OPEN-SOURCE SCRIPT

Risk/Reward Calculator

Atualizado
Just a simple risk reward calculator to help indicate the R:R levels of your risk on a trade. The drawing tool doesn't have multiple R capabilities.
Notas de Lançamento
If user puts in their basis points commission rate, the calculator will now automatically calculate their R (risk) in net (inclusive of comms).
If user doesn't put in their commission rate, then it will just take the stop loss amount as the total R.

Notas de Lançamento
Had incorrect calculation in recent update. Have fixed this now

The calculator will now provide a gross R:R calculator if there is no commission input (left at 0)

The calculator will provide a net R:R if commission is included, and net risk will be auto calculated based on the entry price.
Your commission amount is dependent on your entry price, it is a rough estimation and is only accurate if entry and exit price are identical. Outside of this the R:R calculator is a rough estimation.
Notas de Lançamento
missing a '/100' on reward plot line 9
Notas de Lançamento
updated labels to present correct price too
Notas de Lançamento
Changed the stop loss to be a price instead of distance, so that working out for user is faster.
Added in a breakeven line as well depending on users commission.
Notas de Lançamento
Updated the reward levels to start from break even, rather than entry, that way your profit is net, and can be calculated by the R amount.
Notas de Lançamento
Added in more Reward levels (up to 20) for those multi-baggers.
calculatorrewardriskRRTrend AnalysisVolatility

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