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Easy Reward to Risk (RRR) Indicator for MT5 Download – Free - [TradingFinder]

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MetaTrader4

MetaTrader5

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Easy Reward to Risk (RRR) Indicator for MT5 Download – Free - [TradingFinder]
Easy Reward to Risk (RRR) Indicator for MT5 Download – Free - [TradingFinder] 0
Easy Reward to Risk (RRR) Indicator for MT5 Download – Free - [TradingFinder] 1
Easy Reward to Risk (RRR) Indicator for MT5 Download – Free - [TradingFinder] 2
Easy Reward to Risk (RRR) Indicator for MT5 Download – Free - [TradingFinder] 3
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The Easy Reward to Risk indicator is a MetaTrader5 Trading Assist indicator designed for technical analysis. It helps calculate the profit-to-risk ratio in trades.

This indicator operates by displaying two distinct zones on the chart. The red zone defines the stop-loss range, while the green zone represents the take-profit range, indicating the potential gain if the trade succeeds.

Easy Reward to Risk RRR Specification Table

The table below outlines the key features of the Easy Reward to Risk RRR Indicator:

Indicator Categories:
Money Management MT5 Indicators
Trading Assist MT5 Indicators
Risk Management MT5 Indicators
Platforms:
MetaTrader 5 Indicators
Trading Skills:
Elementary
Indicator Types:
Entry & Exit MT5 Indicators
Timeframe:
Multi-Timeframe MT5 Indicators
Trading Style:
Intraday MT5 Indicators
Trading Instruments:
Forex MT5 Indicators
Crypto MT5 Indicators
Stock MT5 Indicators
Commodity MT5 Indicators
Indices MT5 Indicators
Share Stock MT5 Indicators

Uptrend Conditions

In the price chart for the Australian Dollar versus the Canadian Dollar (AUD/CAD) in a 5-minute timeframe, traders use price patterns and analytical techniques to identify entry points.

Using the Easy Reward to Risk Indicator, they can set take-profit (green zone) and stop-loss (red zone) levels without complex calculations.

Easy Reward to Risk Indicator in a Bullish Trend
Display and operation of the Easy Reward to Risk R Indicator in a bullish trend

Downtrend Conditions

In the price chart below for Ethereum (ETH/USD) in a 1-minute timeframe, traders identify short-term entry opportunities during a bearish market trend based on their trading strategy.

Easy Reward to Risk Indicator in a Bearish Trend
Easy Reward to Risk RRR Indicator in a bearish market condition

Indicator Settings

The image below shows the details of the Easy Reward to Risk RRR Indicator settings:

Easy Reward to Risk Indicator Settings
Easy Reward to Risk RRR Indicator settings in MetaTrader 5 platform
  • Chart Theme: The chart theme.

Conclusion

The Easy Reward to Risk RRR Indicator is part of the MetaTrader 5 indicator suite and suits all trading styles, including scalping, day trading, and long-term investing.

It is widely applicable in markets like forex, stocks, and cryptocurrencies. By eliminating the need for manual calculations, this indicator saves analysis time.

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FAQs

Is this indicator multi-timeframe compatible?

The Easy Reward to Risk RRR Indicator is a computational tool applicable to all timeframes.

How does the Easy Reward to Risk Indicator display take-profit and stop-loss levels?

This tool shows two ranges: a green zone for take-profit and a red zone for stop-loss.

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