target to loss ratio tool
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- This topic has 9 replies, 2 voices, and was last updated 2 years ago by mvinter.
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09/07/2018 at 11:20 AM #7994709/07/2018 at 1:42 PM #7996409/08/2018 at 11:53 AM #7997909/11/2018 at 2:48 PM #8017709/21/2018 at 3:36 PM #81028
Hi,
Thank you for the suggestion, I have transferred it to our Project Manager.
The tool is not available yet on the platform but I found a temporary solution.
Example. I have created 2 screenshot with an example. Let’s suppose that we want to obtain a RISK/REWARD RATIO = 2. In this case we are happy with a Profit of 600 Euros and we don’t want to loose more than 300 Euros (600/300=2):
With a simple calculation we can adjust our risk/reward ratio or our stop/take profit.
I hope it will help.
Best regards,
Jakub
1 user thanked author for this post.
11/05/2018 at 11:20 PM #8421711/11/2018 at 12:39 PM #84600This would REALLY be helpful! A simple box consisting of an area of stoploss and an area of TP which both can be adjusted within the same drawing and at the same time shows Pips / % and RR-ratio.
Would be greatly appreciated when implemented!
10/30/2022 at 11:23 PM #20326410/31/2022 at 9:09 AM #203272This tool is now integrated into ProRealTime v12. See “Objects” section here: https://www.prorealtime.com/en/new-features-ProRealTime-v12
11/02/2022 at 3:03 AM #203391 -
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