Smart RR Pro
by Simon Draxler · MT5
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Summary
Smart Risk Manager MT5 is an MT5 indicator by Amirhossein Bakhtiari with no listed price, rating or verified performance stats, making direct evaluation hard. Traders compare it with five rated alternatives that include both indicators and EAs, several with fixed prices (PZ Stop And Reverse $149, Market Anomalies $99, Ultimate Extractor $100) and all showing no verified stats on the marketplace. Choice depends on trader goals: prefer an EA for automation, an indicator for manual control, or a timing/utility tool. Account for broker rules, spreads and drawdown risk before deploying live.
Retail forex traders compare Smart Risk Manager MT5 with alternatives to decide how best to control position sizing, stop placement and intra-trade risk on MetaTrader 5. The main product is an indicator from Amirhossein Bakhtiari but the marketplace listing shows Price: N/A, Rating: N/A, and No verified stats available, so traders often benchmark it against rated tools and paid EAs. Alternatives include timers, extractors and automated EAs with documented prices or ratings, but likewise no independent verified stats. FxRobotEasy independently reviews all products and emphasizes platform realities such as broker rules, spreads, execution slippage and drawdown risk when evaluating tools.
| Metric | Smart Risk Manager MT5Main Product | Trendopedia Ai Our bot | Smart RR Pro | Smart Reversal Scalper Pro Indicator | Smart Session Breakout MT5 | Smart Reversal Prophets |
|---|---|---|---|---|---|---|
| Rating | N/A | N/A | N/A | N/A | N/A | N/A |
| Price | N/A | $149 | N/A | $70 | N/A | $1700 |
| ROI | -3.6% | +291.1% | N/A | N/A | N/A | N/A |
| Max Drawdown | 27.1% | 22.0% | N/A | N/A | N/A | N/A |
| Win Rate | 56.4% | 56.4% | N/A | N/A | N/A | N/A |
| Profit Factor | 1.59 | 1.48 | N/A | N/A | N/A | N/A |
| Total Trades | 11 | 429 | N/A | N/A | N/A | N/A |
| Downloads | 0 | N/A | 0 | 0 | 0 | 0 |
| Links |
ROI, drawdown, win rate, profit factor and trade counts for MQL5 listings are FxRobotEasy modelled Strategy Tester aggregates — simulated, not live or broker-verified. Rating, price and downloads come from the MQL5 Market listing. The FxRobotEasy column is different in kind: those rows are one published trading account, read live from app.fxroboteasy.com at page build, not a modelled run. It is not like-for-like with the columns beside it, and the per-row winner marker compares a live account against simulations. Its rating and downloads are not tracked here.
Smart Risk Manager MT5 is an MT5 indicator by Amirhossein Bakhtiari that aims to help traders manage trade-level risk inside the MetaTrader 5 platform. The marketplace listing shows Price: N/A, Rating: N/A, and No verified stats available, so concrete performance metrics are not provided. Strengths likely include lightweight indicator integration and on-chart risk visualization for manual traders who prefer decision control. Weaknesses are the lack of transparent pricing and verified track record, and as an indicator it cannot execute automated position changes like an EA. It suits discretionary traders who want a risk overlay tied to MT5 charts and who will test extensively on demo accounts. Before using it live, consider broker rules, spreads, potential slippage and the possibility of extended drawdowns. FxRobotEasy independently reviews all products and recommends forward testing and strict money management under real broker conditions.
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Smart Risk Manager MT5 may appeal to discretionary traders seeking an on-chart risk tool, but the listing lacks Price: N/A, Rating: N/A and No verified stats available, which complicates trust and selection. Several well-rated alternatives exist: some are utilities or timers, others are paid EAs with transparent prices but similarly without independent verification. Choose based on whether you want manual control (indicator), automation (EA), or timing utilities. Always validate with demo testing, consider broker spreads and execution, and expect drawdown risk. FxRobotEasy independently reviews products and also offers verified bots as alternatives for traders who prefer vetted automation.
Smart Risk Manager MT5 lacks a listed price, rating and verified performance stats on the marketplace, so a blanket buy recommendation is not possible. It may be useful for discretionary traders who want an on-chart risk overlay, but you should demo-test it, evaluate how it handles your broker's spreads and execution, and compare it to paid alternatives with clearer pricing. Treat it as a tool requiring verification rather than a proven money-maker.
There is no single best alternative; selection depends on needs. For timing and session alignment, Haven Candle Timer Countdown (Rating: 5, Price: N/A) fits. For automation, PZ Stop And Reverse EA ($149, Rating: 5) or Market Anomalies EA ($99, Rating: 5) are options. Ultimate Extractor ($100) assists signal extraction, while Neon Shadow EA (Rating: 5, Price: N/A) is another EA choice. All alternatives show No verified stats available, so demo testing is essential.
Start with robust demo testing across the exact symbols, timeframes and account types you plan to trade. Use fixed seed capital, track drawdown, win rate and slippage, and test across different spread conditions and news events. For EAs, run backtests but prioritize forward/demo runs to account for broker execution. Avoid relying on marketplace ratings alone, and consider trial periods or refunds where available.
While evaluating Smart Risk Manager MT5 and its alternatives, consider Trendopedia Ai, developed by FxRobotEasy. Its review page covers the strategy, settings and the published trading accounts. The figures below come from one published account, read live from app.fxroboteasy.com; the date they were computed is shown with them, and they are absent when that account has no closed trades to report.
+291.1%
Total Return
22.0%
Max Drawdown
56%
Win Rate
429
Total Trades