Risk Reward

Calculates Risk/Reward between multiple price lines. You draw 3 horizontal lines, name them Entry, Stop and Target, and the indicator will calculate the risk/reward between them, and will automatically update the values when you pick up and drag the lines. To name the lines, double click on the line, click the Data tab, and enter the name in the Tag field.

You may have multiple targets by drawing multiple target lines and naming them Target, where is any text that makes each target line unique, i.e Target1, Target2, TargetX, etc.

Created By monpere
NinjaTrader Version 7
File Size 2.3 KB
Create Date 04/03/2011
# of Downloads 2797

Importing to NinjaTrader 7 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 File > Utilities > Import NinjaScript
  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.