# Risk/rewardTool **URL:** \ **Category:** Custom Indicators\ **Created:** [November 26, 2025, 6:39am UTC](https://community.tradovate.com/t/risk-rewardtool/12409 "2025-11-26T06:39:42Z")\ **Posts on this page:** 7\ **Page:** 1
**Author:** ![funk10101](https://avatars.discourse-cdn.com/v4/letter/f/97f17d/32.png) [@funk10101](https://community.tradovate.com/u/funk10101)\ **Post date:** [November 26, 2025, 6:39am UTC](https://community.tradovate.com/t/risk-rewardtool/12409/1 "2025-11-26T06:39:42Z")
This is a Risk Reward tool similar to other platforms. To use click on entry point, drag up/down to set Stop Loss risk, click to set, then drag up/down to set Target. Once set you may adjust using the anchors. Tradovate doesn’t do well with “AutoDetect” a chart’s instrument so it’s best to set the instrument in the settings dialog dropdown to get the correct tick size, dollar amount per tick, etc. ![rr-tool-dialog](https://us1.discourse-cdn.com/flex015/uploads/tradingforum/original/2X/3/3b883dc01a42af5b83214c24eea5a96ab824f90c.png) ![long-rr-tool](https://us1.discourse-cdn.com/flex015/uploads/tradingforum/original/2X/3/36144e2086e6a16199eff04050a64f1322b8c506.png) ![short-rr-tool](https://us1.discourse-cdn.com/flex015/uploads/tradingforum/original/2X/a/a34c1da1eabd62cafaa3745589b1a416552c27ef.png) ---
**Author:** ![funk10101](https://avatars.discourse-cdn.com/v4/letter/f/97f17d/32.png) [@funk10101](https://community.tradovate.com/u/funk10101)\ **Post date:** [November 27, 2025, 2:47pm UTC](https://community.tradovate.com/t/risk-rewardtool/12409/2 "2025-11-27T14:47:11Z")
Added the ability to choose number of contracts, 1 - 15 ![rr-tool-dialog](https://us1.discourse-cdn.com/flex015/uploads/tradingforum/original/2X/f/f645908d8547f738f766907febe6f6991caf9f46.png) ---
**Author:** ![Yasin\_Beladel](https://avatars.discourse-cdn.com/v4/letter/y/6a8cbe/32.png) [@Yasin\_Beladel](https://community.tradovate.com/u/Yasin_Beladel)\ **Post date:** [April 9, 2026, 6:56pm UTC](https://community.tradovate.com/t/risk-rewardtool/12409/3 "2026-04-09T18:56:00Z")
Hello, im new to tradovate is there any way how i can use a tool like this??? ---
**Author:** ![derooda](https://avatars.discourse-cdn.com/v4/letter/d/f0a364/32.png) [@derooda](https://community.tradovate.com/u/derooda)\ **Post date:** [May 5, 2026, 2:58am UTC](https://community.tradovate.com/t/risk-rewardtool/12409/4 "2026-05-05T02:58:25Z")
Hey! This is an awesome tool as Tradeovate doesn’t allow this type of trade management natively, so i really really want to use it! I am just a little confused on how to actually utilize it after installation. A few questions, is the addon automatically integrated upon installation? Meaning as soon as i place an order post installation, is the draggable setup then on the chart? Also for refence, in the community indicators tab it says the tool is installed & enabled, however I do not see it in my indicators list. Thanks for creating this! ---
**Author:** ![Carlos\_leon](https://avatars.discourse-cdn.com/v4/letter/c/ecae2f/32.png) [@Carlos\_leon](https://community.tradovate.com/u/Carlos_leon)\ **Post date:** [May 8, 2026, 2:18am UTC](https://community.tradovate.com/t/risk-rewardtool/12409/5 "2026-05-08T02:18:49Z")
donde descargo esta herramienta la neceisto ---
**Author:** ![Damon\_Mapp](https://avatars.discourse-cdn.com/v4/letter/d/2bfe46/32.png) [@Damon\_Mapp](https://community.tradovate.com/u/Damon_Mapp)\ **Post date:** [May 9, 2026, 2:58pm UTC](https://community.tradovate.com/t/risk-rewardtool/12409/6 "2026-05-09T14:58:50Z")
How do I download this tool? ---
**Author:** ![Jakea0](https://avatars.discourse-cdn.com/v4/letter/j/c67d28/32.png) [@Jakea0](https://community.tradovate.com/u/Jakea0)\ **Post date:** [July 7, 2026, 12:35am UTC](https://community.tradovate.com/t/risk-rewardtool/12409/7 "2026-07-07T00:35:59Z")
I trade on a white back ground and there’s no way to change the values to black. Could you add that feature?? Thank you for your time