//+------------------------------------------------------------------+ //| RiskPositionTool.mq4 | //| Copyright 2026, Allan Niñal | //| https://www.allanninal.dev/mql5 | //+------------------------------------------------------------------+ //| Free indicator (MetaTrader 4 edition): a position tool. Drag the entry, stop-loss and | //| take-profit lines; the panel shows the lot for your risk, the | //| money at the stop and at the target, the reward:risk ratio and | //| the margin. It never places or changes an order. | //| Shared code: Include/RiskManager/RiskCore.mqh, Panel.mqh. | //+------------------------------------------------------------------+ // SPDX-License-Identifier: LicenseRef-PolyForm-Noncommercial-1.0.0 (see LICENSE) #property copyright "Copyright 2026, Allan Niñal " #property link "https://www.allanninal.dev/mql5" #property version "1.2" #property description "Position size calculator on the chart: drag entry, stop and target lines; lot for your risk %, money at risk, reward:risk." #property description "Calculates only: it never places or changes an order." #property strict #property indicator_chart_window #property indicator_buffers 0 #include #include input ENUM_RTM_RISK InpRiskMode = RTM_RISK_PCT_BAL; // Risk measured as input double InpRisk = 1.0; // Risk per trade (% or money) input double InpStopATR = 1.5; // Stop distance, x ATR(14) input double InpRR = 2.0; // Target, x the stop distance input color InpColEntry = C'132,164,206'; // Entry line input color InpColSL = C'226,124,124'; // Stop-loss line input color InpColTP = C'126,192,143'; // Take-profit line input ENUM_PRG_CORNER InpCorner = PRG_RIGHT; // Panel position input int InpOffsetX = 10; // Panel margin from the side, px input int InpOffsetY = 26; // Panel margin from the top, px input int InpFontSize = 9; // Panel font size input bool InpLight = false; // Light colours (for white charts) input bool InpDebug = false; // Debug log for bug reports (Experts tab) int g_panel_h=200; void Draw(void) { RTMCalc c; RTMCompute(c,InpRiskMode,InpRisk); g_cursor=0; Box("bg",0,0,UI_W,g_panel_h+UI_PAD,UiBack(),UiRule()); Box("hd",0,0,UI_W,UI_HEAD-4,g_ui_light ? C'240,241,244' : C'32,35,40',UiRule()); Text("title",UI_PAD,5,"Risk Position Tool",UiText(),g_ui_font+1,"Segoe UI Semibold"); int y=RTMDrawSetup(c,UI_HEAD,InpRiskMode,InpRisk); Button("b_buy",UI_PAD+0,y+6,70,"BUY"); Button("b_sell",UI_PAD+78,y+6,70,"SELL"); Button("b_mkt",UI_PAD+156,y+6,70,g_entry_market ? "MARKET" : "PENDING"); Button("b_del",UI_PAD+234,y+6,64,"CLEAR"); y+=30; if(y!=g_panel_h) { g_panel_h=y; CacheClear(); Draw(); return; } if(g_panel_dirty) { ChartRedraw(); g_panel_dirty=false; } } int OnInit() { if(InpRisk<=0 || InpStopATR<=0 || InpRR<0) { Print("Risk Position Tool: risk and stop distance must be above 0"); return(INIT_PARAMETERS_INCORRECT); } g_ui_corner=InpCorner; g_ui_x=InpOffsetX; g_ui_y=InpOffsetY; g_ui_font=MathMax(7,MathMin(14,InpFontSize)); g_ui_light=InpLight; g_entry_market=(ObjectFind(0,L_ENTRY)<0); // lines kept from an earlier run stay where they were dragged CkDebugStart("Risk Position Tool MT4","1.2",InpDebug,StringFormat("risk mode %d %.2f, stop %.2f ATR, target %.2f, lines kept %d",InpRiskMode,InpRisk,InpStopATR,InpRR,!g_entry_market)); EventSetMillisecondTimer(300); Draw(); return(INIT_SUCCEEDED); } void OnDeinit(const int reason) { EventKillTimer(); PanelDelete(); if(reason==REASON_REMOVE) // keep the lines over a timeframe change, remove them with the tool RTMDeleteLines(); ChartRedraw(); } void OnTimer() { RTMFollowMarket(); Draw(); } void OnChartEvent(const int id,const long &lparam,const double &dparam,const string &sparam) { if(id==CHARTEVENT_OBJECT_DRAG && sparam==L_ENTRY) g_entry_market=false; if(id==CHARTEVENT_OBJECT_CLICK) { if(sparam==PRG_PREFIX+"b_buy" || sparam==PRG_PREFIX+"b_sell") RTMResetLines(sparam==PRG_PREFIX+"b_buy",InpStopATR,InpRR,InpColEntry,InpColSL,InpColTP); else if(sparam==PRG_PREFIX+"b_mkt") g_entry_market=!g_entry_market; else if(sparam==PRG_PREFIX+"b_del") RTMDeleteLines(); } if(id==CHARTEVENT_OBJECT_DRAG || id==CHARTEVENT_OBJECT_CLICK) { CacheClear(); Draw(); } } int OnCalculate(const int rates_total,const int prev_calculated,const datetime &time[],const double &open[], const double &high[],const double &low[],const double &close[],const long &tick_volume[], const long &volume[],const int &spread[]) { return(rates_total); } //+------------------------------------------------------------------+