Risk Reward Setter

This is a simple risk/reward setter. You enter your TP and SL in the currency amount and it sets it for you, you set your targets in money (not in pips), it helps beginners who are still learning about risk/reward ratios to set their risk/reward based on their capital or amount of money. For example, if you want to risk $3 to make $10, you just fill it in and it sets your order targets accordingly.

  • You can set the TP and SL per chart or all opened charts only.
  • Please make sure your targets are realistic, do not open a very small position and set an unrealistic reward target.
  • If you are having any problems running, it please do let me know.


Parameters

  • period - work for any period as it only adjusts your SL and TP
  • Settings - you have three inputs in the settings
    • Apply To: Pair (only the linked chart) / Account (all open orders)
    • Take profit in money: amount of money you need your TP to be set to.
    • Stop loss in money: amount of money you need your SL to be set to.
    • Make sure live trading is checked to be able to adjust your opened positions and future ones.
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The most advanced news filter on MQL market - free demo available Take a Break has transformed from a basic news filter into a comprehensive account protection solution. It seamlessly pauses any other Expert Advisors during news events or based on your custom filters, all while safeguarding your EA settings - restoring them automatically when trading resumes for complete peace of mind. Typical use cases: A single news filter for all your EAs. Stop trading during news/high volatility (+ close all
TPSpro Trade PRO
Roman Podpora
4.6 (5)
Utilities
A tool that can instantly calculate the position size or risk based on a given stop loss level is critical for both professional and novice traders. The TRADE PRO trading utility provides fast and accurate calculations, helping you make decisions in time-sensitive and volatile markets. Additional installation materials Application manual   – Download the trial version for   MT4   - MT5 MT5 VERSION Main functions: Original. Simple. Effective. Original and convenient opening of the main trading
OrderManager MT4
Lukas Roth
4.72 (25)
Utilities
Introducing the OrderManager : A Revolutionary Utility for MT4 Manage your trades like a pro with the all-new Order Manager utility for MetaTrader 4. Designed with simplicity and ease-of-use in mind, the Order Manager allows you to effortlessly define and visualize the risk associated with each trade, enabling you to make informed decisions and optimize your trading strategy. For more information about the OrderManager, please refear to the manual. [ Demo ]  [ Manual ]  [ MT5 Version ]  [ Telegr
Trading History MT4
Siarhei Vashchylka
5 (9)
Utilities
Trading History - A program for trading and money management on the history of quotes in stratagy tester. It can work with pending and immediate orders, and is equipped with trailing stop, breakeven and take profit functions. Very good for training and testing different strategies. Manual (Be sure to read before purchasing) Advantages 1. Allows you to test any trading strategy in the shortest possible time 2. An excellent simulator for trading training. You can gain months of trading experience
VR Alert
Vladimir Pastushak
5 (1)
Utilities
The VR Alert indicator utility is designed to inform the trader when the price reaches the given level. The signal levels can be set not only horizontally but also inclined. Thus, the trader gets the opportunity to receive notifications from the inclined trend levels. Thanks to the VR Alert utility, you will no longer need to sit near the monitor for a long time. You can calmly do about your household chores, perform your work duties and spend time with your family. Your task is simply to set th
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DCA Buddy
Karim Abdelwahab
Utilities
DCA Buddy Advanced Break-Even Price Visualiser for MetaTrader 5 Take control of your multi-position trading with DCA Buddy , an advanced indicator for MetaTrader 5. It provides a clear and accurate visualisation of the average break-even price for all your open trades on the current chart symbol. This powerful tool goes beyond simple averages, correctly handling both one-sided and complex hedged scenarios, and now features a sophisticated, persistent 'once only' alert system to notify you precis
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