Announcement
Collapse
Looking for a User App or Add-On built by the NinjaTrader community?
Visit NinjaTrader EcoSystem and our free User App Share!
Have a question for the NinjaScript developer community? Open a new thread in our NinjaScript File Sharing Discussion Forum!
Have a question for the NinjaScript developer community? Open a new thread in our NinjaScript File Sharing Discussion Forum!
See more
See less
Partner 728x90
Collapse
NinjaTrader
Tool to auto-measure stoploss linked to ATR
Collapse
X
-
Tool to auto-measure stoploss linked to ATR
Tried searching for this, but I'm looking for a tool to measure stoploss distance from entry based on ATR that auto-calculates based on the day's volatility. For example.. I want to click the tool, and drag it on the chart below my entry, and have it tell me 10 ticks.. Basically just a box bracket type thing with a line extending out a bit from the top and bottom to quickly measure. I know there is a Ruler tool, but that requires clicking point A, dragging point B, and looking at the info inside the box it brings up. I'm looking for a quicker solution, something that auto scales itself based on the ATR that I can pull onto the chart real quick to quickly visualize where my stop would need to go, etc. Anyone know of any script for anything like this?Tags: None
- Likes 1
-
To piggyback on this request, is an option to set the risk/reward default, such as 1:2, so when you drag and drop the “auto-bracket creator” it will display the suggested stop-loss (based on the ATR in your chart’s added indicators) and your profit target from the risk/reward preset you saved as your default. Perhaps it could base stop-loss volatility off the current ATR at the moment the tool is pulled into the chart and/or the daily/weekly/monthly average of the ATR (these could be presets that the user defines).
- Likes 1
-
Hello zachiatrist,
Thanks for your post and welcome to the forums!
I'm not aware of a tool like that although you are welcome to examine all of the free indicators in the NT user apps section here: https://ninjatraderecosystem.com/user-app-share/ Please note that it can be sorted by the "show all" drop down to list by NT8 indicators or NT8 miscellaneous. 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.
You might want to review the NT8 risk-reward tool available in the drawing tools of the chart, while this would not be a complete solution it may be helpful. The risk-reward tool is discussed here: https://ninjatrader.com/support/help..._tools__ob.htm
If you don't find what you need, you have the options to create it yourself or have it created for you by 3rd party vendors whom we could provide links to for your review.
Paul H.NinjaTrader Customer Service
Comment
-
Originally posted by NinjaTrader_PaulH View PostHello zachiatrist,
Thanks for your post and welcome to the forums!
I'm not aware of a tool like that although you are welcome to examine all of the free indicators in the NT user apps section....
Comment
-
Hello,
You can search our extensive library of NinjaScript consultants through the link below. Simply enter a consultant name or search by using our filter categories. Once you have identified your consultants of choice, please visit each consultant's site for more information or contact them directly to learn more:
You can locate the contact information for the consultants on their direct websites for any additional questions you may have. Since these consultants are third-party services for NinjaTrader, all pricing and support information will need to be obtained through the consultant.
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 companies and services 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.
Christopher S.NinjaTrader Customer Service
Comment
-
Just wanted to update this that I found an indicator that looks to do just what I need. Found it hiding here: https://ninjatraderecosystem.com/use...oad/riskruler/
- Likes 1
Comment
-
Hello Jayb3430,
Thanks for your post and welcome to the NinjaTrader forums!
It appears that the indicator creator is using mouse clicks to select the price from which to then project the R/R values. So it does not appear that you would be able to use keyboard keys for this indicator.
If you would like an indicator created for your specific needs, you can access the Ninjatrader ecosystem of programmers. via the link in post #5.
Paul H.NinjaTrader Customer Service
Comment
Latest Posts
Collapse
Topics | Statistics | Last Post | ||
---|---|---|---|---|
Started by eduardodipp7, Today, 10:29 AM
|
0 responses
1 view
0 likes
|
Last Post
by eduardodipp7
Today, 10:29 AM
|
||
Started by AgriTrdr, 07-16-2023, 12:54 PM
|
39 responses
272 views
0 likes
|
Last Post
by f.saeidi
Today, 10:23 AM
|
||
Started by ninza33, Today, 09:10 AM
|
1 response
10 views
0 likes
|
Last Post Today, 09:46 AM | ||
Started by goodknight777, Today, 08:43 AM
|
1 response
6 views
0 likes
|
Last Post Today, 09:25 AM | ||
Started by kramnor2001, Yesterday, 02:30 PM
|
3 responses
21 views
0 likes
|
Last Post
by kramnor2001
Today, 09:20 AM
|
Comment