Trade Position and Back Testing Tool MT5
- Issam Kassas
- Version: 1.0
- Aktivierungen: 20
This Tool is 100% Better Than the Tradingview Risk/Reward tool! And YES It works on All Markets!
What is The Risk to Reward Ratio Tool?
The risk/reward ratio measures the difference between a trade entry point to a stop-loss and a sell or take-profit order. Comparing these two provides the ratio of profit to loss, or reward to risk.
You might already be Familiar with the Trading view risk/reward tool, Well our Tool can do better than that, Because our Risk To Reward Ratio Tool can do all of the following:
- Back Testing: you will be able to show buy and sell historic trades with all the necessary Info.
- Calculate Lot size.
- Calculate Stop Loss in pips and $.
- Calculate the Take Profit in pips and $.
- Calculate the X% risk of the balance automatically.
- Calculate the X% of a fixed amount!
- Show TP level values like pips, $, % Win and Price.
- Show SL level values like pips, $, % Win and Price.
- Can move all over the chart.
- Respects the Risk to Reward ratio using the lock line function.
- Customise the colours the way you like!
Now let me Ask you a question, Can the Trading View Tool Do all of this?! I don't think So!
This Complex Algorithm Has been developed over an extended period of time by a very professional coder, who will stop at nothing to make this Tool the best ever in the market by regular Future Updates and very creative Add on Ideas, and we will make sure you get notified whenever new updates are released.
How Much Does it Cost?
The Lowest Price that Any Indicator on MQL5 Site can Cost is $30 Of Which they will Take 20%!
So basically the cost is Minimum Possible!
Knowing the The Right Pricing of this Indicator can go up to $90 .. (Will It be changed to $90 in the future PROBABLY).
So It's Good chance for you to get It Now!
What's the formula used?
The Tool has a Smart algorithm that can be used on all markets and instruments.
How can I use this indicator as a trader?
As the name Indicates The Risk to Reward ratio will help you:
Calculate the Risk and Reward in pips and money.
Show you the Sl and Tp levels with Precise Price point,
Calculate the % risk of your balance.
Help you measure the entry and exit points.
Can be used as a back-testing tool to measure past trades.
How to integrate This Tool in my trading?
When professional traders look for trades they use this tool to help facilitate their trading and also help save them a lot of time.
By using this tool before opening a trade you will know exactly your entry point and your exit point as well as the lot size that will be automatically calculated for you once you input the 1% risk of the balance in the table.
So all you have to do is use the lot size mentioned on the tool, open the trade and drag the Sl and Tp to the Level provided by the tool.
So why not Add this Tool to your trading Box!
Does it have the Hide and Show Button with Hot key?
Yes.. you can click the button and use X keyboard to Hide/Show the tool.
What can I control in this indicator?
This indicator offers full control over everything:
1- Complete control over the appearance and colours.
2- Complete control over the Alerts.
3- Control to show or hide the Trends Panel and the tool.
4- Use the hotkey of your choice to hide/show the Tool.
Leave a review please.
Hit me with suggestions, and ideas for improvement.
Add me @: https://www.mql5.com/en/users/dubaiforexgroup I will be happy to answer any questions :)
This Tool is a WINNER!!! This is by far the best Risk to Reward Ration tool that I've found here and yes better thank Tradingview. It works with MT4 and MT5. I really like the magnet feature where the entry for the tool is automatically placed where price. After snapping the magnet, all you have to do is adjust the stop loss and take profit. Lot size calculates automatically. I would like to see multiple take profits built into the tool :) This would be amazing!!!