Risk Reward Ratio Indicator

Manual Version: 1.00

Contents:

• Calculation
• Alert System

Knowing your risk and reward is essential in trading, we do not want to invest money without any direction and profit. Hence this indicator will keep your head straight and help you take a better decision statistically.

What is Risk Vs Reward?:

The risk is the monetary value of how much you are going to lose if your trade fails. The reward is the amount of money which you will earn if your trade wins. The ratio of risk-reward indicates how much you are risking per dollar to get a profit. This indicates the quality of a trade. Your quality of trade improves when you have higher risk reward ratio.
Auto Calculated Risk Reward Value. Advance money management tool for day traders to position traders. Calculate Risk reward ratio per open position or trades. Total monetary values, risk amount, reward or take profit amount. Also, shows the amount of money which is riskfree or in locked profit position.

Account Balance Alert:

For busy forex traders, it is not always possible to keep an eye on the trading computer screen all the time. Hence with account balance alert, total risk, total locked profit alert one can keep doing their daily job & stay updated about their account balance.

For example, if you have 7 trades active on your Metatrader terminal, you want to get an alert when “Total Risk” goes above $500. You can do this with this indicator. Also, you can get an alert when your account balance reaches up to a certain amount (example $1000)

Not mention with this indicator it is possible to get an alert for a trailed stop too. If you have any profitable trade running & you want to receive an alert when your trailed position value reaches a certain level. You can set up your alert for emails, mobile push messages & MetaTrader terminal alerts.

• Demo version installed, after renting product not working on MetaTrader

  Please remove the indicator & restart the MetaTrader platform, then reinstall the indicator to make it work. If it still doest work. Then open a ticket at the MetaQuotes support center.

• Can I buy this software / indicator?

  Yes, you can buy this indicator. Also you before buying you can also rent this indicator for one month to test before investing.

• What is Maximum Activation means?

  It means maximum for how many devices you can use this indicator under your current license. If maximum activation is 9, that means if you rent it for one month, under that license you can use this indicator on 9 devices maximum.