Risk Reward Indicator

Risk Reward indicator is a very useful tool that allows you to observe in real time the performance risk of a trade.

Its use is very simple, just drag it into the chart and see the Risk Reward percentage (for ex: 1:2).

We have also included the possibility of extending/reducing the lines in order to observe the important price levels.

You can change your levels clicking directly on lines and dragging the level to a new position.

The levels will be set very fast with only a click.

The indicator keeps your customizations in case you change a timeframe to check your RR in other periods chart.


Input Values

  • Percentage  (setting for first upload)
  • StopLoss in points (setting for first upload)
  • Target in points (setting for first upload)
  • RR_Direction (setting direction for first upload)
  • PRICE LINE SETTINGS
    • Color, Style, Width for Price level
  • TARGET LINE SETTINGS
    • Color, Style, Width for Target level
  • STOP LINE SETTINGS
    • Color, Style, Width for Stop level


    Note:

    When you change the input values, the lines will be reset to new values.

    The rectangles not avalaible in last update

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    THE ONLY CURRENCY STRENGTH INDICATOR THAT IS BASED ON PRICE ACTION. DESIGNED FOR TREND, MOMENTUM & REVERSAL TRADERS This indicator  reads price action to confirm trend and strength . Advanced multi-currency and multi-time frame indicator that shows you simply by looking at one chart, every currency pair that is trending and the strongest and weakest currencies driving those trends. For full details on how to use this indicator, and also how to get a FREE chart tool, please see user manual HERE
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    Chantal Sala
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    Utilities
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    Chantal Sala
    Indicators
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    OCO News Order Manager
    Chantal Sala
    Experts
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