View Download Details

Categories

Show

TradeRuler

Places trade targets ruler on chart and calculates risk/reward/position sizing for trade planning, review and management, using Van Tharp style Risk based position sizing

Setting Lines:
- Middle mouse button click above/below any bar shows ruler for long/short respectively
- Shift-Middle mouse button sets entry line
- Control-Middle mouse button sets stop line
- Alt-Middle mouse button sets target line

Moving Lines:
- Lines can be selected and moved separately
- CTRL-ALT locks line relationships. Moving one line moves all lines together
- CTRL-ALT again unlocks line relationships

Clearing lines:
- The same key combination on a displayed line, erases that line
- Middle mouse button click on vertical line of the displayed ruler, erases the ruler.
- Control-Alt-Shift Middle mouse button erases all lines
- Unlimited stops and targets are allowed

If no entry/stop/target lines are explicitly set, then they are defaulted to high/low/close of the associated candle.

...

To change position sizing calculations:
- Change AcctSize, AcctRisk, and FixedShares user parameters
- or specify them in the line input boxes on the chart as follows:

100 => means trade a fixed size of 100 shares/contracts
$100 => means max stop loss size is $100
2% => means risk only 2% of AcctSize

Version: V3

Category NinjaTrader 7 Indicators

Details: TradeRuler
Category: NinjaTrader 7 Indicators

August 21st, 2012
Size: 9.89 KB
Downloaded: 1864 times

Keywords: a1traderuler.zip

Comments/ratings

ejtrader August 13th, 2012 12:52 AM

No Comment

Cloudy August 15th, 2012 01:10 PM

Thanks Monpere. Very nice.

Ganymed August 17th, 2012 06:58 AM

No Comment

gentech August 28th, 2012 04:06 AM

Thanks. This looks very promising.

vantojo September 21st, 2012 02:41 PM

thank you

Kingsley September 22nd, 2012 07:54 AM

Thank you!!

dilbert618 November 30th, 2012 07:30 AM

Thank you monpere, I've been looking to do this myself.

fredifrosch April 27th, 2013 06:44 AM

Hello monpere,
Thanks for the excellent indicator.
Question: The indicator does not show the target and stop amount.
I'm doing something wrong? - Thanks for help.

Hub Stevens June 21st, 2013 10:52 AM

Thank�s , great work!

Wessel April 16th, 2014 05:02 PM

Mmm looks great, just fighting with the middle mouse button :-) on a magic mouse

Page 1 of 2