Zone Risk Planner Core
- Indicators
-
Tamara Garcia Infantes
Welcome to QuantEdge Systems, an algorithmic trading studio focused on MetaTrader 4 and MetaTrader 5.
I develop Expert Advisors, indicators and trading utilities, both custom projects for clients and my own systems.
What I offer:
Custom Expert Advisors built exactly from your rules - Version: 1.0
Zone Risk Planner Core turns support and resistance zones into a trade plan: where to enter, where to place the stop loss (SL), where the take profit (TP) goes and how many lots match your risk. It is the basic version of Zone Risk Planner.
It is a planning tool. It does not give buy or sell signals and it does not open, modify or close trades.
Support and resistance zones
- Calculated on the timeframe you choose with the TF button (M5 to D1), from confirmed swing highs and lows.
- Zone width adapts to volatility (Average True Range, ATR).
- Each zone shows its touches ("3x") and whether it matches a zone on the higher timeframe ("+H1").
- Broken zones turn grey and stay visible, because price often reacts at them again.
- Zones are drawn on the right side of the chart, so they never hide the candles.
Stop loss and take profit planner
- Buy and sell plan in real time, with a limit order at the zone edge or a market entry.
- Stop loss beyond the zone, never closer than a minimum distance.
- Take profit at the first zone shown after the entry, broken zones included, so the expected result is realistic.
- Net reward-to-risk ratio (R:R) after spread and commission. Plans below your minimum are marked "Not worth it", and limit entries too far from price are marked "Far".
- Lot size from the percentage of your balance you want to risk. Warns when free margin is not enough or the lot exceeds the broker maximum.
Interface
- Chart buttons to show or hide the zones and the planner, choose the plan lines, change the zone timeframe and the risk.
- Light and dark theme, English and Spanish.
Main inputs
- Language: language of buttons, panels and messages (English or Spanish).
- Profile: asset profile (Auto, Forex, Indices, Metals, Crypto or Custom). Auto adapts by itself.
- Zone timeframe: starting zone timeframe (change it later with the TF button).
- Pivot bars left / right: bars that confirm a swing high or low. More bars, fewer but stronger zones.
- Minimum touches: touches needed for a zone to count.
- Max zones per side: zones drawn above and below price.
- Recommended entry: limit order at the zone edge or market entry.
- Minimum R:R: minimum ratio for a plan to be valid.
- TP stops at the first zone, broken ones included: the TP stops at the first zone shown, even if broken.
- Limit entry farther than this (x ATR) is marked Far: distance from which a limit entry is marked "Far".
- Risk %: percentage of your balance risked on each trade.
- Commission per lot: your broker's commission, so lots and R:R are exact.
Full version
Zone Risk Planner adds position mode (your open trade with its real R:R), the account exposure panel with loss limits, the market regime on several timeframes, a scanner of up to 20 symbols, alerts and more risk modes.
Important
This indicator helps you plan trades and control risk. It does not predict the market and it does not guarantee results. Always check the lot size in your broker's order window before trading, and test it first on a demo account.
