CKS Position Risk Dashboard for MetaTrader 5
Info
The CKS Position Risk Dashboard for MetaTrader 5 is a Indicator for MetaTrader 5 that the cks position risk dashboard is a lightweight metatrader 5 indicator designed to help traders assess risk before placing an order. It provides account, symbol, and open-position information directly on the chart.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Indicator works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Indicators folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use CKS Position Risk Dashboard for MetaTrader 5
1. Installation: Place your file in the MQL/Indicators folder via "Open Data Folder" and restart your terminal.
2. Loading: Find the indicator in the Navigator, drag it onto your chart, and configure the input parameters in the popup window.
3. Customization: Press Ctrl+I to open the indicator list, select your tool, and click "Properties" to change colors, levels, or visual styles.
4. Updating: Replace the old file in the Indicators folder with the new version and restart the platform to apply changes.
Frequently Asked Questions
Q: Why is my indicator not showing? A: Verify the file is in the MQL/Indicators folder, or try right-clicking the "Indicators" tree in the Navigator and clicking "Refresh."
Q: Do custom indicators slow down the platform? A: Too many complex indicators can impact performance; remove unused ones via the "Indicator List" (Ctrl+I).
Q: Can I use MT4 indicators on MT5? A: No, MQL4 and MQL5 are distinct languages; ensure the indicator is compiled specifically for your platform version.
What this tool does
The CKS Position Risk Dashboard is a lightweight MetaTrader 5 indicator designed to help traders assess risk before placing an order.
Typical Use Case
This Indicator excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Indicator works on MetaTrader 5. Place the file in the MQL5/Indicators folder and restart the terminal.
Description & Settings
Related: Quantora Account Health Monitor MT5: Professional Account Health and Risk Monitoring - another powerful indicator for MetaTrader 5 traders.
The CKS Position Risk Dashboard is a lightweight MetaTrader 5 indicator designed to help traders assess risk before placing an order. It provides account, symbol, and open-position information directly on the chart. This indicator is for informational purposes only and does not execute trades.Also recommended: Quantora Drawdown Monitor MT5: Professional Account Risk and Drawdown Dashboard - similar indicator with strong performance on MetaTrader 5.
Key features of the CKS Position Risk Dashboard include:
- Suggested lot size based on a planned risk percentage and stop-loss distance
- Display of balance, equity, free margin, and margin level
- Current bid, ask, and spread information
- Broker minimum, maximum, and step volume details
- Open-position count and floating profit or loss for the chart symbol
- Estimated protected risk for positions with a protective stop loss
- Automatic handling of tick-size, tick-value, and symbol-digit
- Adjustable panel colors, location, and refresh interval
- Developed in pure MQL5 with no reliance on DLLs or external services
The indicator has several inputs that can be adjusted to suit the trader's needs, including:
- InpRiskPercent: the percentage of balance or equity planned for the trade
- InpPlannedStopPoints: the proposed stop distance in broker points
- InpUseEquity: the option to use equity instead of balance as risk capital
- InpMaximumSuggestedLot: a safety ceiling for the displayed suggested volume
- InpCorner, InpX, InpY, and InpWidth: dashboard position and width settings
- Color inputs for customizing the panel's background, text, accent, and warning colors
- InpRefreshSeconds: the dashboard refresh interval
To install the CKS Position Risk Dashboard, simply copy the MQ5 file to the MQL5/Indicators directory, compile it in MetaEditor, refresh the Navigator, and attach it to any chart.
Important notes:
- The displayed volume is an estimate based on the broker's current tick value and symbol specification. Always confirm the final order volume and required margin in the terminal.
- Positions without a protective stop loss are not assigned a finite protected-risk value.
Version 1.00, updated for 2026.
You may also like: Quantora Drawdown Monitor MT5 - Professional Account Risk and Equity Drawdown Monitor - excellent alternative for indicator users on MetaTrader 5.
Source Code
#property copyright "RobotFX"
#property version "1.00"
#property strict
#property description "This code is educational. Feel free to use, modify and upgrade as you wish. Visit ROBOTFX.ORG for professional trading tools"
#property indicator_chart_window
#property indicator_plots 0
input group "Risk Calculation"
input double InpRiskPercent=1.0;
input int InpPlannedStopPoints=200;
input bool InpUseEquity=true;.......
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.