Risk And Reward Management – Lite is a pre-trade risk control tool designed to help traders define position size, stop loss, and take profit levels before placing orders. It provides instant calculations of exact risk amount (fixed value or percentage of balance), required position volume, and real-time risk/reward ratio by allowing users to drag and adjust Stop Loss and Take Profit lines. The tool supports various order types including Buy/Sell, Buy Stop/Sell Stop, and Buy Limit/Sell Limit.
This Lite edition focuses on enhancing discipline and decision-making at trade entry without automation or complex logic. It does not manage trades after entry, leaving full control to the trader. Key features include automatic position size calculation based on risk amount and stop loss distance, manual volume input, clear risk and reward display before order execution, and the ability to add order comments for trade tracking. It is compatible with Windows and macOS platforms.
The product is intended for traders seeking simple, fast, and reliable risk control, including day traders and scalpers who manually plan trades, as well as those aiming to consistently apply risk management and avoid over-risking single trades. It is not a trading strategy or signal but a safety layer to ensure risk is defined before trading.