Risk Reward Flex Pro is a free chart drawing tool for NinjaTrader 8 that helps you draw a risk/reward setup and automatically calculate the appropriate position size from your risk amount. It visually marks the entry, stop, and target, and then submits a bracket order directly from the chart.
This tool is designed to help traders plan and execute trades faster with a clean visual workflow:
Draw entry, stop, and target levels
Auto-calculate position size from risk dollar amount
Show risk/reward ratio, estimated risk, reward, and contract quantity
Submit a complete bracket order with entry, stop-loss, and take-profit in one action
Ideal for traders who want a quick way to size a trade based on defined risk and execute the setup without manually calculating or entering each order separately.
Install Instructions:
Open NinjaTrader 8 and add the drawing tool to the chart.
Place the entry point, then the stop price, then the target price.
Set your Risk Dollar Amount in the tool properties.
Optionally choose your preferred entry type:
Market
Limit at entry price
Enter the account name you want to send orders to, such as your Sim account name.
Click the Send Order button on the drawing.
The tool will submit:
Entry order
Stop-loss order
Take-profit order
Setup notes:
The tool calculates position size based on the distance between entry and stop.
The Risk Dollar Amount determines the number of contracts.
It uses the selected NinjaTrader account for order submission.
Works best with a chart where the instrument is attached and live order routing is enabled.
For simulation testing, use a Sim account name.
For live use, confirm the correct account and broker configuration before submitting orders.