STANCEL MANUAL 1.020

What Stancel is

Stancel is a desk for MetaTrader 5 built for one specific situation: you're in the middle of a funded-trader challenge and you can't afford a bad day.

It is not a robot. It does not look for entries for you and it does not trade on its own. What it does is more boring and more useful: it shows you at a glance where you stand, calculates position size for the risk you have decided, and watches that you don't cross the challenge's limits even if you're not paying attention.

Stancel's desk, DASHBOARD tab

The problem it solves

A funded-trader challenge is rarely lost on one bad entry. It's lost on a bad day where three things stack up: a trade that goes wrong, a bigger one to make it back, and the daily loss limit crossed without anyone checking.

MetaTrader doesn't warn you about any of that. It shows you floating profit and little else: it doesn't know your challenge's starting balance, your daily limit, or how much room you have left before the funding firm closes your account.

Stancel does know, because you tell it once and from then on it watches it on every tick.

The three things it does, in order of importance

1 · It stops you before they stop you

You enter the challenge's starting balance and its two limits — daily and total — and Stancel constantly calculates how much room you have left. If you get close, it warns you. If you cross it, it closes.

This is the most valuable thing it does, and what justifies everything else: it's the only part that acts on the day you're not watching.

And it works even if everything else fails. With no internet and with no dependency on any outside service, the guard keeps watching and closing. It's built this way on purpose: a lock that stops you from closing a position is a lock that ruins someone.

2 · It sizes the position for you, and won't let you overshoot

You state how much you want to risk as a percentage, where the stop goes, and Stancel calculates the lots. No mental arithmetic, no phone calculator at three in the afternoon.

And if the result goes beyond what your risk allows, it doesn't round it up: it tells you.

3 · It shows you where you stand

Seven tabs with what you need to decide: the state of the challenge, the plan you've set on the chart, your real exposure, the day's session and news, your positions, your history and the settings.

All in one panel inside MetaTrader, with no extra windows and without leaving the chart.

What Stancel is NOT, said up front

What you need to use it

MetaTrader 5Any recent build. Does not work in MetaTrader 4
An accountDemo or real, with any broker
WindowsIt's where MetaTrader 5 desktop runs
Nothing elseNo DLLs, no installer, no admin rights and no account anywhere

Where to go next

If you've just downloaded it, go to Installing. If it's already set up and you want it protecting you straight away, go directly to First steps: there are two figures you need to set, and without them the guard has nothing to measure against.