Is anyone aware of a risk management solution for MT5 that would restrict trading to only one symbol, set a maximum position size for this symbol and do the following after a certain daily loss limit is breached:
- liquidate all positions
- cancel all orders
- put the account in read-only mode or prevent further trading in another way (close the platform and not let it be open again, if that is even possible)?
Alternatively, are there any brokers that can set these risk limits on their side?
I would be grateful for any suggestions.
- liquidate all positions
- cancel all orders
- put the account in read-only mode or prevent further trading in another way (close the platform and not let it be open again, if that is even possible)?
Alternatively, are there any brokers that can set these risk limits on their side?
I would be grateful for any suggestions.
