RRR with lines Indicator Download MT4 - Free [TradingFinder]

Risk management is a fundamental principle for success and sustainability in financial markets. The RRR with lines helps traders assess the ratio of risk (Risk) to potential reward (Reward).

The RRR Indicator is a highly practical technical analysis tool in Meta Trader 4 that assists traders in calculating the risk to reward ratio.

Indicator Specifications Table

Uptrend Condition

In the 1-hour price chart of Bitcoin (BTC), Line 1 represents the Take Profit (TP) level in green, Line 2 represents the Stop Loss (SL) level in red, and Line 3 represents the Entry point in gray.

A box on the left side of the image shows the trade's risk to reward ratio. "1" indicates the risk, and "11.10" shows the profit relative to the loss.

Note: In a manually set long position, the green line is placed above and the red line below the entry line.

Downtrend Condition

In the 4-hour price chart of the AUD/USD currency pair, Line 1 represents the Take Profit (TP) level in green, Line 2 represents the Stop Loss (SL) level in red, and Line 3 represents the Entry point in gray.

The Box on the left side of the image shows the trade's risk to reward ratio. "1" indicates the risk, and "10.50" shows the profit relative to the loss.

Note: In a manually set short position, the green line is placed below and the red line above the entry line.

Settings

• Theme: You can choose between Dark and Light themes;
• The Corner for the Box: Adjust the position of the information box;
• X coordinate: Move the information box horizontally on the chart;
• Y coordinate: Move the information box vertically on the chart;
• X width: Adjust the width of the information box;
• Y Height: Adjust the height of the information box;
• Font of Text: Change the font type for the text inside the information box;
• The font size of the Text: Adjust the font size of the text inside the information box;
• Text Color: Change the color of the text inside the information box;
• Background color: Change the background color of the information box;
• Border Color: Set the border color of the information box;
• Want to have a Box in the background: Allows placing the indicator's information box as a background element on the chart.

Conclusion

The RRR with lines Indicator clearly shows the profit to loss ratio, allowing traders to make more informed decisions about trade entries and exits. This indicator helps traders preserve their capital and avoid high - risk positions with low rewards.