RiskReward - TheTraderLab
A measurement tool that automatically calculates and modifies contracts in ChartTrader.
Its features include:
1. Automatic real-time contract calculation: As you adjust your stop loss, the tool recalculates and updates the exact number of contracts to ensure you always lose the amount of money set by the user (regardless of the stop loss distance and entry point). The tool also automatically updates the number of contracts in NinjaTrader's ChartTrader, so you don't have to do it manually.
2. Two ways to define risk: FIXED RISK: Specifies an exact amount in dollars. ACCOUNT PERCENTAGE: Defines the percentage to risk from the selected account.
3. Contract limits: This allows you to adjust the number of contracts if the tool calculates too many and you only want to risk a specific amount.
4. Six risk/reward ratio options.
- If you select the "Modify contracts in ChartTrader" option, the contracts will be automatically adjusted according to the stop-loss distance.
- StopLoss USD: Allows you to enter a fixed amount in USD. The tool automatically calculates the number of contracts based on the risk.
- Contract Limit: Allows you to set the maximum number of contracts.
- Use Percentage Calculation: Allows you to select an account and the percentage you wish to risk. The number of contracts will be calculated accordingly.
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| Created By | Geovanny Suaza |
| NinjaTrader Version | 8 |
| File Size | 11.4 KB |
| Create Date | 02/12/2026 |
| # of Downloads | 26 |
Importing to NinjaTrader 8 is Easy!
To import your 3rd party app or add-on to NinjaTrader, simply follow these 3 steps:
- Download the app or add-on file to your desktop
- From the NinjaTrader Control Center window, select the menu Tools > Import > NinjaScript Add-On…
- 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.