Technical Indicators for MetaTrader 4

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MetaTrader 4

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Information

Utilities
MetaTrader 5
Javier Ortuno Rodriguez
1.4
5

Overview

This indicator clearly and efficiently displays the evolution of your total equity, as well as separate BUY and SELL curves. You can filter by magic number and date range, making it easy to compare different EAs or strategies over specific periods. Everything is shown in a single subwindow, giving you a dashboard-like view of your accumulated performance by asset and trade type.

Detailed Description

Magic Number Filtering

  • Strategy Selection: Enter the magic number of your robot (or leave it at 0 for all) and the indicator will load only the deals matching that filter.

  • Quick Comparison: Switch between different robots on the same chart to instantly see which one performs best without changing templates.

Date Range Filtering

  • Time Control: Set the start date ( Gb_StartDate ) to include only deals from that day onward.

  • Seasonal Analysis: Evaluate performance over months, quarters, or years to spot seasonal patterns or market effects.

Visualization in Subwindow

  • Clean Layout: The total equity, BUY curve, and SELL curve are drawn together in one separate window, keeping the main price chart uncluttered.

  • Optimized Drawing: Using PLOT_DRAW_BEGIN ensures only relevant portions of the buffers are plotted, speeding up redraws.

Key Advantages

  1. Global and Segmented View

    • Monitors your cumulative equity alongside separate BUY/SELL curves.

    • Identifies in which trade direction you’re gaining or losing the most.

  2. Analysis Efficiency

    • Compare multiple robots and historical periods without changing timeframes or templates.

    • On-chart labels display crucial metrics (profit factor, total trades, wins/losses) at a glance.

  3. Informed Decision‑Making

    • Quickly filter by robot or date to detect performance drifts and fine‑tune your EA parameters.

    • Validates new strategy versions before deploying them to a live account.

With this indicator, you get a powerful yet simple control panel to monitor and compare the performance of your MetaTrader 5 trading systems.


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