Drawing tools Risk/Reward Enhancement

[mnk91998]

Enhancement to the new drawing tool within NT8. The drawing tool is risk/reward. The enhancement request is to have more than one target or in this case reward target. It would be nice to have any set amount the user wishes to add as reward targets predefined by the user. For example risk/reward targets of 2 to 1, 3 to 1, 4 to 1 and so on. As many as the user desires. This way the targets can be easily seen on the chart and when using an ATM strategy and a trade is entered the stop and target levels can quickly be set after entering the trade.
The second enhancement to this tool(the risk/reward drawing tool) is to help with position sizing. Can the risk/reward tool have an ability to do position sizing. The user can check a box to enable position sizing and then enter in account size and either a set dollar amount or a percent of the account to determine risk amount and then calculate the position size using the drawing tool risk/reward?

These two enhancements would be a great benefit to many traders.

[NinjaTrader_ChelseaB]

Hello mnk91998,

Thank you for your suggestions.

I have submitted a feature request on your behalf to allow multiple ratio targets for multiple risk / reward levels as well as a request for an option to allow the Entry extension to snap to the average fill price of an open position.

(Please let me know if I have not understood your request correctly)

It is up to our development to decide when and if a request will be implemented.

We highly value your feedback, please let us know of any other suggestions you have for the NinjaTrader platform.

[NinjaTrader_ChelseaB]

Hello mnk91998,

I've received a tracking ID for your request to allow for multiple risk / reward levels as well as a request for an option to allow the Entry extension to snap to the average fill price of an open position is being tracked with ID #SFT-493.

Thank you again for taking the time to provide us with your suggestions.

[annarosy]

It is up to our development to decide when and if a request will be implemented.

[mas1788]

Thank you again for taking the time to provide us with your suggestions.

[Yadnesh]

Is there any update on this tool.? Most of the web charts like tradingview provides position sizing and risk reward tool.

[NinjaTrader_ChelseaB]

Hello Yadnesh,

SFT-493 has not been implemented at this time.

As new versions of NinjaTrader are released you can check the release notes for this ID.

Below is a public link to the release notes.

https://ninjatrader.com/support/helpGuides/nt8/en-us/release_notes.htm