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Direct MessagesDate/Time: Sat, 20 Apr 2024 00:49:35 +0000
Risk Reward Tool
View Count: 2964
| [2021-01-12 15:57:32] |
| User148596 - Posts: 214 |
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Is it possible to have multiple targets/stops with the reward risk tool for use when trading multiple contracts? I didn't see a way to do this in global tool config settings. Thanks :) |
| [2021-01-12 18:54:40] |
| John - SC Support - Posts: 30976 |
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There is not a way to do this. The Reward/Risk Tool only has the 3 data points. But you can enter multiple Reward/Risk drawings. For completeness, you will find the Reward/Risk documentation here: Chart Drawing Tools: Reward/Risk For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2021-07-15 19:22:11] |
| User148596 - Posts: 214 |
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Would it be possible to request that the Risk Reward Tool be configurable to offer the option for multiple stops and multiple targets? Thank you |
| [2021-08-17 12:45:37] |
| User377189 - Posts: 154 |
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Can i setup different pre-configurations for R:R tool under chart drawing properties? Suppose configuration 1 has stop as 2 ticks and reward as 6 ticks and configuration 2 has stop as 2 ticks and reward as 8 ticks? |
| [2021-08-17 14:36:17] |
| John - SC Support - Posts: 30976 |
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There is not an option to have pre-configured Reward and Risk levels relative to the given initial position.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2022-03-14 22:51:38] |
| User391959 - Posts: 17 |
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Hi - For back testing purposes I would wish a Risk Reward Drawing Tool as implemented in TradingView or NinjaTrader, where the ProfitZone and LossZone is clearly highlighted with colored background and the RR Ratio is calculated. With this type of RR Drawing Tool backtesting is much facilitated https://futures.io/local_links.php?linkid=2012 |
| [2022-06-27 09:28:18] |
| BojanSpa - Posts: 3 |
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Agree, a risk/reward tool like on tradingview would be very beneficial. I could program it myself if it is possible to implement custom tools. |
| [2022-06-27 09:41:58] |
| User877753 - Posts: 152 |
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Hi, Any plan to turn the Risk Reward Drawing Tool into a Trade Order Tool ? Would be a really useful tool, as one could set accurately target and stop-loss orders, i stead of having fixed ticks/points number. |
| [2023-08-19 04:19:29] |
| User953016 - Posts: 3 |
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Hi, I would love to see the risk reward tool able to account in some way for multiple entries (addons). For example, if i have several positions exiting at a single target the text output on your tool becomes cluttered and unreadable. Thank you
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| [2023-08-19 20:55:59] |
| User624595 - Posts: 172 |
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+1 RR tool to support scale in, scale out, as well as OCO order placements.
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| [2024-01-15 14:08:42] |
| User929353 - Posts: 15 |
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Wanted to bump this thread. These features would be very helpful.
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| [2024-01-16 20:03:24] |
| A Leo - Posts: 4 |
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Agree - Ability to add multiple targets on RR tool would be a great addition
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| [2024-01-16 20:43:50] |
| User61168 - Posts: 342 |
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+1 for %Risk-based position sizing capability (via simple alerts formulas trading studies)
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| [2024-01-17 04:43:21] |
| User620552 - Posts: 19 |
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+1 for this
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| [2024-02-08 08:51:31] |
| User787215 - Posts: 14 |
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+1 as well for %Risk-based position sizing tool
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