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Daily pip counter

  • Post #1
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  • First Post: Jun 9, 2010 4:35am Jun 9, 2010 4:35am
  •  kostas1
  • Joined Mar 2009 | Status: I know that I know nothing | 2,729 Posts
Hi all,
The following request may already exist but if not it shouldn't be too difficult to do:

I have a daily pip target that I am trying to achieve with my current trading plan. This plan calls for increasing lot size every so often. Trying to keep track of the pips achieved from the Account History focuses my attention on money and not on pips.
What I would like to have is a way to track ONLY pips per day. For example, I enter first trade of the day and the counter immediately starts tracking positive or negative pips. When the trade ends the counter stops counting. Next trade starts, the counter starts counting again by adding or subtracting pips from the previous trade (keeping track of Daily pip quota). The counter should reset the next day and should start counting from zero. The counter can be on the chart, unless somebody has a better way to do this.

Thanks for the attention,
Kostas.
  • Post #2
  • Quote
  • Jun 9, 2010 4:54am Jun 9, 2010 4:54am
  •  Intensity
  • | Joined Oct 2009 | Status: Member | 534 Posts
Well I could tell you how I do it on my autotrading plateform but I can't give a MT4 code. Do you know how to code and would my limited contribution be helpful ?
 
 
  • Post #3
  • Quote
  • Jun 9, 2010 5:43am Jun 9, 2010 5:43am
  •  kostas1
  • Joined Mar 2009 | Status: I know that I know nothing | 2,729 Posts
Quoting Intensity
Disliked
Well I could tell you how I do it on my autotrading plateform but I can't give a MT4 code. Do you know how to code and would my limited contribution be helpful ?
Ignored
Intensity,
I used to code on Basic and VB but have no clue about MT4. Thanks for the response. If you come across some other tool let me know.

Kostas
 
 
  • Post #4
  • Quote
  • Jun 9, 2010 6:30am Jun 9, 2010 6:30am
  •  jimsforex
  • | Joined Nov 2007 | Status: Eye On The Prize | 48 Posts
I think this is close to what you're looking for. I also like to think pips and not dollars.

It's a little quirky. It overwrites it's own data. I only have the .exe so it's not fixable. If you show it to a coder maybey he can use this as a model to whip up something proper for you.

If you come up with something better please PM me.

Now if I can just figure out how to attach an indie.

Jim
Attached File(s)
File Type: ex4 FXGuru_PipTracker.ex4   13 KB | 1,274 downloads
 
 
  • Post #5
  • Quote
  • Jun 9, 2010 6:52am Jun 9, 2010 6:52am
  •  kostas1
  • Joined Mar 2009 | Status: I know that I know nothing | 2,729 Posts
Quoting jimsforex
Disliked
I think this is close to what you're looking for. I also like to think pips and not dollars.

It's a little quirky. It overwrites it's own data. I only have the .exe so it's not fixable. If you show it to a coder maybey he can use this as a model to whip up something proper for you.

If you come up with something better please PM me.

Now if I can just figure out how to attach an indie.

Jim
Ignored
Jim,
This looks nice on a first test. I will use it for a couple of days and see how it goes.

Thanks a lot.
Kostas
 
 
  • Post #6
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  • Jun 9, 2010 6:59am Jun 9, 2010 6:59am
  •  fxtests
  • | Joined Jun 2010 | Status: Junior Member | 4 Posts
A simple indicator with code.
Attached File(s)
File Type: mq4 pipcounter.mq4   3 KB | 1,708 downloads
 
 
  • Post #7
  • Quote
  • Jun 9, 2010 7:34am Jun 9, 2010 7:34am
  •  hayseed
  • Joined Nov 2006 | Status: Member | 3,603 Posts | Online Now
hey kostas.... was in the middle of posting something and noticed fxtests just did.... so will hold up..... mine is a little different.....h

//----

hey fxtests.... nice one......h
to trade and code, keep both simple... no call to impress....h
 
 
  • Post #8
  • Quote
  • Jun 11, 2010 1:16am Jun 11, 2010 1:16am
  •  kostas1
  • Joined Mar 2009 | Status: I know that I know nothing | 2,729 Posts
Quoting fxtests
Disliked
A simple indicator with code.
Ignored
Simple and nice. Will give it a shot. Thanks
 
 
  • Post #9
  • Quote
  • Jun 11, 2010 1:16am Jun 11, 2010 1:16am
  •  kostas1
  • Joined Mar 2009 | Status: I know that I know nothing | 2,729 Posts
Quoting hayseed
Disliked
hey kostas.... was in the middle of posting something and noticed fxtests just did.... so will hold up..... mine is a little different.....h

//----

hey fxtests.... nice one......h
Ignored
Thanks Hay.
 
 
  • Post #10
  • Quote
  • Jun 11, 2010 4:57am Jun 11, 2010 4:57am
  •  fxtests
  • | Joined Jun 2010 | Status: Junior Member | 4 Posts
Thank you people for reviewing this simple indicator.
I just add also a field for previous day pips.
If you didn't achieve in a day your target may be you will recover next day.
Hope it helps.
Attached File(s)
File Type: mq4 pipcounter2.mq4   4 KB | 1,566 downloads
 
 
  • Post #11
  • Quote
  • Jun 11, 2010 8:08am Jun 11, 2010 8:08am
  •  kostas1
  • Joined Mar 2009 | Status: I know that I know nothing | 2,729 Posts
Quoting fxtests
Disliked
Thank you people for reviewing this simple indicator.
I just add also a field for previous day pips.
If you didn't achieve in a day your target may be you will recover next day.
Hope it helps.
Ignored
Fxtests,
Sounds good. One small request:
I assume that the counter counts pips based on the minimum lot size allowed. So for example, at some point I had an indication of 50 pips but my only trade was 25 pips (I used 0.2 lots). Since I will keep increasing lot size in the future it would be nice to add an input of "multiple". So if in the parameters I used multiples of "0.1" then the pip calculation would be 50. If multiple was "0.2" then pip calculation would be 25, etc.
Thanks in advance,
Kostas.
 
 
  • Post #12
  • Quote
  • Jun 16, 2010 4:42am Jun 16, 2010 4:42am
  •  kostas1
  • Joined Mar 2009 | Status: I know that I know nothing | 2,729 Posts
Quoting kostas1
Disliked
Fxtests,
Sounds good. One small request:
I assume that the counter counts pips based on the minimum lot size allowed. So for example, at some point I had an indication of 50 pips but my only trade was 25 pips (I used 0.2 lots). Since I will keep increasing lot size in the future it would be nice to add an input of "multiple". So if in the parameters I used multiples of "0.1" then the pip calculation would be 50. If multiple was "0.2" then pip calculation would be 25, etc.
Thanks in advance,
Kostas.
Ignored
Any luck with programming this?
Thanks,
Kostas
 
 
  • Post #13
  • Quote
  • Last Post: Apr 22, 2012 12:58am Apr 22, 2012 12:58am
  •  saussiche
  • | Joined Apr 2012 | Status: Member | 130 Posts
Quoting fxtests
Disliked
Thank you people for reviewing this simple indicator.
I just add also a field for previous day pips.
If you didn't achieve in a day your target may be you will recover next day.
Hope it helps.
Ignored
It doesn't go negative, I don't know if you meant it to be the abs value or not.

Does it count the current trade?
 
 
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