Risk Calculator Fast Trade Management Buttons

The Risk/Reward Tool is a professional-grade Expert Advisor designed to revolutionise the way you plan, visualise, and execute trades in MetaTrader 4. Whether you're a discretionary trader who values precise risk management or a strategy developer who needs to test trade setups visually, this tool provides everything you need in one elegant, intuitive interface.

Unlike basic position calculators, the Risk/Reward Tool combines visual trade planning with instant execution capabilities, real-time profit/loss monitoring, and comprehensive trade management features. The tool is fully compatible with the MT4 Strategy Tester, allowing you to practice your trading strategy and refine your approach without risking real capital.

Full manual for the tool is available here: https://www.mql5.com/en/blogs/post/766244

MT5 version: https://www.mql5.com/en/market/product/158601

Key Features

Visual Trade Planning

      Interactive drag-and-drop entry, stop loss, and take profit lines

      Colour-coded risk/reward zones that update in real-time as you adjust your trade parameters

      ATR-based automatic stop loss calculation for volatility-adjusted position sizing

      Configurable risk/reward ratio with visual representation

      Support for both market orders and pending orders (limit/stop) based on entry line position

Intelligent Position Sizing

      Risk as a percentage of account balance or fixed monetary amount

      Real-time lot size calculation that updates as you move your stop loss

      Adjustable risk with convenient up/down buttons or direct input

      Automatic lot normalisation to your broker's specifications

One-Click Trade Execution

      Instant market order execution with pre-calculated position size

      Automatic pending order placement when entry is set away from current price

      Market Order mode toggle for instant execution at current price

      Visual confirmation before trade placement

Comprehensive Trade Management

      Move to Breakeven button for individual trades

      Breakeven Average function for multiple positions

      Partial close functionality with customisable percentage

      Close All positions button for quick exit

      Close Most Profitable position for scaling out winners

Real-Time Trade Monitoring

      Live profit/loss display on the control panel

      Individual trade P/L labels on the chart

      SL/TP amount labels showing potential loss/profit at each level

      Average price line for multiple positions in the same direction

      Smart label grouping to prevent cluttered charts

Strategy Tester Compatibility

      Full functionality in MT4 Visual Strategy Tester

      Draggable panel for repositioning during testing

      Adjustable SL/TP lines on open orders for testing trade management

      Practice your strategy without risking real money

Advantages & Benefits

For Risk Management

      Never risk more than you intend - automatic position sizing ensures consistent risk per trade

      Visual risk/reward zones make it easy to assess trade quality before execution

      ATR-based stops adapt to market volatility automatically

      Protect your capital with breakeven and partial close features

For Trade Execution

      Eliminate calculation errors with automated lot size computation

      Execute trades faster with one-click order placement

      Reduce emotional trading by planning entries visually before committing

      Seamless support for both market and pending orders

For Trade Management

      Manage multiple positions efficiently with average price tracking

      Lock in profits quickly with instant breakeven functionality

      Scale out of winning trades with partial close feature

      Monitor all positions at a glance with real-time P/L display

For Strategy Development

      Test your trading strategy in the Strategy Tester before going live

      Practice trade management techniques without financial risk

      Refine your entry and exit timing using historical data

      Build confidence in your approach before committing real capital


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Lee Samson
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Turn any trading strategy into a position trading strategy or trade the proven RSI & ADR based position trading strategies, including automated drawdown control system for positions that move against you. This EA is an evolution and a simplification of the MRA EA that has been used for position trading strategies taught on the Market Structure Trader website for many years. See my profile for a link to the website, free position trading course and other products. The EA will automatically scale
The Market Reversal Alerts EA is powered by the indicator of the same name ( available here ) and trades based on market structure shifts. The EA will by default take a trade every time a market reversal alert is sent by the indicator and will trade those alerts based on the conditions and filters you set in the EA settings. It draws support rectangles as price moves in it's current trend direction and trades when price reverses sharply and signals a market structure shift or a re-test of the re
Profit from the explosive moves that occur at the open of stock indices and give yourself an actionable edge every day. The opening range breakout EA can be tweaked to your liking to capture the trends that form just after the open every day on the main stock indices like the DAX, DOW, NASDAQ and S&P500. These opens happen at the same time every day, so you know when volatility will occur, and often just after the open strong trends form which you can capture with this EA. The opening range is t
The ADR Reversal Indicator shows you at a glance where price is currently trading in relation to it's normal average daily range. You will get instant alerts via pop-up, email or push when price exceeds it's average range and levels above it of your choosing so you can jump into pullbacks and reversals quickly. The indicator draws horizontal lines on the chart at the average daily range extremes and also extensions above those levels which have mathematical probabilities attached to them of pric
This dashboard is an alert tool for use with the market structure reversal indicator. It's primary purpose is to alert you to reversal opportunities on specific time frames and also to the re-tests of the alerts (confirmation) as the indicator does. The dashboard is designed to sit on a chart on it's own and work in the background to send you alerts on your chosen pairs and timeframes. It was developed after many people requested a dash to monitor multiple pairs and time frames at once rather th
Automatically draw support and resistance levels PLUS propulsion candle gaps on your chart, so you can see where price is likely to head next and/or potentially reverse. This indicator is designed to be used as part of the position trading methodology taught on my website (The Market Structure Trader) and displays key information for targeting and potential entries. MT5 version available here:  https://www.mql5.com/en/market/product/97973 There are 2 CORE features in the indicator and 4 addition
Automatically draw support and resistance levels   PLUS   propulsion candle gaps on your chart, so you can see where price is likely to head next and/or potentially reverse. This indicator is designed to be used as part of the position trading methodology taught on my website (The Market Structure Trader) and displays key information for targeting and potential entries. MT4 Version:  https://www.mql5.com/en/market/product/97246/ There are 2 CORE features in the indicator and 4 additional ones:
Stop Guessing. Start Trading with a Statistical Edge. Stock indices don't trade like forex. They have defined sessions, they gap overnight, and they follow predictable statistical patterns. This indicator gives you the probability data you need to trade indices like the DAX, S&P 500, and Dow Jones with confidence. What Makes This Different Most indicators show you what happened. This one shows you what's likely to happen next.  Every trading day, the indicator analyses your current setup against
Market Reversal Alerts
Lee Samson
4.19 (114)
Profit from market structure changes as price reverses and pulls back. The Market Reversal Alerts indicator identifies when a trend or extended price move is approaching exhaustion, alerts you the moment market structure shifts, and confirms the entry when price re-tests the reversal zone, so you trade defined areas instead of guesses. How it works As price forms new highs or lows near potential exhaustion points, the indicator identifies the breakout and momentum, then draws a rectangle on the
The Market Reversal EA is powered by the indicator of the same name ( available here ) and trades based on market structure shifts. The EA will by default take a trade every time a market reversal alert is sent by the indicator and will trade those alerts based on the conditions and filters you set in the EA settings. It draws support rectangles as price moves in it's current trend direction and trades when price reverses sharply and signals a market structure shift or a re-test of the reversal.
The ADR Reversal Indicator shows you at a glance where price is currently trading in relation to it's normal average daily range. You will get instant alerts via pop-up, email or push when price exceeds it's average range and levels above it of your choosing so you can jump into pullbacks and reversals quickly. The indicator draws horizontal lines on the chart at the average daily range extremes and also extensions above those levels which have mathematical probabilities attached to them of pric
Profit from the explosive moves that occur at the open of stock indices and give yourself an actionable edge every day. The opening range breakout EA can be tweaked to your liking to capture the trends that form just after the open every day on the main stock indices like the DAX, DOW, NASDAQ and S&P500. These opens happen at the same time every day so you know when volatility will occur and often just after the open strong trends form which you can capture with this EA. The opening range is typ
Take advantage of the opening volatility of the major stock indexes and profit from the sudden moves created at those times when the market breaks away at the opening bell. The strategies' goal is to simply benefit from those days when the market moves fast and hard in one direction at the open and bank that move. If the market opens weak and directionless, the EA locks in a hedge loss and waits for the market to decide on a direction before exiting the positions. The stock index hedge EA analys
Monitor every symbol and every timeframe with your favourite indicators from a single chart. The Ultimate Indicator Dashboard gives you a complete multi-symbol, multi-indicator, multi-timeframe view — all in one clean, draggable panel. Stop flipping between charts. See RSI, MACD, Bollinger Bands, Ichimoku, ATR, volume, and more across all your instruments at a glance. Colour-coded signals show you exactly where the opportunities are, and smart alerts tell you when conditions change — so you neve
The Risk/Reward Tool is a professional-grade Expert Advisor designed to revolutionise the way you plan, visualise, and execute trades in MetaTrader 5. Whether you're a discretionary trader who values precise risk management or a strategy developer who needs to test trade setups visually, this tool provides everything you need in one elegant, intuitive interface. Unlike basic position calculators, the Risk/Reward Tool combines visual trade planning with instant execution capabilities, real-time p
Instantly see your closed trade history by day and week, your current open trades, and forex exposure on one chart! Use the heatmap to identify profitable trades and where your current drawdown is within your trading portfolio. MT5 Version -  https://www.mql5.com/en/market/product/132613 Quick Close Buttons Use the quick close buttons to close every trade on a single symbol, close out individual trades in full, or take partial profits or losses at the click of a button. No more hunting for trade
Instantly see your closed trade history by day and week, your current open trades, and forex exposure on one chart! Use the heatmap to identify profitable trades and where your current drawdown is within your trading portfolio. MT4 Version -  https://www.mql5.com/en/market/product/132081/ Quick Close Buttons Use the quick close buttons to close every trade on a single symbol, close out individual trades in full, or take partial profits or losses at the click of a button. No more hunting for trad
Automatic Trade Protection EA For MT5 Overview Trade Equity Guardian is a lightweight, always-on Expert Advisor that continuously monitors all open positions on your account and automatically closes any trade that breaches your predefined risk thresholds. It acts as a safety net — protecting your account from oversized positions, runaway losses, or locking in profits when targets are hit. Attach it to any chart and let it run in the background. It works alongside your other EAs and manual trades
FREE
AT LAST! A stochastic indicator for MT4 that shows multiple time frames on one chart ! See the actual position of the main and signal lines in 4 separate time frames instantly to help you make educated trading decisions.A true MTF stochastic indicator for traders that need to see visually what the indicator is telling them on multiple time frames, no arrows that just point up or down or numbers displayed. No more flicking between time frames to see where other stochastics are positioned! Stay on
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The RSI / TDI alert dashboard allows you to monitor RSIs at once (selectable by you) on every major pair you trade. You can use it in two ways: 1.   Select multiple time frames and the dash will show you when there are multiple time frames extended beyond normal trading conditions. A great indicator that price has pushed hard recently as it has achieved an overbought or oversold level across multiple time frames so a pullback or reversal is due soon. 2.   Use one time frame (your favourite to tr
A symmetrical triangle chart pattern represents a period of contraction & consolidation before the price is forced to breakout to the upside or breakdown. A breakdown from the lower trendline marks the start of a new bearish trend, while a breakout from the upper trendline indicates the start of a new bullish trend. Get the dashboard to monitor all instruments and time frames you trade for symmetrical triangle patterns at once! https://www.mql5.com/en/market/product/69169/ MT5 Version Available
A symmetrical triangle chart pattern represents a period of contraction & consolidation before the price is forced to breakout to the upside or breakdown. A breakdown from the lower trendline marks the start of a new bearish trend, while a breakout from the upper trendline indicates the start of a new bullish trend. MT4 Version Available Here:  https://www.mql5.com/en/market/product/68709/ This indicator identifies these patterns and alerts you when the 4 key points have formed and price has pul
This dashboard is an alert tool for use with the market structure reversal indicator. It's primary purpose is to alert you to reversal opportunities on specific time frames and also to the re-tests of the alerts (confirmation) as the indicator does. The dashboard is designed to sit on a chart on it's own and work in the background to send you alerts on your chosen pairs and timeframes. It was developed after many people requested a dash to monitor multiple pairs and time frames at once rather th
The Strat Dashboard - Multi-Symbol Pattern Scanner for Rob Smith's Strat Strategy Transform Your Trading with Real-Time Multi-Symbol Strat Analysis The Strat Dashboard   is a powerful, professional-grade indicator designed specifically for traders using Rob Smith's renowned "Strat" trading methodology. Monitor unlimited symbols across multiple timeframes simultaneously, identify high-probability setups instantly, and never miss another actionable pattern. MT4 Version :- https://www.mql5.com/en/m
The Multi-Timeframe ATR is an enhanced version of the standard ATR indicator for MetaTrader 4 that allows traders to view volatility from any timeframe directly on their current chart. Unlike the default ATR, which only plots data from the active chart timeframe, this version lets you select a higher or lower timeframe (for example, display the Daily ATR while analysing a 15-minute chart ). How It Works The indicator retrieves ATR values from the timeframe you specify — such as H1, H4, or D1 —
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Take control of your forex portfolio. See instantly where you stand, whats working and whats causing you pain! MT5 VERSION AVAILABLE HERE:  https://www.mql5.com/en/market/product/58658 The Trade Manager Dashboard is designed to show you at a glance where each position you have in the forex market currently is, and make risk management and exposure to currencies easier to understand. For traders that scale into the market gradually with multiple positions or those trading grid and basket strateg
The RSI / TDI alert dashboard allows you to monitor RSIs at once (selectable by you) on every major pair you trade. You can use it in two ways: 1. Select multiple time frames and the dash will show you when there are multiple time frames extended beyond normal trading conditions. A great indicator that price has pushed hard recently as it has achieved an overbought or oversold level across multiple time frames so a pullback or reversal is due soon. 2. Use one time frame (your favourite to trade)
ADR Alert Dashboard
Lee Samson
3.73 (11)
The ADR Alert Dashboard shows you at a glance where price is currently trading in relation to it's normal average daily range. You will get instant alerts via pop-up, email or push when price exceeds it's average range and levels above it of your choosing so you can jump into pullbacks and reversals quickly. The dash is designed to be placed on a blank chart and just sit in the background and alert you when levels are hit so you do not need to sit and watch it or even look at all! MT5 VERSION AV
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