[Fx4U] Risk & Reward Trading Tool Pro is a trading utility designed to facilitate quick order management with one-click operations. It supports opening, closing, and modifying market, limit, and stop orders efficiently. The tool automatically calculates lot sizes based on user-defined risk amounts and stop loss levels, helping manage position sizing according to risk parameters.
The interface includes a Quick Trading Panel where users can toggle between buy and sell orders by adjusting the stop loss line on the chart. Users can specify order amounts as a percentage of their balance or as fixed values. StopLoss, TakeProfit, and entry prices for pending orders can be edited either numerically or by dragging lines on the chart. Parameters such as SL, TP, and range are measured in pips, while expiry times are set in minutes.
A Quick Modifying Panel allows users to close orders or adjust order parameters including StopLoss, TakeProfit, TrailingStop, range, and expiry. Changes can be made by entering values or dragging chart lines. The panel also enables switching between orders to view and edit their details.
This tool operates in both real-time trading and backtesting modes, supporting multiple forex symbols including EURUSD, GBPUSD, USDJPY, and XAUUSD (gold). It is intended to streamline risk and reward management in forex trading environments.