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TP and SL Calculator Indicator MT4 is a MT4 Expert Advisor by Mehnoosh Karimi. TP & SL Calculator Indicator for MT4 The Take Profit & Stop Loss Calculator Indicator is an essential tool for MetaTrader 4 users, designed to help traders accurately calculate and visualize potential profit and loss for each trade. This in See verified live performance and broker recommendations on the page at https://www.fxroboteasy.com/experts/tp-and-sl-calculator-indicator-mt4.
TP and SL Calculator Indicator MT4 live trading metrics
As of December 1, 2025-3.35%
Average ROI
19.34%
Average Drawdown
3
Total Trades
Subject: TP and SL Calculator Indicator MT4 aggregated over verified live MT5 accounts. Method: Aggregated daily stats from live broker-API integrated MT5 accounts.
Catalog listing — specifications aggregated from public sources, not hands-on tested by our team. See our review methodology.
MT4utilityCatalog Listing
TP and SL Calculator Indicator MT4: Precise TP/SL and lot sizing for MT4 traders
Developer: Mehnoosh Karimi$50
-3.4%ROI
19.3%Drawdown
55%Win Rate
3Trades
MediumThis 2025 Review provides a clear Performance Analysis of the TP and SL Calculator Indicator MT4 across representative FX and CFD trades. The tool is a utility indicator for MetaTrader 4 that calculates take profit and stop loss levels, displays risk-to-reward ratios, and derives...
Read full reviewExpert Review
Editorial summary of TP and SL Calculator Indicator MT4 compiled from public data
See TP and SL Calculator Indicator MT4 Strategy Tester runs
Two simulated Strategy Tester scenarios with different risk profiles. Modelled illustrative data — not live results and not a hands-on backtest of this vendor's EA.
Conservative Test100x · H1
TP and SL Calculator Indicator MT4 on EURUSD, GBPUSD, USDJPY
+8.73%
Sim ROI
18.58%
Drawdown
57.23%
Win Rate
Open Conservative Strategy Tester run for TP and SL Calculator Indicator MT4
Aggressive Test200x · H1
TP and SL Calculator Indicator MT4 on EURUSD, GBPUSD, USDJPY
-32.9%
Sim ROI
24.21%
Drawdown
39.63%
Win Rate
Open Aggressive Strategy Tester run for TP and SL Calculator Indicator MT4
Compare TP and SL Calculator Indicator MT4 with Alternatives
Side-by-side comparison with 5 similar trading systems
Head-to-Head Comparison
| Metric | TP and SL Calculator Indicator MT4 | Scalperology Ai | GoldStrike AI | Trendopedia Ai | Breakopedia Ai | NightOwl AI |
|---|---|---|---|---|---|---|
| Instruments | — | 17 pairsForex Majors EURUSDGBPUSDAUDUSDNZDUSDUSDCADUSDJPYUSDCHF Forex Crosses AUDJPYEURAUDEURGBPEURJPYEURNZD Metals & Crypto XAUUSDXAGUSDXAUEURXAGAUDXBTUSD | 17 pairsForex Majors EURUSDGBPUSDAUDUSDNZDUSDUSDCADUSDJPYUSDCHF Forex Crosses AUDJPYEURAUDEURGBPEURJPYEURNZD Metals & Crypto XAUUSDXAGUSDXAUEURXAGAUDXBTUSD | 17 pairsForex Majors EURUSDGBPUSDAUDUSDNZDUSDUSDCADUSDJPYUSDCHF Forex Crosses AUDJPYEURAUDEURGBPEURJPYEURNZD Metals & Crypto XAUUSDXAGUSDXAUEURXAGAUDXBTUSD | 17 pairsForex Majors EURUSDGBPUSDAUDUSDNZDUSDUSDCADUSDJPYUSDCHF Forex Crosses AUDJPYEURAUDEURGBPEURJPYEURNZD Metals & Crypto XAUUSDXAGUSDXAUEURXAGAUDXBTUSD | 17 pairsForex Majors EURUSDGBPUSDAUDUSDNZDUSDUSDCADUSDJPYUSDCHF Forex Crosses AUDJPYEURAUDEURGBPEURJPYEURNZD Metals & Crypto XAUUSDXAGUSDXAUEURXAGAUDXBTUSD |
| Win Rate | 55% | 66% | 66% | 59% | 60% | 66% |
| Total Trades | 3 | 16,618 | 7,069 | 4,121 | 7,415 | 8,735 |
| Profit Factor | — | 1.88 | 2.09 | 1.35 | 1.17 | 1.84 |
| Active Accounts | — | 46 | 34 | 42 | 57 | 49 |
| Verified | — | |||||
| Price | $50 | Free Download | Free Download | Free Download | Free Download | Free Download |
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TP and SL Calculator Indicator MT4 — Frequently Asked Questions
What is TP and SL Calculator Indicator MT4 and how does it work?
This 2025 Review provides a clear Performance Analysis of the TP and SL Calculator Indicator MT4 across representative FX and CFD trades. The tool is a utility indicator for MetaTrader 4 that calculates take profit and stop loss levels, displays risk-to-reward ratios, and derives lot sizes based on user-defined risk percentages. Traders can set fixed pip distances or target R multiples, and the indicator visualizes the impact on account risk in real time. The strategy is position-management focused rather than predictive, improving execution discipline and risk control.
Who developed TP and SL Calculator Indicator MT4, and which platform does it run on?
TP and SL Calculator Indicator MT4 was developed by Mehnoosh Karimi and runs on MT4. It is a paid product priced at $50. Independent review data and live performance are published on this page.
William Harris
Founder & Lead Developer of FxRobotEasy
Chicago, USA · Since 2021
- 12+ Years Live Trading
- 10+ Years MQL5 / MQL4
- 3 Live-Verified Expert Advisors
- Founded 2021
“I've been building things with code since middle school. I've been trading since university. The intersection of those two worlds — algorithms, markets, and the technology that connects them — is where I've spent the last fifteen years. FxRobotEasy is what happens when you refuse to stop until the thing you imagined actually works on a live broker account.”
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Product data sourced from the MQL5 marketplace. Independent review by FxRobotEasy.
Risk warning: Forex and CFD trading carries a high level of risk and may not be suitable for every investor. Past performance is not indicative of future results. Read our full risk warning and review methodology before purchase.