Dashboard Super Risk Reward Panel

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There are two critical components in a profitable trading system, one is entry (place an order), and another one is exit (close an order). You can exit by time: closing order after London Close for example. You can also exit by position: closing an order when price reaches a certain support/resistance level.

Dashboard Super Risk Reward Panel is an intuitive, and handy graphic tool to help you to:

• Locate and highlight the closest upper and lower support/resistance level (among the 7 critical support/resistance level, which are pivot S1, pivot R1, daily pivot, weekly pivot, monthly pivot, previous daily high, and previous daily low) to the current price. See screenshot2.
• Find the profitable RR ratio entry level with highlight by calculating and comparing the distance between upper closest to current price and distance between lower closest to current price. See screenshot3
• Click one buy/sell button to place buy and/or sell order with TP and SL set at the above level, which gives you and good RR ratio.

Features

• User is able to select support and resistance levels for RR ratio generating.
• Adjustable indicator panel position

Make sure completing the following action items to make this dashboard working.