Switch to US Market is a tool for fetching and analyzing market prices for U.S. stocks based on specified risk-to-reward ratios.
Features
Market Price Fetch
Allows you to fetch the current market price of U.S. stocks, using stock symbols like 'AAPL' for Apple or 'TSLA' for Tesla.
Limit Price Option
Offers an optional feature to specify a limit price for the orders, helping in controlling the buy/sell threshold.
Risk-to-Reward Calculation
Calculates potential outcomes based on defined risk-to-reward ratios such as 1:1, 1:2, 1:4, or 2:5, aiding in making informed investment decisions.
Stop Loss Setting
Helps traders set predefined stop loss levels to protect their capital from significant losses.
Target Price Definition
Enables traders to define target prices to effectively lock in profits, maximizing their potential gains.
Market & Limit Price Calculation
Allows users to calculate stop loss and target prices using either the current market price or a custom limit price for precision entry points.
Risk and Reward Customization
Users can select or input custom risk and reward ratios to better tailor their stock trading strategies.
Dual Market Support
Supports calculations for both Indian NSE stocks and US NYSE/NASDAQ stocks, making it versatile for different markets.
Mobile Compatibility
The tool is fully responsive, allowing users to access it on mobile devices and tablets for on-the-go calculations.
User Support
Provides a contact page for users to reach out for assistance if they encounter issues or have specific queries.
Educational content
Provides in-depth articles on various trading concepts, such as stop-loss orders, risk-reward ratios, target prices, and risk management strategies.
Automated Risk-Reward Calculator
Automatically calculates your stop-loss and target levels based on your entry price, stop-loss price, and target price, making the process of determining risk-reward ratios effortless and rapid.
Customizable Inputs
Allows users to enter specific entry, stop-loss, and target prices as well as to set desired risk-reward ratios such as 1:2 or 1:3 for tailored trade assessments.
Support for intraday and positional trading
Accommodates different trading strategies by providing stop-loss support for both short-term intraday and longer-term positional trades.