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Risk Reward Template


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    1. looks_one Joseph689 with 3 posts (1 thanks)
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  #1 (permalink)
 
Joseph689's Avatar
 Joseph689 
San Jose, Ca
 
Experience: Beginner
Platform: MetaTrader 4
Broker: Interactive Brokers
Trading: Forex
Posts: 121 since Sep 2012
Thanks Given: 114
Thanks Received: 40

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


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  #2 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
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Joseph689 View Post
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

Maybe:

https://nexusfi.com/download/ninjatrader-7/indicators/1538-download.html?view

or

https://nexusfi.com/download/ninjatrader-7/indicators/846-download.html?view

Mike




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  #3 (permalink)
 
Joseph689's Avatar
 Joseph689 
San Jose, Ca
 
Experience: Beginner
Platform: MetaTrader 4
Broker: Interactive Brokers
Trading: Forex
Posts: 121 since Sep 2012
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Thanks Received: 40




Thank you Mike...both appear to do exactly what I need!

Thank you!

Joseph


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  #4 (permalink)
 AnyM 
Bangkok, Thailand
 
Experience: None
Platform: Ninjatrader 8
Broker: NT Continuum TastyWorks
Trading: ES
Posts: 65 since Jun 2013
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Joseph689 View Post
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

I use Trade Management by Indicator Warehouse, a great strategy tool. Determines my risk/reward before entering a trade.


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  #5 (permalink)
 
Joseph689's Avatar
 Joseph689 
San Jose, Ca
 
Experience: Beginner
Platform: MetaTrader 4
Broker: Interactive Brokers
Trading: Forex
Posts: 121 since Sep 2012
Thanks Given: 114
Thanks Received: 40


AnyM View Post
I use Trade Management by Indicator Warehouse, a great strategy tool. Determines my risk/reward before entering a trade.

Hi AnyM,

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.

Thanks again!!

Joseph


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  #6 (permalink)
 AnyM 
Bangkok, Thailand
 
Experience: None
Platform: Ninjatrader 8
Broker: NT Continuum TastyWorks
Trading: ES
Posts: 65 since Jun 2013
Thanks Given: 2
Thanks Received: 33


Joseph689 View Post
Hi AnyM,

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.

Thanks again!!

Joseph

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.


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  #7 (permalink)
naka
bangkok, thailand
 
Posts: 3 since Feb 2015
Thanks Given: 12
Thanks Received: 0

When you come up with something worth sinking our teeth in. Thanks in advance.


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Last Updated on June 1, 2015


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