RiskCockpit is a real-time, rule-monitoring dashboard for prop-firm traders. It watches your risk against the funding program's rules while you trade — so you don't blow a challenge on a careless click.
It is an advisor, not an autotrader. RiskCockpit never opens, closes, or modifies a trade. Every decision stays in your hands — it only measures, warns, and displays.
- Live risk read-out — current exposure, open risk, and distance to your daily and overall loss limits, updated tick-by-tick.
- Prop-firm rule profiles — built-in challenge catalog (FundedNext Stellar 1-Step / 2-Step / Lite / Instant), and compatible with FTMO, E8, The5ers, MyFundedFX-style rules.
- Lot sizer — computes position size from your risk-per-trade and stop distance.
- Drawdown guards — daily loss and max drawdown tracking with clear on-chart warnings.
- Optional Telegram alerts — you supply your own bot token (nothing is hard-coded).
- Multi-language UI — EN / FR / ES.
- Copy
Indicators/RiskCockpit.mq5→<MT5>/MQL5/Indicators/ - Copy
Libraries/*.mqh→<MT5>/MQL5/Libraries/ - In MetaEditor, open
RiskCockpit.mq5and press F7 to compile (0 errors). - Attach the indicator to a chart in MT5.
A compiled RiskCockpit.ex5 is included for convenience.
Published free on the MQL5 Market. More at javadrazavi.fr.
Javad Razavi — The Solution Maker · javadrazavi.fr
Source-available for reference and evaluation only — see LICENSE. Not for reuse, redistribution, or resale without written permission.