Market / MetaTrader 5 / Utilities /

SL Based TP Multiplier

33 USD

Published: 12 December 2025

Current version: 1.22

SL Based TP Multiplier

Utilities
Muhammad Hassan Muhammad Ahmad Atiyah
Muhammad Hassan Muhammad Ahmad Atiyah
FX Trader at Faculty of Computer Science

Egypt

1031
1 comment
Version: 1.22
Updated: 31 May 2026
Activations: 8

Smart TP by Risk Ratio

MT5 Script – Take Profit Calculation Based on Stop Loss

Overview

Smart TP by Risk Ratio is a script for MetaTrader 5 that calculates Take Profit levels using the distance between the Open Price and Stop Loss, multiplied by a user-defined ratio (R-Multiple).

The script can be applied once per execution to the current chart symbol or to all open positions.
It does not open trades and requires a Stop Loss to be set for the calculation.

Functionality

TP Calculation: Take Profit is set using the Stop Loss distance and ratio multiplier (e.g., 1:2, 1:3).
Symbol Scope: Apply to current chart symbol or all open positions.
Close If Reached: Optionally close the position immediately if the current price is already beyond the calculated target.

Input Parameters

Ratio Multiplier: Factor to multiply the risk distance.
Apply To All Symbols (true/false): Apply the logic to all positions or only the current chart symbol.
Close If Reached (true/false): Close the position if the current price exceeds the calculated target.

Important Notes

A Stop Loss must be set on the position for the calculation to work.
Script only (not an Expert Advisor).
Does not open trades or manage other orders.

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Two numbers define whether your entry is clean or expensive: the spread, and the time left on the current candle. Candle Timer & Spread Monitor tracks both in real time, displayed as a single compact label directly on your chart. See the current spread widen during session transitions. Know when you're entering in the last seconds of a candle. Place it in any corner of your chart. FEATURES: — Live spread display (in points) — Countdown timer to next candle close (MM:SS) — Updates every secon

30 USD

Stop managing trades manually under pressure. Ultimate Trade Manager (UTM) Pro is a professional trade-management panel for MetaTrader 5. Set your exit rules once, arm the trigger, and let the panel execute them the instant price reaches your level — partial closes, breakeven, profit booking, or full exits, with zero manual clicking and zero emotional decisions. HOW IT WORKS Attach the EA, configure your rules in the panel, and drop a trigger line on the chart (press X , or click "Create Lines"

55 USD

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