Risk Reward Order Manager

Risk Reward Order Manager - This adviser who will help you follow the chosen plan, money management.

You only need to set the parameters according to the chosen strategy of money management and the drag resistance levels, and support of the warrant. Then click the order button.

Advisor performs the following operations based on the current spread:

• calculates risk reward ratio;


• Checks whether the relationship meets your settings;


• If the risk reward ratio is satisfactory, the adviser shows placement of an order button. Otherwise, the button is hidden until then, until the order will not comply with the rules;


• Advisor recognizes the type of order to be away (buy limit, buy stop, sell limit, sell stop);


• Indicates the risk and earnings (in monetary terms) of this operation;


• Calculations show that the lot size for an operation based on money management;


• It shows the distance of the stop-loss and take profit in points;


• Draws a red rectangle on the order level to stop loss (possible loss);


• Draws a green rectangle of the order level to take profit (possible gains);


• Draws a rectangle of lime color (if desired, the projection of risk / reward 1: 1).

Important! At the risk of operations, a 1: 1 value is actually a bit more. I mean, to be profitable in the long run, I set the default value of 1: 1 with a hazard ratio of 1.1. It's not a mistake!
In addition, the Advisor always shows the following information:

• Current spread;


• Minimum lot size for that pair;


• The value of the items in money for 1 lot on this pair;


• The amount used stop loss for all open transactions on the value of the magic number (in money and in% of free margin);

How it works?

After you install and drag the required levels of orders, an adviser draws five horizontal lines (the level of strong resistance, secondary resistance (dashed line), the level of strong support, the middle support (dotted line) and a yellow dotted shedding orders).

Advisor calculates the possible operations. It displays a strong resistance line and a strong line of support as a goal, as well as in accordance with the position of your order It will show you only those operations that you can open with a view of money management rules (it's a little hard to explain, so check the attached screenshots and videos).

Advisor displays button to place the standard operation (If they meet the money-management), as well as displays on the chart rectangle green (profit) and red (loss) color 

• Places an order buy limit (if the order is below the price and take profit set at the level of strong support and stop-loss at the strong resistance)


• Places an order buy stop (if the order level higher than the price, as well as sets the take profit at the level of strong support and stop-loss at the strong resistance)


• Places an order sell limit (if the order level higher than the price, as well as sets the stop-loss level of strong support and take profit strong resistance)


• Places an order sell stop (if the order is below the price and places a stop-loss at the level of strong support and take profit on high impedance)

Button installs one warrant a full lot size calculated in accordance with the settings.

If the average support or resistance is lower or higher risk to earnings ratio 1: 1, the adviser will offer a choice:

• a mark (with the lot size calculated advisor) standard operation


• a mark (with the lot size calculated advisor) operation with the risk to earnings ratio 1: 1 


• accommodate both operations one click but divided lot size subject to the rules

Input variables are shown in the screenshots and videos!

EA works well with all pairs, plus xauusd, xagusd. It does not work with cfd, such uk100, ger30, etc.!

Video

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