show important params
Info
The show important params is a Indicator for MetaTrader 5 that the indicator shows symbol and account parameters, some of which are subject to change during important news releases or before the close of a weekly session. the following parameters may change:leverage — can be decreased, e.
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 show important params
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 shows symbol and account parameters, some of which are subject to change during important news releases or before the close of a weekly session.
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: Show Min Max Day Levels - another powerful indicator for MetaTrader 5 traders.
the indicator shows symbol and account parameters, some of which are subject to change during important news releases or before the close of a weekly session.
Also recommended: Geo Show Open Day Level - similar indicator with strong performance on MetaTrader 5.
the following parameters may change:leverage — can be decreased, e.g. during important news releases, before market close on friday.
stoplevel — stop loss and take profit levels (in points). they may increase during the news release and at the end of the session.
margincall — when this drawdown level is reached, it is recommended to make a deposit or to close some deals.
stopout — when this drawdown level is reached, broker may force close part of the losing deals. the following parameters are constantly changing, depending on the current quotes of the symbol.
pointprice — the value of one point in the deposit currency.
spreadsmooth — the current spread average on spreadsmoothticks ticks.
realspread — the current spread without averaging.
spreadprice — the value of the average spread in the deposit cirrency.
parameters:
fontsize
fontcolor
fontname
xoffset — horizontal offset from the bottom left corner in pixels
yoffset — vertical offset from the bottom left corner in pixels and the distance between lines
spreadsmoothticks — spread value averaging period
You may also like: Show Open Day Level - 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.