NinjaTrader Stop/Target Labels Indicator
🛑 Stop/🎯 Target Labels is a NinjaTrader 8 indicator designed to solve a common limitation in NinjaTrader: by default, the platform does not show your stop-loss and take-profit levels in dollar amounts, and once you move these levels, it becomes difficult to know exactly how much risk or reward you have in currency terms.
This indicator fixes that problem by clearly displaying your active stop-loss and take-profit orders directly on your chart, including the distance in ticks and the potential profit/loss in dollars. No more guessing, scrolling through order lists, or manually calculating your risk – see your trade’s real monetary impact at a glance.
✨ Key Features:
📊 Clear Labels on Chart: Displays “StopLoss” and “TakeProfit” boxes directly on your chart for every active order.
📈 Ticks and Currency Display: Optionally shows the distance in ticks and the potential profit/loss in currency for each order.
🔄 Automatic Updates: Labels automatically update as orders are added, modified, or filled, keeping your chart always accurate.
🖥️ Overlay on Price Panel: Draws labels directly on the price panel for easy visualization without cluttering your workspace.
🎨 Professional Look: Fully colored and outlined boxes with high-contrast text for quick readability.
⚙️ No Configuration Hassle: The indicator works out-of-the-box with sensible defaults; no need to set order gaps manually.
💡 Benefits:
🛑🎯 Instantly identify risk and reward levels.
⏱️💹 Save time and reduce errors by visualizing stops and targets on the chart.
📌 Makes trade management simple, especially when running multiple positions.
📈 Helps in planning and executing trades more efficiently.
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