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Popular modern equity indicators. Original author: Igor Kolypin .

The modernization was necessary because the original indicators did not always work properly on some instruments. For example, some brokers use stock symbols with the suffix, prefix. Some CFDs and futures are also considered incorrectly. This version uses new capabilities for contract valuation and can be used with any tool. It retains the original concept and ideology of the indicator.

In the default settings, the indicator displays two rows: the balance sheet row and the equity row. In addition, the level of used margin (as a histogram) and free equity (additional line) can be displayed throughout the trading history, making it possible to evaluate the aggressiveness of the trade. Trading statistics (can be displayed in any corner of the chart): returns for month, year or the entire trading period, maximum drawdown (absolute value and percentage), and calculation of profit and recovery factors.

Operating features:

When the indicator is first launched, the chart may become distorted. This means that the history of the symbol is not synchronized at that moment. In this case, it is necessary to switch the time frame "back and forth" several times, or to force a download of the history of all symbols by opening the corresponding chart. The new version of the indicator enables automatic chart updates when switching accounts.

In order for the indicator to function correctly, the trading history in the History Center must be completely downloaded.

Attachment download

📎 equity-monitor.mq4 (30.15 KB)

Source: MQL5 #13242