Position Details

Know Your Potential Profit And Loss At All Times

The AlgoBox™ Position Detail indicator displays the amount of unrealized tick count and monetary profit and loss for the targets and stops on submitted orders.

In this example, the targets are set to 24 ticks with a total potential profit of $1205.00 and the stops are set at -11 ticks with a total potential loss of -$595.00.

This tool allows you to manage your positions without having to repeatedly mentally calculate the math, saving your mental bandwidth for more important trading tasks, such as trade execution.

In this example the targets are set to 53 ticks with a potential profit of $2675.00 and the stops are set at -22 ticks with a potential loss of -$1125.00.

The AlgoBox™ Position Detail indicator can be added to any chart of your choice.

In this example we have a green Shark Back harmonic pattern with targets set to 22 ticks at a potential profit of $1105.00 and the stops are set behind the PRZ at -11 ticks with a potential loss of -$595.00.

Remember to set your Chart Trader visible to see your order tags and Position Detail tags.

In this example we have a red Shark HMD with targets set to 21 ticks or a potential profit of $1070.00 and the stops are set behind the PRZ at -12 ticks with a potential loss of -$630.00.

Continue to Button Panel.

---

Only available on AlgoBox™ for NinjaTrader 8. Try AlgoBox™ for free today.

Disclaimer