Best Risk Calculator For Meta Trader 4 And Meta Trader 5 |🔥

[Music] [Music] hello and welcome to the risk calculator walk around video this video is going to be about the best expert advisor you can get for metatrader 4 and metatrader 5. the key to winning trades and consistently increasing your profits is to manage your risk it said on average you should risk between one and five percent of your account per trade which minimizes your risk and protects your account from getting blown with all this in mind let me continue to show you how the risk calculator expert advisor works and automatically does all these things for you here we have the metatrader4 terminal and our risk calculator expert advisor installed onto the gj chart so what i want to do right now is demonstrate a one percent trade on this account and i'm looking to possibly do a short here so what i do is go on to my risk field and type in one because i want one percent of my account to be risked on this trade and i'm looking to do a sell so i simply click sell and it does all the calculations for me all i have to do is work out where i want my loss and as you can see the the figures change here and the volume the lot size it works all of that out for you so i'm looking to have my stop here right above this candle wick and i'm looking for my profit zone to be around here for demonstration purposes so i'm quite happy with the this um risk to reward of one to five it tells you that as well and it will tell you how much i would lose if the trade didn't go my way it shows you that it's always be one percent and how many pips to profit it would be and how much total i'd um win from this trade if it goes my way so once we've worked all this out before placing the trade and it looks great here you click execute trade and now the trade has been taken in place this process usually takes a lot longer and people usually do stuff like use calculators online let me get one up right now something like this a lot of people use and i have to work out all the account size risk to rule ratio stop loss this simply does it all for you inside the terminal so you don't have to worry about these kind of things when you're making important trading decisions so yeah that is the first part and the same thing goes for if you want to do a buy so simply click buy calculator and we already looked into our one percent trade risk but say for this example we want to bring our stop all the way down to here and it will show you that it's always one percent risk it's automatically worked out the volume lot size for you and say we want to take our profit here at this at the end of this week and you can see how much profit you'll make on this trade how much loss if the trade doesn't go your way and simply hit execute trade no long-winded calculations need to be made you can literally just take your lines and drag them to where you want and hit execute trade so that's the first part of the video and next i'll show you about the risk to reward ratios so say if you like to do one-to-one trades simply type it into this box here and still we're keeping at our one percent risk so now say we would like to do a cell here you can see that our risk to roared ratio is locked in at one to one i know a lot of people like this feature and like to set a standard of a reward ratio when entering a trade so that's one of the reasons why i implemented this feature into the expert advisor so you can do any risk to reward personally i like to do a one two three at minimum so we do that we can change it to that and hit enter and you can see our risk reward has completely changed still locked in at one percent i can show you at two percent if we decided to be more risky hit that and you can see that we've changed to two point two percent here here sorry for your risk and what you do now is simply like before hit execute trade and we're in another great feature that i'd like to show you is the pending orders feature this will allow you to plan your future trades using the risk calculators percentage feature and the risk to rewards ratio feature these pending orders will activate once triggered let me show you so for example if we hit this pending order you'll see this yellow line appear which matches the color of the button and we'd like to take a future trade up here along a long trade at two percent risk which we've entered here so what we do is simply drag the line up to where we would like to take the buy our loss where we work out our loss so i'd say here under this wick and our profit would be here as it's a one to one mr reward ratio so with all that in place it will tell you our stop loss how much we're risking on an account how much would lose if the trade doesn't go our way our lot size here how many pips away from our profit and our total profit target what we do to execute that is hit enter and that will trigger once the levels here have been reached so another thing i wanted to show you with the pending orders is that i know a lot of you like me use trading view to do your analysis so i've worked out this analysis on trading view on the gjper and i want to take this analysis and work out my risk to reward ratio on trading on a metatrader so what i'll do is click my pending order and what we can do is right click here and enter our values here this goes this is the same for people that use things like signal groups and whatsapp telegram groups so for example i've made this fake signal right now so i'm using this tool because i want to still stick with my vista reward which i've um my risk surrey which i've entered at the start which for this trade is going to be three percent so this signal says enter at this level my stop loss at this level and take profit at this level so what we do first is copy this and i'll show you from the start what we do is right click this and click on the properties and paste that into here next we do the stop loss redline indicates the stop and lastly the take profit so this is a really easy simple way of working out your risk so this has already worked out how much i would lose if the trade wasn't going my way which is three percent and my profit and my lot size for my pending order straight from my signal group or if i've done my own analysis what we do here is right click or double click and all these things appear so you simply can copy that and paste it right into here which is the same as a as this one but it streamlines the whole process removes calculations of working out how much you have to risk and everything like that so what we do is now is enter this and done it will trigger once it's hit here easy so the next thing i want to do is introduce you to the one click tracing system included in the risk calculator so the first thing is half close so it does what it says for example this trade in euro usd we're in at the moment um euro usd you can see here the lot size is 1.46 um say we're in profits of 75 dollars at the moment and we want to close half of our position simply click the ticket which matches this order here and click close half so once we click that you can see that half our position has been closed the second feature of the one click trading system is custom close so to activate that and to change settings what we do is click into settings and this window will appear and for this one i've selected 10 so anytime you click the close custom button 10 of your trade will be closed so this is really handy once you're in profit and then say you want to move to stop uh move your stop to break even and you want to let the rest run so that's how i use it personally so what i'll do here for for example is select this eur usd trade and currently it's at 0.73 lots what do is click the custom and you can see drop by 10 so we secured 10 really easily so the third feature of the one click trading system is move your stop loss to break even automatically so for example we're in this usd cad trade at the moment and we can see we nearly 500 in profit and we would like to move our stop loss to break even automatically so we have a risk-free trade what we do is select the ticket here which matches up to that again and simply click stop loss to break even and here you can see it's matched up perfectly and we're in a risk-free trade this eliminates the need to keep dragging the lines sometimes missing them and whatever all you do have to do is click this button and it's done the final feature is the partial take profit i think this is one of the most useful things that really should have been implemented with a metatrader so what you do is so this this is the same trade and say we want to eventually take some profit here so what we do first is go into settings and select our partial take profit so right now it's 0.5 so anything anything that hits our partial take profit will take half of our profit straight off the table so what we do is click that and move it to wherever we'd like and it will tell you how much profit it will secure here um how much percentage it would be all we literally do is drag the line where we want and once it hits it will secure that profit so right now we're in a risk-free trade where the stop-loss is moved to break even wants to be completely risk-free and once it hits this we've secured profit and we can let the rest run into our final profit zone that's all the features of risk calculator hope you've enjoyed the video please visit riskcalculator.app for more information and good luck trading thanks

Channel: Risk Calculator

Views: 16,534

Keywords: Expert Advisor, risk management forex, forex expert advisor, free expert advisor, forex for beginners, forex trader, forex, live forex trade, forex signals, meta trader 4, risk per trade, copy trader, trading risk, risk reward ratio, trading tools, trading heroes, metatrader, fibonacci, Risk Calculator for Meta Trader 4 And Meta Trader 5, Risk Calculator, best Risk Calculator for Meta Trader 4 And Meta Trader 5, Risk Calculator for Meta Trader, scalping, expert advisor low risk

Id: 38Ag9ebEqn0

Length: 12min 43sec (763 seconds)

Published: Mon Aug 24 2020