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show positions on custom chart (or standard chart) for mt5
Info
The show positions on custom chart (or standard chart) for mt5 is a Indicator for MetaTrader 5 that this indicator is a utility that shows labelled trade levels on any chart. if you want to replace your native trade levels on a native chart, then turn off "show trade levels" in your f8 chart properties and attach this indicator.
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 positions on custom chart (or standard chart) for mt5
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
this indicator is a utility that shows labelled trade levels on any chart.
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.
this indicator is a utility that shows labelled trade levels on any chart. if you want to replace your native trade levels on a native chart, then turn off "show trade levels" in your f8 chart properties and attach this indicator. if you want to show trade levels on a custom chart (where native trade levels cannot be shown), then simply attach this indicator.
Also recommended: Geo Show Open Day Level - similar indicator with strong performance on MetaTrader 5.
basesymbol - specify the symbol from which the trade level data will be pulled--handy for unique custom symbols.
textbarsback - specify the number of bars back in history from the current bar where the level labels will be drawn. note: although magic number is referenced in the code, it is not presently included in the trade lines.
if you're running multiple ea's on the same symbol, you can edit the code to show magic numbers and then run multiple instances of the indicator on one chart. you can also edit the font sizes and text spacing in the object properties as needed for different display resolutions.
You may also like: Show Open Day Level - excellent alternative for indicator users on MetaTrader 5.
Source Code
яю//+------------------------------------------------------------------+
#property copyright "RobotFX"
#property link "https://robotfx.org"
#property version "4.00"
#property indicator_chart_window
#property indicator_buffers 0
#property indicator_plots 0
#include <Trade\OrderInfo.mqh>
#include <Trade\DealInfo.mqh>
#include <Trade\HistoryOrderInfo.mqh>.......
⚠ 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.