Breakeven Line Indicator - MetaTrader 4 Script | Forex Indicator Download - MT4/MT5 Resources
Breakeven Line Indicator is a MetaTrader indicator that calculates the breakeven level based on all open positions and displays it on the chart as a horizontal line. Additionally, it calculates the total number of trades, total lot size, and distance from the break-even line in points and profit and loss. This indicator is available for MT4 and MT5.
You can press Shift+B Keyboard shortcuts for hiding or showing the break-even line. The indicator supports multiple input parameters to configure calculation and appearance.
Attachment download
📎 breakevenline.mq4 (9.42 KB)
Source: MQL5 #55321
Breakeven Line Indicator - MetaTrader 4 Script | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
Breakeven Line Indicator - MetaTrader 4 Script | Foreign Exchange Indicator Download - MT4/MT5 resources are foreign exchange indicator related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based on titles or short-term profit descriptions.
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