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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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Comprehensive on chart trade panel with the unique ability to be controllable from mobile as well. Plus has a library of downloadable configuration, e.g. exit rules, extra panel buttons, pending order setup and more. Please see our product video. Works with all symbols not just currency pairs. Features On chart panel plus controllable from free app for Windows, iPhone and Android Built-in script engine with library of downloadable configuration, e.g. add 'Close All Trades in Profit' button, exit
Partial Closure EA MT4
Juvenille Emperor Limited
5 (3)
Cierre Parcial EA MT4 puede cerrar parcialmente cualquier operación en su cuenta de operaciones, manualmente por un cierto porcentaje % del tamaño del lote y/o ticket de operación o automáticamente en porcentaje % del nivel TP/SL para un porcentaje % del tamaño del lote inicial en 10 niveles de Take Profit y 10 Stop Loss. Puede gestionar todas o cualquiera de las operaciones de su cuenta, especificando o excluyendo ciertas operaciones con números mágicos o símbolos. Sugerencia: descargue la v
MT4 Alert Signal Trader
Nguyen Van Anh
3.8 (5)
MT4 Alert Signal Trader  is an EA that helps you trade MT4 Alert popup. Some indicators can provide signals by showing an alert popup containing signal texts. This EA will read and trade these signal texts. The alert texts should contain at least 2 elements:  (1) a symbol text   (ex: "EURUSD") and  (2) a command type   (ex: "Buy", "Sell", "Close") that trigger EA's trading activities. Some other contents that may have or not are open price, stop loss, take profit values... The EA needs an aweso
Ultimate Trailing Stop EA
BLAKE STEVEN RODGER
4.33 (15)
This EA Utility allows you to manage (with advanced filtering) unlimited open orders (manual or EA) with 16 trailing stop methods: fixed, percent, ATR Exit, Chandelier Exit, Moving Average, Candle High Low Exit, Bollinger Bands, Parabolic, Envelope, Fractal, Ichimoku Kijun-Sen, Alligator, Exit After X Minutes or Bars, RSI and Stochastic. The trailing stop can be either real or virtual, and you can exit fully or with a partial close percent on touch or bar close.  Moreover, you can add (overr
Take a Break
Eric Emmrich
5 (27)
The most advanced news filter and drawdown limiter on MQL market NEW: Take a Break can be backtested against your account history! Check the " What's new " tab for details. Take a Break has evolved from a once simple news filter to a full-fledged account protection tool. It pauses any other EA during potentially unfavorable market conditions and will continue trading when the noise is over. Typical use cases: Stop trading during news/high volatility (+ close my trades before). Stop trading when
TakePropips TradePad Pro
Eric John Pajarillaga Aldana
5 (4)
¡TakePropips TradePad Pro incluye un poderoso administrador comercial, un medidor de fortaleza de la moneda, herramientas de informes de cuentas, herramientas de gestión de riesgos y más! ¡Es uno de los gerentes y asistentes comerciales de forex más avanzados que jamás haya encontrado! Es la solución perfecta para los comerciantes que desean una forma más eficiente de administrar las transacciones comerciales. Puede descargar el manual de usuario en nuestra publicación de blog:   https://www.mql
-25% discount ($199 -> $149) Advanced trading tool: One click smart orders that execute under your conditions Developed by trader for trading community:  position size calculator (lot size), open position after price action, strategy builder, set and forget trading, mobile notifications... Risk Management -  Risk percentage position size calculator, gain percentage, target risk reward ratio, spread and commissions are included in calculations 7 Advanced order types   - Set and forget trading
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Versión 1.5 2020.07.09
link correction
Versión 1.4 2020.07.08
copyright link changed
Versión 1.3 2017.08.14
- When SL is set to 0 trail stop now works fine.
Versión 1.2 2017.08.08
- Check current sl/tp levels of orders instead of updating everything and spamming broker's server.