Reply To: Reward Risk Measure tool

Optuma Forums Optuma General Discussion Reward Risk Measure tool Reply To: Reward Risk Measure tool

#61025
AvatarMichael
  • Topics: 20
  • Replies: 32
  • Posts: 52

The concept is always easier than the practice. Oh well.

Something I have used in the past is an External Fibonacci Tool. So I set the retracements to +1.10 and -1.10 for Stop and Entry, then another at 2.3 which is then the 1:1 position. And other larger ones are included at the other targets.

In my mind it would be something like that. But what do I know.

Thanks for looking at it.

cheers
Michael

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