Summary of 📌Risk Reward Ratio Calculator Indicator for MT4/5 - Free - [TFlab]

The video discusses the Risk Reward Ratio Calculator Indicator for MetaTrader 4 and 5, available for download from the Trading Finder website. This tool assists traders in calculating their risk-to-reward ratios when trading.

Main Financial Strategies and Features:

Indicator Installation:
- Download the indicator file from the Trading Finder website.
- Select the indicator from the Navigator section and drag it onto the chart.
- Activate "allow DLL imports" and confirm.
Panel Features:
- The panel appears in the top left of the chart and can be moved or minimized.
- Users can choose between light and dark themes for the panel.
- Displays the time left until the current candle closes and the active time frame.
Setting Parameters:
- Default settings include five take profit levels and a stop loss of 100 pips, which can be adjusted.
- Traders can select buy or sell positions and adjust their stop-loss amounts by dragging.
Risk Reward Calculation:
- Users can adjust their risk-to-reward ratio by moving the entry options and stop-loss amounts.
- The panel allows for easy expansion and adjustment of risk reward ratios.
Display Options:
- The panel can switch between vertical and horizontal modes.
- Risk reward ratios can be viewed in text or percentage format.
Trade Management:
- Traders can open multiple risk reward ratios and delete trades using the delete button.