tool box

Related: currency indicator: a comprehensive trading tool - another powerful indicator for MetaTrader 4 traders.

changelog:
information provided:

Also recommended: spread data logger tool - similar indicator with strong performance on MetaTrader 4.

button to
change the timeframe
, or to put it in
auto mode.
button
+
and
-
to change the
lot size
, you can use "p" and "m" shortcut to change lot size.

line 1 :
lot size
/
countdown
of the current candle / the price at the
mouse position.
line 2 :
pip value
in your currency /
atr
/
swap buy
/
swap sell.
line 3 :
average pips
in the last
20 period
of the timeframe choose / the same information but in
money.
line 4 : same thing but in the last
10 period.
line 5 : same thing but in the last
5 period.
line 6 : same thing in the
actual candle.
line 7 :
spread in pips
/ the
percentage of spread
over the average 5 period /
spread in your currency.
line 8 : when you click on the chart you can have in your currency the
value between the actual price and the mouse click
/ idem in
pips
/ the
mouse click price.
line 9 : when you move the mouse, you can have the number of
pips between open and close
of a candle / the
pips between high and low
of the candle / the
datetime
of the candle.in options:

you can activate
the range of
the period choose.

you can activate theestimated time of arrival
of your take profit
.
the parameters are:

lot:
the lot you usually use.

activerangeline:
you can view the range of the average range of the last 5 periods. [true/false]

activetakeprofiteta
: give the date and hour of when your take profit could be touch. [true/false]
when you move your mouse on the chart you can see the value in pips between open and close [oc] and the hight and low [hl].
you can also see the black square, you can move it on your chart, and the text will follow.
when you click on the chart it tells you (in your currency) how much money separate the click and the actual market price (based on the pip value). so you can know before opening a trade the potential of this one, and see if the risk is profitable.
you can see the range of the period based on the average of the last five period. here it's the blue line.
you can see two trades with a take profit, the first take profit can be touch at this date and hour, of course, the hour changes a lot, but it's good to know if you need to wait 1 week or few hours.

You may also like: A Valuable Trading Tool - excellent alternative for indicator users on MetaTrader 4.

#property copyright "robotfx"
#property link "https://robotfx.org"
#property version   "1.02"
#property script_show_inputs
#property indicator_chart_window
#property strict
extern double lotsize=0.1;             //your lot size
extern color labelcolor=clrwhite;      //text color
bool excludesundaydata=true;
extern bool activerangeline=true;      //active range line

.......

• 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.