RR Box Trade Manager
- Utilities
- Version: 1.22
- Activations: 5
RR Box Trade Manager is an interactive risk/reward planning and trade management tool for MetaTrader 5.
It is designed for traders who want to visually plan a trade, define Stop Loss and Take Profit levels, calculate position size, and execute market orders directly from the chart.
MAIN FEATURES
• Visual Risk/Reward box directly on the chart
• BUY and SELL trade planning
• Draggable Stop Loss level
• Automatic Take Profit calculation based on the selected Risk/Reward ratio
• Adjustable Risk/Reward ratio using RR- and RR+ controls
• Fixed Lot position sizing
• Risk Percentage position sizing
• Automatic lot calculation based on selected risk
• Estimated potential loss and profit display before execution
• Market order execution directly from the chart
• Break Even position management
• Optional Trailing Stop management
• Close managed positions directly from the panel
• Broker minimum/maximum volume validation
• Volume step normalization
• Stop-distance validation
• Margin check before order execution
• Magic Number filtering for managed positions
• Clear and compact chart interface
HOW TO USE
- Attach RR Box Trade Manager to a MetaTrader 5 chart.
- Select BUY or SELL.
- Move the Stop Loss line to the desired price level.
- The Take Profit level is automatically calculated according to the selected Risk/Reward ratio.
- Use RR- or RR+ to adjust the Risk/Reward ratio.
- Select Fixed Lot or Risk % position sizing.
- Review the Entry, Stop Loss, Take Profit, volume and estimated risk/reward information.
- Press EXECUTE to submit the market order.
- After a position is opened, Break Even and Trailing Stop can be used for position management.
POSITION SIZING
In Fixed Lot mode, the trading volume is defined by the user.
In Risk % mode, RR Box Trade Manager calculates the trading volume using the selected risk percentage and the distance between the planned entry and Stop Loss.
Actual monetary risk may vary because of broker specifications, commissions, spread, slippage, gaps and execution conditions.
RISK/REWARD PLANNING
The red area represents the planned risk between Entry and Stop Loss.
The green area represents the potential reward between Entry and Take Profit.
When the Stop Loss level or Risk/Reward ratio changes, the Take Profit level is recalculated automatically.
IMPORTANT INFORMATION
RR Box Trade Manager is a trade planning and position management tool. It does not provide market predictions or guarantee trading results.
The tool does not determine whether the market will rise or fall. The trader remains responsible for selecting trade direction, Stop Loss level, Risk/Reward settings and position sizing.
Execution price and trading results may differ from displayed estimates because of spread, slippage, commissions, price gaps, liquidity and broker trading conditions.
Please test the product on a demo account and become familiar with its functions before using it for live trading.
