Profit/Loss meter as percentage change of the account | Forex Factory

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Profit/Loss meter as percentage change of the account

  • #1
  • First Post: Edited Jan 8, 2021 1:27pm Nov 13, 2014 6:32am | Edited Jan 8, 2021 1:27pm
NOTE:

I no longer use this indicator and I'd recommend you not using it, either.

I'd advise not to close trades based on profit, but on analysis and pre-set (re-evaluated if necessary) targets.



Hello everyone,

I have been using "pipsometer_5_decimal.mq4" by Lukasz Tomaszkiewicz (credit where credit is due ) for some time now, but it displays profit/loss in pips. I slowly shifted to care less and less about pips and more and more about the percentage change of my account (besides, pips are not equal among instruments) and I decided to write my own version displaying gain/loss in % relative to current account balance... just to have my greed in check
I made it sum all opened positions for current symbol (including swap and commissions) and added showing the change for the current day and/or for all filtered positions in Account History tab for the current symbol.


Attached Image

Show_Open: show profit/loss for opened positions,

Show_Filtered: show profit/loss for closed positions filtered in "Account History" tab, e.g. "All History", "Last Month", "Last Week", "Today", etc.

Colour: font colour,

Open_Font_Size: font size for opened positions,

Daily_Font_Size: font size for closed positions in current day,

Filtered_Font_Size: font size for closed filtered positions in "Account History" tab,

Corner: which corner should the numbers be displayed in,

Open_X_Offset: X distance for all labels (from the above set corner),

Open_Y_Offset: Y distance for all labels (from the above set corner),



Attached Image

The example above shows "ShowOpen" and "ShowFiltered" set to "true". No opened positions, closed daily positions adding to +1.3% and closed "filtered" (Last Week) positions adding to +3.6%.

Upper number is the % gain/loss for opened position on the current symbol,

Middle number is the % gain/loss for closed positions in current day on the current symbol,

Lower number is the % gain/loss for closed positions filtered in "Account History" tab (e.g. "All History" or "Last Week", etc.) on the current symbol.


Hope it's useful and, as always, suggestions welcomed.

Attached File(s)
File Type: mq4 Profit-Loss Meter v2.mq4   9 KB | 3,093 downloads | Uploaded Jul 18, 2019 12:18am




Inserted Code
Changelog:
v2.0 - always shows daily change. fixed closed order filtering in "Account History" tab to not affect daily change. added "Show_Filtered" option. percentage changes include now swap and commissions. unified offset for all labels. tidied up the code and variables formatting.
v1.0 - initial release.
Attached File(s)
File Type: mq4 Profit-Loss Meter.mq4   3 KB | 1,852 downloads
  • #2
  • Nov 14, 2014 4:35am Nov 14, 2014 4:35am
hi timginter,
many thanks for the indicator... i find it very useful
would appreciate if you could put in WORD the meaning of those numbers in the front of them so it will be easy to understand.
again, thank you.
  • #3
  • Nov 18, 2014 12:38am Nov 18, 2014 12:38am
Quoting azizuae
hi timginter, many thanks for the indicator... i find it very useful would appreciate if you could put in WORD the meaning of those numbers in the front of them so it will be easy to understand. again, thank you.
Glad to hear that Not sure what you mean with "WORD meaning", though
  • #4
  • Dec 17, 2015 9:24am Dec 17, 2015 9:24am
Hey guys.. I cant seem to get this indicator to work ? Ive compiled it and it comes back with no errors.. Ive also tried just the EX4 file but no joy ?

I'm using build 920..

Any help would be appreciated..

Thanks

Ja..

Attached Image (click to enlarge)
Click to Enlarge Name: Snap 2015-12-17 at 17.18.39.png Size: 26 KB
Memories caught in time but never forgotten
  • #5
  • Dec 18, 2015 1:52pm Dec 18, 2015 1:52pm
Quoting j4d
Hey guys.. I cant seem to get this indicator to work ? Ive compiled it and it comes back with no errors.. Ive also tried just the EX4 file but no joy ? I'm using build 920.. Any help would be appreciated.. Thanks Ja.. {image}
Someone has been kind enough to fix this for me...
Memories caught in time but never forgotten
  • #6
  • Jan 12, 2016 9:51pm Jan 12, 2016 9:51pm
can someone change this to include swap and commission?
Believe your right, till proven wrong. Doubt is the greatest enemy.
  • #7
  • Sep 28, 2018 7:27am Sep 28, 2018 7:27am
thanks for the tool ! its very useful. Would it be hard to do the same but in $ and not in percentage ? That would be awesome !
  • #8
  • Jan 31, 2019 3:23am Jan 31, 2019 3:23am
Hi everyone,

Pardon the late reply.

Quoting j4d
{quote} Someone has been kind enough to fix this for me...
What was the problem? I can update my code.

Quoting saoldric
can someone change this to include swap and commission?
Good point. I'll have a look when I have a sec, not sure when exactly though.

Quoting stardust88
thanks for the tool ! its very useful. Would it be hard to do the same but in $ and not in percentage ? That would be awesome !
Thanks, glad you like it.
I'm not planning to change it to view money, though. The whole point was to look at the % change of the whole account when setting risk/reward for each instrument.
You can see the changes in your currency in the "Trade" window in MT4.
  • #9
  • Jan 31, 2019 11:16am Jan 31, 2019 11:16am
Quoting timginter
Hi everyone, Pardon the late reply. {quote}What was the problem? I can update my code. {quote}Good point. I'll have a look when I have a sec, not sure when exactly though. {quote}Thanks, glad you like it. I'm not planning to change it to view money, though. The whole point was to look at the % change of the whole account when setting risk/reward for each instrument. You can see the changes in your currency in the "Trade" window in MT4.
Hey Tim, thanks for the reply. I don't use this anymore though I appreciate your response..

all the best - Ja
Memories caught in time but never forgotten
  • #10
  • Jul 18, 2019 12:29am Jul 18, 2019 12:29am
Quoting saoldric
can someone change this to include swap and commission?
Added in the new v2.0 release, thanks for the suggestion
  • #11
  • Dec 21, 2019 11:13am Dec 21, 2019 11:13am
Hi there,

Thank you for making this indicator, and forgive my lack of technical knowledge! I have downloaded the files above in the main post, but they just open as text files. Could someone please let me know how to add them to MT4? I have added indicators before, but only as the actual program files. Any advice is much appreciated!
  • #12
  • Jan 8, 2021 1:23pm Jan 8, 2021 1:23pm
Quoting moonst
Hi there, Thank you for making this indicator, and forgive my lack of technical knowledge! I have downloaded the files above in the main post, but they just open as text files. Could someone please let me know how to add them to MT4? I have added indicators before, but only as the actual program files. Any advice is much appreciated!
Hi moonst, sry, didn't see your message earlier. It's an uncompiled indicator - you need to drop the file in the same location as you would other indicators, then open it in MQL editor and compile:

  1. In MT4, open MetaQuotes Language Editor (F4)
  2. In the Editor, right-click on the "Indicators" folder in the Navigator panel (should be on the left of the window, if not, press CTRL+D) and click "Open folder"
  3. Drop the indicator file in the opened folder
  4. Back in the Editor, open the indicator file you just dropped into the "Indicators" folder
  5. Click the "Compile" button (F7)
  6. Indicator will now show in the "Indicators" list in MetaTrader

  • #13
  • Last Post: Jan 28, 2021 4:02am Jan 28, 2021 4:02am
hi coud you please give me modify version that just show daily profit and loss in percent! in total accont balance not each symbol !!

like myfxbook
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