Risk Calculator Indicator for MT4/MT5 - Free
Sign in to saveRisk Calculator automatically calculates the potential risk and reward of multiple open positions and pending orders.
The indicator uses a separate chart window for its output and is configurable to fit a trader's needs.
Check before you use it
Open a few positions and pending orders on a demo account and compare the risk and reward in the separate window with your own arithmetic. This shows how the indicator treats your stop-loss and take-profit levels, lot sizes and the symbols on your account, before you use its figures to plan real trades or to size a new one.
Platforms: MetaTrader 4, MetaTrader 5.
Source and license
Published by EarnForex.com as open source under the Apache License 2.0. TraderCommons does not host the files: the links on this page lead to the author's GitHub repository and product page. TraderCommons is not affiliated with EarnForex.
Test any trading tool on a demo account before you use it on a live one. Trading involves risk.