Risk to reward info
Created at 29 Apr 2016, 13:13
Risk to reward info
29 Apr 2016, 13:13
Is it possible to implement indicator to platform, which will show current risk to reward based on current SL and TP?
Or maybe someone can create this simple indi?
Jiri
29 Apr 2016, 15:48
Hi, just a sample. Edit the code according to your needs.
using System; using cAlgo.API; namespace cAlgo { [Indicator(IsOverlay = true, TimeZone = TimeZones.UTC, AccessRights = AccessRights.None)] public class RRR : Indicator { public override void Calculate(int index) { if (Positions.Count == 0) return; Position position = Positions[Positions.Count - 1]; double TakeProfitPips = Math.Abs((double)position.EntryPrice - (double)position.TakeProfit) * Symbol.PipSize; double StopLossPips = Math.Abs((double)position.EntryPrice - (double)position.StopLoss) * Symbol.PipSize; string text; if (TakeProfitPips >= StopLossPips) text = string.Format("1:{0}", Math.Round(TakeProfitPips / StopLossPips, 1)); else text = string.Format("{0}:1", Math.Round(StopLossPips / TakeProfitPips, 1)); ChartObjects.DrawText("RRR", text, StaticPosition.TopRight, Colors.Red); } } }@Jiri