Order Placement Utility

RiskRewardPanel – Risk/Reward Calculation Utility for MetaTrader 5

RiskRewardPanel is a utility panel designed to help traders plan trades by calculating lot size, stop loss, and take profit levels based on user-defined risk parameters. It provides a visual method for managing position sizing and risk exposure directly from the chart.

Key Features:

  • Risk and Reward Calculation
    Calculates and displays the estimated monetary risk and potential profit based on account balance, risk percentage, and reward ratio.

  • Position Size Calculation
    Automatically calculates appropriate lot size using account balance and specified risk parameters.

  • Trade Preview Lines
    Visually plots Stop Loss and Take Profit lines on the chart before trade execution.

  • Breakeven and Trailing Stop Options
    Includes optional breakeven adjustment and trailing stop functionality when trades move into profit.

  • Integrated Chart Panel
    Clean panel interface directly on the chart with labeled input fields for risk percentage, lot size, and risk/reward ratio.

Usage:

This tool is intended for manual traders seeking a structured and visual approach to managing trading risk. The panel provides trade previews and executes orders using basic input values entered by the user.

Compatibility:

  • Platform: MetaTrader 5 (MT5)

  • Markets: All markets supported by MetaTrader 5

  • Timeframes: All chart timeframes

Developer: Donovan Maasz / Myrmidon Technology Solutions cc
Version: 1.01
License: Free
Copyright © 2025

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