Risk Reward Ratio V0
Risk Reward Ratio V0 is an indicator for MetaTrader 4 from the Old Kings collection. This copy is version 0. It has 12 settings, for example Use Bid Value (default False), SLLevel (default SLPrice) and TPLevel (default TPPrice). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 1 indicator file 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 · v0 · Free
About Risk Reward Ratio V0
Risk Reward Ratio V0 is an indicator for MetaTrader 4. It has 12 settings, such as Use bid value, Sl level and Tp level. MQL source code included.
Files in the download: RiskReward_Ratio_v0_1.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Use bid value | False | |
| Sl level | SLPrice | |
| Tp level | TPPrice | |
| Open position level | OpenPositionLevel | |
| 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 |
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