Risk Reward Positions Overview
Posted: Fri May 04, 2018 6:10 amBased on the request.
viewtopic.php?f=27&t=66017
Risk Reward Positions Overview.lua- (7.49 KiB) Downloaded 939 times
MT4/MQ4 version
viewtopic.php?f=38&t=69050
FXCodeBase.COM: Forex Chart Indicators and Development
Your last stop on a way to find a fast growing community of forex traders and software developers. Best forex charts indicators are available here for download. Custom development of indicators and translation to .LUA is also available on request.
http://fxcodebase.com/code/
Risk Reward Positions Overview
Page 1 of 2
Posted: Fri May 04, 2018 6:10 amBased on the request.
viewtopic.php?f=27&t=66017
MT4/MQ4 version
viewtopic.php?f=38&t=69050
Re: Risk Reward Positions Overview
Posted: Fri May 04, 2018 10:27 amThanks for the indicator, but the indicator has some errors
1- The indicator say i have 4 entry orders but i dont have any entry order in that pair.
2- The Risk/Reward calculation is wrong
For example:
For the second trade the number 36670094 the RR say 1/0.23984375 and that is not correct the correct result is 1:3.7 or rounded 1:4 because the calculus is:
Take Profit (pips) / Stop Loss (pips) = 125.4/-33.3 = 3.76 or rounded 4
So the Risk/Reward in that trade is 1:3.76 or rounded 1:4
Put the risk/reward rounded 1:4 is much better and take less space because too much decimals is not important 1:4 is ok only 2 numbers. And put the format like this 1:4 not 1/4
In the entry orders when i putt one the indicator show it but the calculus is wrong too.
1- The indicator say i have 4 entry orders but i dont have any entry order in that pair.
2- The Risk/Reward calculation is wrong
For example:
For the second trade the number 36670094 the RR say 1/0.23984375 and that is not correct the correct result is 1:3.7 or rounded 1:4 because the calculus is:
Take Profit (pips) / Stop Loss (pips) = 125.4/-33.3 = 3.76 or rounded 4
So the Risk/Reward in that trade is 1:3.76 or rounded 1:4
Put the risk/reward rounded 1:4 is much better and take less space because too much decimals is not important 1:4 is ok only 2 numbers. And put the format like this 1:4 not 1/4
In the entry orders when i putt one the indicator show it but the calculus is wrong too.
Re: Risk Reward Positions Overview
Posted: Sat May 19, 2018 8:32 pmRe: Risk Reward Positions Overview
Posted: Mon May 28, 2018 7:11 am- Risk Reward Positions Overview.lua
- (9.37 KiB) Downloaded 784 times
Can you test this version?
The colleague made the modification.
I'm on vacation.
Re: Risk Reward Positions Overview
Posted: Mon May 28, 2018 9:58 amApprentice wrote:
Can you test this version?
The colleague made the modification.
I'm on vacation.
It does't work the Risk Reward calculus is wrong and the remaining pips to trigger the order was wrong too, remember the formula for the RR is: Take Profit (pips) / Stop Loss (pips) = RR, check my last post about that explaining the error.
Re: Risk Reward Positions Overview
Posted: Thu Aug 30, 2018 5:22 pmAny news about this ?
Re: Risk Reward Positions Overview
Posted: Fri Mar 15, 2019 9:38 amPlease can you fix the error I mention?
Thank
Thank
Re: Risk Reward Positions Overview
Posted: Wed Mar 20, 2019 1:21 pmTry this version.
- Risk Reward Positions Overview_1.lua
- (8.96 KiB) Downloaded 610 times
Re: Risk Reward Positions Overview
Posted: Wed Oct 09, 2019 7:30 pmIt need to fix.
The pips left to hit the entry order never change is has a fixed quatity of pips and that is wrong.
THe indicator show wrong pips, check the image it show the positive trades in negative and negative trades in positive.
If a trade don't have stop or limit please make the indicator to put -:- like when a trade dont have both, because if i have a trade only with limit or stop the rule of risk reward is not complete.
Can you add a new column to show the gross P/L of each trade.
Can you add a net total showing the sum of all trades pips and gross P/L
The pips left to hit the entry order never change is has a fixed quatity of pips and that is wrong.
THe indicator show wrong pips, check the image it show the positive trades in negative and negative trades in positive.
If a trade don't have stop or limit please make the indicator to put -:- like when a trade dont have both, because if i have a trade only with limit or stop the rule of risk reward is not complete.
Can you add a new column to show the gross P/L of each trade.
Can you add a net total showing the sum of all trades pips and gross P/L
Re: Risk Reward Positions Overview
Posted: Mon Oct 14, 2019 5:29 am- Risk_Reward_Positions_Overview.lua
- (9.14 KiB) Downloaded 438 times
Try this version.