Monday, September 27, 2021

Equity and Account Balance

This Metatrader 4 indicator draws the charts of equity and balance from the data using the account’s history. It uses the current opened positions for updating the charts in the real time mode. There is a possibility of drawing the charts of margin and free margin, but only by the current values in the monitoring mode.

You can draw the charts considering only the orders that meet the specified conditions. For example, if you specify the magic number and the necessary symbol the indicator will extract these exact orders from the history. In such a manner, you can estimate the working of several MTS on one account.

There is also a feature of not considering the initial balance for more demonstrativeness. The indicator is able to calculate the maximum drawdown by the equity and the recovery factor! Another great indicator for MT4.

The chart of the equity and balance of the account
The chart of the equity and balance for the orders that have magic number = 856
Metatrader Indicators was developed by Forex traders for traders. We wasted hours, probably years, looking for indicators, software and Forex broker reviews. is a hub for technical traders. It represents years of work, knowledge and experience. Enjoy and stay true to your passion.

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