gain/loss info mt4
Info
The gain/loss info mt4 is a Indicator for MetaTrader 4 that gain/loss info metatrader indicator— displays the gains and losses for all candles where the given threshold is surpassed. the values are calculated in points and percentage.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Indicator works exclusively on MetaTrader 4 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL4/Indicators folder via File ? Open Data Folder in MetaTrader 4.
How to Install and Use gain/loss info mt4
1. Installation: Place your file in the MQL/Indicators folder via "Open Data Folder" and restart your terminal.
2. Loading: Find the indicator in the Navigator, drag it onto your chart, and configure the input parameters in the popup window.
3. Customization: Press Ctrl+I to open the indicator list, select your tool, and click "Properties" to change colors, levels, or visual styles.
4. Updating: Replace the old file in the Indicators folder with the new version and restart the platform to apply changes.
Frequently Asked Questions
Q: Why is my indicator not showing? A: Verify the file is in the MQL/Indicators folder, or try right-clicking the "Indicators" tree in the Navigator and clicking "Refresh."
Q: Do custom indicators slow down the platform? A: Too many complex indicators can impact performance; remove unused ones via the "Indicator List" (Ctrl+I).
Q: Can I use MT4 indicators on MT5? A: No, MQL4 and MQL5 are distinct languages; ensure the indicator is compiled specifically for your platform version.
What this tool does
gain/loss info metatrader indicator— displays the gains and losses for all candles where the given threshold is surpassed.
Typical Use Case
This Indicator excels in automated trading and technical analysis on MetaTrader 4.
Compatible Platform & Setup
This Indicator works on MetaTrader 4. Place the file in the MQL4/Indicators folder and restart the terminal.
Description & Settings
Related: i market price 2.1 - real-time price information indicator - another powerful indicator for MetaTrader 4 traders.
Also recommended: informer: risk and order management indicator - similar indicator with strong performance on MetaTrader 4.
gain/loss info metatrader indicator— displays the gains and losses for all candles where the given threshold is surpassed. the values are calculated in points and percentage. the indicator can calculate gain/loss in two modes: plain candlestick close and open difference, and as difference between current close and previous close. you can set minimum change limits (for pips and percentage), change modes, and you can also control font color of the output numbers. the indicator is available for both mt4 and mt5.
input parameters
percentagelimit
(default = 1.0) — minimum threshold for the change to be displayed; in percentage points.
pointslimit
(default = 1000) — minimum threshold for the change to be displayed; in points.
closetoclose
(default = true) — if true, the indicator will compare current close to previous close; if false, it will compare current close to current open.
displaylosscolor
(default = clrred) — color of the negative price change display.
displaygaincolor
(default = clrgreen) — color of the positive price change display.
maxbars
(default = 100) — maximum number of bars to calculate the indicator on. the higher is the number the more lagging indicator becomes.
fontface
(default = "verdana") — the font face to use for display.
fontsize
(default = 10) — the font size to use for display.
objectprefix
(default = "gli-") — prefix for chart objects for compatibility with other indicators.
You may also like: market information indicator - excellent alternative for indicator users on MetaTrader 4.
Source Code
#property link "https://robotfx.org"
#property version "1.01"
#property strict
#property description "Educational code - RobotFX www.robotfx.org"
#property description "Educational code - RobotFX www.robotfx.org"
#property indicator_chart_window
input double PercentageLimit = 1.0; // PercentageLimit - Will not display number if percentage gain/loss is below limit.
input int PointsLimit = 1000; // PointsLimit - Will not display number if points gain/loss is below limit.
input bool CloseToClose = true;
input color DisplayLossColor = clrRed;.......
⚠ Limitations & Risk Warning
- This tool is provided for educational and testing purposes only.
- Past performance does not guarantee future results.
- Trading involves substantial risk of loss. Use on a demo account first.
- Results may vary depending on market conditions, broker, and settings.
- We recommend thorough backtesting and forward testing before using with real funds.