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Hello,
Anyone know of a chart template/indicator you can apply to a current price that would show a preset risk reward?
Something that would give you a visual of a preset R/R on a chart.
Joseph
Can you help answer these questions from other members on NexusFi?
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 …
Risk Reward and Position Sizing Indicator
Calculates Risk/Reward and Position Sizing for trade planning using horizontal lines drawn at potential trade Entry, Stop and Target. The indicator will automatically update the risk/reward and position sizing …
I just saw the video for Trade Management, very impressive indeed!! At this point, the only thing keeping me from purchasing it is it's cost!! Another would be the anticipation of NT8; as we don't know the full money management it will offer.
Yeah the cost threw me as well, I have a 2 computer licence, but the way I see it, overhead costs of a trading business are so much less than a bricks and mortar business.
