Dark
Theme
Light
Theme
Register
Username or Email
Username or Email
Password
Password
Forgot
Signup
Forgot
Browse
Register
Downloads / Indicators
Articles
Upgrade to Elite
Unanswered Posts
My Posts
Return to Homepage
Today's Posts
Trading Reviews and Vendors
Futures Brokers Reviews
Traders Hideout (general)
Platforms and Indicators
Trading Journals
Elite Trading Journals
Psychology and Money Management
Off-Topic
The Elite Circle
Webinars
Trading Articles
Main Trading Articles Index
Article Categories
Help, Tutorials, How-To's
Traders and Trading Methods
Platforms, Tools and Indicators
Terms (Glossary)
Article Tools
List New Articles
List Recent Article Changes
Random Article
Most Popular Articles
Category Groupings
Wanted Articles
Most Linked to from Forum
Go to Page...
Quotes
by TradingView
>
Downloads
>
NinjaTrader
>
NinjaTrader 7 Indicators
>
Categories
Show
Search
Help
Search
title and description
keywords
Advanced Search
Winning nominations
What's Hot
What's New
New Ratings
Some Random Entries
Home Category
Login to Download
Advanced Reward Risk Indicator .v3
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.
- 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 tolerance per account size
- Hide/show the indicator as required & show/hide on start-up
- Extended or short lines
Last updated on April 16 2014 "Major changes"
- Indicator's parameters text description on the top left of the plot reduced
- Potential P/L is calculated based on 1 contract in non-interactive mode
- Enter to targets potential P/L bug fixed
- Visual structure is changed for three-targets mode
- Line width is now adjustable
- Beam pointer added when short lines are used
- Forex price format corrected (6E,6J...)
- Short lines distance from last bar bug fixed
- 1 or 3 target lines
- Choose between Short& Extended lines
- Pixel distance is used now
- Colors are now configurable
- $ sign removed
- Show on start-up option added
- The code was rewritten from 0 almost
Category
NinjaTrader 7 Indicators
Details:
Advanced Reward Risk Indicator .v3
Category:
NinjaTrader 7 Indicators
March 25th, 2014
Size: 12.02 KB
Downloaded: 1439 times
1538
bassam
Comments/ratings
ignacio90
March 26th, 2014 06:13 AM
nice indicator
ignacio90
April 10th, 2014 05:02 PM
zanoza
May 3rd, 2014 06:15 AM
No Comment
redpilot
July 17th, 2014 02:24 AM
Great and helpful!!!
dilbert618
October 13th, 2014 11:07 AM
Thank you Bassam, been looking to do something like this myself. no sense in re-inventing the wheel though.
ProsperousTrader
December 16th, 2014 09:58 PM
Wow. I really needed this. Thanks
Tico6136
January 25th, 2015 12:49 PM
Bassam,
Fantastic work. Just curious, why doesn't the indicator include (2) targets? It would be a great addition when you update it. Thanks.
Joseph689
February 24th, 2015 02:01 PM
Thank you for the hard work....much appreciated!!
Bsinks
April 3rd, 2015 11:21 PM
Nice tool........love it.
Portland
July 27th, 2015 03:45 AM
No Comment
Page 1 of 2
1
2
>
Sort by
Date created (ascending)
Date created (descending)
Username
futures io is now NexusFi
Trading Webinars How-to's
Trading Reviews & Products
Join Markets Chat waitlist
NinjaTrader Brokerage (Broker)
Ninja Mobile Trader (Server Hosting)
Apex Trader Funding (Prop Trading)
Tradovate (Trading Platform)
NinjaTrader (Trading Platform)
SharkIndicators (Trading Software)
© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.