# 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.

### 🍌 AIMS Interactive Trade Risk & Lot Size Calculator

Stress-Free Math

Account Balance ($)$



50,000

50000

$



5



k$



10



k$



50



k$



100



k$



200



k

Risk Per Trade (%)1



%

1

0.25



%0.5



%1



%2



%

Stop Loss Distance (



pips



)20





pips

20

Instrument / Market

Forex (EUR/USD, GBP/USD — $10/pip/lot) (forex)

Recommended Lot Size

2.5Lots

Cash at Risk (1R)

-$



500.00

PC1 Target (3R)

+$



1500.00

Bank 25%: +$



375.00

Potential 23R Big Runner

+$



11500.00

Stop moved to Breakeven (+1 pip buffer) after PC1 milestone.

**☕ Immy's Doctrine:** *"A stop loss is an operational business expense, not a defeat. Let the EA do the sweating while you sip your tea."*

Sample size rule: Execute this exact risk across 20 to 100 trades. Consistency beats prediction every time.

Ask iMi to Validate This Setup 🤖

***

## Prop Firm Evaluation & Drawdown Guard[​](#prop-firm-evaluation--drawdown-guard "Direct link to Prop Firm Evaluation & Drawdown Guard")

For funded challenges and prop firm evaluations, configure your Banana EA drawdown boundaries to protect against daily breach limits:

### 🛡️ Prop Firm Drawdown & Daily Loss Shield

Challenge Protection

Funded Challenge Tier$



100,000

$



10



k$



25



k$



50



k$



100



k$



200



k

Max Daily Drawdown Limit5



%

4



% 5



%



(Standard FTMO/Prop)

Max Overall Trailing Loss10



%

10

Max Allowed Trades Per Session / Day2



Trades

1





Trade2





Trades3





Trades4





Trades

Safe Risk / Trade

1



%

$



1000.00



cash risk

Daily Breach Line

-$



5,000

Hard stop on the day

Banana EA Inputs Tab Setup:

Percent risk per trade:**1%**

Max counted signals per session:**2**

Max open portfolio risk percent:**2%**

Reduce risk below start/peak:**true (enabled)**

**☕ Immy's Prop Rule:** *"In prop evaluations, capital defense is 90% of the game. Risk 0.5% per trade. If you take two consecutive losses in a session, close the terminal, sip your tea ☕, and let the market breathe until tomorrow."*

Configure Banana EA for This Prop Challenge with iMi 🤖

***

## On-Chart Dashboard Overview[​](#on-chart-dashboard-overview "Direct link to 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[​](#risk-evaluation-flowchart "Direct link to Risk Evaluation Flowchart")



***

## Key Protective Status Indicators[​](#key-protective-status-indicators "Direct link to Key Protective Status Indicators")

### 1. Consecutive Loss Circuit Breaker[​](#1-consecutive-loss-circuit-breaker "Direct link to 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[​](#2-re-entry-cooldown-countdown "Direct link to 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[​](#3-explicit-protection-reasons "Direct link to 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[​](#4-silently-unprotected-warning "Direct link to 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**<br />All intraday risk rules are disabled (`0`). The EA will execute signals without circuit breakers or drawdown caps.

***

## Dual-Instance Collision Warning[​](#dual-instance-collision-warning "Direct link to 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.