Locked floating profit indicator | Forex Factory

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Locked floating profit indicator

  • #1
  • First Post: Mar 13, 2020 10:22am Mar 13, 2020 10:22am
Hey all,

I'm looking for an indicator (or ea if required) that would display all the open positions in a given pair and also indicate the running profit that has been "locked" in by stoploss. Does anyone know of one out there?

Thanks
  • #2
  • Mar 16, 2020 12:32pm Mar 16, 2020 12:32pm
hello,
to program it ,
1)What is your deposit currency
2)Running profit calculation is very different from forex to indices (or other instruments).Better you fix which one you want to check
3)If order is opened more than one day ,the swap must be take in account: the problem it changes many times !So which swap (average, the last one,...) to choose
if you answer these i can try to do it
  • #3
  • Mar 16, 2020 12:37pm Mar 16, 2020 12:37pm
Quoting paulselvan
hello, to program it , 1)What is your deposit currency 2)Running profit calculation is very different from forex to indices (or other instruments).Better you fix which one you want to check 3)If order is opened more than one day ,the swap must be take in account: the problem it changes many times !So which swap (average, the last one,...) to choose if you answer these i can try to do it
Thank-you for your response.
Currency is US dollar
I am interested in Forex only
I believe the trade terminal in MT4 keeps a running total on swap for each position, so I would say to just have it add those together

Thanks
  • #4
  • Mar 16, 2020 1:30pm Mar 16, 2020 1:30pm
Quoting spyderman
{quote} I am interested in Forex only
i'll limit for the major ones
Quote
I believe the trade terminal in MT4 keeps a running total on swap for each position, so I would say to just have it add those together Thanks
that's right it's sum of
  • #5
  • Mar 17, 2020 8:38am Mar 17, 2020 8:38am
I know you asked for locked in profit. It shows all opened trade pairs pips/Money/Percentage (thats i need to track my daily performance). Sharing it if you would like to do some modification as it's very near to what i ask for. Its INDICATOR
Attached File(s)
File Type: mq4 Summary.mq4   21 KB | 667 downloads
Be Greedy
Dices Return This Week: na
  • #6
  • Mar 17, 2020 8:55am Mar 17, 2020 8:55am
Quoting AKCodingEye
I know you asked for locked in profit. It shows all opened trade pairs pips/Money/Percentage (thats i need to track my daily performance). Sharing it if you would like to do some modification as it's very near to what i ask for. Its INDICATOR {file}

Thank you. I'll take a look
  • #7
  • Edited 3:54pm Mar 17, 2020 3:25pm | Edited 3:54pm
Here is EA theoretical ok
But
1)As the program converts in deposit currency, check if "Sum of SL P&L" in Experts tag is right or not for all majors.
2)Have to wait more than one day to know if swaps are ok

Attached File(s)
File Type: mq4 ff_runningPL_spyderman.mq4   3 KB | 610 downloads
  • #8
  • Mar 17, 2020 4:36pm Mar 17, 2020 4:36pm
Quoting paulselvan
Here is EA theoretical ok But 1)As the program converts in deposit currency, check if "Sum of SL P&L" in Experts tag is right or not for all majors. 2)Have to wait more than one day to know if swaps are ok {file}

So I placed EA on chart. Nothing happened or showed on chart but experts journal show things are computing. Not sure if there's supposed to be any output?

Thanks for your efforts
  • #9
  • Edited 3:11am Mar 18, 2020 2:58am | Edited 3:11am
Here is how simply outputs can be read :
1)Here is Trade tag where there are 2 usdcad sell trades.
Both have different lots.(0.03 and 1)
Both have also different SL.
Attached Image (click to enlarge)
Click to Enlarge Name: trades.png Size: 19 KB




2)Here is Experts tag
>You can see in Trade 0 the gap between openPrice(1.42288) and SL(1.42700) is -41.2 pips : it's your 'locked' SL.Remarks,which is also equal to -289.70$ P&L.

>And the "Sum of SL P&L" sums up Trade0 SL + Trade1 SL in dollars (that is what you call 'running profits')
Attached Image (click to enlarge)
Click to Enlarge Name: Experts_tag.png Size: 15 KB

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Of course this program graphics should be improved , but better wait first if you can see what you want
  • #10
  • Apr 15, 2020 8:45am Apr 15, 2020 8:45am
Thanks all for you help.

I found a nice indicator on MQL5 for a reasonable price that did what I wanted so opted for that route.

Appreciate the efforts.
  • #11
  • Last Post: Apr 15, 2020 10:38am Apr 15, 2020 10:38am
all the best
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