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Risk2Reward MATR

FREE

Published: 8 December 2022

Current version: 1.8

Risk2Reward MATR

Utilities
Abraham Correa
Abraham Correa
America

United States

5461
5 (1)
- https://linktr.ee/17ABE76
34 products 1 code 1 topic 2 comments
Version: 1.8
Updated: 4 October 2026

Risk2Reward MATR is a visual trade planner for MetaTrader 4. It paints multi-timeframe ATR reward and stop zones on the chart so you can judge the distance and the payoff before you place the trade yourself. It does not send, modify, or close orders.

Purpose

The motive is planning, not automation. A single ATR on the chart timeframe often hides the larger and smaller ranges you actually trade against. This EA builds three stacked take-profit slices, each from its own timeframe, period, and multiplier, plus an ATR stop and an optional fixed pip stop. Buy and Sell only choose the direction of the drawing.

How it works

Attach it to a chart and use the four buttons.

Buy or Sell sets the direction. Entry is the close of the selected bar.
TP1 is the entry plus or minus the first ATR distance. TP2 starts where TP1 ends. TP3 starts where TP2 ends. Each slice keeps its own timeframe, period, and multiplier.
The ATR stop and the fixed pip stop are drawn from the entry in the opposite direction. Set the fixed stop to 0 to hide it.
Update redraws from the last closed chart bar when a new bar opens. Freeze draws once and leaves the boxes. Historical waits for a click, then uses that candle. The ATR on M30, H1, or H4 is taken from the higher-timeframe bar that contains the clicked time, not from the chart bar index.
Toggle hides and restores the drawing. Clear removes the boxes, labels, and info lines.
The panel shows price, pips from entry, slice size, reward-to-risk against the ATR stop, and reward-to-risk against the fixed stop when that stop is on.

Pip size follows the quote: 10 points on 3- and 5-digit symbols, otherwise 1 point. Labels use the symbol’s digit count. Objects are prefixed by symbol and chart, so removing the EA does not delete other buttons.

Benefits

The plan stays on the chart, in price and in pips, before an order exists.
Each target and the ATR stop can use a different timeframe.
The two stops can be compared side by side.
A past candle can be inspected without changing the live chart setup.
Colors, line style, label size, panel size, and button scale are inputs.
No lot size, no market orders, and no extra account permission for trading.

Limitations

It is not a trading robot. Entry, stop, and exit remain manual.
It does not calculate position size, account-percent risk, margin, spread, commission, or slippage.
Targets are stacked slices, not three independent distances from entry. TP2’s box is only the second ATR band.
Boxes run from the selected bar to the current bar plus the extension, so a historical zone is comparable with later price but is not confined to that candle.
On gold, indices, and crypto, a “pip” is one point unless the symbol is 3- or 5-digit. Confirm that this matches the broker’s definition.
Ratios are distance divided by stop distance. They are not a forecast and not a promise of return.
One direction is drawn at a time. Higher-timeframe ATR needs enough loaded history; otherwise that level is skipped and the panel says it is not ready.

Short page line: visual multi-ATR risk-reward boxes for manual planning, with a higher-timeframe ATR alignment, a dual stop, and click-a-candle review. No orders are sent.

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Quote Cost Parity is a MetaTrader 5 chart panel for forex majors and minors that share a quote currency. Pairs with the same quote have the same pip cost for a given lot. The indicator uses that correspondence directly: it calculates the cost once for the group, then shows that cost for three lot sizes. It acknowledges only these quote groups. JPY: USDJPY, EURJPY, GBPJPY, AUDJPY, NZDJPY, CADJPY, CHFJPY. Source: USDJPY. CHF: USDCHF, EURCHF, GBPCHF, AUDCHF, NZDCHF, CADCHF. Source: USDCHF. CAD: US

is an on-chart pre-trade planner for the symbol on that chart. It clears the price and time scales and fills the tab with a live reading of this account against this symbol: spread, pip value, point value, an ATR stop, three ATR targets, and ten lot sizes sized from a percent of balance. Targets are reduced by the live spread. The stop is increased by it. Commission and planned swap are then applied, so the money and percent figures are net of those costs before a buy or sell. It does not place

visual trade planner for MetaTrader 5. It draws multi-timeframe ATR reward and stop zones on the chart so you can judge distance and payoff before you place the trade yourself. It does not send, modify, or close orders. Motive A single ATR on the chart timeframe often hides the larger and smaller ranges a trade is actually working against. This EA stacks three take-profit slices, each from its own timeframe, period, and multiplier, then places an ATR stop and an optional fixed stop beside them.

is a panel that groups FX Major & Minor quote currencies and shows the shared pip or point cost of a trade. View that cost for three fixed lot sizes or three account-balance risk percentages. Currency Cost Constellation is a MetaTrader 4 chart panel for forex majors and minors that share a quote currency. Pairs with the same quote have the same pip cost for a given lot. The indicator uses that correspondence directly: it calculates the cost once for the group, then shows that cost for three lo

Market Watch's Symbols, Lot Sizing choice, Spread, & Price are shown. The app is visually customizable. Click on any Symbol for interaction with its chart! Trader Market Watch is a display-only MetaTrader 4 board. It fills the chart tab with the symbols already in Market Watch and does not place or modify orders. Each row shows the symbol, the spread in pips, and the price. Two lot columns sit beside them: the lot size that uses your chosen percent of balance as margin, and the largest

Predetermination is an exit manager for trades you open yourself. It does not open positions and it does not send signals. After a manual buy or sell, it gives that trade a stop and up to six exit stages based on volatility. Three stages come from Average True Range, each with its own timeframe. Three come from completed range: daily (ADR), weekly (AWR), and monthly (AMR). Each stage can be switched on or off. Enabled stages are sorted by distance. Nearer stages trail the stop. The

A Market Watch multi-timeframe ATR dashboard that turns a chart into a full-screen table showing each selected symbol’s recent volatility across multiple timeframes. It calculates ATR for the symbols visible in Market Watch, then displays the result in pips, points, or raw price units. Its practical use is volatility scanning, quickly finding instruments and timeframes that are moving enough—or quietly enough—for your trading style. Period that is worth using Sty

is designed to enhance the visual representation of financial charts in MetaTrader 4 by dynamically altering the colors of various chart elements, including candlesticks, bars, line charts, and volume bars. Its primary purpose is to improve trader intuition and engagement during market analysis by introducing smooth, cyclical color transitions that can highlight momentum shifts, trends, or volatility without overwhelming the display. This functionality is particularly beneficial for traders who

is a user-friendly MetaTrader 4 indicator that creates a centralized dashboard for traders to oversee market symbols simultaneously across different timeframes, presenting price movements through simple dots or miniature candlestick charts, complemented by volume indicators to facilitate quick assessments of market trends and fluctuations. It automatically resizes grid cells according to the number of bars shown per timeframe for better use of screen space, features adjustable color schemes fo

It computes BUY and SELL lot sizing in either % of balance or in fixed intervals. In market orders, this EA contains the adaptive slippage, logs tickets for instant confirmation of opening trades, and contains every market symbol at a glance. Real-time balance/equity display keeps margin health in view without tab-switching, toggling spread if needed for liquidity checks. Compact left-panel layout minimizes screen real estate, empowering blind trades where speed trumps overanalyze—perfect for

is designed to simplify switching between trading instruments directly from the active chart. It allows traders to cycle through symbols listed in the broker's Market Watch using on-chart navigation buttons or keyboard arrow keys . The indicator's primary motive is to make multi-symbol market analysis faster, more convenient, and more organized by reducing the need to manually locate and open individual charts. Key Features Previous / Next Navigation: Switch between Market Watch symbols using t

Analyze volatility by clicking on a specific candlestick, which triggers the display of horizontal grid lines centered around the candlestick’s closing price, spaced by multiples of the calculated ATR. A vertical line highlights the selected candlestick, and an optional text label can display the ATR value in pips above the candlestick. The indicator is lightweight, using no buffers, and relies on chart objects for visualization. It includes error handling for invalid candlestick selections and

Bigger chart labels would allow the user to be entirely aware of which chart he/she is on. Each chart window is unique, containing different patterns and economic motives so acknowledging the chart window would be absolutely essential! There are well known Economic Time Zones included in clear view, by choice! Simple does it! Use your computing mouse scroller, clicking with the right finger on the label, in order to customize the label properties. From there, choose your preferred color, fon

This script paces itself to zoom into the deepest setting of ZOOM + You may be in tune to know a few keyboard easter eggs. Pressing the minus <-> button has the capability to Zoom the Chart Outward! Interesting to see the price reevaluate itself in perspective. This we could see is quite contagiously useful if we wanted to be quick with analyzing, examining through your tools, in your plans and such. So, if you ever wanted to zoom IN and OUT, here is Your play around with the chart poin

Grid MATR is designed to map price against dynamically measured or fixed ranges so traders can better visualize volatility, market extension, and session-based price behavior—while requiring independent analysis for direction and trade decisions. The motive is to turn market volatility and selected time/session reference points into a visual price grid. Instead of claiming to predict price direction, it gives the trader a structured way to judge where current price sits relative to ATR-deriv

Symbol Cycler is a lightweight on-chart utility that lets you quickly switch between symbols in your Market Watch list using two simple arrow buttons (). With a single click, you can scroll forward or backward through your predefined symbols without leaving the chart. Key Features: One-click symbol switching from the chart Works with your Market Watch list order Buttons can be placed in any chart corner or even the center Timeframe remains locked while switching symbols Clean, responsive UI

The SyncAllCharts indicator streamlines trading by automatically aligning all open MetaTrader 4 charts to the symbol of the chart where it’s applied, saving traders time and effort when analyzing a single asset across multiple timeframes or setups. With a customizable "Main Sync" label to identify the lead chart, it ensures a clear, clutter-free workspace, enhancing workflow efficiency and consistency for traders monitoring one currency pair or symbol.

Designed to mark a specific price and time point on an MT4 chart based on a single mouse click, synchronizing this data across all timeframes for the same symbol. Its primary purpose is to help traders pinpoint and track critical levels or events (e.g., support/resistance or entry points) with persistent visual markers. The indicator uses dashed lines for price and time crosshairs, accompanied by labels that dynamically adjust to stay within chart boundaries, ensuring clarity regardless of win

The SymbolicTimeFramingUniverse indicator for MetaTrader 4 (MT4) is designed to enhance chart navigation by displaying the current symbol and timeframe as stacked labels directly on the chart window. It provides precise alignment and customization options, including positioning in the center or corners, adjustable offsets, font styling, and layer controls for visibility (such as background placement or color flashing). This tool supports professional trading workflows by ensuring quick identific

An on‑chart, data‑driven pre‑trade planner that turns your broker’s live market properties into clear, actionable numbers. It consolidates spread, commission, swaps, ATR‑based stop/targets, pip/point value and 10 risk‑profile lot sizes into one compact panel that auto‑scales to any chart size. The display is direction‑agnostic (no LONG/SHORT duplication) and emphasizes total trade cost and true risk/reward before you click “Buy/Sell.” What it shows (at a glance) Time & price context (Local/Serv

Its primary motive is to overlay horizontal lines spaced according to multiples of the Average True Range (ATR), centered on a reference price from defined periods such as trading sessions, candlestick counts, or 12-hour intervals. This facilitates the identification of potential support and resistance levels or expected price ranges. Additionally, it marks major forex trading sessions (Sydney, Tokyo, London, and New York) with arrows to provide contextual awareness of market hours, enhancing d

Prints ALL current chart's symbol and timeframe as customizable labels, ensuring precise anchoring and automatic repositioning during window resizes, timeframe switches, or other chart events. It supports layered display options (background, forefront, or combined color modes) for enhanced visibility without obstructing price data. The accompanying script facilitates global application by attaching or updating the indicator across all open charts in a single execution, promoting efficiency in m

Activation initiates the sequence from the initial symbol in the Market Watch roster, forming a perpetual loop that continues until deactivation. The system employs global terminal variables to sustain operational continuity amid symbol-induced reinitializations, thereby ensuring uninterrupted performance. This EA should not be checked off as 'Allowed live Trading' and is functional with that checkmark box, when uploading the EA. Principal advantages encompass augmented productivity in overseein

Designed to revolutionize trading efficiency, this app enables traders to seamlessly cycle through Market Watch symbols using intuitive keyboard arrow keys or dynamically positioned on-chart buttons, minimizing navigation time and enhancing focus on market analysis. Potential : This lightweight MetaTrader 4 tool unlocks rapid symbol switching for comparative analysis across assets, supports wrap-around navigation for uninterrupted workflows, and adapts button placement to stay within chart b

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Risk2Reward MATR

Abraham Correa

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