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Configurable MT5 Position Risk Monitor Dashboard

Article MQL5 code base
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Summary

This document describes configurable settings for a MetaTrader 5 position risk monitor panel. Users can adjust where the panel appears on a chart, how often it refreshes, and how many open positions it displays. It also lists risk percentage thresholds used to categorize positions, plus color settings for positive information, warnings, and higher-risk alerts.

The listed defaults include a one-second refresh interval, a maximum of six displayed positions, and low- and high-risk thresholds of 2% and 5%. An option can automatically place the monitor beside a separate account dashboard. The excerpt gives interface configuration details rather than explaining how position risk is calculated, what account value or exposure measure the percentages use, or whether alerts lead to any action. It provides no testing or performance evidence, so the thresholds should be treated as display settings rather than a validated risk model.

Key ideas

  • The MT5 panel can display a configurable number of open positions and refresh at a chosen interval.
  • Users can set low- and high-risk percentage thresholds for the monitor.
  • Panel location and accent, profit, warning, and loss colors are configurable.
  • The excerpt does not explain the risk calculation or validate the default thresholds.

Tags

Risk managementPosition sizing

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.