Risk & Reward

Risk & Reward turns "how many lots?" into "how much am I willing to lose?" — click the chart where your stop goes and the board works out the lot that loses exactly your set percentage of balance if the stop is hit. Press BUY or SELL and the order opens at once, with its stop loss on the line and a take-profit at your set risk : reward multiple of the stop. Fibonacci buttons for framing price are built in.

What it does

• Computes lot size from a per-trade risk percentage of balance and the stop distance
• Set the stop with a click on the chart — a line below price is a BUY stop, above price a SELL stop
• BUY / SELL buttons (or the B / S keys) open a market order at once, with an SL and a TP at your set risk : reward
• A CLOSE button that closes every position and deletes pending orders in the chosen scope (press twice to confirm), and steps that move every open position's TP 100 points at a time
• Markers: place a pending order at a special size (0.18 / 0.19) by hand and the EA turns it into a properly sized order
• Fibonacci D1 / W1 / MN buttons, with a Shift setting, for framing price on the same chart

How it works

1. Set the risk per trade

   As a percentage of balance you accept losing on one trade (1% by default), plus the risk : reward multiple (1 : 1.5 by default).

2. Click the stop

   Click the chart where the stop goes and the S/L line moves there — a click only moves the line, it never opens an order.

3. Read it, then press

   The board shows the money at risk, the profit target and the lot it will send. Press BUY or SELL and the order opens at once with its SL and TP.

Who it suits

• Traders who size by a fixed percentage risk
• Manual traders who want the same risk on every trade, however wide or tight the stop

What to watch out for

• The BUY / SELL buttons and the B / S keys send real orders at once, with no confirmation — check the Lot row before every press.
• The lot relies on the value per point your broker reports — before using a new symbol (gold and indices especially), try it on demo and compare the real loss at the stop.
• By default CLOSE and the TP steps touch every position on the symbol, including your own trades and other EAs'.