Please make this Floating Drawdown indicator usable for intraday | Forex Factory

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Please make this Floating Drawdown indicator usable for intraday

  • #1
  • First Post: Edited 6:11am Nov 26, 2013 1:58am | Edited 6:11am
Attached File(s)
File Type: mq4 AccountEquityAnalyzer v1.1.mq4   18 KB | 2,072 downloads
Would someone please help me make one adjustment to this Account Equity Analyser indicator. The key feature I want to use is the max floating drawdown number at the top right corner of the chart (as displayed in attached chart).
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 50 KB


It is meant to show all-time max drawdown on the account equity. What I would like to do is to be able to reset it before I start trading everyday. I trade mainly intraday so I'm only interested in the max floating drawdown on all positions I have opened during the day. For example, I want to know what's the largest drawdown in % of total balance I have incurred today, maybe while I was away from the screen.

Thank you very much in advance for any help.
  • #2
  • Nov 26, 2013 3:00am Nov 26, 2013 3:00am
Unlikely that anybody will be able to help you if you don't post the Mq4 code.
Please Do Not PM Me With Coding Enquiries
  • #3
  • Nov 26, 2013 6:10am Nov 26, 2013 6:10am
Quoting Gumrai
Unlikely that anybody will be able to help you if you don't post the Mq4 code.

Thank you Gumrai! I guess I have to get used to this new posting format. I attached it but forgot to insert

Here's the Mq4:

Attached File(s)
File Type: mq4 AccountEquityAnalyzer v1.1.mq4   18 KB | 1,792 downloads
  • #4
  • Nov 26, 2013 9:30pm Nov 26, 2013 9:30pm
I'm wondering if deleting history in the platform at beginning of each day will help the indicator to "reset" the drawdown number back to begin at zero.

Would someone please tell me which history I need to delete for this to work?

Thank you so much!
  • #5
  • Nov 28, 2013 5:26am Nov 28, 2013 5:26am
Someone please help me with this?
  • #6
  • Nov 28, 2013 7:08am Nov 28, 2013 7:08am
Quoting SMTrader
Someone please help me with this?
I don't know if this indicator is useful to you or not. It will show max and min profit/loss for the day as well as current. It is not % but profit in your account currency. Note that max and min will reset if you change timeframes.
If it is not useful to you, then never mind, please do not ask me to make changes. If you want changes, then maybe somebody else will be able to help you.
I coded this indicator a while back , so it may not be perfect.
Attached File(s)
File Type: mq4 Todays PL.mq4   3 KB | 1,545 downloads
Please Do Not PM Me With Coding Enquiries
  • #7
  • Dec 10, 2013 8:50am Dec 10, 2013 8:50am
Quoting Gumrai
{quote} I don't know if this indicator is useful to you or not. It will show max and min profit/loss for the day as well as current. It is not % but profit in your account currency. Note that max and min will reset if you change timeframes. If it is not useful to you, then never mind, please do not ask me to make changes. If you want changes, then maybe somebody else will be able to help you. I coded this indicator a while back , so it may not be perfect. {file}
Oh man, how did this happen? I posted a reply to your last post on the same day, and have been waiting for a response all this time. Today decided to check back in this thread and ta da... my last post is not here!

Ok, let's try again. Thank you Gumrai for sharing the indicator. Much appreciated. But for some reason, when I use it, the displayed max P/L don't seem to reflect the true numbers. For example I get maximum loss that's less than the current price drawdown displayed in the actual orders terminal. Am I doing something wrong? I just attach the indicator to a clean chart of the currency pair I'm trading. And I only trade one pair at a time.

Thank you, if you have time to answer.
  • #8
  • Dec 12, 2013 3:04pm Dec 12, 2013 3:04pm
Quoting SMTrader
{quote} Oh man, how did this happen? I posted a reply to your last post on the same day, and have been waiting for a response all this time. Today decided to check back in this thread and ta da... my last post is not here! Ok, let's try again. Thank you Gumrai for sharing the indicator. Much appreciated. But for some reason, when I use it, the displayed max P/L don't seem to reflect the true numbers. For example I get maximum loss that's less than the current price drawdown displayed in the actual orders terminal. Am I doing something wrong?...
That will happen if you have already closed some profitable trades.

Also the indi doesn't reset the highest and lowest profit totals when a new day starts.
This one does.
Attached File(s)
File Type: mq4 Todays PL1.mq4   4 KB | 1,685 downloads
Please Do Not PM Me With Coding Enquiries
  • #9
  • Dec 15, 2013 4:23pm Dec 15, 2013 4:23pm
Thank you Gumrai. You're always very helpful to me. If you're still in Thailand, I hope you're doing ok with all the political unrest that's going on in the country. Hoping for a positive outcome soon. Best wishes to you.
  • #10
  • Jun 6, 2018 3:09am Jun 6, 2018 3:09am
Quoting Gumrai
{quote} That will happen if you have already closed some profitable trades. Also the indi doesn't reset the highest and lowest profit totals when a new day starts. This one does. {file}
Dear Gumrai,

Is it possible for this Indicator also displaying today's highest loss? (for analyzing highest drawdown of the day per pair)

Thanks in advanced

Mvn
  • #11
  • Last Post: Nov 29, 2020 8:44am Nov 29, 2020 8:44am
Quoting mav3n
{quote} Dear Gumrai, Is it possible for this Indicator also displaying today's highest loss? (for analyzing highest drawdown of the day per pair) Thanks in advanced Mvn
I'm looking for the same indicator too..for backtest .

For real chart you can use trading information indicator which is available and downloadable from MQL5 marketplace..but it doesn't works in strategy tester
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