Risk Reward Tool

[Mrsooduraske]

Risk Reward Tool is script for trade and risk management by the panel and lines visible on the chart. The panel allows to draw and move trade lines on the chart: open price, stop loss and take profit line (with chosen color and style). EA calculates for them Risk Reward Ratio and possible profit/loss in account currency (based on chosen position size). The lines can be adjusted to the current price (to open market orders) or can have fixed RR (chosen value) between SL and TP. Lines can be moved on the chart and set on any level which later might be the real level of opened trade. It is also possible to remove TP and remove all lines when they are not necessary. Only one set of line is possible to apply on one chart. When lines are applied on the chart, the panel allows to open trades on chosen level pending (if price is above/below current market price) or market (when price is on the current Ask/Bid price). Lot size for the opened trades is set by the buttons and edit windows (lots, risk and cash) on the panel. There are four options for lot calculation: fixed lot size, lot based on risk from account balance, lot based on risk from account equity or lot based on chosen cash amount…

 

FX Merge Risk Tool MT4.ex4 FX Merge Risk Tool MT5.ex5

[⭐ analyst75]

This would be great but most people don't seem to care about it.


 

 

Profits from games of knowledge: https://www.predictmag.com/ 

[Pixie Pips]

Risk-reward analysis is the practice of weighing the expected risks and rewards of A/B testing and arriving at the best statistical design based on the trade-offs involved. The results of the risk-reward analysis were the optimal significance threshold and test duration/sample size.

[Mrsooduraske]

On 2/13/2022 at 10:01 AM, analyst75 said:

This would be great but most people don't seem to care about it.

Just check pdf with all information about risk-reward, is good tool and help with trading.

 

[Mrsooduraske]

You can download here pack with the Risk Reward Ratio tool and pdf

[Hanan Öberg]

I prefer long-term trading which refers to the complete professionalism but traders are mostly allergic to this type of trading as it takes much time and the return from it is quite uncertain. Eurotrader allows traders with handsome amount of welcome bonus that increases traders’ capital.  

[uncle gober]

Given that forex carries high risks, it is essential for traders to pay attention to and manage their risks well. Traders should also remember to regularly sharpen their skills so that they can continue to improve and conduct better forex trading on a real account with Tickmill.