Aegis Risk Manager for MT5: Automated Risk Management to Protect Capital and Limit Losses

Aegis Risk Manager review 2026 performance analysis begins with a focus on protecting trading capital rather than chasing entries. In this 2026 review the performance analysis highlights the EA's core function: full automation of risk controls on MT5 without interfering with trade entry logic. The author, Giga Aptsiauri, designed the utility to apply progressive stop loss adjustments, partial closes at 50% and 70% loss thresholds, automatic break even at 50% take profit, and profit lock mechanisms at 50% and 70% of take profit. Price is $89 and the utility is classified as a risk management tool for MT5 accounts. What makes Aegis Risk Manager unique is its accounting of both initial risk and saved capital so position sizing and exits reflect recovered value. The algorithm monitors each open trade and uses configurable rules to reduce exposure as trades move against or in favor of the account. It works independently of entry signals, so it complements scalpers, swing traders, and automated systems alike. The EA is most effective in trending and range-bound forex conditions where stop adjustments and partial reductions can materially lower maximum drawdown. Expected performance characteristics include lower realized drawdowns, smoother equity curves, and fewer catastrophic losses when compared to unmanaged positions. Aegis Risk Manager will not increase raw win rate for the entry strategy, but it improves net results by reducing losses and locking profits. Traders should combine it with solid position sizing and backtesting on MT5 to set optimal parameters for their market and timeframe.