Advanced Guide · MT5 · Deep Dive · 15 min read
You have RiskFlow Pro attached to your chart and you know how to size a trade and place it. Now you want to go deeper. This guide walks through every tab, every feature, and exactly when each one earns its keep in real trading.
If you have not installed RiskFlow Pro yet or you are still getting your first trade placed, start with the Quick Start Guide first — it gets you from zero to your first trade in under 5 minutes, then come back here.
What You Will Learn
The four trailing stop modes, partial close triggers, split-entry strategies, OCO pending orders, virtual SL/TP stealth mode, the complete Protect tab for prop firm challenges, multi-symbol monitoring, hotkeys, and the trade journal. Everything with concrete examples you can copy.
Manage Tab — The Heart of RiskFlow Pro
This is where most of your edge comes from. The Manage tab turns you from a trader who places orders into a trader who systematically manages them.
Breakeven — The One You Should Always Use
You already know this one from the Quick Start guide. Toggle BE ON, set Trigger R to 1.0, set Offset pips to 2.0. That is 90% of traders sorted.
Pro tip: for scalping (trades that last minutes), drop Trigger R to 0.5. For swing trades (trades that last days), bump it up to 1.5 to give the trade room to breathe before locking in.
Partial Close — Bank Profit While Letting Winners Run
The setup: Partial Close triggers at a specific R multiple and closes a percentage of your position. The field value is R multiples, not a percentage.
Typical setup that works well for most strategies:
- Close at R:
1.0— closes at 1R profit - Close %:
50— takes half off the table
Pair this with Breakeven and something magical happens: when price hits 1R, you bank 50% profit AND your SL moves to entry. The remaining 50% of the position is now a risk-free runner heading toward your TP. This is the single highest-edge combo in retail trading.
Trailing Stops — Four Modes, Know When to Use Which
RiskFlow Pro offers four trailing methods. Cycle through them using the Trail Mode button.
1. ATR Trailing — Uses Average True Range to set a dynamic distance from current price. Best for trending markets where volatility varies. Settings: Period 14, Multiplier 2.0-2.5. Tighter multipliers lock in faster but get stopped out on normal retracements.
2. Pips Trailing — Fixed distance in pips. Best when you know the instrument’s typical retracement depth. For gold scalping, try 150–250 pips. For EURUSD intraday, 20–30 pips.
3. Percent Trailing — Trails at a % distance from entry. Best for long-term holds where you want the stop to scale with the move.
4. MA Trailing — Uses a moving average as the trailing stop line. Best for trend-following where you want to stay in as long as price is above/below MA. Cycle through period options: 20, 50, 100, 200.
Common Mistake
Do not enable Breakeven AND Trailing at the same time. They fight each other. Use Breakeven only, OR Trailing only. For most traders, Breakeven + Partial Close is the strongest combo.
Split Entry — Distribute Risk Across Multiple Positions
Set Split to 2 through 5. Your calculated lot size is divided across that many positions, all sharing the same SL and TP.
Why bother? Two reasons. First, it lets you scale out at multiple TPs manually (close position 1 at 1R, position 2 at 2R, let position 3 run). Second, some brokers give better fills on smaller lot sizes. On prop firm accounts, this can also help with position size limits.
Protect Tab — Prop Firm Lifesaver
If you are running an FTMO challenge, MyForexFunds, The Funded Trader, or any other prop firm evaluation, this tab is what keeps you in the challenge instead of violating drawdown rules.
Daily DD Limit
Cycle through four DD calculation methods via the DD Type button:
- FTMO Rel — FTMO’s relative method (balance at 00:00 CE(S)T). Use this for FTMO.
- FTMO Abs — Absolute drawdown from starting balance.
- % Balance — Generic percentage of current balance.
- % Equity — Generic percentage of current equity.
For FTMO specifically, enter 4.5 instead of exactly 5.0. That 0.5% buffer protects you from slippage, spread widening, and timing mismatches between your broker time and CE(S)T.
Floor Line on Chart
When Daily DD Limit is ON, RiskFlow Pro draws a horizontal line on your chart showing the exact equity level where your daily limit triggers. Psychologically, seeing this line is huge — it stops you from overtrading because you can see exactly how much room you have left.
Max Spread & Slippage
Two protection settings below the DD limit:
- Max Spread — Blocks new orders when spread is above this value in points. Set to
30for most majors,50-100for gold. - Max Slippage — Rejects orders that slip beyond this many points. Protects you during news events.
Want push or email alerts when the daily DD limit triggers, a Partial Close fires, or your Stop Loss moves to breakeven? The MT5 notifications setup guide walks through the full configuration — push to your phone, email via SMTP, and which events are worth turning on.
Pending Orders — OCO and Trailing Entries
Place a pending order the usual way (entry price not at market), and RiskFlow Pro shows extra options.
OCO (One Cancels the Other)
Toggle OCO ON before placing two opposing pendings (e.g., Buy Stop above and Sell Stop below a range). When one triggers, the other is automatically cancelled. Perfect for breakout trading when you do not know direction but will trade the break either way.
Pending Trailing
Turns your pending order into a chase. As price moves in the direction of your pending entry, the pending order moves with it at a fixed distance. Useful when you want to catch a pullback entry but the price keeps trending. Set Trail Points to match typical retracement depth.
Virtual SL/TP — Stealth Mode
Toggle Virtual SL/TP ON. The SL and TP are tracked by the EA locally and sent as market orders when triggered, instead of sitting on the broker’s server. Benefits:
- Brokers cannot see your stops (protects against stop hunting on some brokers)
- Works around broker SL distance restrictions
- Reduces “stop hunt” style false triggers from spike candles
Important
Virtual SL/TP only works while MT5 is running. If your VPS or MT5 terminal closes, there is no safety net. Use real SL/TP on your broker account as the master, and Virtual only as a secondary layer.
Session Tab — Trade Only When Your Edge Exists
Every instrument has hours when it moves and hours when it chops. Session filter blocks new trades outside your defined windows.
The tab shows four preset sessions: Sydney, Tokyo, London, New York. You can customize each one’s open and close time in GMT. Toggle Session Filter ON and only the sessions you enable will allow new orders.
Recommended filters by instrument:
- Gold (XAUUSD): London + New York — the overlap (13:00-16:00 GMT) is the highest-edge window
- EURUSD: London + NY open — avoid Asian session chop
- USDJPY: Tokyo + London — avoid thin NY afternoon
- US30 / Nasdaq: NY only — the indices barely move outside US hours
Monitor — Track Positions Across All Charts
Press the MON button (or hotkey M) to open the multi-symbol monitor window. You will see every open position RiskFlow Pro manages across all your charts — not just the current one.
For each position: symbol, direction, lots, entry, current P&L, and time open. You can close any position directly from the Monitor without switching charts. If you trade 3-5 instruments simultaneously, this saves you serious clicking.
Journal Tab — Your Trading History, Automated
The Journal tab logs every trade RiskFlow Pro places: entry, exit, R multiple, duration, and your optional notes. No more manually tracking trades in a spreadsheet.
Two things to do regularly:
- Export to CSV weekly. Click the Export button on the Journal tab. Open in Excel or Google Sheets and filter by R multiple. Your biggest insights come from seeing which setups actually hit 2R+ vs which ones chop around 0.5R.
- Add notes in the Trade tab before pressing BUY/SELL. Even a 3-word tag like “NY open pullback” gives you filterable categories for review later.
Hotkeys — Trade Without Clicking
Click the chart once to give it focus, then:
B— Buy (uses current SL/TP from dashboard)S— SellX— Close all positions on this symbolC— Calculate (recalc lot size from current SL)L— Toggle Lines mode (draggable Entry/SL/TP)M— Toggle Monitor window
Once you get used to Lines mode + hotkeys, your workflow becomes: drag SL line to where you want risk, drag TP line to target, glance at lot size on dashboard, press B or S. Entire trade entry in under 3 seconds.
Settings Tab — One-Time Configuration
You set this up once and forget it. Worth reviewing anyway:
- Risk Type — % Balance is the most common. % Equity adjusts as you rack up floating profit. Fixed $ locks risk to a dollar amount regardless of balance changes.
- Value — Most retail traders should sit at 0.5-1% per trade. Above 2% starts compounding losses dangerously fast.
- R:R Ratio — 2.0 is the default. Higher if your strategy has low win rate (breakouts), lower if high win rate (mean reversion).
- Server time bar — Shows broker time (with UTC offset) and CE(S)T time. Critical for FTMO since DD resets at CE(S)T midnight, not your broker’s midnight.
Putting It All Together — Three Real Setups
Setup 1: FTMO Gold Scalper
- Risk Type: % Balance, Value: 0.5%
- R:R: 2.0
- Manage: Breakeven ON (Trigger 1R, Offset 5 pips), Partial Close ON (Close at 1R, Close 50%)
- Protect: Daily DD ON, Type FTMO Rel, Limit 4.5%, Max Spread 50 pts
- Session: London + NY only
Setup 2: Swing EURUSD Breakout
- Risk Type: % Balance, Value: 1.0%
- R:R: 3.0
- Pending orders: OCO ON (Buy Stop above resistance, Sell Stop below support)
- Manage: ATR Trailing ON (Period 14, Mult 2.5), Breakeven OFF
- Session: filter OFF (swing trades span sessions)
Setup 3: Multi-Instrument Trend Follower
- Risk Type: % Equity, Value: 0.75%
- R:R: leave blank, manage exit manually
- Manage: MA Trailing ON (MA 50), Breakeven OFF
- Split Entry: 3 (distribute across three positions)
- Monitor: always on, so you can close any position from any chart
A Final Note on Discipline
RiskFlow Pro is a tool, not a strategy. It cannot tell you when to trade or which direction. What it does is remove the excuses: “I forgot to move my stop,” “I took too much risk,” “I kept trading after hitting my daily limit.” Those excuses are what kill most traders. Setting up RiskFlow Pro correctly is setting up a system where those excuses are impossible.
Pick one of the three setups above that matches your style, dial in the settings once, and let the EA do its job for a month. Then export your journal to CSV and review. The data will tell you which parts of your trading need work.
Get RiskFlow Pro
Free for the First 500 Downloads
Every feature in this guide, in one compact dashboard on your MT5 chart. Position sizing, trade management, prop firm protection, and a built-in journal.
Download Free on MQL5 →Works on any MT5 broker account · No registration on our site required
New to RiskFlow Pro? Start with the Quick Start Guide — get your first trade placed in under 5 minutes, then come back here for the deep dive.
Questions or requests for new features? Leave a comment on the MQL5 product page — that is where I actually read and respond.

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