@algofib: Risk reward indicator on SPX 15m: it ran 8.2x its risk. The red box is the risk, 11 points from the entry at 7709.1 up to the stop. Every 11 points lower counts as one more R. Watch the last candle reach the 8R level and the teal box read R:R 1:8.2. Price never came back to the entry. Where would you have taken profit? FibAlgo R:R Trading System, an exclusive TradingView indicator. Search FibAlgo on TradingView. Charts by TradingView #riskreward #sp500 #spx500 #tradingview #fibalgo