positions info panel
Info
The positions info panel is a Indicator for MetaTrader 5 that indicator in the form of a panel. displays the resulting direction of the position: resulting lot size and up or down arrow.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Indicator works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Indicators folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use positions info panel
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
indicator in the form of a panel.
Typical Use Case
This Indicator excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Indicator works on MetaTrader 5. Place the file in the MQL5/Indicators folder and restart the terminal.
Description & Settings
Related: Quantora Symbol Information Dashboard MT5 - Professional Symbol and Trading Specifications Panel - another powerful indicator for MetaTrader 5 traders.
Also recommended: Quantora Symbol Information Panel MT5 - Professional Trading Specifications Dashboard - similar indicator with strong performance on MetaTrader 5.
indicator in the form of a panel. displays the resulting direction of the position: resulting lot size and up or down arrow.the main area of application is hedge accounts, when there are multiple open positions in different directions with different volumes. the panel displays the resulting position volume only for the symbol of the chart the panel is attached to.
example
such open positions are present:
thus, the resulting position on audusd: sell 0.02 + buy 0.05 = buy 0.03:
similarly, the resulting position on eurusd will be: sell 0.01 + buy 0.05 = buy 0.04:
and the resulting position on usdjpy will be: buy 0.06 + sell 0.03 + sell 0.05 = sell 0.02:
tip:
attach the positions info panel indicator to the chart, save the chart template (right click on the chart -> templates -> save template) under the name default.tpl. after that, whenever you open a new chart, the positions info panel will already be present on the chart.
You may also like: Spread Information Indicator - excellent alternative for indicator users on MetaTrader 5.
Source Code
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⚠ 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.