There are some readily available risk management templates that you can use. These can help you add sophistication to how you open and close positions, increasing your trading profits The templates are available for backtesting and trading as they are, but you can also modify them easily.
You just need to click the second “Templates” button on the right corner of the asset management panel. Here is a visual guide:
Each template offers four different settings: Volume, Margin, Take Profits, and Stop Losses. In the top right corner of each template, you will find calculated Risk-to-Reward Ratios (RRRs). These templates are available for free and you can choose any of them. Furthermore, you can customize them according to your own preferences.