Description: 

The Capital Management Bot for MetaTrader 4 & 5 is designed to help traders manage their risk by ensuring they only risk a set percentage (2%) of their capital on each trade. When a trader creates a trade and defines the number of pips, the bot calculates the appropriate lot size based on the trader's account balance, the pip distance, and the chosen currency pair. This automated process ensures that traders maintain consistent risk management across multiple trades without manual calculations.

Key Features:

• Risk Management: Automatically calculates the lot size based on a fixed risk percentage (2% of capital).
• Trade Calculation: Determines the appropriate lot size based on pip distance, account balance, and selected currency pair.
• Automation: Eliminates manual calculations, reducing errors and increasing efficiency in trade management.
• Capital Protection: Ensures traders are only risking a small percentage of their capital per trade, promoting safer trading practices.
• Real-Time Integration: Integrates seamlessly with MetaTrader 4 & 5 to manage capital in real-time.

Technologies Used:

• Trading Platform: MetaTrader 4 & 5 (MT4-5)
• Programming Language: Python
• Risk Management: Capital risk control based on percentage of balance
• Market Data: Real-time trade and pip data integration