Search
GBP
Trading Software
    Menu Close

    Risk & Reward Trading Tool


    14-Day Refund Option (Read Policy)

    This is a cTrader Risk & Reward Tool to help traders open, close & modify orders with just one click. It calculates the number of Lots based on the amount of risk for each order. You can also adjust the order amount as a % Balance or a fixed order amount.
    Mac OS Compatible.
    (OS) Type: Windows Compatible
    Current version: 2.6.4
    Updated: Monday, 25 March 2024
    Author: FX4U.NET

    Need a broker?  Open a demo account

    Educational content: Read our disclaimer

    £49.99 Incl. VAT.
    cTrader Software

    Lifetime license, 1-year free updates

    Read our licensing terms






    You can adjust the order amount as a %Balance or a fixed order amount for each order. Based on this amount and the StopLoss you choose, the bot will automatically calculate the number of Lots to open the order. You can open and close both market orders and Limit orders or Stop orders.

    You can edit StopLoss, TakeProfit or Entry Price (for pending orders) by changing the SL, TP or Range numbers in “Quick Trading Panel” or dragging the horizontal lines on the chart.

    Stop Loss, Take Profit and Range (for pending orders) are calculated in Pips, while Expiry(min) is calculated in Minutes (If you don't use Expiry, leave it as 0 or space)

    Important note: To change between BUY and SELL orders, please drag the StopLoss line on the chart above or below the Entry Line.

     

    cTrader Risk Reward Trading

     

    Modify Orders

    In this Panel, you can close orders or edit order parameters such as StopLoss (in Prices), TakeProfit (in Prices), TrailingStop or Range (in Pips) and Expiry (in Minutes), You can also change StopLoss, TakeProfit or Range(in Pips) by number in the panel or drag the horizontal line on the chart to the desired position.

    (Note that StopLoss and TakeProfit in this panel are the prices you intend to move to)

    You can also change StopLoss, TakeProfit or Range(in Pips) by number in the panel or drag the horizontal line on the chart to the desired position. You also can change back and forth between orders to display the parameters of those orders on the Panel.

     

    cTrader Modify Order Panel

     

    How To Install & Remove

    First, make sure you have the cTrader trading platform installed and then unzip the file and double-click on it to automatically install it onto the platform.

     

    Any Questions or Difficulties Using the Product?

    If you have any questions, please first search our product help site for the answer, if you cannot find it, post a new question.