Most retail traders spend their time looking for the perfect entry signal. The traders who actually survive in the market spend their time on three things the entry barely affects: how much they risk per trade, where they place the stop-loss, and how they exit.

A money management expert advisor automates exactly those three jobs. Instead of recalculating lot size in your head every time spread widens or volatility shifts, the expert reads your account balance, your stop-loss distance, and your target risk percentage, then sends an order with the volume that matches. The math is the same math you would do on a calculator — just done in milliseconds, every single trade, with no chance of a typo on the lot field.

Most position-size calculators stop at the math. The Money Management Expert handles the full life cycle of a trade:

• Pre-trade. Set risk once — 1% of balance, $50, or a fixed 0.10 lot — and the panel calculates volume for every new setup automatically.
• Order placement. Drag the SL and TP lines on the chart until the setup looks right. The expert recalculates volume and dollar risk on every drag.
• Trade management. Hit BE to move stop-loss to entry. Hit RF to lock in a small profit. Hit 50% / 25% / 10% to close fractions of the position at each target.
• Review. Every trade is automatically logged with chart screenshots. Open the Brokersift dashboard and your live win rate, R-multiple, profit factor, and equity curve are already calculated.

Most traders end up running three or four separate add-ons alongside their order tool: a session overlay indicator, a candle timer, a screenshot capture utility, and an external journal app. Each adds friction. The Money Management Expert puts all of them inside the panel. The result is a single MetaTrader add-on that replaces a stack of smaller ones.

The Money Management Expert is most useful for discretionary traders who want their attention on the chart, prop firm challenge traders who must respect strict drawdown limits, and traders trying to find their edge through data. The dashboard's per-symbol, per-day, and per-hour breakdowns turn vague feelings into measurable facts.

Both the MT4 and MT5 versions of the expert are free. They are not “lite” editions of a paid product — every feature on this page is included. One license key activates up to five MetaTrader accounts. The same key covers your demo, your live account, and any prop firm challenges you run in parallel.

Yes. Both the MT4 and MT5 versions are free to download from this page. There are no in-app purchases, time limits, or feature locks. One license key activates the expert on up to five MetaTrader accounts.

Yes. The MT5 build is the recommended version for modern brokers and prop firms. The MT4 build is maintained for traders whose broker or prop firm is still on MetaTrader 4. Both share the same core risk model and trade-management buttons.

It reads three values: account balance, distance in points between your entry and stop-loss, and the symbol's tick value. It then computes the exact volume so that hitting the stop-loss loses exactly the percentage (or fixed dollar amount) you set as risk. The math runs live on every drag of the SL line.

Yes. One license activates up to five MetaTrader accounts. The first five accounts to connect are bound automatically. If you need to free a slot — for example, to move the license from a closed prop challenge to a new one — contact support.

Yes. The expert is a manual-trading panel — it never opens trades on its own and never violates risk rules. Prop firms generally treat it like any other discretionary tool. As always, check your specific prop firm's EA policy before live trading.

Yes, on MT5. The MT5 build automatically detects whether your account is hedging or netting and adapts order placement accordingly. MT4 is hedging-only by design.

Any symbol your broker offers in MetaTrader: forex pairs, indices, gold and silver (XAUUSD / XAGUSD), oil, and crypto CFDs. The lot-size math reads tick value directly from the symbol, so calculations are correct on non-forex instruments without manual adjustment.

The expert only sends orders when you click Set. Once an order is on the broker, the stop-loss and take-profit are stored on the broker's server and execute even if MetaTrader, your computer, or your internet connection goes offline.

A calculator gives you a number — you still have to type it into the order ticket and click. The Money Management Expert combines the calculator, the order ticket, the SL/TP lines, the trade-management buttons, and a full performance dashboard into a single panel. From signal to executed and reviewed trade is one workflow instead of five separate steps.

Yes. Every executed trade is automatically pushed to your private dashboard on Brokersift with symbol, direction, entry, exit, stop-loss, take-profit, lot size, gross P/L, commission, swap, net P/L, R-multiple, ticket number, source, and chart screenshots taken at entry and exit. You can add free-form notes and tags to any trade later.

Win rate, total P/L, R-multiple, profit factor, max drawdown, average win/loss, win/loss streaks, daily heat map, equity curve, and four breakdowns (by symbol, day, hour, and R-multiple distribution). The dashboard is the same one used on our free Trading Journal page — see that page for the full feature list and screenshots.

Yes. The Recent Trades table on the dashboard supports filtering by symbol, time period, side (Buy / Sell), and result (winners / losers). Click Export CSV to download the filtered view — useful for tax filings, prop firm audits, or feeding the data into your own spreadsheets.

Yes. Tokyo, London, and New York sessions are built in. Toggle the Sessions tool from the panel and the three sessions appear as coloured zones on your chart.

Automatic. The expert captures the chart at the exact moment a trade opens and again at the exact moment it closes. Both images are attached to the trade in your dashboard.

Use the contact form on Brokersift, or watch the setup tutorials linked higher on this page. Most issues come from one of two things: WebRequest is not enabled in MetaTrader's Tools → Options → Expert Advisors, or AutoTrading is not turned on in the toolbar.