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Risk Reward Setter

This is a simple risk/reward setter. You enter your TP and SL in the currency amount and it sets it for you, you set your targets in money (not in pips), it helps beginners who are still learning about risk/reward ratios to set their risk/reward based on their capital or amount of money. For example, if you want to risk $3 to make $10, you just fill it in and it sets your order targets accordingly.

  • You can set the TP and SL per chart or all opened charts only.
  • Please make sure your targets are realistic, do not open a very small position and set an unrealistic reward target.
  • If you are having any problems running, it please do let me know.


Parameters

  • period - work for any period as it only adjusts your SL and TP
  • Settings - you have three inputs in the settings
    • Apply To: Pair (only the linked chart) / Account (all open orders)
    • Take profit in money: amount of money you need your TP to be set to.
    • Stop loss in money: amount of money you need your SL to be set to.
    • Make sure live trading is checked to be able to adjust your opened positions and future ones.
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PZ TRADING SLU
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Trade like a time traveler thanks to latency arbitrage Everyone knows that the best way to make money in the markets is by knowing the future. Have you ever wished to know the future price of something in advance? Even if it were just a few days, hours, or minutes ahead? What if it were possible to know it but with less than a second of advance notice? That's precisely what the PZ Latency Arbitrage EA robot does. PZ Latency Arbitrage EA is your personal time machine: but it can only travel into
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The Expert Advisor will protect your account from unexpected losses by constantly monitoring the equity and follow the rules as per input in the parameters.  When the rules are breached the EA will close all trades.  You can set the EA to close all trades at a certain percentage or money loss, or to close at a certain percentage or money profit.  This utility is very useful for Prop Trading Challenges to keep the draw down low and to protect your equity! My signals and other products can be f
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Utilitaires
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MEETALGO LLC
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The top-selling EAs on the market cost a lot and one day they are suddenly gone. This is because one strategy will not work in the forex market all the time. Our product is unique from all others in the MQL Marketplace because our EA comes with 34+ built-in indicators that allow adding more strategies every time.  You build your strategy and keep updating it. If one strategy does not work, simply build another all using only one EA. This is All-In-One EA in this market place. You can use as trad
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5 (1)
Utilitaires
NEW VERSION!  Open Multiple Trades on MT4 in 1 click at one price. Enter the Lot size Specify the number of trades you want to open Choose whether you want TP SL or Trailing Stop Once you are done, click Buy or Sell Open Multiple Pending Orders on MT4 in 1 click at one price. Enter the Lot size Specify the gap from the current price, where you want to place the pending order Specify the number of trades you want to open Choose whether you want TP SL or Trailing Stop Once you are done, click Buy
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The most advanced news filter and drawdown limiter on MQL market NEW: Take a Break can be backtested against your account history! Check the " What's new " tab for details. Take a Break has evolved from a once simple news filter to a full-fledged account protection tool. It pauses any other EA during potentially unfavorable market conditions and will continue trading when the noise is over. Typical use cases: Stop trading during news/high volatility (+ close my trades before). Stop trading when
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ROBERT URBANSKI
5 (1)
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The Best One Scalping Trade Panel functional manual trade panel with risk reward, auto SL by candle ( original solution), lot size calculation, one-click trading, scale in and out of trades (partial close),  Works with all symbols not just currency pairs, perfect works on DAX, NASDAQ, GOLD, ...... I earn every day during live stream on ZakopiecFX - join Me Risk by lot Risk by percent SL by points SL by Candle, Renko, RangeBar ( original solution) TP by point TP by Risk/Reward Auto Trailing b
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5 (2)
Utilitaires
Layer Master is a tool kit that helps send and manage layers of Orders for traders that like to manual trade using Grids or to cover an entry area with orders.  Features: It is capable to send hundreds of Buystop / Sellstop / Buy Limit and Sell Limit orders in a quick and simple manner.  Enter the order type you want, key in the number of orders, order size, SL and TP- Then hit the Draw Zone button. Select your order area and then hit send! Send hundreds of orders to the market in one action
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Utilitaires
The added video will show you the full functionality, effectiveness, and simplicity of this trade manager. Drag and Drop Trade Manager. Draw your entry and have the tool calculate the rest. Advanced targeting and close portions of a trade directly available in tool (manage trades while you sleep). Market order or limit order on either side with factored spread. Just draw the entry, the tool does the rest. Hotkey setup to make it simple. Draw where you want to enter, and the stop loss, the tool c
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Kaijun Wang
5 (18)
Utilitaires
[跟单系统] T he most friendly Copier interactive interface, the most abundant easy-to-use functions, and the best Copy solution.    EASY   : Easy to use, load and select the Master or SLAVE to use easily  FAST:   Quickly copy orders, algorithmic optimal follow-up mechanism, priority calculation of new signals, priority queue processing received special signals Multiple:   1. Support multiple signals to be sent at the same time, multiple accounts can select multiple accounts to copy at the same time
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Version 1.61 2024.08.15
- Changed links in the about section to link to my MQL5 profile
Version 1.5 2020.07.09
link correction
Version 1.4 2020.07.08
copyright link changed
Version 1.3 2017.08.14
- When SL is set to 0 trail stop now works fine.
Version 1.2 2017.08.08
- Check current sl/tp levels of orders instead of updating everything and spamming broker's server.