cTrader Risk / Reward Calculated Assistance

falsedave
14 Jul 2014, 18:05

Additional Suggestion

I have a suggestion that I've already added into the voting system.

I'll just copy paste my idea here.

My idea was more to have the option to be able to run a script at Order execution time.

That would allow greater customization and flexibilty. For example I want to place a stop at 2*ATR(14) away from exection price that risks 1% of my capital and places a TP at 2:1 Risk reward ratio. Others may have different criteria for their stops.

Admittedly this may add a fraction of a second onto execution time for a script to run so is probably more useful for swing traders than scalpers. But would bean amazing feature to have.

Vote up the idea here

http://vote.spotware.com/forums/229166-ideas-and-suggestions-for-ctrader-and-calgo/suggestions/5627989-ability-to-be-able-specify-of-account-when-creat

Spotware
15 Jul 2014, 09:35

RE:

jobenb said:

Hi cTrader Team

 

I have a suggestion which will help the trader community immensely. Could you please add functionality that you can set the risk $ amount instead of the volume when placing an order and by dragging the stop loss from the order entry point you then adjust the volume so that you always risk the amount set as the available risk capital? If precise values are not possible then maybe using a Min Risk and Max Risk range and then a matching volume that match the closest within that range...

This will help a lot with setting Risk and Reward when placing an order.

Thank you!!!

Thanks for your suggestion, it will be taken under consideration.