Support Board
Date/Time: Sun, 01 Mar 2026 21:13:00 +0000
[User Discussion] - Risk Reward Tool (Long,short position tool) TRADINGVIEW MIMIC
View Count: 360
| [2026-01-15 03:16:38] |
| User568311 - Posts: 2 |
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As a long time TV user that get used to the tool so I decide to mimic the tool my best Thank to User431178 he give me the way to start. Much appreciate! TAKE a lot of time to finish so lets start!!! 🏆 RISK REWARD CALCULATOR (BY AI) The ultimate risk management tool for Sierra Chart. Everything you need to plan your trades like a pro. 🔥 Key Features: Always On: Your plan stays visible. HUD appears instantly when drawing or hovering. Auto Lot Sizing (QTY): Calculates the exact position size based on your Risk % and Balance. Margin Alert: Shows required margin and turns RED as a warning if it's too risky. Compact Mode: Simplifies the HUD for a cleaner, professional look. ⚙️ Fully Customizable (Toggle On/Off): Choose exactly what you want to see on your HUD: Price: Entry, SL, and TP levels. Percentage: Risk/Reward % relative to price. Ticks: Total tick distance for your SL and TP. Amount: Exact dollar amount for Risk and Profit. QTY: Calculated Lot size (Position size). RR Ratio: Your final Risk-to-Reward ratio. Margin: Real-time margin requirement based on your leverage. 🛠 How to use: Set your stats: F6 (Studies) -> Settings -> Input Balance, Risk %, and Leverage. Asset Type: Pick your market (Forex 100k, Gold 100, or Stocks 1). Draw: Use the Reward/Risk tool to mark SL, Entry, and TP. Read: Everything is calculated and displayed instantly on your chart. 💾 How to install the DLL: If you already have the .dll file, follow these simple steps: -Locate your Data folder: Go to your Sierra Chart installation folder (usually C:\SierraChart\Data). -Copy & Paste: Drop the RiskReward_64.dll file directly into that Data folder. -Load the Study: Press F6 (Studies). -Click Add Custom Study. -Find "RISK REWARD CALCULATOR" in the list and click Add. Ready to go! The tool is now active on your chart. ENJOY YOUR TOOL. Feel free to leave a comment so I can improve it. https://www.sierrachart.com/image.php?Image=1768446401157.png Date Time Of Last Edit: 2026-01-15 03:20:40
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| [2026-02-21 10:10:54] |
| Deenius - Posts: 41 |
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Hi 👋 Thanks for this indicator! You forgot to mention that OpenGL needs to be enabled 😉 I have a few ideas for improvement. 1. The Text Size parameter is missing. The text on my chart is almost unreadable. 2. The Opaque Background parameter is missing. It would be good if everyone could customize the text background according to their preferences. 3. The Show Borders parameter is missing. In your screenshot, the tool has no borders. However, when I add it to the chart, the borders are there (see my screenshot). Do you think you could incorporate these suggestions? Thank you. BTW, how do you hide the original RR tool text? |
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