OPEN-SOURCE SCRIPT
Updated Futures Risk Manager
Aid to know points/cost of a position before it is taken.
Asks the user for entry, take profit, and stop levels, and shows the trade risk/reward in points and money, and the risk ratio, with levels shown in the window and a table if configured.
Can be given the number of contracts used.
Useful for brokers that do not permit the platform to should directly in the actual operation the stop and the take profit value in points/money.
Joint work with (and idea from) Nuno.
Asks the user for entry, take profit, and stop levels, and shows the trade risk/reward in points and money, and the risk ratio, with levels shown in the window and a table if configured.
Can be given the number of contracts used.
Useful for brokers that do not permit the platform to should directly in the actual operation the stop and the take profit value in points/money.
Joint work with (and idea from) Nuno.
Release Notes
just an update for the graph shownOpen-source script
In true PulseWire spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by PulseWire. Read more in the Terms of Use.
Open-source script
In true PulseWire spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by PulseWire. Read more in the Terms of Use.