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Risk Reward Indicator for Forex.

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  • rwbil
    started a topic Risk Reward Indicator for Forex.

    Risk Reward Indicator for Forex.

    Is there a Risk Management tool/ indicator for Forex that functions with NinjaTrader. It can be a commercial one as long as the price is reasonable and it works properly.

    I would at least one it to do the following:

    1) Allow you to set you Acct Size
    2) Allow you to set the leverage
    3) Allow you to set the Risk %
    4) From NinjaTrader chart allow you to set the stop entry and target. Preferable by moving lines with the mouse
    5) Based on that information show the proper position size according to the risk inputted
    6) Show the tick value for the Forex Pair being traded based on the position size in USD currency

    Thanks in advance,
    Robert

  • trader3419
    replied
    I have found this one to be quite helpful. I use it in my day to day trading. It is pretty robust.

    https://profitsondemand.com/riskmanager

    Leave a comment:


  • Harry
    replied
    There are several free risk management and position sizing tools available for NinjaTrader. I do not remember where to find all of them, but below are some links:


    Risk Reward V2.1:

    https://www.bigmiketrading.com/downl...load.html?view


    vvSUperGauge:

    https://www.bigmiketrading.com/downl...load.html?view


    vvSuperGaugeMiddleMouse:

    https://www.bigmiketrading.com/downl...load.html?view

    Leave a comment:


  • pedroprada@bellsouth.net
    replied
    Look at Trade Manager

    http://www.indicatorwarehouse.com/tr...ystem-add-ons/

    It may help you

    Leave a comment:


  • NinjaTrader_Matthew
    replied
    Hello Robert,

    I'm not aware of any existing Risk Management tools available for NinjaTrader at this time.

    You may want to check with your broker to see if there is any Risk Management you can have setup on your account directly.

    Leave a comment:

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