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WiseTrader Toolbox
#1 Selling Amibroker Plugin featuring:
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Risk/Reward Ratio Auto Calculation and Drawing for Amibroker (AFL)
Rating:
5 / 5 (Votes 1)
Tags:
amibroker, risk management
Risk/Reward Ratio, Stop Loss and Target, Auto Calculation and Drawing
Screenshots
Indicator / Formula
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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 | // Code by xnohat.com"Date="+Date();Entry=ParamField("Entry",3);StopLoss=Entry-((Entry/100)*Param("StopLoss%",10));Target=Entry+((Entry/100)*Param("Target%",15));"Entry="+WriteVal(Entry);"StopLoss="+WriteVal(StopLoss);"Target="+WriteVal(Target);Risk=(Entry-StopLoss);RiskPer=((Entry-StopLoss)/Entry)*100;"Risk%="+WriteVal(RiskPer);Profit=(Target-Entry);ProfitPer=((Target-Entry)/Entry)*100;"Profit%="+WriteVal(ProfitPer);RRR=(Profit/Risk);"RRRatio="+WriteVal(RRR); Plot(SelectedValue(Entry),"Entry",colorYellow,styleDashed); Plot(SelectedValue(StopLoss),"StopLoss",colorRed,styleDashed); Plot(SelectedValue(Target),"Target",colorGreen,styleDashed); |
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