Why R is the missing piece
Win rate alone is a trap. A 60% win rate that risks 20 ticks to make 5 is losing money. A 40% win rate that risks 5 to make 20 is making money. The R-multiple is what connects your win rate to actual profitability.
R = reward ÷ risk. If you long ES at 5000 with a stop at 4995 and exit at 5015, your reward is 15, your risk is 5, and your R is 3.0. Every trade in TurtleMetrics gets one of these — if it has a stop attached.
The Risk Tool indicator (recommended)
A separate NinjaTrader indicator that captures your stop at entry, in real time, as part of trading. Three steps:
You open a trade in NT
The indicator detects the position and draws a horizontal stop loss line on the chart. With an ATM strategy it snaps to your ATM stop automatically.
Drag the line to your stop
The line is draggable. As you move it, the indicator shows the distance from entry in points and ticks. Wrong-side stops are flagged so you don't confirm a mistake.
Click Confirm SL
Locked in. Sent to TurtleMetrics with the trade when it closes. Your Realized R reflects the actual risk you took at entry.
Or enter stops manually
If you don't want the indicator — or you're back-filling history from before you installed it — you can enter stops by hand. Open a trade from the calendar day view, type your stop in the SL field, save. TurtleMetrics validates that the stop is on the correct side of entry (below for longs, above for shorts) and calculates the R from there.
R is only meaningful with a stop attached. Trades without a stop don't have R. The more consistently you capture stops, the more your risk data is actually saying something.
Where you'll see the R show up
R per trade. Stop loss drawn on the intraday chart.
Full breakdown — risk in points, reward in points, R.
Average R per setup. Find the strategies that compensate the risk.
R distribution by behavior. Are "moved_stop" trades dragging it down?