MetaTrader 5 Risk Reward Indicator Download - Free | Forex Indicator Download - MT4/MT5 Resource

The risk reward metric calculates the risk to reward ratio (RRR) and displays the exact value directly on the chart.

The RR tool , as one of the risk management MetaTrader 5 indicator , displays the Risk Reward Ratio (RRR) in the upper left corner of the chart.

Additionally, it uses three horizontal lines to mark key trading levels on the chart , including the Take Profit , Stop Loss , and Entry Price .

Risk return indicator specifications

The table below lists the key features of the risk-reward metrics :

Indicator Overview

The Risk-Return Metric (RR) compares the potential profit (reward) to the potential loss (risk) in each trade.

• In Buy positions, the Risk is the difference between Entry Price and the Stop Loss , while the Reward is the distance between Entry Price and the Take Profit
• In Sell position, the relationship is inverted

Bullish market scenario

In the USD/CAD currency pair, if a trader entered a Buy position at 1.43553 , sets the Take Profit at 1.44000 , and places the Stop Loss at 1.43397 , the Risk to Reward Ratio (RRR) would be 1:3 .

Bearish market scenario

In the AUD/CHF currency pair during a downtrend, if the trader entered the Sell position at 0.56460 , places the Stop Loss at 0.56516 , and sets the Take Profit at 0.56265 , the RRR would be 1:3 .

The value is automatically calculated and displayed on the left side of the chart by the indicator.

Risk reward indicator settings

The settings part of this section Money management MT5 indicator is as shown below:

• Entry line changes with price: adjust entry points based on real-time price changes
• Display corner: Set the display position of RRR on the chart
• Font size: adjust text size
• Label color: change the color of the label
• SL color: Set the color of stop loss
• TP color: Set the color of take profit
• EP color: Set the color of the entry price
• Line width: adjust the thickness of the horizontal line
• Line style: Allows custom line style
• Line label font size: Set the font size of line labels

Conclusion

The Risk Reward Indicator provides advanced features for precise trading analysis, allowing traders to customize the display of Entry Points , Take Profit , and Stop Loss .

It is an effective tool for calculating risk-reward ratio (RRR) and optimizing trade strategies .