Risk-reward¶
The risk-reward tool allows you to quickly calculate the trade volume directly on the chart, based on the amount you are willing to risk or your desired profit target per trade.
Risk-reward typically compares the potential profit (reward) of a trade to its potential loss (risk). The reward is visualised as the distance between the entry price and the take-profit level, while the risk is visualised as the distance between the entry price and the stop-loss level.
Risk-reward in one minute!
- Traders use risk-reward to quickly calculate the quantity or volume of their trade, and the potential profit-to-loss ratio is visualised on the chart.
- After adding risk-reward to a chart, users can choose a calculation mode to fix values for risk, reward or order/position size.
- For convenience, traders can specify the amount they are willing to risk or gain as volume in units, a percentage of their balance or a percentage of their equity.
- Traders can enter order parameters, configure protection settings and place an order with a single tap.
Add risk-reward to chart¶
In chart objects, tap the Risk-reward icon and choose between the buy or sell options.
The risk-reward object appears on the chart.
Adjust risk-reward parameters¶
When the risk-reward object is active on the chart, choose a preferred calculation mode, calculation type and value.
Risk-reward parameters are defined as follows:
| Calculation mode | Calculation type | Value (examples) |
|---|---|---|
| Risk - set how much you are ready to lose. | Amount - define the volume in units that you want to risk. Equity - set the percentage of your account equity to risk. Balance - specify the percentage of your account balance to risk. | Amount: EUR -455.22 Equity: -5% Balance: -1% |
| Reward - define your desired profit target. | Amount - define the volume in units that you want to target as profit. Equity - set the percentage of your account equity to target as profit. Balance - specify the percentage of your account balance target as profit. | Amount: EUR 950.01 Equity: 10% Balance: 3% |
| Size - specify your trade volume or quantity. | Entry price: 1.14 Quantity (lots): 1.33 Volume (EUR): 100,000.00 |
Tap the risk-reward object on the chart, then select any of its control dots on the perimeter or in the centre to adjust your risk-reward.
Tip
When a control dot is active, you can drag your finger anywhere on the chart to adjust the object — you do not need to drag the dot itself.
You may need to manually adjust the risk-reward object on the chart to:
- Achieve your desired risk-reward ratio, as shown on the central label.
- Move the entire object along the price and time axes.
- Modify the entry price for non-market orders.
- Adjust the risk and reward areas, affecting stop-loss and take-profit parameters.
Note
Adjusting the risk-reward dimensions does not affect the pinned value of the selected calculation mode.
Place orders with risk-reward¶
With the risk-reward object already on the chart, a single tap of the Buy or Sell button places an order.
Tap the Order icon to configure the following parameters for the preset order:
Choose the desired order type. Learn more about order types in cTrader.
Warning
A market order is executed at the current price, regardless of the position of the risk-reward object on the chart.
Select the trade direction: buy or sell.
Specify your desired take-profit protection in pips or price. Learn more about take profit in cTrader.
Specify your desired stop-loss protection in pips or price. Learn more about stop loss in cTrader.
Specify your desired entry price for non-market orders and quantity or volume for the order.
After you configure these order parameters, the risk-reward object will update accordingly.
Manage risk-reward objects¶
To manage your risk-reward object, select the object and then tap the Edit icon.
Customise colours¶
You can customise the colours of the reward and risk areas separately.
You can select the thickness of the reward line and choose a dash style, ranging from solid to widely spaced.
You can also choose a different colour for the reward area and adjust its opacity using the slider.
You can select the thickness of the risk line and choose a dash style, ranging from solid to widely spaced.
You can also choose a different colour for the risk area and adjust its opacity using the slider.
Duplicate¶
Tap the Duplicate icon, and an identical risk-reward object will appear on the chart.
Lock¶
Tap the Lock icon to lock the selected risk-reward object in its current position on the chart.
Delete¶
Tap the Delete icon to remove the selected risk-reward object from the chart.