Category Other  Published on 25/02/2024

BRO_ Risk & Reward Tool

An update for this algorithm is currently pending moderation. Please revisit this page shortly to access the algorithm's latest version.
Description

Long-short position tool for CTrader. Allows you to calculate a lot for a given deposit risk.

Settings on the screen - you can set balance / risk, panel transparency, color schemes.

When you click on the Long / Short buttons, new panels are drawn with RR = 4, later I plan to add a ruler for larger RRs.


Инструмент длинная-короткая позиция для CTrader. Позволяет рассчитать лот при заданном риске на депозит.

Настройки на скрине - можно задавать баланс / риск, прозрачность панелей, цветовые гаммы.

При клике на кнопки Long / Short новые панели рисуются с RR = 4, позже планирую добавить линейку для бОльших RR.


The author decided to hide the source code.
enomai's avatar
enomai

Joined on 24.02.2024

  • Distribution: Free
  • Language: C#
  • Trading platform: cTrader Automate
  • File name: BRO_RR.algo
  • Rating: 5
  • Installs: 839
Comments
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RO
RockenRock · 2 months ago

hello sir, can you fix for SP (S&P500) Ticker? when i load this indicator, it wont appear in chart. much appreciated for your hardwork. thank you

FO
fotosbellville · 3 months ago

Hello, thank you very much for your contribution!! I have just downloaded it, I am looking for a calculator that will help me know what lot to place when I open an order, knowing how much percentage of my account I want to risk and where I will put my stop loss. Sorry, I don't understand how to use this indicator, is it useful for what I need? Do you have any video explaining its use? That would help me understand better... I leave you my email for direct contact if you like to write to me. mitrading2573@gmail.com thank you very much for your contribution!! greetings from Argentina! Javier.

enomai's avatar
enomai · 4 months ago

yes, I plan to add the ability to place orders

JA
JakeJames · 4 months ago

after placing the position tool, can we activate it and place a trade? or is it just for placing the position tool?

enomai's avatar
enomai · 4 months ago

Hello. Fixed for OIL STATES ticker.

If you have a different ticker or are having problems calculating the lot, you can send the ticker's name  and an example of how to correctly calculate the lot for your ticker.

TommyDee's avatar
TommyDee · 4 months ago

Hi,
It looks like it does not work when placed on USOIL chart.
Can you please verify?