Risk Reward drawing tool or indicator ...

[max1ci6]

Hello

I understand that the risk reward drawing tool plots a level based on the chosen entry level and stop loss level given a fixed risk/reward ratio (which is an input for the tool), i would like to get instead , plotted on the chart series , the risk/reward ratio after choosing the entry , stop loss AND profit target levels ... something like in the picture attached , does it exist something like that? Or can it be programmable?

[NinjaTrader_ChrisL]

Hi max1ci6, thanks for writing in.

The idea is certainly programmable in a custom drawing tool or indicator. Our colleague Jim has made his own custom Risk/reward tool here as well:

https://ninjatraderecosystem.com/user-app-share-download/advanced-risk-reward-indicator/

Best regards,
-ChrisL

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[max1ci6]

Thanks i will look at it

[Pro_Rip_Rider]

I tried to use this indicator and it works great to go long, but what if I want to go short? I wasn't able to figure out how to reverse it

[NinjaTrader_ChrisL]

Hi Pro_Rip_Rider, thanks for posting. There is a Long/Short button at the top left of the chart when the indicator is applied.

[Pro_Rip_Rider]

Thanks so much for the response!!!!! Would of never figured it out. Have a great one!!

[tman665566]

Hi there, I've downloaded this indicator and got it added on my btc graph but for some reason when I left click 3 times nothing is coming up, should I be doing something else. Really want to use this. Thanks in advance

[NinjaTrader_ChrisL]

Hi Tman, If you click and drag the chart into the future time stamps you should see the risk/reward lines in the future zones.

[jan1234]

Hi, I tried to install the AdvancedRiskRewardIndicator but I get this error. Please help to install this indicator

[NinjaTrader_ChrisL]

Hi jan1234, thanks for posting. You will need to manually install this indicator and look at the compile error it is causing with your existing files. Unzip the package, then go into the folder>go into the indicator folder>copy the .cs file, paste this file into Documents\NinjaTrader 8\bin\Custom\Indicators. After this, go to New>NinjaScript editor>then press F5 to compile. A list of compile errors will show up, showing where the conflict is coming from. Please post a screen shot of these errors.

[meyh3m]

I found this risk reward drawing tool. the only flaw is the tabs of the words is too big. i personally have zero experience coding. if any way you can just make the tabs smalls and lower opacity to be able to see the candles behind it. something closer to trading views model i suppose. thank you

[NinjaTrader_ChrisL]

Hi meyh3m, could you please post the source where you downloaded this indicator?

[richbroke850]

I found this risk reward drawing tool. the only flaw is the tabs of the words is too big. i personally have zero experience coding. if any way you can just make the tabs smalls and lower opacity to be able to see the candles behind it. something closer to trading views model i suppose. thank you

may I ask how did you get you risk to reward like that

[JMHOLMAN]

Hi jan1234, thanks for posting. You will need to manually install this indicator and look at the compile error it is causing with your existing files. Unzip the package, then go into the folder>go into the indicator folder>copy the .cs file, paste this file into Documents\NinjaTrader 8\bin\Custom\Indicators. After this, go to New>NinjaScript editor>then press F5 to compile. A list of compile errors will show up, showing where the conflict is coming from. Please post a screen shot of these errors.

Hey, I had the same problem as the other user. I followed your instructions and got these errors. Any idea how to correct this?
Thank you!
-Jonathan

[NinjaTrader_ChelseaB]

Hello Jonathan,

Thank you for the screenshot.

The error is with a system indicator, which may indicate improper references or an overwritten system files.

Please run the repair from the NinjaTrader 8.1.1.7 installer first.

https://account.ninjatrader.com/download

Next, restart NinjaTrader and compile once more. If the errors appear, please right-click within the code editor -> then select References.
Take a screenshot of the references and post the screenshot with your next reply so we may confirm the system references are correct.