About the Risk Reward Ratio Expert Advisor
The Risk-Reward Ratio Metatrader 4 Forex Robot utilizes the Relative Strength Index, Moving Averages, and Stochastic indicator to open and close buy and sell positions on autopilot.
The Risk-Reward Ratio expert advisor is trusted to work with all major currency pairs, for instance, the EUR/USD, GBP/USD, USD/CAD, USD/JPY, etc., on all time frames.
In addition, the MT4 expert advisor gauges support and resistance levels upon which it can adequately map out accurate overbought/oversold market levels.
It is this logic that allows it to evaluate the direction the price is heading.
Using this robot can be further enhanced if the user plays around with the EA’s input values for a more personalized setting.
Free Download
Download the “Risk Reward Ratio.mq4” MT4 robot
Key Features
Customizable Risk/Reward Settings
Set your desired risk per trade and take profit targets to align with your trading strategy.
Automated Trade Execution
Trades are executed automatically according to the risk/reward parameters without manual intervention.
Multi-Timeframe Compatibility
Operates across all timeframes, allowing flexible strategy deployment on M15, H1, or H4 charts.
Flexible Currency Pair Selection
Works on major, minor, and exotic pairs, giving traders versatility in applying their strategies.
Adaptive Trade Management
Dynamically adjusts trades to maintain the defined risk/reward ratio, even in volatile market conditions.
Strategy Tester Report
Find below the Risk-Reward Ratio forex robot strategy tester report for the EUR/USD forex pair on the daily chart.
Key Performance
With controlled consecutive losses and a stable win rate, the EA demonstrates reliable performance under various market conditions.
The EA made a total profit of $137920.81 from a total of 173 trades.
The largest winning trade generated $23648.20 in profits, while the largest losing trade generated a loss of $10048.77.
Statistics:
Bars in test: 2526 ticks modelled
Initial deposit: $50000.00
Total net profit: $137920.81
Total trades: 173
Largest profit trade: $23648.20
Largest loss trade: -$10048.77
Consecutive wins: 2
Consecutive losses: 2
How the EA Works
- Monitors price for optimal entry opportunities based on trend and volatility.
- Calculates stop loss and take profit according to the user-defined risk/reward ratio.
- Executes trades automatically when conditions meet strategy requirements.
- Manages open trades dynamically to preserve risk/reward consistency.
- Adjusts trade settings for different timeframes and currency pairs.
Download Now
Download the “Risk Reward Ratio.ex4” Metatrader 4 robot
Parameters & Settings
- RiskPerTrade — percentage of balance risked per trade
- TakeProfitPips — number of pips for take profit
- StopLossPips — number of pips for stop loss
- Timeframe — compatible with M15, H1, H4 charts
- CurrencyPairs — select desired trading instruments
- MagicNumber — unique identifier for trades placed by this EA
Recommended Trading Setup
- Pairs: EUR/USD, GBP/USD, USD/JPY for liquidity and low spreads.
- Timeframes: M15, H1, and H4 for optimal trade identification.
- Broker: ECN or low-spread broker recommended for accuracy.
- Account Type: Standard or ECN with fast execution.
- Risk Management: 1–2% per trade for account stability.
FAQ
Can this EA be used on all pairs?
Yes, it is compatible with major, minor, and exotic currency pairs, but performance is best on major pairs.
How do I install the EA?
Copy the .ex4 file into the MT4 Experts folder, restart MT4, and attach it to your chart.
Is it suitable for beginners?
Yes, but beginners should use a demo account first to familiarize themselves with the settings.
Does it work on all timeframes?
Yes, but M15, H1, and H4 provide the most reliable performance.
Can I adjust risk/reward settings?
Absolutely. The EA allows full customization of stop loss, take profit, and risk per trade.
Summary
The Risk Reward Ratio MT4 Forex Robot is a disciplined automated trading solution that optimizes every trade according to predefined risk and reward parameters.
It combines automated execution, adaptive trade management, and multi-pair compatibility to help traders maintain consistency.
By adjusting the EA’s inputs to match account size and market conditions, traders can achieve steady performance while controlling risk.
Download the free version today, test it on a demo account, and implement it in your trading strategy to capture profitable opportunities efficiently.