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Equity Indicator MT4

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723
c0d3 2010.06.02 02:22
 

i would like to program an indicator to plot the "Profit/Loss" values in MT4, on the current chart. If MT4 chart is set to 4H, every 4 hours, there will be a new sample of the "Profit/Loss" that will be plotted in the indicator.


Has anyone already programmed this?

 
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This article draws your attention to the brief review of the method and program code of the mechanical trading system based on the technique proposed by Stanislav Chuvashov. The market analysis considered in the article has something in common with Thomas DeMark's approach to drawing trend lines for the last closest time interval, fractals being the reference points in the construction of trend lines.
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2029
gordon 2010.06.02 03:58 #
 
c0d3:

i would like to program an indicator to plot the "Profit/Loss" values in MT4, on the current chart. If MT4 chart is set to 4H, every 4 hours, there will be a new sample of the "Profit/Loss" that will be plotted in the indicator.

Has anyone already programmed this?

You can check out 7bit's Equity Recorder here -> http://www.mql5.com/en/code/9343. It shouldn't be too hard to change it to Profit/Loss. Good Luck!
 
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723
c0d3 2010.06.02 04:46 #
 

That is exactly it!!!!!!


Thanks.

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723
c0d3 2010.06.02 09:13 #
 
gordon:
You can check out 7bit's Equity Recorder here -> http://www.mql5.com/en/code/9343. It shouldn't be too hard to change it to Profit/Loss. Good Luck!

This has got to be one of the most useful indicators for MT4. This indicator shows the real drawdown, which is priceless for EA system analysis, with this you can see how LOW you sink with your investment strategy.
 
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2029
gordon 2010.06.02 12:39 #
 
c0d3:

This has got to be one of the most useful indicators for MT4. This indicator shows the real drawdown, which is priceless for EA system analysis, with this you can see how LOW you sink with your investment strategy.
Glad u like it. You should thank 7bit though...
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