Position Risk Manager Professional is an on-chart trading panel designed for use with cTrader instruments including Forex, Gold, Crypto, and Indices. It automates risk management and enforces trading discipline to prevent overtrading, revenge trading, and loss of profits. Key features include a built-in risk calculator that sets risk per trade and automatically calculates lot sizes based on margin and leverage constraints, as well as risk/reward ratios that lock in take profit levels.
The panel supports daily loss and profit lockouts, blocking new trades once preset limits are reached, and includes an emergency lockout button to halt trading for the day. It restricts position sizing and the number of simultaneous positions per direction to control exposure and prevent scaling into losing trades. The full order panel enables one-click market, limit, and stop orders, partial closes, break-even adjustments, and trailing stops.
A live dashboard displays daily profit/loss (realized and floating), risk calculations, position counts, exposure, and lockout status indicators. This tool is tailored for prop firm traders and risk managers seeking automated enforcement of risk rules and trading discipline.