Profit Calculator
This professional-grade solution for MetaTrader 5 helps traders achieve greater efficiency in their daily workflow. This technical indicator acts as a specialized analysis tool designed to visualize market data. It helps traders identify emerging trends, momentum shifts, and key support or resistance levels by plotting statistical calculations directly onto price charts.
How to Setup and Use Profit Calculator
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.
Description & Settings
The indicator calculates and shows in the panel in the price chart:
Size of the current profit from all the open positions on the account, as well as the number of the current Buy and Sell positions;
Size of the profit from closed positions over the last day, as well as the number of the closed Buy and Sell positions over the last day;
Size of the profit from closed positions over the last week, as well as the number of the closed Buy and Sell positions over the last week;
Size of the profit from closed positions over the last month, as well as the number of the closed Buy and Sell positions over the last month;
Size of the profit from closed positions over the last year, as well as the number of the closed Buy and Sell positions over the last year;
Size of the profit from closed positions over the entire account life, as well as the number of the closed Buy and Sell positions on the account;
It has ten input parameters:
Start day of the week
- start day of the week:
Monday
- Monday;
Sunday
- Sunday.
Panel corner
- chart corner, to which the panel is anchored;
Panel X offset
- horizontal shift of the panel from the anchoring corner;
Panel Y offset
- vertical shift of the panel from the anchoring corner;
Panel transparency
- panel transparency (255 means complete opacity)*;
Panel background color
- panel color;
Panel border color
- panel border color;
Panel text color
- panel text border;
Loss value text color
- fixed loss value text color;
Profit value text color
- fixed profit value text color. * Panel transparency cannot be set to less than 48.
For more convenience, this panel showing the current and fixe profit can be combined with the indicator of possible losses at closing open positions by a Stop order ():
