Risk Reward Ratio Forex Indicator for MT4 & MT5
- This is the forex visual orders tool & forex position size (lot) calculator with intuitive panel.
- If you want to place orders easier, faster and more intuitive?
- If you like to mark trade entry and exit points on charts?
- If you need to control the risk of each forex transaction?
- If you want to save your time for manual calculations of position size, risk to reward ratio, amount of loss and profit in account currency?
- This tool is suitable for you!
- Forex Risk Reward Ratio Indicator for MetaTrader platform makes your trading easy and professional. It performs all necessary calcualtions for you and allow to control your trades. Thanks to this you can make decisions about trades faster and more consciously. This indicator save your time. Trade like a pro with the best fx tools.
- Using Risk:Reward ratio in trading
- Using the Risk Reward Ratio for the MetaTrader platform, you will be able to estimate the risk of each transaction opened on the forex market. Thanks to this forex tool, you can check the risk to reward ratio of each planned trade and exactly check the size of your potential profit and possible loss in the account currency.
- Forex Lot Size Calculator
- You can also use this indicator as a forex lot size calculator. In the indicator's parameters, set the maximum percentage of capital that you can lose on a single transaction. Then, move stop loss line on the chart to set trade exit level on the loss and indicator will automatically calculate the lot size. Thanks to this indicator you will never have to manually calculate lot size saving a lot of time. Using the Risk Reward Ratio Indicator, you will be aware of risks of forex trading and placing orders will be quick and easy.
- How to use Risk Reward Ratio forex tool
- Using Risk Reward Ratio indicator, you can simply control your current orders and future orders by setting Stop Loss and Take Profit in appropriate distance to open price.
- To draw Open, Stop and Target lines, you should click on Draw RiskRewardRatio button and than click on chart in place where you want to place Open line. Each line you can select by double clicking and move in any direction. When you are moving lines, indicator constantly updating values at lines.
- You can also put indicators line on opened position or placed pending order to read its risk to reward ratio.
- Indicator is available in two versions, for MetaTrader 4 and for MetaTrader 5:
- You can also check demo version for EURUSD pair:
- There are available scripts allowing placing orders:
“I use your indicator a lot! Makes it so much easier in taking positions. I don't have to go to a website anymore to calculate lots. Thank you so much for such a useful indicator :)”
“Incredibly useful tool/indicator for seeing on chart monetary risk in terms of percentage and also values at modelled stop loss and take profit levels. One time purchase is also better value than other 'subscription' based RR indicators. Works on all currency pairs and instruments available in MT4/5. Great time saver and highly recommended. The developer went over and beyond in reconfiguring the executable to be able to work on my particular Mac based virtual machine version of MT4. Exceptional.”
“if you''re a serious trader then this indicator must in your list . Recommended !”
“Simply the best Risk Reward indicator I have used, author also updates it and adds good features”
“Very happy with the indicator. It does the job of what is says and does it rather efficiently. I have requested a feature for the ability to add comments automatically when sending market or pending orders. Developer is looking into it. No regrets on this purchase.”
“Great tool I'd advise anyone looking to better their trading to buy. I Have only used it for a brief time but already I can see it being massively beneficial to improving the trades I take, and mitigating high risk trades. Something I have already learnt from this tool is the fact that although a trade with high reward may seem better on the surface, it is a lot better to take a trade with low risk, and add to the lot size. 10/10”
“I have been using this tool for almost a year now, I haven't experienced any technical errors and it has made it easy for me in terms of allocating my risk. I recommend it 100%.”
“After I have been using your product from my demo account, congratulation for such a wonderful product, you did a wonderful job. It help us to stay focus and more importantly, we know exactly how much we are risking and how much we are looking to get out of it. I am sure, if your product was not good, you would have received a number of criticism for it, but because it is not a deceiving product, you ought to be congratulated for it. Again, even I had paid for your product, I don't think that I can thanks you enough for this wonderful product, keep it up, thanks.”
“I've tried many risk management tools and this one has to be king! Highly recommended!”
“Great tool, has everything I need. Especially being able to use money based risk is very useful to me. You can quickly set TP SL and enter trades with the scripts. Have not seen anything that offers it this compact!”
“excellent tool. massive help when taking trades. couldn't trade forex without it.”
“Amazing indicator. super superb!!!”
“Awesome. Perfect tool to work out risk/reward.”
“Wonderful tool! It's very useful for the followers of price-action strategy, and save our time. supporting is timely and helpful.”
“Yes, thats it! Works great. Never calculate the size again. Thanks!!!”
“Great tool! Simple, easy to use yet very helpful. Support responds to queries. Would recommend.”
“I have been using this tool for the last couple of weeks and I had to leave a review. It does exactly what it says on the tin and is an extremely useful tool for quickly calculating your positions based on your risk. In addition to it being a great tool, the support is also excellent based on the one time I needed to contact the developer. Thumbs up from me!”
“Exelent stuff! I always kept losing my money due to bad MM. I am not really good to calculate RRR. This tool is fantastic, does the job for me. Manual beautifully explained. Worth the money.”
“An extremely useful tool for quickly calculating risk reward ratios and the appropriate lot size risked as a percentage of your account. Before I was manually trying to calculate the lot size to keep my trades at 1.5% of my account. Now this calculates it for me instantly. Highly recommended!”
“Although a simple little indicator, I find the best ones are! This helps with setting stops and targets and makes sure that you are on the right side of risk reward. Simple to use. I use this all the time. Thanks.”
“Brilliant indicator. Being able to visually set your TP and SL and know precisely what RR you are getting is critical to good money management. And the new features, including the ability to set the Risk as a fixed dollar amount, are just excellent. This is a fantastic indicator and I use it extensively on all of my trading accounts, across both MT4 and MT5. Highly recommended!”
“This indicator is essential for my trading. In fact, this indicator is similar to the one my course coach uses, it saves time and is essential for proper money management. Thanks!”
|Risk Reward Ratio Pending Order Sender - MT4|
|Script to place pending orders based on Risk Reward Ration indicator lines - version for MetaTrader4.||DOWNLOAD|
|Risk Reward Ratio Order Sender - MT4|
|Script to open market orders with stop loss and take profit distance set by Risk Reward Ratio indicator lines - version for MetaTrader4.||DOWNLOAD|
|Risk Reward Ratio Pending Order Sender - MT5|
|Script to place pending orders based on Risk Reward Ration indicator lines - version for MetaTrader5.||DOWNLOAD|
|Detailed user guide for Risk Reward Ratio Indicator||DOWNLOAD|