The trade after the loss
After a loss, the next trade is often the worst one. This tool calculates the position size from a fixed risk, asks three questions before every order and pauses after losses.
Spontaneous trades and revenge trading have burned me many times. I know the pattern from my own screen: a quick entry without a plan, because the move looks as if it is leaving without me. A loss. And then the next trade, not because there is a setup, but because the loss has to go. Bigger, faster, worse.
Knowing this does not stop it. In the moment the hand is faster than the head. So I stopped relying on the head and built something that sits between the impulse and the click.
Algorex Trade Pilot sizes every trade from a fixed risk: you drag the stop line, it calculates the lot. Before BUY and SELL unlock, three boxes must be ticked: setup valid by my rules, stop at a logical level, size and risk checked. It takes seconds. Those seconds are the point.
The Tilt-Lock is the part I built for the bad days. It reads the closed trades of the broker day, by default every trade on the account, manual ones included. After every loss it pauses the panel, 30 minutes by default, with a countdown. After three losses, or a daily loss of three percent, it locks the panel until the next broker day. To lift it earlier you have to remove the tool or change its settings: a deliberate step, not a reflex.
It is honest about its limits. It locks its own buttons, not MetaTrader: the order window and other expert advisors stay open. It is a brake for the trader who decides to trade through the panel, not a cage.
Free for MetaTrader 5 and MetaTrader 4.
