Maybe someone would be interested to develop another useful tool for MT4 to kill some quarantine time? I am not a coder unfortunately so hoping to spark an interest of someone who could do it.
Here is a little helper that I am using - on every chart I am adding a note stating the value of one pip and the margin required to hold one lot. I am updating it every weekend manually; it does not change a lot but still changes somewhat.
There are indicators available to do this separately but again, if someone would find it to be useful and developed a little tool monitoring it in real time it would be very convenient for many traders, I would think. There are indicators available that do it but all existing indicators are very intrusive; I did not find anything that simple and not clattering the chart as my note.
I cannot imagine too many adjustments needed – probably changing the position, size and color on the chart is about all I can think of, maybe also a number of digits after the separator although it is not very important. It obviously should look at account base currency and leverage as the numbers are changing significantly depending on it.
I can keep doing it manually, it is not a big deal but if someone would develop an automatic gadget it would be awesome.
The example shown is for EURGBP with USD based account and leverage 1:500 updated after Friday close.
Here is a little helper that I am using - on every chart I am adding a note stating the value of one pip and the margin required to hold one lot. I am updating it every weekend manually; it does not change a lot but still changes somewhat.
There are indicators available to do this separately but again, if someone would find it to be useful and developed a little tool monitoring it in real time it would be very convenient for many traders, I would think. There are indicators available that do it but all existing indicators are very intrusive; I did not find anything that simple and not clattering the chart as my note.
I cannot imagine too many adjustments needed – probably changing the position, size and color on the chart is about all I can think of, maybe also a number of digits after the separator although it is not very important. It obviously should look at account base currency and leverage as the numbers are changing significantly depending on it.
I can keep doing it manually, it is not a big deal but if someone would develop an automatic gadget it would be awesome.
The example shown is for EURGBP with USD based account and leverage 1:500 updated after Friday close.
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