MT5 Risk-Reward Ratio (Multiple Orders) Indicator Download - Free - [TFLab] | Forex Indicator Download - MetaTrader 5 Resources

The Risk-Reward Ratio with Multi-Order Indicator is a tool in MetaTrader 5 indicator which can automatically measure the risk-reward ratio in a trade and display it to the trader. This indicator is very convenient for traders who open multiple buy and sell orders at the same time, as it can provide a risk-reward ratio for these trades to better manage risk and capital.

The tool displays the trade ratio (R/R) in a box in the corner of the screen.

Indicator Table

Overview

One of the reasons why most traders fail in the financial markets is the knowledge and management of risk and capital required. Using a variety of tools can increase their chances of success.

The Risk Reward for Multi Order Indicator is one such tool that calculates and measures take profit and stop loss levels relative to entry points, showing the risk reward ratio of a trade. This Trading Tools helps traders better manage their trading risk and capital.

Risk-Reward Ratio of Multiple Orders in a Buy Trade

In the image below you will see a chart of the GBP/USD currency pair on the 30 minute time frame. A buy transaction for 1.3114 was created. The distance from stop loss to entry point is 20 pips, and the distance from take profit to entry point is 80 pips.

Therefore, the indicator automatically calculates the risk-to-reward ratio and displays a ratio of 1 to 4, which means that the trader expects to risk $20 and make a profit of $80 on this buy trade.

Risk-reward ratio for multiple orders in a sell trade

In the image below you will see a chart of the EUR/USD currency pair on the 1 hour time frame. A sell trade for 1.1069 was created. The distance from stop loss to entry point is 25 pips, and the distance from take profit to entry point is 50 pips.

Therefore, the indicator automatically calculates the risk-reward ratio and displays a ratio of 1 to 2, which means that the trader can expect to make a profit of $40 on a risk of $20.

Indicator Settings

Display Setting

• Theme: Customize the chart theme to light or dark
• Order Setting
• Symbol mode: Select only one trading symbol for a single trading symbol
• Use magic number: Set false to disable magic number use
• Magic value: Enter the value of the magic number
• Use comment: Create a comment for the magic number
• The comment value: Set the value of the comment

Box Setting

• Box Corners: Displays the lower left corner of the box
• X coordinate: Set horizontal distance to 10
• Y coordinate: Set vertical distance to 35
• X width: Set the box width to 80
• Y height: Set the box height to 80
• Font of Text: Set the font of the text in the box
• Font size of the Text: Set the text size
• Text Color: Set text color to black
• Background color: Set the background color to white
• BorderColor: Set the border color to blue
• Want to have a Box in the background: Set to false to avoid showing the box in the foreground

Summary

Different risk-to-reward ratios are defined in various trading systems and strategies. Traders must choose a trading strategy carefully so that their trading results (resulting from their risk and capital management) keep their accounts profit-positive.

This Meta Trader5 Money Management Indicator is helpful for all trading strategies and is a must-have for all traders.