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Ultimate Risk Reward Indicator

Pretty simple to use. Draw a rectangle from desired entry to target and it will show you risk reward and a second target, twice the target margin.
fully customizable text, box outlines, box fill, order Quantity and risk:reward ratio.

This Indicator hijacks your rectangle tool for lack of a better term. it is recommended prior to loading the indicator on your chart to draw a rectangle and change its default properties as follows:
1. make the rectangle fill be a color visible based on your skin, like white if using dark mode or black when using light mode, with an opacity of 10. --- this ensures if any loading issues occur you can find the blank rectangle on the chart
2.turn off Rectangle Outline visibility.
3.save as default template for rectangle drawings.

weird things you may encounter:
sometimes if you have the indicator loaded and change the rectangle drawing defaults and even other drawing tool defaults the indicator wont draw.
switching between instruments can sometimes mess with it as well.

best practice if this occurs is to open in ninjascript, recompile, remove from indicator list on chart, add it again and hit apply.

i am not the most proficient coder and these bugs are annoying. but if you feel like attempting to resolve these let me know if and how you do it so we can make it better for everyone using it. wanted to make this and share it for free. please use and abuse as you see fit.

i hope you enjoy it.
-Casey

Download
Created By ccagle
NinjaTrader Version 8
File Size 6.4.1 KB
Create Date 11/14/2024
# of Downloads 791

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.

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