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Risk/Reward indicator.

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    Risk/Reward indicator.

    Hey Everyone,

    I'm using the indicator in the Ninjatrader 7 download area marked "Risk-Reward" but I don't understand how to set it up. Any tips?
    Last edited by Drakmyre; 02-13-2012, 06:17 AM.

    #2
    Drakmyre, here are the instructions provided from the original developer :

    Calculate Risk Reward Ratio from use Drawn price levels:
    Draw 3 Horizontal lines, edit each and change the Tag Names to 'Entry', 'Stop', 'Target' respectively
    May have multiple targets named 'Target<x>' where <x> can be any text that makes all targets unique
    Risk/Reward will be calculated based on the price location of these lines
    If you can't see the lines, try grabbing the Y Axis scale with your mouse to extend it's scaling limits so you could see levels further out.

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      #3
      Achieved!

      Got it! Thanks!

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        #4
        FWIW - I have a problem with this indicator that must be caused by a conflict with another indicator on my charts. What happens is that the RR value becomes stuck at a random value even though all three lines show the correct price.

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          #5
          Is there a way to change the start of the text to draw? (graphics.DrawString)
          Code:
          graphics.DrawString("E: " +entryPrice.ToString("0.0000"), boldFont, entry.Pen.Brush, bounds.Width, y, format);
          Last edited by mate41; 01-29-2013, 10:09 AM.

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