Risk & Reward Trading Tool Pro.v2.15 is a trading indicator designed to facilitate quick order management for traders. It enables one-click opening, closing, and modification of orders, supporting market, limit, and stop orders. The tool automatically calculates lot sizes based on user-defined risk amounts and stop loss levels. It operates in both real-time trading and backtesting modes.
Key features include a Quick Trading Panel for adjusting buy/sell orders by dragging stop loss lines on the chart, setting order amounts as a percentage of balance or fixed value, and editing stop loss, take profit, and entry prices either numerically or via chart interaction. Stop loss, take profit, and range parameters are measured in pips, while order expiry is set in minutes.
An advanced settings section allows configuration of break-even triggers based on price movement in pips, risk/reward multiples, or elapsed bars, as well as multi-level take profit targets with up to five levels.
The Quick Modifying Panel supports closing orders and editing parameters such as stop loss, take profit, trailing stop, range, and expiry, with visual order selection by ID. The tool supports major markets including Forex (e.g., EURUSD, GBPUSD), Crypto, and commodities like XAUUSD (gold).