present
Sign up and get $50 off your first purchase
Trading product for RiskRewardTool Indicator BTCUSD Forex, image 1
RiskRewardTool
Indicator
217 downloads
Version 1.0, Mar 2026
Windows, Mac
Trading product for RiskRewardTool Indicator BTCUSD Forex, image 2
Trading product for RiskRewardTool Indicator BTCUSD Forex, image 3
Trading product for RiskRewardTool Indicator BTCUSD Forex, image 4
Trading product for RiskRewardTool Indicator BTCUSD Forex, image 5
Trading product for RiskRewardTool Indicator BTCUSD Forex, image 6
Trading product for RiskRewardTool Indicator BTCUSD Forex, image 7
Since 14/01/2025
58
Sales
12K
Free installs

Description

As much as I love cTrader, the latest update for the Risk Reward tool is frustrating at times. I was not a fan of how it locks your y axis, so I built this one instead.

RR Calculator Pro gives you complete chart freedom while removing every manual calculation from your trade planning. Draw a rectangle spanning your entry and stop loss, label it in the comment area either RRL for a long or RRS for a short, and the indicator instantly calculates and displays everything you need before placing the trade.

How it works
The rectangle you draw is your risk zone. Its height defines your stop distance in pips. The indicator reads that distance, applies your chosen risk amount, and projects three take profit zones above or below it β€” all contained neatly within the width of your rectangle. No lines extending across your chart, no clutter.

Position Sizing
Choose from Conservative (0.5%), Normal (1%), Aggressive (2%) or Custom risk profiles β€” or bypass percentage-based sizing entirely by entering a fixed dollar amount. Set risk to $58 and every calculation flows from that exact number. Your exact lot size, unit count, dollar risk and spread cost are shown immediately.

Take Profit Zones
Three configurable reward multiples (default 1R, 2R, 3R) are drawn as colour-coded zones projected from your entry. Each zone shows pip distance, dollar profit at that target, and your partial close percentage. The zones graduate from light to bright green giving an instant visual read on reward potential.

Risk:Reward at a Glance
The dashboard shows your weighted R:R (accounting for partial closes), maximum total profit across all targets, and expectancy at a 50% win rate baseline. A Quick mode condenses everything into six lines for traders who prefer minimal screen real estate.

Multiple Setups Simultaneously
Draw as many RRL and RRS rectangles as you need. Each one is calculated independently and the dashboard stacks all setups in a single panel β€” no overlapping, no confusion.

Label Alignment
All labels can be anchored to the left or right edge of your rectangle β€” useful depending on where the rectangle sits on your chart.

Happy trading! Good Luck!

Summary

AI summary
RiskRewardTool is a trading indicator designed to simplify risk and reward calculations on charts. Users draw a rectangle spanning their entry and stop loss levels, labeling it "RRL" for long positions or "RRS" for short positions. The rectangle’s height defines the stop distance in pips, which the tool uses to calculate position size based on selected risk profiles (Conservative 0.5%, Normal 1%, Aggressive 2%) or a fixed dollar risk amount. It then projects three configurable take profit zones (default multiples 1R, 2R, 3R) as color-coded areas on the chart, showing pip distances, potential dollar profits, and partial close percentages. The dashboard provides a weighted risk-to-reward ratio accounting for partial closes, maximum total profit, and expectancy at a 50% win rate. Multiple setups can be drawn and calculated independently, with all results consolidated in a single panel. Labels can be anchored to either side of the rectangle for chart clarity. The tool supports various markets and symbols including Forex pairs (EURUSD, GBPUSD, NZDUSD, USDJPY), cryptocurrencies (BTCUSD), indices (NAS100), commodities (XAUUSD), and stocks. It aims to provide clear, clutter-free visual trade planning without manual calculations.
Indicator profile

Customer reviews

0.0
Reviews: 0
Customer reviews
No reviews for this product yet. Already tried it? Be the first to tell others!

Discussion

FAQ

BTCUSD
Forex
Signal
Breakout
Indices
EURUSD
Commodities
GBPUSD
NZDUSD
Scalping
Fair Value Gap
SMC
Crypto
Stocks
XAUUSD
NAS100
ATR
USDJPY
Products available through cTrader Store, including trading bots, indicators and plugins, are provided by third-party developers and made available for informational and technical access purposes only. cTrader Store is not a broker and does not provide investment advice, personal recommendations or any guarantee of future performance.

More from this author

Indicator
Forex
Crypto
+3
Track major trading sessions (Tokyo, London, New York) with customizable colors and visual sessions on your chart.
Indicator
Auto-detect supply & demand zones, remove broken levels, and trade smarter with real-time alerts. Precision made simple.
Indicator
Forex
Market Session V2: Full Control. colors, history, session/text toggles, font size. Elevate your strategy!
Indicator
Forex
Version 3: Full control of session display including start and end times of all 3 sessions!
Indicator
Supply and demand zones. They're important. Here's a free version to get you started!
Indicator
The Multi-Timeframe Candle Indicator displays candles from multiple timeframes in one window, enhancing market analysis!
Indicator
VWAP
VWAP Set to London Open
Indicator
The long awaited new and improved Supply Demand Premium V2 indicator. Unlock greater trading opportunities now!
Indicator
SMC
Prop
+13
Smart Money Suite (Lite): BOS, CHoCH, Swing structure, PDH/PDL & session killzones. Essential SMC tools, zero clutter.
Indicator
BOS
MSS
+2
Stay ahead with a real-time countdown to candle closes on all key timeframes: 5m, 15m, 30m, 1H, 4H, and Daily.
Indicator
Forex
EURUSD
+3
US Dollar Index
Indicator
Forex
NZDUSD
+2
RCS: 8 majors! AUD,USD,EUR,JPY,GBP,CAD,CHF,NZD. Find how strong each currency is relatively and trade smarter!

You may also like

Indicator
AI
ATR
+15
Engulfing Candle Indicator Pro
Indicator
Forex
Indices
+1
Professional Fair Value Gaps with multitimeframe spot on
Indicator
AI
ATR
+26
Liquidity Cluster Order automatically detects and draws accumulation zones & distribution zones
Indicator
Engulfing
Fibonacci
+4
Six higher-timeframe candle sets on one chart, with liquidity sweep detection and swept levels.
Indicator
ATR
Forex
+3
LevelMaster S/R: Pinpoint key support & resistance zones with precision. Perfect for traders of all levels Trade smarter
Indicator
Key Levels
Liquidity Grab
+2
A practical XAUUSD workspace for mapped levels, session context, liquidity events, alerts and risk planning.
Indicator
Forex
Identify 34 candlestick patterns, track trends across timeframes, and get instant alerts with this powerful trading tool
Indicator
Flag
VWAP
+5
Session VWAP with statistical deviation bands, gradient cloud, and live rejection alerts β€” see exactly how stretched pri
Indicator
Spread Filter
SpreadSync Entry Timer is a compact cTrader indicator that shows live spread and candle-close.
Indicator
Spot Strong Trends Early & Filter Market Noise
Indicator
VWAP
Volume
+4
Advanced Order Flow & Volume Profiling for cTrader. Unveil institutional footprints, Delta, and Anchored VWAPs.
Indicator
AI
Grid
+10
Crossover Buy and Sell Alerts and signals
Indicator
SMC
Forex
+5
The only cTrader FVG indicator with Breakaway Gap detection, mitigation tracking, and full multi-asset compatibility.
Indicator
Breakout
Fibonacci
Statistically-grounded trend channels via linear regression β€” clear trend & reversal zones.
Indicator
RSI
MACD
+3
A comprehensive cTrader indicator designed to give you a quick, at-a-glance understanding of market sentiment πŸ“ˆπŸ“‰
Indicator
RSI
Key Levels
+3
MARCs Multi-timeframe market dashboard with trend rows, RSI context, sessions, presets and optional chart levels.
Indicator
AI
ATR
+27
Supertrend Indicator
Indicator
Forex
EURUSD
ECONOMIC FOREX:provides insights into inflation, nominal interest rates and real interest rates, in the line chart

Price

Since 14/01/2025
58
Sales
12K
Free installs