RR Trade Assistant
The RR Trade Assistant is an MT5 EA utility designed to help traders visually define trades and manage risk effectively.
This tool combines a graphical risk-reward panel with manual trade execution. Users can set entry, stop-loss, and take-profit levels on the chart, calculate lot size based on risk %, and place orders directly from the panel.
Key Features:
- Visual Risk-Reward: Drag rectangles and lines on the chart to set Entry, Stop-Loss, and Take-Profit zones.
- Risk-Based Lot Calculation: Automatically calculates lot size based on your selected risk % or fixed lot size.
- Order Execution Panel: Place market or pending orders directly from the control panel.
- Synchronized Inputs: Panel inputs and chart objects update in real time.
- Adjustable Visuals: Resize the RR tool and labels for comfortable chart viewing.
Input Parameters:
- Order Type: Select market, limit, or stop orders.
- Entry Price: Set manually or drag on the chart.
- Stop-Loss & Take-Profit: Define visually or enter manually.
- Risk Mode: Choose between risk % of account or fixed lot size.
- RR Ratio: Automatically calculates reward relative to risk.
- Visual Scale: Adjust size and font of the RR tool for clarity.
Note: It is recommended to test the RR Trade Assistant on a demo account to become familiar with its features and optimize your settings before trading live.
