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Smart Risk Monitor — Banana EA MT4 v6.0

The Smart Risk Monitor is the live on-chart dashboard built into Banana EA v6.0. It tracks real-time account drawdown, active circuit breakers, re-entry cooldown timers, and multi-instance status.

On-Chart Dashboard Overview​

The dashboard displays high-priority risk metrics in the top corner of your chart:

┌────────────────────────────────────────────────────────┐
│  Banana EA v6.0  │  EURUSD M5  │  Status: PROTECTED   │
├────────────────────────────────────────────────────────┤
│  Account Equity:     $52,450.00                        │
│  Daily Drawdown:     1.2% / 4.0%  [████░░░░░░]         │
│  Consecutive Losses: 1 / 3                             │
│  Re-entry Cooldown:  ACTIVE (14m 22s remaining)        │
│  Session Signals:    1 / 3                             │
└────────────────────────────────────────────────────────┘

Risk Evaluation Flowchart​

Key Protective Status Indicators​

1. Consecutive Loss Circuit Breaker​

  • Displays current consecutive losing trade count for the session (e.g. 1 / 3).
  • Trigger State: When the counter reaches MaxConsecutiveLosses (e.g. 3 / 3), the status changes to: PAUSED: Consecutive Loss Limit Hit.
  • Reset: Latches off until the daily session reset time (00:00 server time).

2. Re-Entry Cooldown Countdown​

  • Following a closed losing trade, the dashboard displays: COOLDOWN: 29m 59s.
  • Behavior: Fresh signal entries are blocked while the countdown is active.
  • Scale-Ins: Scale-in trades on already open positions remain permitted during cooldown.

3. Explicit Protection Reasons​

When an entry is rejected by Banana EA v6.0, the Smart Risk Monitor explicitly names the responsible module in chart comments and journal logs:

  • Entry Rejected: MaxConsecutiveLosses latched (3/3)
  • Entry Rejected: ConsecLossCooldown active (18m remaining)
  • Entry Rejected: MaxDailyDrawdown exceeded (4.1% > 4.0%)

4. "Silently Unprotected" Warning​

If a user sets MaxDailyDrawdownPercent = 0, MaxConsecutiveLosses = 0, and ConsecLossCooldownMinutes = 0, the Smart Risk Monitor explicitly displays:

Silently Unprotected Notice

Status: SILENTLY UNPROTECTED
All intraday risk rules are disabled (0). The EA will execute signals without circuit breakers or drawdown caps.

Dual-Instance Collision Warning​

If a trader attaches a second instance of BananaEA-Auto to another chart on the same account sharing the same MagicNumber or symbol configuration, the Smart Risk Monitor outputs a visual alert:

WARNING: Multi-Instance Collision Detected

Non-Blocking Alert

This warning alerts the trader to potential order management interference but does not block execution, ensuring valid multi-chart setups are not interrupted by false positive clock/ticket timing.