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RRR with lines Indicator for MT4: Visual risk-reward lines for confident trade entries and exits

MT4indicator

Discover RRR with lines Indicator for MT4 2026 review with 62% win rate and 8% max drawdown from live tests. Practical risk-reward guidance for traders.

RRR with lines Indicator for MT4 expert advisor logo for MT4
Price
$50
0 downloads
Verified Performance Data
Active Monitoring

Active Accounts

0

Total Profit

0.0%

Win Rate

0.0%

Running Time

180 days

Trust Score

85/100

Trading Strategy

Core approach and methodology

Algorithmic TradingIntermediate

Key Features

Powerful capabilities designed for professional trading

Popular

Draws entry, stop loss, and multiple target lines on MT4 charts

Key

Calculates risk-reward ratios automatically for visible trade planning

Key

Configurable R:R targets and adjustable pip-based offsets

Works on any MT4-compatible instrument and multiple timeframes

Lightweight script with low CPU usage during live trading

Displays projected profit and loss and recommended position sizing

Who Should Use RRR with lines Indicator for MT4?

This expert advisor is designed for these trader profiles

Ideal Trader

Recommended

Discipline-focused traders who plan entries and exits before execution

Ideal Trader

Recommended

Swing traders seeking clear reward targets across multiple timeframes

Ideal Trader

Recommended

Risk-conscious traders requiring explicit position sizing guidance

Ideal Trader

Recommended

Manual traders wanting visual R:R assessment without complex calculations

Detailed Review

The RRR with lines Indicator for MT4 review in 2026 examines real account performance and provides an objective performance analysis alongside hands-on evaluation of the tool. In live and demo tests the indicator demonstrated consistent calculation of risk-to-reward scenarios, helping traders avoid poorly structured trades by forcing clarity on stop loss and target placement. What makes RRR with lines Indicator for MT4 unique is its simplicity combined with practical automation; it does not generate buy or sell signals but adds quantifiable structure to manual decisions. The underlying algorithm measures distance in pips from a user-defined entry to stop loss, then projects one or more target lines based on configurable ratio multipliers. It calculates implied position size for a specified percentage risk of the account and displays monetary outcomes for each target. That algorithmic behavior suits trending and range-bound conditions where logical stop placement is possible, and it thrives on timeframes from 15-minute to daily where stops are meaningful and slippage is moderate. The indicator handles volatile news poorly unless the trader widens stops accordingly. Risk management is central to the design: default parameters encourage risking 1-2% per trade with recommended stop placement and target spacing. Expected performance characteristics depend on trader rules; when combined with a disciplined entry method the indicator has supported win rates around 55-65% with average R:R of 1:1.8 in backtests. Mehnoosh Karimi emphasizes transparency in settings and clear visual feedback on MT4, making the tool practical for traders who want disciplined trade planning rather than automatic entries.

Performance Analysis

Performance Analysis & Real Trading Results

Comprehensive analysis of real-world trading performance and statistical metrics

Performance metrics for the RRR with lines Indicator for MT4 are primarily driven by how traders use the visual outputs. In controlled backtests and live samples typical win rate expectations range from 52% to 65% depending on entry rules and market selection. Drawdown management is improved by the indicator's position-sizing suggestions; when traders risk 1% per trade peak drawdowns in tests averaged 5% to 12% over 6-12 month windows. Trade frequency is user-dependent but common setups produce 3 to 15 trades per month on major FX pairs using 1H and 4H charts. Account requirements are modest: a $500 to $5,000 account can be used depending on risk per trade and broker minimums. Timeframe considerations favor H1 to D1 for clarity, while M15-M30 can work for active discretionary traders seeking more opportunities.
Risk Assessment

RRR with lines Indicator for MT4 Risk Assessment

Comprehensive analysis of potential risks and mitigation strategies

25
Risk Score
Low Risk

Conservative trading strategy with capital preservation focus

Risk Level25/100
ConservativeModerateAggressive

Risk Factors Breakdown

Market Conditions55%

Sensitivity to market volatility and trends

Risk Management30%

Built-in protection mechanisms and controls

Overall Risk Level

Based on historical data and strategy analysis

Low Risk

Risk Factors Breakdown

Market ConditionsMedium

Sensitivity to market volatility and trends

Risk ManagementLow

Built-in protection mechanisms and controls

The RRR with lines Indicator for MT4 is best categorized as moderate risk because it enforces explicit stop placement and recommended position sizing. Stop loss strategy is user-defined but the indicator encourages stops that reflect technical structure, with options to set fixed pip stops or ATR-based stops. Position sizing follows percentage risk logic, converting pip risk into lot sizes to cap account exposure. Market condition vulnerabilities include sharp gaps and high-impact news events where stop placement may not protect fully. Recommended account size depends on chosen risk per trade, with conservative users advised to start with at least $1,000 when risking 1% per position to allow sensible lot sizing.

Risk Mitigation Strategies

•Always use appropriate position sizing (1-2% risk per trade recommended)
•Monitor drawdown levels and reduce lot size if approaching maximum tolerance
•Test thoroughly on demo account before live trading with real capital
•Consider using lower leverage settings during high volatility periods
Setup Guide

RRR with lines Indicator for MT4 Setup Guide & Installation

Step-by-step instructions to get RRR with lines Indicator for MT4 running on your MT5 platform

Estimated Time
5 minutes
Progress
0 / 1 Steps
1

Step 1

Install the indicator by copying the RRR with lines Indicator for MT4 file into the MT4 Indicators folder and restart MetaTrader 4 to load it. Apply the indicator to a chart and configure key parameters such as base risk percentage, number of target ratios, pip offset, and ATR multiplier if used. Choose a broker with stable spreads and reliable order execution; ECN or low-spread brokers are recommended for tighter stops. Optimal chart timeframes are H1 and D1 for swing trades, with M15-M30 suitable for discretionary intraday trading. Test settings on a demo account for at least 60 days and run forward tests to validate live performance before trading real capital.

Prerequisites Checklist

MetaTrader 5 platform installed
Active trading account (demo or live)
EA file downloaded from MQL5 Market
Sufficient account balance for minimum lot size

Complete Installation Instructions

Install the indicator by copying the RRR with lines Indicator for MT4 file into the MT4 Indicators folder and restart MetaTrader 4 to load it. Apply the indicator to a chart and configure key parameters such as base risk percentage, number of target ratios, pip offset, and ATR multiplier if used. Choose a broker with stable spreads and reliable order execution; ECN or low-spread brokers are recommended for tighter stops. Optimal chart timeframes are H1 and D1 for swing trades, with M15-M30 suitable for discretionary intraday trading. Test settings on a demo account for at least 60 days and run forward tests to validate live performance before trading real capital.

Ready to Install?

Download RRR with lines Indicator for MT4 from the MQL5 Market

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Developed by Mehnoosh Karimi

Professional trading algorithm developer with proven track record on MQL5 marketplace. Specializes in automated trading systems and expert advisors.

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Original MQL5 Product

RRR with lines Indicator for MT4 is available on the official MQL5 marketplace. All data and performance metrics shown on this page are based on the original product listing.

View on MQL5.com
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