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Risk Reward Box Forex Indicator (MT4)

The Risk Reward Box Forex indicator for Metatrader 4 draws a risk-to-reward box on the chart that can be fully modified with your mouse button.

The indicator can be applied to any MT4 instrument and desired time frame.

The risk box is colored light-red while the reward box is colored green.

Just push the “Reset All Box” to reset the risk reward box indicator.

After you downloaded and installed the indicator on the MT4 trading platform, it should look like the image as shown below.

Key Points

  • Risk to reward tool
  • Works for any trading instrument
  • Works for any time frame
  • Well worth adding to your indicator collection

This indicator can work together with any existing trading strategy or system.

Free Download 

Download the “Risk Reward Box.mq4” MT4 indicator

Indicator Example Chart

The EUR/USD 1-hour chart below shows the Risk Reward Box indicator in action.

Basic Trading Signals

The indicator does not generate any buy or sell signals.

Download This Forex Indicator

Download the “Risk Reward Box.mq4” MT4 indicator

Adjustable Parameters & Settings

Draw box on all opened charts, chart time frame, colors, style

Feel free to explore the indicator’s different parameters and settings to create your own personalized indicator setup.

More Info About This Indicator

Currency Pairs: works on any currency pair

Trading Platform: developed for Metatrader 4 (MT4)

Time Frames: any

Indicator Type: risk/reward

How to install the Risk Reward Box indicator in Metatrader 4?

  • Copy and paste the Risk Reward Box.mq4 indicator into the MQL4 indicators folder.
  • You can access this folder from the top menu as follows:
  • File > Open Data Folder > MQL4 > Indicators (paste here)

How to remove the indicator from the chart?

  • Right click in the chart
  • Select indicators list
  • Click on the indicator’s name
  • Click on the delete button