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Price Target Indicator?

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    Price Target Indicator?

    I'm wondering if something like this exists, perhaps with one of your partners? What I'm looking for is an indicator that kicks in as soon as an order is placed on a chart using chart trader. Basically what I want is the indicator to plot up to 5 horizontal lines above price if going long/below price if going short. The lines are basically multiples of risk calculated from the point of entry. So, for example let's say I use an 8 tick stop loss and I place a buy order. The indicator would paint lines at 8, 16, 24, 32 & 40 ticks above the entry price. These represent profit targets of 1 times risk, 2 times risk, 3 times risk, 4 times risk and 5 times risk. Thanks a lot.

    Regards
    Chuck
    Last edited by maxreturn; 01-16-2011, 06:52 PM.

    #2
    Chuck, unfortunately I'm not aware of such an indicator. It isn't possible to get events from Chart Trader, so perhaps that is the main block.
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