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Risk vs Reward dashboard

Tired of online risk calculators that you manually have to fill out?

This neat little dashboard instantly shows you, your risk, reward and risk vs reward as soon as you've sat your Stop-loss or Take-profit.

Works on both market and pending orders.

By far, my most used indicator when trading manually on mt4.


Advantages

  • Can handle multiple positions. And gives the total risk and reward for all positions on all manually placed or pending positions on the current chart.
  • Automatically recalculates to your main currency.
  • Automatically ignores robot trades. Which means you can trade manually on the same pair and account as robots.
  • Dashboard can be moved to any corner, letter size can be increase, row spacing can be changed and Dashboard position, relative to chosen corner.
  • Calculate risk on Hedges as well. But only simple ones with equal lot size and equal number of positions, on each side.
  • As a little bonus, I've included a function that draws "Nikos Mermigas" Set&Forget boxes, with this indicator.


Indicator Parameters

  • ATR Periods - The periods to calculate ATR in percent on
  • USE GMT to calculate todays move - Use GMT time to calculate the move of the day
  • Placing of the Dash board - Pick a corner for the Dashboard to appear in
  • Dashboard's y position - The vertical position from the chose corner in pixels
  • Dashboard's x position - The horizontal position from the chosen corner in pixels
  • Letters size - Pick a letter size
  • Space between lines - Pick a distance between lines . Current is optimized for high resolution screens
  • DashTextColor - Chose what color the text should be in
  • Paint boxes - Paints boxes of the average upper and lower range before midnight. (From Nikos Mermigas Set&Forget strategy)
  • Distance from box to lines(pips) - Distance from the box to paint the pending order lines.
  • BoxColor - Pick a color of the boxes
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Riskkeeper
Cristian Eriksson
5 (1)
It is is your personal risk guard. Drop it on any chart on your VPS or trading computer and it will guard your total risk in any pair or asset and make sure the sum of all stops is within your risk. If you happened to exceed the risk, in a split second this EA will calculate the exact position for the combined risk of all open positions and place all stops at the exact same spot. If you open a new position with another lot size . No problem, all stoplosses will automatically adjust. Tired of man
FREE
Action Scanner
Cristian Eriksson
5 (1)
Action Scanner is a market scanner. It’s yet another product in my "Can’t trade with out it" series. Do you want to know what is moving right now? Action Scanner  scans your watchlist and opens the 10 currently most moving charts. You can chose between, most moving in points, most moving in your account currency(if you were to trade it with a standard lot size 1.00) and most moving in percentage.  The standard version is a complete tool with no limitations.  However the pro version has additiona
FREE
Lotsize panel
Cristian Eriksson
5 (1)
Compliement your normal MT5 Buy/Sell panel with this automatic lot size panel. This product is free without any limitations. There will be a pro verision later with additional functionality, but my motto is to always have awesome free products. It automatically places the stop and sizes the lot according to the given ATR for risk. You have to try it to experience it! Now I can't trade manually without it. It's turned out to be much more intuitive than I would think before creating it. The
FREE
Range Bands
Cristian Eriksson
Range bands works the same way as Bollinger bands except that they are self adapting, with range trading in mind. Unless you are familiar with Bollinger bands, it is a standard deviation indicator that is based around the concept that when price deviates to quickly from the average, it's going to encounter resistance. This is true for all period settings, since standard deviation 2 or 3 is an extreme on any data. This indicator automatically chooses the period that is currently most suitable for
Vanilla RSI AO
Cristian Eriksson
EA based on a standard RSI indicator accompanied by an advanced Self Optimizer. A carefully crafted EA that self-optimizes on any pair and any time frame, to give you the best RSI settings for Reverse  or Breakout trades. It also self-optimizes on what time of day to trade if you wish. It can also be set to only optimize on that same hour, for every day in the history. It's the ultimate tool for those that wish to have a powerfull RSI trader in their arsenal, to just drop on the chart. The
Action Scanner is a market scanner. It’s yet another product in my "Can’t trade with out it" series. Do you want to know what is moving right now? Action Scanner  scans your watchlist and opens the 10 currently most moving charts. You can chose between, most moving in points, most moving in your account currency(if you were to trade it with a standard lot size 1.00) and most moving in percentage.  The standard version is a complete tool with no limitations.  However the pro version has additiona
Riskkeeper PRO
Cristian Eriksson
Are you accidently making mistakes with your stoplosses, you thought you were risking 5% but you actually risked 15%? Are you causing yourself unncessary drawdowns by moving the sl too many times? Don't worry this ea has your back, it lies in the background and always watches your risk. No matter how many orders you have open in both directions it will make sure you stop out at your set risk percent. It also removes all stoplosses and targets in the case of a full hedge situation. The same as R
Zone Guard
Cristian Eriksson
Multi currency, self healing, user adaptive, zone recovery system. Here's a better implementation of the zone recovery system.  You've probably noticed, with other zone recovery EA's, that the zone often ends up in the worst range imaginable sooner or later.  This EA will let you adjust the zone size while you're trading, and move the other side on the outside of the range, if that were to happen. Did you delete or exit orders by mistake? No problem this EA also heals the zone when it's been
Zone Automation
Cristian Eriksson
I created an indicator inspired by the "Wicks don´t lie" community on Youtube. It let's you see zones from other timeframes, and lets you keep a zone from a higher timeframe when you go to lower time frames. It operates by creating zones wherever the price has previously turned and not been retested again. This makes it easier to know where to expect a possible hick-up while going with a breakout, or where the price might make a reversal. The indicator also continues to add zones out from the cu
An imbalance indicator that marks imbalance on the chart with zones and gives the amount of imbalance as an oscillator value. There's one line for the amount of short imbalance, one line for the long imbalance and the combined imbalance as a thicker line. The combined imbalance goes above 0 if there's more imbalance above than below the current price and vice versa. The blue thicker line, shows (imblance above - imbalance below). The greeen dotted line shows imbalance above The red dotted line s
LotSizerPro
Cristian Eriksson
This Pro version of the LotSizePanel let's you set the stoploss with a line. Instantly the ea will calculate the lotsize based on where you drag the line on the chart. Press the "Show Line" button again, and the line dissappears and the ea reverts back to calculating the lot size from an ATR based stoploss again. I can't see how I would ever trade manually without this panel again. Remember that autotrading needs to be turned on to place orders with the buttons.
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Version 1.3 2020.05.14
-Bugg fixes
-Updates to what is beeing monitored.
Version 1.2 2018.02.02
- It now shows the required margin for a position
- Some bug fixes
- Shows ATR both in percent and points
- Now works on all types of account currencies, even Bitcoin.