profit calculator

profit calculator
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profit calculator

Info

The profit calculator is a Indicator for MetaTrader 5 that 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.

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 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.

What this tool does

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.

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 ADR Calculator MT5 - Professional Average Daily Range Indicator for MetaTrader 5 - another powerful indicator for MetaTrader 5 traders.


Also recommended: Quantora Pip Value Calculator MT5: Professional Pip and Point Value Calculator for MetaTrader 5 - similar indicator with strong performance on MetaTrader 5.

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 ():

You may also like: Quantora Daily Profit Loss Monitor MT5 - Professional Trading Performance Dashboard - 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.
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