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NT8 Profit & Loss Calculator
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NT8 Profit & Loss Calculator
Is there some tool in NT to calculate the potential profit or loss of a trade before entering into that trade?Tags: None
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Hello,
Thanks for posting.
You could use the Risk-Reward Drawing tool to map out a trade before placing it and also map out where you may want to potentially place bracket orders. This can be accessed by right-clicking within the chart, selecting "Drawing Tools" and then "Risk-Reward." More information on this drawing tool can be found at the below link:
Drew O.NinjaTrader Customer Service
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Originally posted by NinjaTrader_DrewO View PostHello,
Thanks for posting.
You could use the Risk-Reward Drawing tool to map out a trade before placing it and also map out where you may want to potentially place bracket orders. This can be accessed by right-clicking within the chart, selecting "Drawing Tools" and then "Risk-Reward." More information on this drawing tool can be found at the below link:
https://ninjatrader.com/support/help..._tools__ob.htm
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Meaux Argent,
Thanks for getting back to me.
While there would not be a specific "calculator" tool that can be used, such an item may be something that could be created with custom NinjaScript programming. If you are not a programmer yourself, you could seek the help of a third party vendor to assist with creating such an item.
You can also set the Risk-Reward drawing tool to use Currency as its display in its settings. These can be found by double-clicking the base line of this drawing tool, which opens its Properties menu.Drew O.NinjaTrader Customer Service
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