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Break Even Line for Multiple Order (Indicator) 37 replies

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Break even indicator for multiple positions

  • #21
  • Mar 21, 2016 11:14am Mar 21, 2016 11:14am
it does not work for hedge trading. can anyone help me to modify this indi as Break even hedge trading indicator?
  • #22
  • Mar 25, 2016 3:36am Mar 25, 2016 3:36am
may it will be easier to show the average price for Buy and Sell in hedge trading separately in two lines on the Chart
for example red for Sell and Green for Buy
  • #23
  • Feb 19, 2017 3:37am Feb 19, 2017 3:37am
hi, this is a great indicator - is someone able to modify it so it also shows a user-determined percentage loss of your open multiple positions - for instance, you have 4 EURUSD trades - currently this indicator shows the breakeven price as a horizontal line - can the indicator be changed to show a horizontal line for say for example minus 10% of equity, etc. thanks in advance.
  • #24
  • Jan 14, 2018 7:36pm Jan 14, 2018 7:36pm
Quoting mobthehop
Ronald, have a look at attached - just something I extracted from somebody's EA a while ago - it shows the combined PL of all open positions plus the average entry price, which is more or less equal to your BE price (it does not take into account spread and/or swap) Depending on your chart layout, you may have to play with the colours to suit your taste Cheers Mop {file}
Thank for sharing it is good indicator now it become my mainly use, anyway is there any indicator like this but have an option to calculate breakeven for Buy Only and Sell Only ? or can expert and someone can modify this indicator please help. it will be appreciated.
  • #25
  • Mar 29, 2019 8:41pm Mar 29, 2019 8:41pm
Quoting 1416ksr
{quote} Thank for sharing it is good indicator now it become my mainly use, anyway is there any indicator like this but have an option to calculate breakeven for Buy Only and Sell Only ? or can expert and someone can modify this indicator please help. it will be appreciated.

Late reply, almost a year late. But may be someone else may benefit with it.

Try this breakeven for buy & sell.
Attached File(s)
File Type: ex4 me_Breakeven_Line v2.4.ex4   15 KB | 1,374 downloads
  • #26
  • Mar 30, 2019 1:13am Mar 30, 2019 1:13am
Hi there.

I wrote this for myself a long long time ago. I since lost the code MQL code one day when migrating servers so can't share the source. But I think it will be useful for some.

If you have a hedge, it will also show breakevens for longs, shorts and combined. You can also specify a profit target in $$$ which will also be displayed. Also useful is the ability to specify the magic numbers to use profit calculations on. By default, it is set to -1 which means all magic numbers. Setting to 0 shows only manual trades.

There is one bug which happens when you restart an MT4 instance in that it will not appear due to a zero divide fault. Simply switch timeframes, or reset indicator for it to be displayed. I wish I still had the source code so I could fix this.
Attached File(s)
File Type: ex4 ProfitCalc.ex4   14 KB | 950 downloads
  • #27
  • Jun 5, 2019 5:59am Jun 5, 2019 5:59am
sorry,
I am looking for a trade manager that:
calculates average position for current chart
allow me to close all orders at a specific price
example:
buy eurusd 1 lot at 1.125
buy eurusd 1lot at 1.12
average price at 1.1225
input for close 2 lot at 1.1235
thank's in advance
  • #28
  • Jun 5, 2019 6:29am Jun 5, 2019 6:29am
Quoting carbonmimeti
sorry, I am looking for a trade manager that: calculates average position for current chart allow me to close all orders at a specific price example: buy eurusd 1 lot at 1.125 buy eurusd 1lot at 1.12 average price at 1.1225 input for close 2 lot at 1.1235 thank's in advance
See the above indicator me_Breakeven_Line v2.4.ex4
It should plot a breakeven line on a chart for all the opened position on that particular pair
  • #29
  • Jun 6, 2019 10:38pm Jun 6, 2019 10:38pm
thank you very much
and how do I close all order above average position with input? it is not take profit for all position as my previous post n°27 because average position is 1.1225 and 1 lot is at 1.125.
I need an ea trade manager that allow to write price to close all order
  • #30
  • Nov 18, 2019 6:40am Nov 18, 2019 6:40am
Quoting madjae
Hi there. I wrote this for myself a long long time ago. I since lost the code MQL code one day when migrating servers so can't share the source. But I think it will be useful for some. If you have a hedge, it will also show breakevens for longs, shorts and combined. You can also specify a profit target in $$$ which will also be displayed. Also useful is the ability to specify the magic numbers to use profit calculations on. By default, it is set to -1 which means all magic numbers. Setting to 0 shows only manual trades. There is one bug which happens...
Thanks!
  • #31
  • Nov 18, 2019 7:01am Nov 18, 2019 7:01am
This indicator shows average for single symbol.

https://www.forexfactory.com/showthr...7#post10090667
Practice makes a person perfect
  • #32
  • Aug 20, 2020 2:49am Aug 20, 2020 2:49am
Quoting madjae
Hi there. I wrote this for myself a long long time ago. I since lost the code MQL code one day when migrating servers so can't share the source. But I think it will be useful for some. If you have a hedge, it will also show breakevens for longs, shorts and combined. You can also specify a profit target in $$$ which will also be displayed. Also useful is the ability to specify the magic numbers to use profit calculations on. By default, it is set to -1 which means all magic numbers. Setting to 0 shows only manual trades. There is one bug which happens...

Hi, I find this ProfitCal indicator quite useful.

Can I ask for the .mq4 version? I would like to add more targets.

Thank you!
  • #33
  • Last Post: Mar 6, 2026 9:17am Mar 6, 2026 9:17am
Quoting archishard
{quote} Hi, I find this ProfitCal indicator quite useful. Can I ask for the .mq4 version? I would like to add more targets. Thank you!

boy you really do not read stuff do you lmao
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