Indicator to plot account balance and equity
Prataprai Kaneria:
I wonder if there is an indicator for mql4 that will plot account balance and account equity in a separate window. I tried to code the indicator but
all I get is two straight lines.
Did you find a solution?, I'm having the same issue
Don't assume history is ordered by date, it's not. Could EA Really Live By Order_History Alone? (ubzen) - MQL4 forum
Once you get balances by time, you can draw your lines, from the current balance back.
As far as equity, you would have to compute the draw down per bar.Draw down = OrderLots * (|OrderOpenPrice -
OrderStopLoss at bar extreme| * DeltaPerLot) (Note OOP-OSL includes the SPREAD, and DeltaPerLot is
usually around $10/pip)
Could be done, but not very easily.
I wonder if there is an indicator for mql4 that will plot account balance and account equity in a separate window. I tried to code the indicator but
all I get is two straight lines.