Risk Controller | MouryaRisk Controller | Mourya - Complete Indicator Guide
Overview
Risk Controller | Mourya is an institutional-grade, real-time risk management matrix and position layout dashboard built directly onto your chart. Instead of forcing traders to context-switch between spreadsheets and their charting screen, this terminal brings complete mathematical clarity to active position-sizing, trailing stops, real-time tracking, and multi-tier target distributions. Designed for both professional execution and sleek workspace integration, it features absolute flexibility from pure cash or spot accounts to heavily leveraged derivative trades.
How to Use (Setup and Workflow)
* Apply the indicator to your chart and open the settings menu.
* Select your Position Type (Long or Short) and pick your preferred currency symbol from the dropdown menu.
* Enter the exact Quantity or Shares you are trading.
* Enter your Leverage multiplier. If you are using a standard spot or cash account without leverage, enter 0.
* Choose your Brokerage Fee type (Fixed Value or Percentage) and enter the corresponding fee amount so the dashboard can calculate your true net profits.
* Enter your total account balance into the Net Cash Available field to enable automatic account risk percentage tracking.
* Set your levels visually by clicking the price lines directly on your chart to wake up the PulseWire drag handles, then drag your Entry, Stop Loss, and up to 4 Take Profit targets to your desired locations.
* If you prefer strict mathematical targets instead of dragging lines, type a value into the Percentage Overrides settings to automatically lock a Take Profit target to an exact asset percentage move.
* Customize your workspace by navigating to the Dashboard Settings to move the terminal to any corner of the screen, scale the overall size from tiny to huge, and select custom colors for the header background, header text, and chart lines.
* For a quick reset when scanning multiple tickers, open the settings menu, click the Defaults button in the bottom left corner, and select Reset Settings to wipe the board clean back to zero.
How it Works (Core Features)
* Interactive Chart Synchronization: Bypasses manual price typing by letting you drag and drop your target lines on the live chart. The dashboard matrix instantly recalculates all metrics the moment you release the line.
* Live P and L Tracking Module: A dedicated real-time row sits beneath your entry, constantly tracking your exact active Profit and Loss, tick distance, and live Return on Equity (ROE) as the market moves tick-by-tick.
* Trailing Stop Loss Support: The mathematical engine adapts instantly. If you drag your Stop Loss line past your Entry price into profit territory, the dashboard flips its internal logic, converting the red loss metrics into secured green profits.
* Percentage Overrides: Overrides your manual chart line placement, locking in exact percentage-based profit targets while keeping the Stop Loss manually adjustable.
* Dynamic Hide Logic: Automatically collapses and hides Take Profit rows 2, 3, and 4 on your dashboard if you leave their values at zero, keeping your screen clutter-free.
* Account Risk Diagnostics: Evaluates your Stop Loss distance against your Net Cash Available to show the exact percentage of your total account at risk. It also flashes a critical margin warning if your required margin exceeds your cash balance.
* Margin and Breakeven Engine: Identifies the actual cash margin required to open the position and calculates the exact asset price you need to hit to exit the trade at absolute zero after all entry and exit brokerage fees are deducted.
* True Return on Equity (ROE): Scales your return metrics accurately. If you input 0 leverage, it mirrors the raw asset movement. If you input leverage, it calculates the amplified return strictly on your invested margin.
* Risk-to-Reward (R:R) Tracking: Instantly evaluates the structural viability of your trade setup by calculating the ratio between your Stop Loss risk and Take Profit 1 potential.
* Wick-Sensitive Hit Engine: Mimics real broker limit fills by actively tracking live high and low wicks instead of waiting for a candle to close. The moment a price touches your Stop Loss or Take Profit, the dashboard row flashes in vivid solid colors (Institutional Green for TP, Red for SL) and the chart label flashes yellow.
* True Market Context Module: Calculates the exact percentage distance between the real-time live price and critical historical extremes. Includes today's High/Low, a mathematically pure 52-Week High/Low (calculated using exactly 252 trading days to account for weekends and holidays), and the All-Time High/Low.
* Context Toggles: Allows you to independently check or uncheck the Day, 52-Week, and All-Time context metrics to save screen space when you do not need them.
* Built-in Settings Tooltips: Every single input in the settings menu features an integrated guide next to the small info icon explaining its exact function and mathematical behavior.
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