PL Percentage Indicator

4

Description

The Profit and Loss Indicator by Creative Tech Solutions is a robust and comprehensive tool designed to help traders monitor their trading performance in real-time. This indicator provides detailed metrics on profits and drawdowns, ensuring traders are always informed about their trading activities and performance. With customisable alerts and display settings, this indicator is an essential tool for any serious trader.

Features

  • Real-Time Metrics: Monitor profit and drawdown percentages in real-time.
  • Comprehensive Logging: Detailed logging of trading metrics to a CSV file.
  • Customisable Alerts: Visual and sound alerts for critical profit and drawdown thresholds.
  • Flexible Display Options: Customisable display settings for optimal on-chart visualisation.

Usage Instructions

  1. Configure Input Parameters:

    • Once attached to a chart, the input parameter window will appear.
    • Adjust the settings as needed (see the explanation of input parameters below).

  2. Monitor the Display:

    • The indicator will display profit and drawdown percentages directly on the chart.
    • Alerts and thresholds can be configured to notify you of significant events.

  3. Check the CSV Log:

    • The indicator logs detailed metrics to a CSV file ( TradeMetrics.csv ) in the common files directory.
      (Known Issue - if the CSV file is open, new logging info cannot be written)

Explanation of Input Parameters

General Settings

  • Display Label: Customise the label text for profit and drawdown display.
  • Neutral Colour: Colour for neutral values (0.00%).
  • Drawdown Colour: Colour for negative drawdown values.
  • Profit Colour: Colour for positive profit values.
  • Font Size: Set the font size for the on-chart display.
  • Font Style: Choose the font style for the on-chart display.

Display Settings

  • Display Corner: Set the corner of the chart where the display will appear.
  • Distance from Edges: Set the distance from the chart edges for positioning the display.

Profit Threshold Settings

  • Enable Profit Threshold: Toggle profit threshold alerts on or off.
  • Profit Threshold: Set the percentage threshold for profit alerts.
  • Alert Profit Threshold: Set the percentage for triggering profit alerts.
  • Profit Threshold Colour: Colour for the profit threshold indication.
  • Profit Threshold Font Size: Font size for the profit threshold display.
  • Profit Threshold Font Style: Font style for the profit threshold display.

Drawdown Threshold Settings

  • Enable Drawdown Threshold: Toggle drawdown threshold alerts on or off.
  • Drawdown Threshold: Set the percentage threshold for drawdown alerts.
  • Alert Drawdown Threshold: Set the percentage for triggering drawdown alerts.
  • Drawdown Threshold Colour: Colour for the drawdown threshold indication.
  • Drawdown Threshold Font Size: Font size for the drawdown threshold display.
  • Drawdown Threshold Font Style: Font style for the drawdown threshold display.

Alert Settings

  • Enable Sound Alert: Toggle sound alerts on or off.
  • Enable Flash: Toggle flashing alerts on or off.
  • Flash Speed: Set the speed of the flashing alerts in milliseconds.

Examples of How It Can Be Used

  1. Real-Time Monitoring:

    • Attach the indicator to your active trading chart to monitor your trades' real-time profit and drawdown percentages. Customise alerts to notify you when significant thresholds are met.

  2. Post-Trade Analysis:

    • Use the CSV log file to review detailed metrics of your trading sessions. Analyse the max profit, max drawdown, and final profit percentages to evaluate your trading performance.

  3. Setting Alerts for Risk Management:

    • Configure profit and drawdown thresholds to receive alerts when your trades hit certain levels. This can help you manage risk and make informed decisions on whether to continue or exit trades.

  4. Customising Display for Optimal Visualisation:

    • Adjust the on-chart display settings to position the profit and drawdown metrics in the most convenient location on your chart. Customise the colours and font styles to match your chart theme for better readability.

Disclaimer:

The Live P&L Percentage Indicator v1.0 by Creative Tech Solutions is provided for informational and educational purposes only. It is not intended to be relied upon as financial advice or as a sole basis for making trading decisions. Trading in financial markets involves significant risk and may result in substantial losses. Past performance is not indicative of future results.

Creative Tech Solutions and its developers do not guarantee the accuracy, completeness, or reliability of the information provided by this indicator. The user assumes all risks associated with using the Live P&L Percentage Indicator v1.0, including but not limited to, risks associated with trading in volatile markets.

Before using this indicator, users should conduct their own research and seek advice from a qualified financial advisor if necessary. Creative Tech Solutions and its developers shall not be held liable for any direct, indirect, consequential, or incidental damages arising from the use or misuse of this indicator.

By using the Live P&L Percentage Indicator v1.0, you acknowledge and agree to this disclaimer. Use this indicator at your own risk.



Reviews 2
James Erasmus
3462
James Erasmus 2024.11.27 12:24 
 

Exceptional, however only percentage value, what about pip from entry. What if multiple orders. No support yet from developer about these issues. So cannot use indicator as perhaps trade size is intentionally lower or higher this would skew the indicators purpose.

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BlueDigitsFx Precision Order Flow MT5
Ziggy Janssen
5 (1)
Indicators
Official BlueDigitsFx Ecosystem Access Get infrastructure updates, workflow resources, product releases, and ecosystem access through the official BlueDigitsFx ecosystem. Telegram Ecosystem Website BlueDigitsFx Precision Order Flow MT5 — Complete Order Flow Analysis Suite for MetaTrader 5 Professional session-based market structure framework combining Value Areas, Point of Control, auction context and structured decision support for serious MT5 traders. Identify where value is located Monitor
Smart Price Action Concepts MT5
Issam Kassas
4.26 (19)
Indicators
This product was   updated   for the   2026 market   and   optimized   for the   latest MT5 builds . PRICE UPDATEe NOTICE: Smart Price Action Concepts   is currently available for $200. The price will   increase to $299   after the next   30 purchases. SPECIAL OFFER:  After purchasing , send me a private message to claim FREE Bonus + Gift. First of all Its worth emphasizing here that this Trading Tool is Non Repainting , Non Redrawing and Non Lagging Indicator , Which makes it ideal for profe
Axiom Matrix
Issam Kassas
5 (6)
Indicators
[User Manual] , [Online Course] , [PDF]  And [DEMO] Axiom Matrix is a professional multi-symbol, multi-timeframe market scanner and decision dashboard for MetaTrader 5. It scans your Market Watch, analyzes multiple timeframes, reads multiple evidence engines, compares the strongest opportunities, and shows you the best BUY, SELL, WAIT, or blocked condition inside one clean matrix dashboard. I built Axiom Matrix because I wanted one tool that could do the heavy scanning work for me. I did not w
Azimuth Pro
Ottaviano De Cicco
5 (7)
Indicators
Azimuth Pro V2: Synthetic Fractal Structure and Confirmed Entries for MT5 Overview Azimuth Pro is a multi-level swing structure indicator by Merkava Labs . Four nested swing layers, swing-anchored VWAP, ABC pattern detection, three-timeframe structural filtering, and closed-bar confirmed entries — one chart, one workflow from micro-swings to macro-cycles. This is not a blind signal product. It is a structure-first workflow for traders who care about location, context, and timing. ️ Summer Sale
Currency Strength Wizard MT5
Oleg Rodin
5 (1)
Indicators
Currency Strength Wizard   is a very powerful indicator that provides you with all-in-one solution for successful trading. The indicator calculates the power of this or that forex pair using the data of all currencies on multiple time frames. This data is represented in a form of easy to use currency index and currency power lines which you can use to see the power of this or that currency. All you need is attach the indicator to the chart you want to trade and the indicator will show you real s
Advanced Supply Demand MT5
Bernhard Schweigert
4.53 (15)
Indicators
Best Solution for any Newbie or Expert Trader! This indicator is a unique, high quality and affordable trading tool because we have incorporated a number of proprietary features and a new formula. With this update, you will be able to show double timeframe zones. You will not only be able to show a higher TF but to show both, the chart TF, PLUS the higher TF: SHOWING NESTED ZONES. All Supply Demand traders will love it. :) Important Information Revealed Maximize the potential of Advanced Supply
Crystal Heikin Ashi Signals
Muhammad Jawad Shabir
5 (4)
Indicators
Crystal Heikin Ashi Signals - Professional Trend & Signal Detection Indicator Advanced Heikin Ashi Visualization with Intelligent Signal System for Manual & Automated Trading Final Price: $149 ---------> Price goes up $10 after every 10 sales . Limited slots available — act fast . Overview Crystal Heikin Ashi Signals is a professional-grade MetaTrader 5 indicator that combines pure Heikin Ashi candle visualization with an advanced momentum-shift detection system. Designed for both manual traders
SR Liquidity MT5
Oleg Rodin
5 (2)
Indicators
SR Liquidity   is a trading indicator designed to reveal the hidden zones where market liquidity concentrates and price reacts most strongly. These special liquidity areas act as powerful support and resistance levels, giving you a clear map of where the market is most likely to reverse. Instead of drawing ordinary Support/Resistance lines, SR Liquidity analyzes real price behavior to detect the zones where buying and selling pressure accumulate. These are actually the pools of liquidity that dr
Power Candles MT5
Daniel Stein
4.73 (11)
Indicators
Power Candles V3 - Self-Optimizing Strength Indicator Power Candles V3 turns currency and instrument strength into an actionable trade plan on every chart it is attached to. Instead of just coloring candles, it runs a live auto-optimization in the background and hands you the best Stop Loss, Take Profit and signal threshold for the symbol in front of you. One click adopts it for live trading - entry, Stop Loss and Take Profit rays appear on the chart at the exact prices, and alerts fire with dir
Gold Stuff mt5
Vasiliy Strukov
4.88 (193)
Indicators
Gold Stuff mt5 is a trend indicator designed specifically for gold and can also be used on any financial instrument. The indicator does not redraw and does not lag. Recommended time frame H1. Contact me immediately after the purchase to get   personal bonus!  You can get a free copy of our Strong Support and Trend Scanner indicator, please pm. me! Settings  and manual   here  Please note that I do not sell my EA's or special sets on telegram, it is only available on Mql5 and my set files are on
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Price and Spread Indicator
Martin John Davidson
Indicators
Price and Spread Indicator Version: 1.0 Developer: Creative Tech Solutions   Website: https://www.creativetechsolutions.co.uk Overview The Price and Spread Indicator is a great tool for MetaTrader 5 that displays the Ask and Bid prices along with the spread directly on the chart. This indicator provides real-time updates and allows traders to make informed decisions based on accurate price information. Features - Real-time Price Updates: Continuously updates Ask and Bid prices. - Spread Disp
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James Erasmus
3462
James Erasmus 2024.11.27 12:24 
 

Exceptional, however only percentage value, what about pip from entry. What if multiple orders. No support yet from developer about these issues. So cannot use indicator as perhaps trade size is intentionally lower or higher this would skew the indicators purpose.

FanfanLaTulipe
121
FanfanLaTulipe 2024.11.21 11:01 
 

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