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Must have indicator for every scalpers: Dynamic P&L on Chart/DOM

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    Must have indicator for every scalpers: Dynamic P&L on Chart/DOM

    1 The indicator will calculate and plot on the left side of the chart the P&L based on the current position for every tick.

    2 The P&L follows the price line and instantly turns into a lime color if you re making money or a red color if you re losing.

    3 While moving the stop loss or take profit lines, the dollar amount on the p&L bar gets highlighted.

    This will help scalpers a lot on locking in profits and managing risk based on stop loss placements.


    Here is a video of the dynamic P&L on the DOM

    [email protected] August 12, 2009We will be starting a live trading room soon. If you are interested in using our system, please email us.


    Here is a picture of the of what the dynamic P&L could look like on a chart

    I hope there is a skilled programmer out there who can make an indicator or script for this.
    Attached Files

    #2
    salopare, thanks for the post and welcome to our community here at NinjaTrader.

    I will forward your thoughts to product management so it can be considered for a future version of NinjaTrader (edit : we track your idea now under # 576 in our system).

    If you find no one taking up your project idea, feel free to contact any of those certified NinjaScript consultants below :

    Last edited by NinjaTrader_Bertrand; 02-16-2012, 11:19 AM.
    BertrandNinjaTrader Customer Service

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      #3
      this is great! did anyone build this?

      Comment


        #4
        Hello Agent0004,

        This indicator is not included with NinjaTrader, and I am not aware of a free version that is available.

        You may check our User App Share for free indicators to see if one may satisfy you need, otherwise you could consider enlisting the services of a NinjaScript Consultant to have the indicator written for you.



        The link above is publicly available.

        The NinjaTrader Ecosystem website is for educational and informational purposes only and should not be considered a solicitation to buy or sell a futures contract or make any other type of investment decision. The add-ons listed on this website are not to be considered a recommendation and it is the reader's responsibility to evaluate any product, service, or company. NinjaTrader Ecosystem LLC is not responsible for the accuracy or content of any product, service or company linked to on this website.


        We look forward to assisting.
        JimNinjaTrader Customer Service

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