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Risk Management

Risk management settings control how BananaEA calculates position size and limits exposure. These settings do not remove trading risk and should be reviewed before the EA is used on any account.

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This page explains the EA inputs. It is not financial advice. Choose risk settings according to your account rules, broker conditions, and personal risk tolerance.

Position Sizing Methods​

BananaEA can support different lot-sizing methods depending on version and configuration.

Common methods are:

  • Risk percent: lot size is calculated from a percentage of account equity or balance.
  • Fixed amount: lot size is calculated from a fixed account-currency amount.
  • Fixed lot: the EA uses the same lot size for each trade.

The exact input names may vary by EA version.

Risk Percent​

Risk percent calculates position size from a percentage value.

Example workflow:

  1. The EA reads the selected risk percentage.
  2. The EA checks the stop-loss distance.
  3. The EA calculates a lot size based on the account value, stop-loss distance, and broker symbol specifications.

Review Points​

Check that:

  • the stop loss is present and correct
  • the broker tick value and contract size are correct
  • the calculated lot size is within your account rules
  • total open exposure stays within your own limit

If the lot size looks unexpected, check broker symbol specifications before assuming the EA calculation is wrong.

Fixed Amount​

Fixed amount sizing uses a fixed account-currency amount as the risk input.

Use this method when you want the EA to calculate lot size from a specific money amount rather than a percentage.

Review Points​

Check that:

  • the account currency is understood
  • the amount is suitable for the account size
  • stop-loss distance is not so small that it creates an oversized position
  • broker minimum and maximum lot rules are respected

Fixed Lot​

Fixed lot sizing uses the same lot size for each trade.

This is simple to understand, but the money risk can change from trade to trade because stop-loss distance can change.

Review Points​

Check that:

  • the selected lot size is allowed by the broker
  • the lot size remains suitable when stop-loss distance changes
  • the same lot size is still appropriate across different symbols
  • the account has enough free margin

Multiple Open Trades​

If BananaEA can open or manage more than one trade, review the combined exposure.

Check:

  • maximum number of open trades
  • total risk if several trades lose
  • correlation between traded symbols
  • margin use
  • whether manual trades are also open on the account

Do not review each trade in isolation if the account can hold several positions at the same time.

Daily Or Account-Level Limits​

Some EA versions include daily loss, equity, or session controls.

These controls are intended to reduce activity when account conditions reach a configured limit. They are not a substitute for monitoring the platform.

Check:

  • whether the control is enabled
  • whether the limit is based on balance, equity, or closed trades
  • when the daily period resets
  • whether open trades are closed or only new trades are blocked
  • whether the setting matches broker server time

Testing Risk Settings​

Before live use, test risk settings on demo or in Strategy Tester.

Check:

  • expected lot size
  • stop-loss placement
  • free margin after trade entry
  • behavior when spreads widen
  • behavior when several signals occur close together
  • Journal and Experts tabs for order errors

If the test does not match expectations, stop and review the settings before continuing.