.
Example trade settings. Projected risk is an estimate; execution, costs and gaps can change the result.
You make the trading decisions. Risk Guard brings planning, account rules and review into your MT5 workspace.
The full trading panel requires a MetaTrader 5 hedging account. Check your MT5 account mode.
Understand trading evidenceChoose your risk, stop and targets. Prepare partial exits, break-even and trailing-stop rules.
Keep desktop MT5 connected and protection enabled. Monitor account rules, including trades placed from mobile.
Review the journal. Look at your trade sizes, timing, costs and what you do after a loss.
For the RoboXpert community
Risk Guard is free for our community. Send a message and I’ll personally show you how to get access.
Choose the way you prefer to get in touch.
Message on Telegram Send contact request@RoboXpertAI Or email info@roboxpert.ai
Yes. Risk Guard is available free for the RoboXpert community. Message @RoboXpertAI on Telegram or email info@roboxpert.ai to arrange your access personally.
The regular MQL5 Market listing is $79, checked on 20 September 2026. Community access is arranged directly with RoboXpert. Contact us before making a Market purchase if you want free access.
Risk Guard is an MT5 trading utility: a manual trade assistant, account protection tool and journal. It does not generate trading signals or choose a trading strategy for you.
The full trading panel requires a MetaTrader 5 hedging account. Automated protection and trade management need desktop MT5 running and connected, with protection mode, Algo Trading and the EA’s trading permissions enabled. Use your computer or a Windows VPS, and try your setup on a demo account first.
Yes, when desktop MT5 and Risk Guard are running on the same broker account. Mobile and other external orders reach the broker first. Risk Guard then detects rule violations and can close positions or delete pending orders, subject to your settings and broker execution. It is not a pre-execution block on your phone.
No. Slippage, gaps, costs, connection failures and broker execution can affect the outcome. A risk rule is not a guaranteed loss cap. Account rules can also affect trades from other tools on the same account, so review their scope carefully.
Versions
Newest first. The EA you get is always the newest version.