Trading Robot Day Risk Manager.
According to the rules of "risk management" trader needs to know exactly how much risk is acceptable for him regarding his deposit and trading system.
But only "know" is not enough, you must also control their risks, that is to carry out all these rules.
Although the installation of stop loss all can fare quite well, the trader is required to expose them, and he makes it absolutely responsibly, that with the opening of additional positions, especially when the previous close of "stop loss", things are not as planned.
Often there is a desire to get even, and it means that the actions of the trader´s emotions begin to dominate, rather than payment, which can lead to even greater losses.
Trading robot «Day Risk Manager» designed to limit potential losses when trading intraday using of MetaTrader 4.
Upon reaching the daily limit loss calculated by the trader in accordance with the rules of «Money Management», trading robot «Day Risk Manager» closes all open positions and displays in the terminal notification that the bids today is prohibited.
When you try to open a new trading position, it will be opened and then immediately closed trading robot «Day Risk Manager».
With this you get an additional loss of $ spreads traded currency pair and commissions if you sell "shares in MetaTrader."
Open orders with a specified day limit risk will be, starting from 00.01 hours of the new day.
Downloading and installing the trading robot (Advisor) «Day Risk Manager», the trader alone assumes all risks associated with possible losses.