DislikedI don't want to update the bid/ask.
See this calc again: http://www.forexcalc.com/forex_risk_calculator/
If I wanna trade Eur/Usd, I have to also input the current bid/ask. If I trade a cross, like GBP/JPY, I have to input the bid/ask of that pair AND USD/JPY as the value/pip changes based on the current prices which inherently affects your R/R.
In a perfect world, the indi would work this way:
I'd go to set a pending order in MT4 and as I'm entering the parameters, it would tell me, based on my desired entry, SL, TP and...Ignored
OldQuant is right, it is not only a simple indie, but an API interface..
the closest I did came across is http://www.fxdialogue.com/. they use to sell the product, but now they are whitelabel brokers trying to sell the product trough brokerage commission and spread.. means you need an account and actualy trade with them..
the product is a full excel-MT4 interaction in both ways, including history, trade executions...
the other one is on MQL site, written by some guy from Russia. it works, but need a modification.. and the text and comments are on russian..
Link -> http://codebase.mql4.com/3672
P