cTrader Free Mac OS Risk & Reward Tool

The tool allows traders to clearly define and assess the potential risks associated with a trade. By plotting risk levels on the chart, traders can visually see their risk exposure relative to potential rewards, helping them make more informed decisions. Risk and reward charting tools provide traders with objective criteria for evaluating trade setups. Instead of relying solely on intuition or emotions, traders can use quantitative data to assess the risk-reward ratio of each trade opportunity, leading to more disciplined and consistent decision-making.

Enhanced Trade Planning

By visualizing risk and reward levels on a chart, traders can better plan their trades and set realistic profit targets and stop-loss levels. This helps traders manage their trades more effectively and avoid impulsive decisions based on market fluctuations.

Improved Risk Management

Utilizing risk and reward charting tools enables traders to implement effective risk management strategies. They can adjust position sizes based on the risk-reward ratio of each trade, ensuring that they only take on trades with favourable risk-reward profiles and limiting potential losses.

Features Not Included

The following features are not included if you wish to use the full features of the product, you will need to download the paid version.

• Setting risk as fixed cash for equity & balance.
• Setting risk as a % of equity.
• Setting risk as a % of the balance.
• Submitting orders directly from the charting tool.
• Auto-position resizing when adjusting risk & reward levels.
• Automatic risk calculations when adjusting position.
• Custom instance name for multiple same symbol trading.
• Order confirmation message.
• Order types - Market, stop or limit.
• Expiry time for pending orders.
• Use of last swing high and low for risk & reward levels.
• Ability to turn off auto position sizing.
• Option to trade indices.
• Remember last-stop loss and take profit values.
• Tick charts are not available for the free version.

Charting Analysis

This tool can be used for potential trade set-ups showing your risk and reward in pips, money and as a % of your account, it gives you all the information you need to enter a trade with confidence knowing that you will not risk more of your money than you want to.

Quickly Change Order Type

From the control panel on the chart, you can quickly change the order type for fast intraday trading, by simply clicking on the purple button to select Market, Stop & Limit orders.

Configurable Settings

This copy was designed to work with the Mac OS, but will also work with Windows 10 or 11+.

The tool allows the trader to configure the settings that will suit their trading style and as you can see below there is a comprehensive list of configurable settings to suit everybody. This tool lets you plan your trades for Forex and Indices.

• Read the settings user guide

Submit Market, Stop & Limit Orders

Traders have the option to place both market and pending orders once they have used the tool to plan their trade setup, the Risk & Reward tool will then manage the predefined risk of the trade so only the pre-planned loss or profit will ever happen.

• Read the user guide for submitting orders

Add Advanced Risk Management

It is possible to attach profit targets, trailing stop loss, break-even & stealth stop-loss and more by using the cTrader Forex Risk Management Tool which will do this and more. This risk manager will only work with Forex and you will need to use the Attach to ATS feature so that it only manages trades from the Risk-Reward Tool.

• cTrader Forex Risk Management Tool