Advanced Risk Reward Indicator

This is a port of the NinjaTrader 7 Advanced Reward Risk Indicator originally created by bassam. Please direct any requests and inquiries about usage to the original author.

This indicator helps you define your entry, stop and target (1 or 3) visually on the chart with the help of horizontal lines, calculates your potential P/L ,unrealized P/L,Risk/Reward ratio and contracts sizing per account size.

Once started click on the chart 3 times there where you think your values will be appropriate , then shift the lines as needed and save the changes.

- Defines your Risk/Reward ratio using 1 or 3 targets
- Save & reload your values,be it minute,daily or weekly chart (One set of values per instrument)
- Interactive Mode: per-tick P/L based on the chosen contracts size
- Interactive Mode-Attached: per tick potential P/L
- Non-Interactive : Contract sizing is based on the defined risk per account size
- Hide/show the indicator as required & show/hide on start-up
- Extended or short lines

Created By NinjaTrader_Jim
NinjaTrader Version 8
File Size 16.0 KB
Create Date 10/25/2017
# of Downloads 9837

Importing to NinjaTrader 8 is Easy!

To import your 3rd party app or add-on to NinjaTrader, simply follow these 3 steps:

  1. Download the app or add-on file to your desktop
  2. From the NinjaTrader Control Center window, select the menu Tools > Import > NinjaScript Add-On…
  3. Select the downloaded file from your desktop

Questions?

Visit the NinjaScript File Sharing discussion in the NinjaTrader user forum to interact with fellow traders and the NinjaTrader support team.