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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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Nguyen Van Anh
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Roman Podpora
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RedFox Copier Pro
Rui Manh Tien
4.75 (12)
FREE SIGNAL CHANEL:  https://t.me/redfox_daily_forex_signals Time saving and fast execution Whether you’re traveling or sleeping, always know that Telegram To Mt4 performs the trades for you. In other words, Our   Telegram MT4 Signal Trader  will analyze the trading signals you receive on your selected Telegram channels and execute them to your Telegram to MT4 account. Reduce The Risk Telegram To Mt4   defines the whole experience of copying signals from   Telegram signal copier to mt4  p
ADAM for FTMO 40
Vyacheslav Izvarin
ADAM EA Special Version for FTMO  Our 1st EA created using ChatGPT technology Trade only GOOD and checked PROP FIRMS  Default parameters for Challenge $100,000 Tested on EURUSD and GBPUSD only  Use 15MIN Time Frame Close all deals and Auto-trading  before Weekend at 12:00 GMT+3  Friday For Prop Firms MUST use special Protector  https://www.mql5.com/en/market/product/94887 Signal using ADAM  https://www.mql5.com/en/signals/2190554 --------------------------------------------------------------
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Versione 1.5 2020.07.09
link correction
Versione 1.4 2020.07.08
copyright link changed
Versione 1.3 2017.08.14
- When SL is set to 0 trail stop now works fine.
Versione 1.2 2017.08.08
- Check current sl/tp levels of orders instead of updating everything and spamming broker's server.