Forex Risk Reward Ratio Indicator
Forex Risk Reward Ratio Indicator — a MetaTrader 4 indicator kept in the Old Kings collection. It has 12 settings, for example SLLevel (default SLPrice), TPLevel (default TPPrice) and note2 (default Default Font Color). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 2 indicator files with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Indicator · MT4 · v1.0 · Free
About Forex Risk Reward Ratio Indicator
Forex Risk Reward Ratio Indicator is an indicator for MetaTrader 4. It has 12 settings, such as Sl level, Tp level and Note2. MQL source code included.
Files in the download: installation manual.txt, RiskReward_Ratio.mq4, RiskReward_Ratio_v0_1.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Sl level | SLPrice | |
| Tp level | TPPrice | |
| Note2 | Default Font Color | |
| Font color | Black | Colour on the chart |
| Note3 | Font Size | |
| Font size | 20 | |
| Note4 | Font Type | |
| Font type | Trebuchet MS | |
| Note5 | Display the price in what corner? | |
| What corner | 2 | |
| Use bid value | False | |
| Open position level | OpenPositionLevel |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the indicator from the Navigator onto a chart and adjust the settings.
Tags: MT4 Indicator · MQL4 Source Code