this is a another picture, a better picture where I am not in NEGATIVE... lol
new average price indicator.png
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Trade Calculator For All Open Trades To Reach Breakeven [Request]
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never got through to using okda's... maybe u can see any difference with the below:
Hey guys, this is the indicator right now.
new average price indicator.png
It gives me a line (i changed it manually to aqua colour), then reduced it's width to 1, then... on the picture... the break even price, then the distance in pips, then the current amount in profit/loss for that particular pair, the net lots opened, then finally the number of order for that particular pair.
personally, I think it's too much info, but it's very good anyway, I emailed 'thanks' to the creator of the indicator, and he/she responded.
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Originally posted by genki7
Thanks for the file, However I am getting error messages. Seems like there are no files in the folder. ?
Sent from my Nexus 6 using Tapatalk
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Really, it is a zip file that needs to be extracted
Does the extraction work fine or you get errors during it?
Try to rename the file to .rar instead of .zip and see if this will work
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check the attached one, it can draw a box at the top left showing each pair and also draw a line on the attached chartAttached Files
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I've tested both redrhino and goopfx, I'll post pics next time.
Redrhino, nice clean indicator, what I like best, it shows the pips to hold, or how many more pips before my account reach margin call, mine was 14,000 pips, lol.
The breakeven level calculated was wrong, the line was grey and abit too thick for me, no modification allowed on this.
goop, it was minimalist. very simple indicator on the top right hand side, but again, the calculation was wrong, i think it calculated all open orders, not just the pair i placed it on the chart, and net lots calculated was also wrong. it was 0.04 but the indicator showed 0.12, anyway, lastly, after remove the indicator i had to also remove the 'object'.
I'm using 5 digit broker, and also, i appreciate all the help. I am currently using the "average price v 3" indicator by Joca, you can google it, should find it. thanks guys.
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Originally posted by GoopFX View PostThere is an indicator which i had custom built. It tells me how many lots of orders i have open, It displays on top corner of my MT4. So, incase if one wants to hedge, once knowing exact lot size you have open say 4-5 positions. You can lumpsum hedge in order size. I tried to attach here it fails i guess .ex4 files are not allowed in forums.. so i uploaded the indicator at http://s000.tinyupload.com/?file_id=10506541901845268928 hope you find it useful.)
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Originally posted by FanFocusATgmailCOM View Post
you got a link?
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There is an indicator which i had custom built. It tells me how many lots of orders i have open, It displays on top corner of my MT4. So, incase if one wants to hedge, once knowing exact lot size you have open say 4-5 positions. You can lumpsum hedge in order size. I tried to attach here it fails i guess .ex4 files are not allowed in forums.. so i uploaded the indicator at http://s000.tinyupload.com/?file_id=10506541901845268928 hope you find it useful.
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Originally posted by Okda View PostThere are a lot of free indicators that will do so automatically on the chart and draw a line for the breakeven
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Some progress: (Look at pic)
I still have to manually enter the "Current Price" to get the break even point.
This is only for EUR/USD as other pair have different $/pip value.
Lastly, I have to go back to the MT4 platform to set the T/P & S/L manually.
Additionally, this would be perfect for FIXED SPREAD accounts.
That's all for now.
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There are a lot of free indicators that will do so automatically on the chart and draw a line for the breakeven
Sent from my Nexus 6 using Tapatalk
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