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Risk Rewa Ratio Calculator RRR MT4

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Published: 2 January 2025

Current version: 1.6

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Risk Rewa Ratio Calculator RRR MT4

Utilities
Eda Kaya
Version: 1.6
Updated: 8 January 2025

Risk Reward Ratio Calculator Indicator MT4 - Free Download

Risk Reward Ratio Calculator Indicator for MT4 - Free

Meta Description: Free download of the Risk Reward Ratio Calculator for MT4 - Calculate the risk to reward ratio of every trade - Set take profit and stop loss levels

The Risk Reward Ratio Calculator Indicator is a practical tool that helps traders easily define take profit (TP) and stop loss (SL) levels, while calculating the risk-to-reward ratio (R/R) for each trade. This indicator includes a management panel where traders can set the TP, SL, and R/R values.

The indicator displays TP and SL levels as green and red boxes, respectively. These boxes are adjustable, allowing traders to either manually set the levels or input the number of pips for more precise control.

Specifications Table for the Risk Reward Ratio Calculator Indicator

The table below outlines some of the key specifications of the Risk Reward Ratio Calculator Indicator:

Category	Trading Tool - Capital Management - Risk Management
Platform	MetaTrader 4
Skill Level	Beginner
Indicator Type	Risk and Capital Management
Timeframe	Multi Timeframe
Trading Style	Scalping - Intraday - Medium Term - Long Term
Market	All Markets

Overview of the Indicator

The management panel of the Risk Reward Ratio Calculator Indicator offers several useful features, including:

Displaying the remaining time for the next candle (Time to the next bar);
Setting the stop loss level in pips (SL Pips);
Configuring multilevel take profit settings.

Indicator Settings

A detailed examination of the management panel for the Risk Reward Ratio Calculator Indicator reveals the following features:

ALT: Settings of the Risk Reward Ratio Indicator in MetaTrader 4.

Caption: Exploring the functionality of the management panel for the Risk Reward Ratio Calculator Indicator.

Light/Dark: Adjust the theme of the TP and SL boxes.
Time to the next bar: Displays the time remaining for the current candle to close.
Levels: Multi-level take profit settings.
SL Pips: Set the stop loss level in pips.
Buy: Configure TP and SL levels for buy trades.
Sell: Configure TP and SL levels for sell trades.
Delete: Remove all elements.
Horizontal: Toggle the panel orientation between horizontal and vertical.
Rate TXT: Customize the display of TP levels as percentages or "TP1, TP2, …".

Conclusion

The Risk Reward Ratio Calculator Indicator is designed to calculate the risk-to-reward ratio (R/R) for each trade while managing take profit (TP) and stop loss (SL) levels.

The indicator automatically computes the R/R ratio and visually represents the TP and SL levels as boxes on the chart, using predefined values that align with the trader's strategy.

more...

genadi 2025.01.08 16:05 #

Спасибо,удобно.

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Filter:

genadi 2025.01.08 16:05 #

Спасибо,удобно.

Version 1.6 2025.01.08

Bug fixed