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Direct MessagesDate/Time: Fri, 18 Oct 2024 06:17:54 +0000
Trade tool as in TradingView
View Count: 2192
| [2023-03-01 13:05:36] |
| al-right - Posts: 30 |
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I was wondering: is there a visual trade tool similar to the one in TradingView to display trades for teaching/learning/recording purpose? Showing an example https://ibb.co/RP5CSjQ I am aware of the Reward/Risk tool but a box like in TV would be more practical, also to extend to the future Date Time Of Last Edit: 2023-03-01 13:12:27
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| [2023-03-01 13:31:09] |
| Sierra_Chart Engineering - Posts: 16656 |
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You can replay your trades: Replaying Charts: Replaying Non-Simulated / Live Order Fills We did not look at the example. Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2023-03-01 15:47:04] |
| al-right - Posts: 30 |
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We did not look at the example.
Thanks for your reply but probably I wasn't clear. I wasn't necessarily referring to trades already taken (I just tried your suggestion and I see what you mean). Basically what I'm looking for is the Risk/reward tool but in form of a box with lines that can be dragged and adjusted both vertically and horizontally. Please, do have a look at the picture I posted, hopefully showing my thought more clearly.
Date Time Of Last Edit: 2023-03-01 15:47:49
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| [2023-03-01 22:59:03] |
| John - SC Support - Posts: 35333 |
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Take a look at the Price Projection, Price Retracement and Price Expansion tools. They are all similar, but have slight differences. Refer to the information for these here: Chart Drawing Tools: Price Retracement (2 point) | Price Expansion (2 point) | Price Projection (3 point) Tools For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2023-03-02 09:28:57] |
| al-right - Posts: 30 |
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Take a look at the Price Projection, Price Retracement and Price Expansion tools. Alas, these are all Fibonacci related tools, which is not what I'm looking for. If you look at the picture I had posted, it's a box drawn around the entry point, the SL and the TP (all adjustable), showing the risk/reward ratio and amount of SL and TP pips. Again, it's the Sierrachart Reward/Risk tool in form of a box rather than just lines, with the relevant values inside the box rather than the extreme tip at the TP. The difference is that the 3 values can be projected both in the past and in the future, allowing to evaluate if and when a SL or TP has been triggered. This further screenshot hopefully explains it better https://ibb.co/c3S3wM9 A very popular tool in Tradingview.
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| [2023-03-02 15:43:11] |
| Tooth Fairy - Posts: 79 |
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I would suggest that the SC Risk Reward tool has an option to have a fix R/R rate defined by user. When user clicks on the price, it will draw 1 vertical line w/ defined stop loss & 1 vertical line defined Reward based on RR ratio. Both points can be adjustable by user afterward. It's more user friendly than the current one probably designed by a programmer. If I the user have access to SC drawing tools interactively, I probably have implemented that long time ago. |
| [2023-03-02 16:33:47] |
| al-right - Posts: 30 |
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I would suggest that the SC Risk Reward tool has an option to have a fix R/R rate defined by user. When user clicks on the price, it will draw 1 vertical line w/ defined stop loss & 1 vertical line defined Reward based on RR ratio.
That's an idea, although still limited to just a vertical line. An extendable box would be much more versatile. I wonder how hard it would be to be implemented...
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| [2023-03-02 16:44:14] |
| User431178 - Posts: 517 |
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Seems possible to make something.
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 reward_risk.gif / V - Attached On 2023-03-02 16:40:46 UTC - Size: 2.16 MB - 305 views |
| [2023-03-02 17:25:23] |
| Tooth Fairy - Posts: 79 |
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@ User431178 It's for GDI right? |
| [2023-03-02 17:27:36] |
| User431178 - Posts: 517 |
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It's for GDI right?
No, just drawing tools.
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| [2023-03-02 17:43:03] |
| Tooth Fairy - Posts: 79 |
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Thanks. I'm going to look into it to do one click RR.
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| [2023-03-02 18:48:28] |
| John - SC Support - Posts: 35333 |
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The Price Projection/Retracement/Expansion tools are setup to show those specific levels, but you can change them to be whatever values you want. Also, these support the display of the Reward/Risk information.
For the most reliable, advanced, and zero cost futures order routing, use the Teton service: Sierra Chart Teton Futures Order Routing |
| [2023-03-02 19:16:33] |
| User431178 - Posts: 517 |
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Price Expansion tool works very well for this. Thank you very much! |
| [2023-03-02 21:00:53] |
| al-right - Posts: 30 |
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The Price Projection/Retracement/Expansion tools are setup to show those specific levels, but you can change them to be whatever values you want. Also, these support the display of the Reward/Risk information.
Please do correct me if I'm wrong: for all those tools the relation between the values can only be changed by typing in the settings in the Chart Drawing Properties (quite bothersome and frankly not practical), but not by dragging the levels, unlike the Reward/Risk tool, where the distance (relation) between the 3 dots can be changed by dragging them on the spot, which is basically what I'm looking for; with the only improvement that I would like to see a horizontal beginning and end for all those 3 dots (hence a box like in Tradingview).
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| [2023-03-02 21:47:05] |
| Tooth Fairy - Posts: 79 |
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U can set different values in Tool Config # associated w/ price expansion tool for ex. then check risk/reward etc. First click is your stop loss, 2nd click is your price. If you change the level to 100%, 200% etc then the value will tell u @ 100% your stop loss value relative to the price, where your RR would be at whatever u enter at level i.e 200%, 300% etc. U can also move those 2 pts around & the value will reflect the change. Date Time Of Last Edit: 2023-03-02 21:50:23
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| [2023-03-03 08:44:10] |
| al-right - Posts: 30 |
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U can set different values in Tool Config
Quite a bit of work on each trade but anyway another hurdle still remains: the levels will still extend to the infinite and different trades might overlap making things very confusing especially when they are many and close to each other (think scalping).
Date Time Of Last Edit: 2023-03-03 08:44:29
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| [2023-03-03 08:48:55] |
| al-right - Posts: 30 |
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User431178
I'm sorry but I totally overlooked your gif! That looks like a very good approximation! Would you be so kind as to share your study? Thank you.
Seems possible to make something. Date Time Of Last Edit: 2023-03-03 08:49:50
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| [2023-07-19 21:43:29] |
| al-right - Posts: 30 |
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Hello again. I apologise in advance if I am resurrecting this request of mine. After been using SC for a while (which I love for many reasons) in comparison with TradingView, I still cannot digest nor believe this apparent inability to modify (or even recreate from scratch) the SC Trading Tool such as to emulate the one from TradingView, infinitely more versatile. In the slight hope I might move some SC clever coder to compassion, I uploaded this little video showing how much more complete the latter is, since, after the solutions proposed here so far, I'm under the impression that the difference has not been understood very well. Countless thanks in advance, if anyone will be able and kind enough to take up on this challenge. https://drive.google.com/file/d/1qag_-DlwVFRI9NqY0YatH1x7R4zSyQhx/view?usp=sharing |
| [2024-05-29 17:20:41] |
| User883596 - Posts: 4 |
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Hello, I would like to have the Risk Reward tool like in tradingview as well,like al-right is suggesting here: https://drive.google.com/file/d/1qag_-DlwVFRI9NqY0YatH1x7R4zSyQhx/view?usp=sharing. There is any update? I see for now is not possible. It would be great! Thanks in advance. |
| [2024-07-04 23:05:36] |
| LAdisa - Posts: 17 |
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I was hoping that there was a good conclusion to this inquiry. It seems many fellow traders are looking for a basic upgrade to the R/R reward tool. Has that been achieved yet? User431178 shared a gif in this thread of a version that would work great. If you read this User431178 could you please share? Thanks.
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Attachment Deleted. Screenshot 2024-07-04 at 3.58.39 PM.png / V - Attached On 2024-07-04 23:04:49 UTC - Size: 1.72 MB - 59 views |
| [2024-07-05 06:05:07] |
| VLiviu - Posts: 223 |
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+1 Dear SC team. Please provide us more into how to setup this Price expansion (a video would be cool), its not quite easy or please provide a more pro tool like the one from TradingView. Thanks! |
| [2024-07-05 08:10:11] |
| al-right - Posts: 30 |
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@LAdisa For the record, User431178 doesn't have that tool: his gif was only showing what it would look like (in a dream LOL). The SC team seem to be totally deaf to this request which is older than a year now. Evidently not possible to implement. :(
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| [2024-07-05 08:36:13] |
| VLiviu - Posts: 223 |
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looks like...
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| [2024-07-05 09:07:01] |
| User431178 - Posts: 517 |
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Here you go, not as good as a native tool for sure. Risk Reward - Box uses chart drawing tools to add r:r boxes to most recent r:r drawing Risk Reward - Augmentation uses ACSIL graphics interface to add boxes to all visible r:r drawings Not sure they are the most performant solutions, especially if you have lots of other user added drawings. Risk Reward - Augmentation should only be used with OpenGL as this has alpha channel (transparency) implemented. Maybe I could do a native GDI version so transparency works without OpenGL, but this is enough for now. User431178 doesn't have that tool: his gif was only showing what it would look like (in a dream LOL). Urrrrr, ok Date Time Of Last Edit: 2024-07-05 09:09:35
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rr-mod.png / V - Attached On 2024-07-05 09:00:14 UTC - Size: 43.41 KB - 148 views  RiskReward.cpp - Attached On 2024-07-05 09:00:25 UTC - Size: 8.56 KB - 177 views RiskReward.dll - Attached On 2024-07-05 09:00:35 UTC - Size: 124.5 KB - 171 views |
| [2024-07-05 09:33:28] |
| VLiviu - Posts: 223 |
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Thank you!
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