Placing trades shouldn’t feel complicated. Developed by Glow Development, this professional add-on for NinjaTrader 8 simplifies order entry by transforming it into a straightforward visual process. Instead of manually calculating contract sizes and typing in stops or targets, you can drag levels directly on the chart and place a bracket order with a single click. The tool automatically adjusts position size based on your chosen risk settings, so every trade is managed with precision.

Fast, Visual Trade Planning

The risk and reward tool is designed for speed. Mark your entry, define your stop-loss, and map your profit targets directly on the chart. As you adjust the levels, position sizing updates instantly. With risk clearly displayed, you’ll always know the potential loss and reward before committing to a trade.

Place, Move Targets & Enter Order – Risk & Reward Tool for NinjaTrader 8

Multi-Contract Demo – Risk & Reward Tool for NinjaTrader 8

Two Position Sizing Modes

Every trader has a unique approach to managing risk, and this tool accommodates both. Whether you prefer to size positions strictly by maximum account risk or trade multiple contracts with staggered targets, the Risk & Reward Tool for NinjaTrader 8 provides flexible options that fit your strategy.

• Maximum Risk Mode – Position size is dynamically calculated in real-time as the chart price changes. The tool also shows expected profit and loss for each target.

• Multi-Contract Mode – Select up to five contract quantities and see the exact risk and reward for each allocation. When it’s time to trade, select the contract size that aligns with your trading plan.

Flexible Entry Options

You decide how to enter the market. Place trades instantly at the current price, or use a limit order to enter at your preferred level. Either way, bracket orders are set automatically, so you never trade without protection.

Strengths of Using a Risk & Reward Tool with NT8

Risk management is often the deciding factor between long-term success and frustration in trading. By integrating a dedicated Risk & Reward Tool into NinjaTrader 8, traders gain structure and confidence in their setups. Instead of second-guessing numbers or rushing through order entry, you can approach every trade with a clear plan, consistent sizing, and instant feedback on potential outcomes.

• Clarity Before Execution – See exactly how much you stand to risk or gain before clicking the buy or sell button. No guesswork, no surprises.

• Automatic Position Sizing – Let the tool calculate the contract size based on your risk tolerance, so every trade aligns with your plan.

• Time-Saving Efficiency – One-click bracket order placement means less time setting up orders and more time focusing on the market.

• Consistent Discipline – By forcing you to define stops and targets in advance, the tool helps prevent emotional decision-making.

• Better Trade Evaluation – Compare setups visually and select only those with favourable reward-to-risk ratios.

Snap-to-Price Functionality

Keep the setup simple by snapping the tool to the current price. Once your trade is live, the tool can be configured to “unsnap,” leaving your stop and target locked to the actual entry level.

Why Use This Tool

Risk management is one of the most important parts of trading, yet it’s often the hardest to execute quickly. This add-on reduces mistakes, enforces discipline, and helps traders plan their setups visually. With intuitive controls and instant feedback, it’s the missing piece in the standard NinjaTrader 8 toolkit.

How to Get Started

This simple guide will help you get started and draw the risk and reward tool on the chart.

• Install the Add-on.
• Open a Chart.
• The registration window will appear.
  • 14-day trial: click "Continue" to proceed with automatic registration.
  • Paid version: Click "Continue" to register the prompts and add them to your ClickAlgo account dashboard.
• Open the chart trader.
• Open available indicators and select GlowRiskRewardOrderEntry.
• To draw the risk and reward tool, click on the pencil icon to open the drawing tools and select GlowRiskReward.
• With the pencil, draw the indicator on the chart.
• Instructions on how to use the indicator for trading can be found in the video walkthrough below.

Video Walkthrough

See the Risk & Reward Tool for NinjaTrader 8 in action. This brief demonstration illustrates how straightforward it is to drag your entry, stop, and targets onto the chart and place a complete bracket order with a single click. You’ll also see how the tool automatically calculates position size, helping you manage risk without slowing down your trading.

👉 Watch the video on YouTube

How to Install

The easiest way to learn how to install indicators (Add-Ons) is to visit the Support Hub.

NinjaScript Coding

Contact our development team if you have an idea for an automated trading strategy or a custom technical indicator.

Any Questions?

If you have questions regarding this product, contact our support team.