Risk Reward Ratio with Last Order Indicator for MT5 Download - Free - [Trading Finder]

The Risk-Reward Ratio with Last Order (RRO) Indicator is a crucial tool for traders who want to calculate and analyze the risk-to-reward ratio for their orders on the Meta Trader 5 (MT5) Indicator. The RRO Indicator calculates the risk-to-reward (R/R) ratio by measuring the stop loss and take profit about the entry point and displays the result clearly in the top left corner of the chart.

RRO Indicator Table

Buy Trade

In the 1-minute chart of the NZD/CHF currency pair, with a buy trade placed at 0.52076, a stop loss set at 0.52036, and a take profit set at 0.52167, the Risk-Reward Ratio with Last Order (RRO) Indicator displays a risk-to-reward ratio of 1:2.28 in the top left corner of the chart.

Sell Trade

In the 5-minute chart of Bitcoin (Bitcoin), with a sell trade placed at 54885.33, a stop loss set at 54988.59, and a take profit set at 54663.32, the Risk-Reward Ratio with Last Order (RRO) Indicator displays a risk-to-reward ratio of 1:2.15 in the top left corner of the chart.

Indicator Settings

Display Setting: Indicator display settings

• Theme: Choose the indicator theme

Order Setting: Indicator order settings

• Magic Number: Toggle unique indicator settings
• Magic Number Value: Only considers orders with the specified Magic Number
• Comment: Toggle the comment setting
• Comment Value: Only considers orders with the specified comment

Box Setting: Indicator box settings

• The corner for the Box: Set the Box's position
• X coordinate: Set the X-axis position (in pixels)
• Y coordinate: Set the Y-axis position (in pixels)
• X width: Set the width of the box line
• Y height: Set the height of the Box
• Font of Text: Set the font type
• Font size of the Text: Set the font size
• Text Color: Set the text color
• Background color: Set the background color of the Box
• Border Color: Set the border color of the Box
• Want to have Box in background: Set the Box as a background element

Summary

The Risk-Reward Ratio with Last Order (RRR with Last Order) Indicator is a practical tool in Technical analysis for traders who want to accurately measure the risk-to-reward ratio of their last trade. This MetaTrader5 Money Management indicator provides visual customization with two different themes, Light and Dark, along with various customization settings, enhancing the visual appeal of the chart. These features allow traders to perform more accurate analysis and have a better and more customized experience when viewing charts.