Scripts showing % profit/loss?

hi guys, do you know of any script that writes, onto the chart of metatrader, the percent profit(or loss) from the entry(buy or sell) price?

say i bought at 52.55 and the price had gone up to 78.34, then the script should write on the chart the 49.08% profit from the time i bought it.

thanks for any info.

any ideas guys? thanks

are you sure you know what you're asking for? That does not make any sense to me... why would you want to calculate the percentage of price movement?

you should be concerned about how much it cost you to open the position and how much profit or loss that position is currently in.

for example for EURUSD. current price is 1.3260. and I buy 1 standard lot with a broker that offers 1:100 leverage.

that means it costs me $1000 to open the trade. price move up to 1.3270. That is 10 pips. each pip wins me $10.

If you're thinking in terms of price movement percentage... this is what you have

1.3260 = 13260 pips
10 pip movement = 10/13260 * 100 = 0.075% upwards movement in price

If you're thinking in terms of profit and loss,

$1000 to open
10 pips upwards gives me $100 profit
That means 10% profit

all the above summarize to this statement...

At the point when EURUSD is bought at 1.3260, every 0.075% movement in price will bring about 10% in profit/loss.

So? what is it that you want? honestly I don't think the 0.075% is in anyway useful since it changes everytime when you buy at different prices. What remains constant is how much it costs for you to open a position.


regards,
Zen

hi zen thanks for your reply. what i really wanted is to just see how much a price(in %) had gone up(or down) from the price where i bought(or sold) and that's it. i know that the % will change but i am not really bothered with those small gyrations/changes(e.g.0.075%) as i am not a short-term trader. i am more of a daily/weekly-chart guy. so i dont know if i explained it clearly here but hopefully i did.

thanks for any more advice.

hey toyotoyo..... got the mail......

we can't pm attachments so will post here...... indicator below would be a stripped down quickie.....

just set the entry price.... choose comments, display or both...... should be clear.....

this might suffice for single trades but for multiple trades usually something more indepth is needed..... along the line of a lot weighted average price.......h

WOW, Thanks very much Hayseed, you are so kind and helpful. That's exactly what I needed.

I wish you all the best.