Description
UTT Risk Reward Pro is a free position size calculator MT5 indicator. Choose how much of the account to risk, and it works out the lot size, the stop loss and a three-step take profit ladder, then draws the whole trade on the chart before you place it. It was built for Deriv synthetic indices first and works the same way on Forex, Gold and Crypto.
Most lot size calculators work in pips, and Deriv synthetics have no standard pip, so they get the size wrong on Volatility, Boom, Crash, Step and Jump indices. Risk Reward Pro measures the stop in price and does the money math from the symbol’s own tick size and tick value, so a 1% risk is 1% whether the chart is Volatility 75, a Step Index, EURUSD or XAUUSD. The market type is detected from the symbol name (Deriv synthetic, metals, crypto, forex or other CFD) and shown on the panel badge.
There are three ways to set the stop, cycled from the panel. ATR Auto places it at ATR(14) of the last closed bar times a multiplier for the market: 1.5 for Volatility, Step, Forex and Gold, 2.0 for Boom/Crash and Jump, all editable. Manual uses a fixed distance, in pips on Forex and Gold or in price points on synthetics. Drag Lines lets you pull the Entry, Stop Loss and TP3 lines on the chart, and the direction follows the side the stop is on. The spread is added to the stop by default, and an optional commission per lot is counted in the risk.
TP1 sits at 1R, TP2 at 2R and TP3 at your target risk:reward, 1:3 by default, each shown with its money result. Risk can be a percentage of balance or equity, or a fixed amount. The lot is rounded down to the broker’s volume step and kept within the minimum lot, maximum lot and volume limit, and the panel shows the real money at risk after rounding, so you see what you are actually risking rather than what you asked for.
The panel also checks the trade before you take it: the margin it needs against your free margin, the spread as a share of the stop, the money already at risk in open positions on this symbol and across the account, any open positions without a stop loss, and today’s closed profit or loss against a daily loss limit (3% by default). Warnings flag a minimum lot that risks more than you asked, the maximum lot being reached, not enough margin, a spread of 25% or more of the stop, a stop or target inside the broker’s stops level, and the daily budget being exceeded.
On the chart you get Entry, SL, TP1, TP2 and TP3 lines, a red risk box and a green reward box, and labels with each price and its money result. The navy and gold panel can be minimised, scales with screen DPI and remembers its mode, direction and line positions for each symbol.
The indicator never places trades. An Expert Advisor can read the lot size (buffer 0), stop loss (1), TP3 price (2) and direction (3) through iCustom at shift 0. If you want to trade straight from the panel, the EA edition adds a one-click trade button and exact broker margin.
Single self-contained .mq5 with no include files, plus a README covering installation, market detection, the three sizing modes, the panel, every input and the buffer map. Free MT5 download. Educational tool, not financial advice: trading synthetic indices, forex, metals and crypto carries a high risk of loss, so test on a demo account first.
Works well with UTT Risk Reward Pro EA – the same calculator with a one-click trade button – and SSL Reversal & Breakout Matrix for the entry signal itself.
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