show trade lines service
Info
The show trade lines service is a Script for MetaTrader 5 that the service enhances the visual representation of open positions and related transactions on charts, offering a more intuitive view compared to the default terminal display. it allows you to see the time and price of the initial trade and, optionally, subsequent transactions like partial closures or volume adjustments in a netting account.
Usage
This tool is typically used for enhancing chart analysis and decision making.
Platform
This Script works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Scripts folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use show trade lines service
1. Installation: Move your script file into the MQL/Scripts directory and restart the platform.
2. Execution: Drag the script onto a chart; it will perform a one-time action, such as closing all open orders or clearing chart objects.
3. Editing: Use MetaEditor (F4) to modify code, click "Compile," and verify no errors appear in the terminal before running.
4. Removing: Scripts stop automatically, but you can remove them manually by right-clicking the chart and choosing "Remove Script."
Frequently Asked Questions
Q: How are scripts different from EAs? A: Scripts execute a single action and then stop; EAs monitor the market and trade continuously.
Q: Can I assign a hotkey to a script? A: Yes, right-click the script in the Navigator, select "Set Hotkey," and define your preferred keyboard shortcut.
Q: Why did my script stop? A: Scripts are designed to stop immediately after finishing their programmed command; this is normal behavior.
What this tool does
the service enhances the visual representation of open positions and related transactions on charts, offering a more intuitive view compared to the default terminal display.
Typical Use Case
This Script excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Script works on MetaTrader 5. Place the file in the MQL5/Scripts folder and restart the terminal.
Description & Settings
Related: Trade Journal Exporter: Closed Positions to CSV - another powerful script for MetaTrader 5 traders.
the service enhances the visual representation of open positions and related transactions on charts, offering a more intuitive view compared to the default terminal display. it allows you to see the time and price of the initial trade and, optionally, subsequent transactions like partial closures or volume adjustments in a netting account.Also recommended: advanced trade history exporter: mae, mfe, and time-based analysis - similar script with strong performance on MetaTrader 5.
this service actively monitors the account for open positions and dynamically creates graphical objects on the active chart if the symbol matches any existing positions. these objects provide valuable information at a glance.
inputs:
- timeinterval (seconds) - default: 5
- lineprefix - a common prefix for on-chart objects, e.g., "tradetag"
- linecolorprofit - color for lines indicating profitable positions (clrdodgerblue)
- linecolorloss - color for lines indicating loss-making positions (clrcoral)
- linestyle - drawing style of lines (style_dashdot)
- linewidth - line width (1)
- linetype - line type: obj_trend (default) or obj_vline
- showdeals - display arrows for deals (true/false)
- keeplinesoncharts - retain graphical objects on the chart after position closure (true/false)
- logging - enable logging of main events (true/false)
the service maintains a list of global variables to track added objects on the chart. this facilitates the removal of objects when a position is closed and keeplinesoncharts is disabled. if keeplinesoncharts is enabled, the objects remain on the chart for manual user control, but global variables related to closed positions and their deals are removed.
tooltips and chart settings provide easy access to essential position and deal details, ensuring a comprehensive trading experience.
You may also like: project template generator for metatrader 5 - excellent alternative for script users on MetaTrader 5.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#property description "This code is provided AS IS and intended for educational purposes only. Professional trading EAs and indicators - robotfx www.robotfx.org"
#property version "1.0"
#property service
#define push(a,v) (a[arrayresize(a, arrayrange(a, 0) + 1, arrayrange(a, 0) * 2) - 1] = v)
enum line_type
{
obj_trend_ = obj_trend,
obj_vline_ = obj_vline.......
⚠ 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.