Calculator Tools
Calculators Made Easy
Risk/Reward Calculator
The Risk/Reward calculator is used to find the difference between two points of the risk and reward zone. Select the Risk/Reward tool on your Calculators Toolbar. Click on your chart where you want your technical formation to begin and drag to cover the area between your initial order and your risking stop loss order.
The calculator will create an equal-sized reward area that can be stretched to the proper distance you expect the graph to retrace. The numbers in the tool indicate the dollar amount of risk and reward.
When the chart is trading within the risk area (negative number), you are risking your own money. When the chart is trading within the reward area (positive number), you are risking OPM or "Other People’s Money." Use the Risk/Reward calculator on all trades to calculate where your order entries and exits should be placed.
Resizing the Risk/Reward Calculator
Select the drawing by clicking on it. You will know the drawing is selected when boxes appear at the corners. Click on a box and drag it to your desired location. Release the mouse button to place.
Moving the Risk/Reward Calculator
Select the drawing by clicking on it. Hold down the mouse button and drag to the new location. Release the mouse button to place.
Deleting the Risk/Reward Calculator
Select the drawing by clicking on it. Press the Del (Delete) key on your keyboard. You can also right-click the channel and select "Delete" from the drop-down menu.
Preferences
Select the drawing by clicking on it. The properties will appear in the preferences section of your control panel. Or, right-click on the drawing and select properties from the dropdown menu.
1. Restore Settings: TNT Default will change your settings back to the original software settings. My Default will change current settings to your personalized default settings. Apply To All Charts will apply your selected settings on all open charts. Save As My Default will save your current personal settings.
2.
Line: Choose the color, style, and thickness of the line.
3. Risk Color: Change the highlight color of the Risk text.
4. Reward Color: Change the highlight color of the Reward text.
5. Quantity: See Dollar Calculator Preference Tab.
6. Price/Point Difference: Either view the Point or Price difference of the risk and reward calculator.
7. Font: Change the size, font, and color of the text.
8. Show Text: Uncheck this box to hide the text.
9. Snap: Select this option to place the circle directly on a price bar. You can snap to open, high, low, or close.
10. Details: This section gives you the price value of Point 1 and Point 2 on the Risk/Reward Calculator.