Share everyone a software to calcutate the Ratio Risk/Reward of trading Gold, forex, stock, commodity…
Ex :
Using software calculate Risk/Reward
Insert Price A, insert Price B, insert Price C
And then click “Calculate”
We will see
Our entry will always be the 38.2% retracement level and our stop loss will always be below the 61.8% so we just need to select a target.
About software
Cost : free
File type : EXE
Screen resolution : 1024x768
Download : Click here
How to use Risk/Reward
We predict that the price will move up. We need to confirm Price A, Price B, Price C on the chart.
Using software calculate Risk/Reward
Insert Price A, insert Price B, insert Price C
And then click “Calculate”
We will see the results
At the Target 1, Ratio 1 = 2.05442. It’s recommended to enter a trade if Ratio > 2.
You will be entering on 38.2% retracement (1574.39) and placing your stop loss below the 61.8% retracement (1566.60) level.
After that, the price moves to 1590. It takes profit at Target 1 = 1590.