Prop Trader Risk Indicator is a very simple Metatrader 4 Indicator,
designed to calculate and display the "next risk" in account currency.
in combination with the EarnForex Position sizer, makes this a safe way to never fail a challenge, and ensure long term trading without ever losing a challenge or live account.
Min Equity and base balance used to calculate. in combination with risk parameters for both profits and base equity.
FTMO Challenge 100k AccBaseBalance: 100000 AccBaseLimit: 90000 RiskSplit: 10 RiskProfits: 30 MFF Accelerated 25k AccBaseBalance: 25000 AccBaseLimit: 23750 RiskSplit: 10 RiskProfits: 10
Settings allow the location to be set on the Chart, equity, balance and risk percentages
0.98.2 SwingFish Prop Risk Indicator Details https://swingfish.trade/mt4-indicator-prop-risk displays realtime Risk for the next position based on Drawdown Limits for Prop accounts. ToDo - remove nonsense and rename Fields Known Bugs - items do not reset after all positions closed (requires to reload the indicator or change the symbol to make it work again) - Indices have wrong calculations (about 10x) Change log: - added colors to indicate different risk status - added Risk-reward to show when position in profit - removed Currency Symbol for display - removed "hide all" (just unload the indicator instead) - remove "Hide_all" setting - add active Risk/reward ratio (RR) - replace "P/L" with "Open Risk" (shows the current exposure from open positions) - variable Fix under OSX - Next-Risk re-adjusts to open positions - cleanup math (clean split between in-profit and base values) - "Next Risk" includes now active positions (does not work on OSX) - general cleanup - add Percentage display for better Visualisation - change "Profit" to "P/L" - add add separate risk for profits and base equity - rename to Prop Risk Calculator - added position settings for individual outputs - Minimum Equity as parameter