target to loss ratio tool

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  • #79947 quote
    mvinter
    Participant
    Average

    Is there a trade, stop loss, entry to tp ratio tool as on trading view ? on pro real time that can be put on charts ?

    #79964 quote
    Nicolas
    Keymaster
    Master

    No there’s not. I’m not sure but I think this is a tool that will be available in version 11 (to be confirmed or not by PRT support…).

    #79979 quote
    mvinter
    Participant
    Average

    Thank you for your time and hope its on the next update as I used this a lot on trading view .

    #80177 quote
    Nicolas
    Keymaster
    Master

    [youtube]https://youtu.be/OgV3w8pHLO0?t=28[/youtube]

    #81028 quote
    Jakub
    Participant
    Average

    Hi,

    Thank you for the suggestion, I have transferred it to our Project Manager.

    The tool is not available yet on the platform but I found a temporary solution.

    Example. I have created 2 screenshot with an example. Let’s suppose that we want to obtain a RISK/REWARD RATIO = 2. In this case we are happy with a Profit of 600 Euros and we don’t want to loose more than 300 Euros (600/300=2):

    [attachment file=”Stop Take profit.PNG”]

    [attachment file=81030]

    With a simple calculation we can adjust our risk/reward ratio or our stop/take profit.

    I hope it will help.

    Best regards,

    Jakub

    Nicolas thanked this post
    Stop-Take-profit.png Stop-Take-profit.png Ratio.png Ratio.png
    #84217 quote
    mvinter
    Participant
    Average

    Is there any development on this tool ??

    #84600 quote
    margincallcat
    Participant
    Average

    This would REALLY be helpful! A simple box consisting of an area of stoploss and an area of TP which both can be adjusted within the same drawing and at the same time shows Pips / % and RR-ratio.

     

    Would be greatly appreciated when implemented!

    #203264 quote
    mvinter
    Participant
    Average

    Hi this was a longtime ago have we moved on any further with a Risk to reward indicator ??

    #203272 quote
    Nicolas
    Keymaster
    Master

    This tool is now integrated into ProRealTime v12. See “Objects”  section here: https://www.prorealtime.com/en/new-features-ProRealTime-v12

    #203391 quote
    mvinter
    Participant
    Average

    Hi Thanks when will the ProRealTime v12 be aailable ??

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target to loss ratio tool


Platform Support: Charts, Data & Broker Setup

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mvinter @mvinter Participant
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This topic contains 9 replies,
has 2 voices, and was last updated by mvinter
3 years, 4 months ago.

Topic Details
Forum: Platform Support: Charts, Data & Broker Setup
Language: English
Started: 09/07/2018
Status: Active
Attachments: 2 files
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