Reward/Risk Drawing Tool

The Reward/Risk drawing tool would allow you to click somewhere on a chart to define a trade entry price, stop price and a target price. It then displays the stop and distance from the entry price as well as the Reward/Risk ratio.
A value of 1 means that the based on the entry, stop and target prices, the potential profit will be equal to the potential loss.
A Reward/Risk value of 2 means that the potential profit will be three times the potential loss.

After installing this drawing item, right click on the "Bookmark Panel", select "Add Shortcut", select "Drawing Tool" from the list, click on "OK" then double click on the "RewardRisk" item.

Once added to the bookmark panel, double click on the shortcut and start defining your entry, stop and target prices by clicking on the chart.

Please note that after the Reward/Risk lines are plotted on the chart, you can update your entry, stop and target prices just by clicking on the them moving your mouse.

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