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Smart Risk Manager MT5 (MT5) — review, price and free alternatives
MT5 indicatorfree on MQL5by Amirhossein Bakhtiari
Smart Risk Manager MT5 is a free MetaTrader 5 indicator by Amirhossein Bakhtiari on the MQL5 Market — download it there; we host no third-party files. We haven't run it ourselves, so this page sticks to what its listing says and what to check before you use it.
Smart Risk Manager MT5 — key facts
- Platform
- MetaTrader 5 (MT5)
- Product type
- Indicator
- Developer
- Amirhossein Bakhtiari
- Price
- Free
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded Smart Risk Manager MT5 on a live account and publishes no broker-verified performance record for it.
Last updated
What the developer says
Smart Risk Manager Mini – Free On-Chart Lot Size Helper Smart Risk Manager Mini is the free & simplified edition of the Smart Risk Manager family.
Before you use Smart Risk Manager MT5
What the developer claims
- It helps you calculate your position size on Forex pairs using a clean drag-and-release workflow.
- Just drag on the chart and the indicator shows the recommended lot size based on your RiskUSD amount.
- Features ️ Drag-to-measure lot size directly on the chart ️ Clean & very lightweight – no panels, no clutter ️ Wo.
Quoted from the listing. We have not tested these claims.
What to check first
- Where you download it. Only from its MQL5 page — copies passed around elsewhere can be altered.
- Updates and support. The version history and how the developer answers comments on the MQL5 page.
Free tool · from FxRobotEasy
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EASY Fortressby FxRobotEasy
Free MT5 account guard — daily loss limit and drawdown lock. It opens no trades.
- Get the installer on a Windows PCNo sign-up to download. On a phone, send yourself the link.
- Run it and sign in inside the appGoogle, Telegram or e-mail — about 10 minutes in all.
- Pick EASY Fortress and set your limitsIt guards the account and opens no trades.
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The team's notes, every day
- What we ship, what breaks and how we fix it
- EASY Fortress in our bot — set up from your phone, run it on a Windows PC
- Questions answered in the bot
Smart Risk Manager MT5 or EASY Fortress?
| Smart Risk Manager MT5 | EASY Fortress | |
|---|---|---|
| How you get it | Free on MQL5 | Free installer |
| Platform | MT5 | MT5 |
| Public account reports | — | Not applicable |
| Made by | Amirhossein Bakhtiari | FxRobotEasy |
Smart Risk Manager MT5 modelled Strategy Tester aggregate
As of December 6, 2025-3.61%
Simulated average ROI
27.09%
Simulated average drawdown
11
Simulated trades
1.59
Simulated profit factor
56.4%
Simulated win rate
2
Modelled scenarios
Subject: Smart Risk Manager MT5 averaged across FxRobotEasy modelled Strategy Tester scenarios — simulated, not live or broker-verified trading. Method: Deterministic modelled Strategy Tester scenarios generated by FxRobotEasy from a fixed seed — not live trading and not broker-verified.
Smart Risk Manager MT5 — questions
What is Smart Risk Manager MT5?
Smart Risk Manager MT5 is a MetaTrader 5 indicator published on the MQL5 Market by Amirhossein Bakhtiari, and it is listed at no charge. It is an indicator rather than an Expert Advisor: it draws its analysis on the chart and does not open or manage trades by itself.
Does Smart Risk Manager MT5 work on MT4 or MT5?
Smart Risk Manager MT5 runs on MetaTrader 5, not MetaTrader 4. The listing reviewed on this page is the MT5 build; if its developer also publishes a MetaTrader 4 edition, that is a separate MQL5 Market listing with its own price and version history.
Is Smart Risk Manager MT5 free to download?
Yes -- Smart Risk Manager MT5 is listed on the MQL5 Market at no charge, as recorded when its listing was last checked on 2025-11-26. The file is downloaded from the developer's (Amirhossein Bakhtiari) product page on mql5.com and installed into MetaTrader 5.
Is there a verified track record for Smart Risk Manager MT5?
FxRobotEasy has not traded Smart Risk Manager MT5 on a live account, so no independently verified track record for it is published here. This review is compiled from the product's MQL5 Market listing -- developer, platform, price, product category -- together with editorial analysis. Any back-tested or simulated figures shown alongside it are simulations rather than live trading results, and any performance claim you find for Smart Risk Manager MT5 elsewhere comes from its developer or from a third party.
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Product data from the MQL5 marketplace. Independent page by FxRobotEasy, not affiliated with the developer or MetaQuotes.
Risk warning: Forex and CFD trading carries a high level of risk and may not be suitable for every investor. Past performance is not indicative of future results. Read our risk warning and review methodology.