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Profit/Loss plotted directly .....


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  #1 (permalink)
 mdsvtr 
Memphis,TN
 
Posts: 232 since Sep 2010

onto the charts .

Good afternoon,
I was wondering if there is an Indicator on Tors that will plot directly onto the charts , what the Profit / Loss will be , as you move your cross hairs over the chart.

As an Example:

I am wanting to know what my risk and or profit will be before I enter a trade, and would like to know this information via directly from the charts , just by moving my crosshairs to certain support / resistance levels.


This would be a great tool to have , as it would save time by not having to do calculations by hand, on if.....
I enter at X , what will my Risk be on the trade, if I lace my stop at Y
And given this information, I may decide to pass on the trade altogether, as it may be to much of a risk that I'm willing to risk .


Thank you for the help - Michael


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  #2 (permalink)
 mdsvtr 
Memphis,TN
 
Posts: 232 since Sep 2010

So I have found two screenshots to attach to this thread , as a visual is always worth a thousand words

Thanks again for any input or link(s) to this type of Indicator ( if it exists ) for the TorS platform


Attached Thumbnails
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Name:	2015-07-05 17_16_22-2015-06-04  Risk Reward Indicator  #2 - Windows Photo Viewer.png
Views:	387
Size:	131.3 KB
ID:	186326   Click image for larger version

Name:	2015-07-05 17_34_20-2015-06-02  EXACTLY  how I want the P & L  listed and  plotted on my charts .png
Views:	326
Size:	164.1 KB
ID:	186327  
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