Multi Risk Manager Pro for MT4 | MQLEXP

MT4 Risk Manager for Planning, Execution and Trade Control

Multi Risk Manager Pro for MT4 brings lot-size calculation, order execution, position management and trade copying into one MetaTrader 4 panel. Plan your risk before entering, manage exits as the trade develops, and review your trading activity without switching between separate utilities.

Built by MQLEXP, this MT4 risk manager is for traders who want hands-on control over their workflow. It is a management tool, not a promise of profitable trades.

Want a closer look? Explore the full Multi Risk Manager Pro feature tour. That overview currently shows MT5 examples; this purchase page and its buy button are specifically for MT4.

What You Can Do from One Panel

Calculate lot size before placing an order

Use eight money-management methods: risk percentage based on balance, equity or free margin; fixed cash risk; fixed lots; balance increments; Fixed Ratio; and Kelly Criterion. The visual risk-to-reward box helps you see the planned entry, stop and target together.

Place and manage trades with fewer steps

Open market or pending orders, adjust Stop Loss and Take Profit, close part of a trade, or move protection to break-even. Point-based, ATR-based and candle-based trailing stops give you different ways to manage an exit. Basket exits and staged management are available for the trades covered by your settings.

Keep scalping controls within reach

The scalping tools bring quick execution, spread filters, position limits and exit controls into a focused workflow. Set up your preferred profile before the session so that speed does not replace a deliberate risk decision.

Set account limits for your trading plan

Configure daily and overall drawdown thresholds, profit targets, trading restrictions and eligible closing actions. These prop-firm risk controls help you follow a defined plan, but each firm’s rules and reset time still need to be checked individually.

Connect sender and receiver accounts

The trade copier supports local terminal connections and network copying through a relay server. Choose sender or receiver roles, channel IDs, lot-sizing options and copying filters. Test symbol mapping, order changes and closures before relying on a multi-account setup.

Review activity and organize your workspace

History and reporting tools help you review trades and performance. News and session views, side candles, themes, hotkeys and saved settings keep the information you use close to the trading controls. External calendars, notifications and network features require their own setup.

Start with a Simple Workflow

1. Choose the correct edition. This listing is for the MetaTrader 4 desktop terminal. If you use MT5, open the official MT5 listing.
2. Set your risk method. Select your sizing method and check the calculated volume against your broker’s contract and lot-size rules.
3. Test the functions you need. Start with trade planning and exits, then configure account protection, news filters or copying as required.
4. Keep protection operational. Hidden stops and EA-managed actions require an active terminal, running EA and working connections.

Step-by-Step Product Guides

Use these official MQLEXP articles on MQL5 when you need detailed settings and examples:

• Product overview and getting started
• Eight money-management methods
• Planning trades with the risk-to-reward box
• Placing market and pending orders
• Stop Loss, Take Profit and partial exits
• Break-even, trailing stop and profit protection
• Daily drawdown, equity limits and profit targets

Buy or Test Multi Risk Manager Pro for MT4

Listed price: USD 99. Purchase and activation are handled through the official MQL5 Market listing. Check the current price and available demo options there before buying.

Buy / Try MT4 on MQL5

Need help choosing settings? Contact MQLEXP support with your terminal version, broker symbol and a screenshot of the relevant panel.

Compatibility and Risk Notes

Broker support, account restrictions and the selected trade scope affect what the panel can manage. Planned risk can differ from realized loss because of gaps, slippage or connection problems. Risk controls cannot eliminate trading losses or guarantee returns. Check each function in an appropriate testing environment before using it on a live account.