Scripts: Auto SL TP by Risk Reward Ratio
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Auto SL TP by Risk Reward Ratio:
The Auto SL TP by Risk Reward Ratio script is a simple yet powerful tool designed for MetaTrader 5 traders who want to streamline their risk management process. This script automates the process of setting Stop Loss (SL) and Take Profit (TP) levels for open positions based on a user-defined Risk:Reward ratio and Stop Loss in pips. Whether you're a beginner or an experienced trader, this script saves time and ensures consistent risk management.
Author: Duy Van Nguy