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Date/Time: Sun, 19 May 2024 10:32:00 +0000



Risk/Reward Tool Incorrect Values

View Count: 1316

[2019-01-17 07:46:47]
User371906 - Posts: 141
Hello,

I am getting a higher amount with my Risk/Reward tool after upgrading to new version, checked the SC web site and checked settings as specified but continue to have this issue which was working correctly before. Also in a higher time frame the same plotted R/R Tool will give a reading twice as high as the lower time frame in Stop and Profit.

Version 1862 / Set to Dollar / NQH19 / NY Time
Chart Settings: Price Display Format .01 / Tick Size 0.25

Renko 10-6-0:
http://www.sierrachart.com/image.php?Image=1547710766859.png

Renko 18-9-0:
http://www.sierrachart.com/image.php?Image=1547710805275.png

Thank you

g
Date Time Of Last Edit: 2019-01-17 07:47:47
[2019-01-17 18:39:31]
Sierra Chart Engineering - Posts: 104368
You need to set the Trade window order quantity to be the same on both of those charts:
Basic Trading and the Trade Window: Main >> Order Quantity (Quantity)
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service:
Sierra Chart Teton Futures Order Routing
[2019-01-17 18:39:51]
Sierra Chart Engineering - Posts: 104368
When displaying the Currency Value for the Reward/Risk tool, it takes into account the currently selected Quantity. You had a quantity of 4 in one image and a quantity of 8 in another, which explains the 2 fold increase.

This is explained in the equation for the currency in the Show Currency section found here:
Chart Drawing Tools: Reward/Risk Configuration
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service:
Sierra Chart Teton Futures Order Routing
[2019-01-17 18:57:22]
User371906 - Posts: 141
Your absolutely correct,
Thank you for your time to reply.

Kudos

g

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