Risk Lot Panel for MT5
Info
The Risk Lot Panel for MT5 is a Indicator for MetaTrader 5 that risk lot panela display-only panel that answers one question before you place a trade: what lot size does my risk allow here, and what does the broker's volume step do to it. For the current symbol the panel shows:- the spread in points, and what that spread costs per 1.
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 Risk Lot Panel for MT5
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
Risk Lot PanelA display-only panel that answers one question before you place a trade: what lot size does my risk allow here, and what does the broker's volume step do to it.
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: Risk Lot Calculator: Calculate Lot Size Based on Risk and Stop Loss - another powerful indicator for MetaTrader 5 traders.
Risk Lot PanelAlso recommended: Margin Call Radar: Account Risk Analysis - similar indicator with strong performance on MetaTrader 5.
A display-only panel that answers one question before you place a trade: what lot size does my risk allow here, and what does the broker's volume step do to it?
For the current symbol the panel shows:
- the spread in points, and what that spread costs per 1.00 lot;
- the money value of one point per 1.00 lot, taken from the broker's tick value and tick size, so the figure is right on gold, indices and cross-rate pairs, not only on EURUSD;
- the broker's volume constraints: minimum, step and maximum;
- your risk budget: percent of balance, percent of equity, or a fixed amount in the account currency;
- the loss per 1.00 lot at the stop distance you set;
- the resulting lot — the raw figure, then the lot after rounding DOWN to the volume step, and the money you actually risk with that rounded lot;
Two situations the panel is really written for:
1. The raw lot comes out below the broker minimum. Rounding up to the minimum silently breaks the risk cap, which is how a "1% risk" trade quietly becomes a 4% one on a small account. The panel says the risk cannot be respected and shows what the minimum lot would actually risk, in money and in percent of balance.
2. Rounding down to the volume step moves the real risk away from the number you asked for. The panel prints the actual risk next to the requested one, and highlights the line when the gap is larger than 10%.
The indicator never places, modifies or closes an order. It only reads symbol and account information and draws labels on the chart.
Inputs: risk mode (percent of balance / percent of equity / fixed money), risk value, stop distance in points, and the panel's corner, offsets, font and colours.
Tested on MetaTrader 5 build 6182, compiles with 0 errors and 0 warnings. Updated for 2026.
You may also like: Trend Buy/Sell Zones with Automated Lot Sizing and Risk Panel for MT5 - excellent alternative for indicator users on MetaTrader 5.
Source Code
#property copyright "RobotFX"
#property link "https://robotfx.org"
#property version "1.00"
#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
enum ENUM_RISK_MODE
{
RISK_PERCENT_BALANCE,
RISK_PERCENT_EQUITY,.......
⚠ 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.