Real-Time Price Quote and Performance Indicator
Info
The Real-Time Price Quote and Performance Indicator is a Indicator for MetaTrader 4 that this indicator displays the current bid price along with the percentage change relative to the opening price of the current bar or a specified number of previous bars. It also shows the high, low, and range for the selected period.
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 Real-Time Price Quote and Performance Indicator
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
This indicator displays the current bid price along with the percentage change relative to the opening price of the current bar or a specified number of previous bars.
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: Institutional Ehlers Fisher Transform: Advanced Price Normalization for MT4 - another powerful indicator for MetaTrader 4 traders.
This indicator displays the current bid price along with the percentage change relative to the opening price of the current bar or a specified number of previous bars. It also shows the high, low, and range for the selected period.Also recommended: i market price 2.1 - real-time price information indicator - similar indicator with strong performance on MetaTrader 4.
Examples:
% Change of the Current Day Bar (Period D1, Shift 0): Compares the current price to the opening price of the current day.
% Change of the Current Hour Bar (Period H1, Shift 0): Compares the current price to the opening price of the current hour.
% Change of the Last Hour's Minute Bars (Period M1, Shift 60): Compares the current price to the opening price of the bar 60 minutes ago. The high, low, and range are calculated over the last 60 M1 bars. This mode tracks the continuous trend of the last hour without resetting at the top of each hour, unlike the H1 bar mode.
This tool is designed for 2026 and beyond.
You may also like: exchange price indicator - excellent alternative for indicator users on MetaTrader 4.
Source Code
/*
created by asteris, modified by cubicrey [march, 2010]
website: http://www.indo-investasi.com
converted to pivot star by rkdius [dec 2016]
*/
#property indicator_chart_window
enum lbcorner
{
topleft=0, // top left
topright=1, // top right.......
⚠ 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.