NexusFi: Find Your Edge


Home Menu

 





I converted Fibonacci Retracement tool to a Risk/Reward tool - I would like some addi


Discussion in ThinkOrSwim

Updated
      Top Posters
    1. looks_one AlphaIQ with 1 posts (0 thanks)
    2. looks_two lambda100 with 1 posts (1 thanks)
    3. looks_3 samwisegg with 1 posts (0 thanks)
    4. looks_4 vpd1952 with 1 posts (0 thanks)
    1. trending_up 5,192 views
    2. thumb_up 1 thanks given
    3. group 5 followers
    1. forum 4 posts
    2. attach_file 0 attachments




 
Search this Thread
  #1 (permalink)
lambda100
Israel
 
Posts: 1 since Apr 2020
Thanks Given: 0
Thanks Received: 1

Hey everyone,

I have a question, maybe someone can assist, or give any idea.

In this image I uploaded you can see what I did, and what I wish it could be:



In short, I would like to fully convert the Fibonacci Retracement tool to a Risk/Reward tool. I did some of it by a simple study edit of that tool, but I wish also to add automatic indications for the "price difference" between the entry and the stop loss with an automatic calculation of the amount of shares you need to buy (based on your risk)

Somebody maybe know some ThinkScript? Or have any Idea where can I find assistance on that?

Many Thanks!!


Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
Czechia Live at 52.5% as England Rides 4-2 Wave to Co-Fa …
Prediction Markets & Event Contracts
Sundays Verdict: Lebanon Locked at 99.85% as Iran June 7 …
Prediction Markets & Event Contracts
Ninjatrader users - good CONNECTIONs post and article fr …
NinjaTrader
$12M Ceasefire Contract Goes Disputed as Bandar Abbas St …
Prediction Markets & Event Contracts
GDP Day: The First Economic Reckoning -- Pahlavi at 6.55 …
Prediction Markets & Event Contracts
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Big Mike in Ecuador
205 thanks
Sober Journey With S&P
21 thanks
30 Sessions
20 thanks
Volume Indicators
8 thanks
Thanks Mike. Godspeed.
7 thanks
  #2 (permalink)
vpd1952
memphis
 
Posts: 77 since Mar 2020
Thanks Given: 211
Thanks Received: 23

lambda100 ,
what trading Platform are you using ?

I am using NinjaTrader 8 - and within the platform, they have this exact tool ( Risk-Reward )


Reply With Quote
  #3 (permalink)
AlphaIQ
easton
 
Posts: 4 since Oct 2019
Thanks Given: 0
Thanks Received: 0


Were you able to accomplish this?

Sent using the NexusFi mobile app


Reply With Quote
  #4 (permalink)
digitalg2021
Fort Lauderdale Florida USA
 
Posts: 6 since Dec 2020
Thanks Given: 0
Thanks Received: 2


lambda100 View Post
Hey everyone,

I have a question, maybe someone can assist, or give any idea.

In this image I uploaded you can see what I did, and what I wish it could be:

In short, I would like to fully convert the Fibonacci Retracement tool to a Risk/Reward tool. I did some of it by a simple study edit of that tool, but I wish also to add automatic indications for the "price difference" between the entry and the stop loss with an automatic calculation of the amount of shares you need to buy (based on your risk)

Does somebody maybe know some ThinkScript? Or have any Idea where can I find assistance on that?

Many Thanks!!

I'm extremely interested in this. Were you able to develop this? With all the functions you wanted to add I would for sure pay for something like this if it was finished the way you intended.

Please let us know....

DigtialG2021


Reply With Quote
  #5 (permalink)
samwisegg
Atlanta GA
 
Posts: 1 since Dec 2022
Thanks Given: 0
Thanks Received: 0

Did you ever get this fixed? I'd be interested in this indicator


Reply With Quote




Last Updated on December 7, 2022


© 2026 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.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Downloads - Top
no new posts