DCA Buddy

DCA Buddy is a utility indicator for MetaTrader 5 designed to calculate and display the break-even levels, profit targets, and recovery thresholds for open positions on the current chart.

The indicator supports both single-direction baskets (buys only or sells only) and hedged positions (simultaneous buy and sell trades). Calculations use the native MetaTrader 5 profit calculation engine to account for contract specifications, broker tick values, and optional trading fees (swaps and commissions).

Key Features

  • Net Break-Even Calculation: Computes the volume-weighted break-even level for net long, net short, or hedged baskets.
  • Target and Recovery Lines: Visualizes exact price levels corresponding to predefined monetary profit and loss targets.
  • Multi-Currency Handling: Dynamically adapts to accounts denominated in EUR, GBP, JPY, USD, and cross pairs using live exchange rates.
  • On-Chart Information Panel: Displays current net volume, net basket direction, break-even price, target prices, and accumulated fees.
  • Break-Even Crossover Alerts: Provides popup and sound notifications when market price crosses the break-even line.
  • Position Filtering: Filter basket calculations by Magic Number or minimum net volume threshold.

Input Parameters

Target & Recovery Settings:

  • Target Profit (Account Currency): Desired profit in your account currency to calculate and draw the target line.
  • Acceptable Loss (Account Currency): Maximum acceptable loss in account currency to calculate and draw the recovery line.

Calculation Rules:

  • Calculation Mode: Select whether to calculate levels for Combined (Net Basket), Buys Only, or Sells Only.
  • Include Swaps & Commissions: When true, includes accumulated swaps and commissions into break-even and target calculations.
  • Treat positive swap as 0: Conservative calculation mode that excludes positive overnight swaps from lowering the required price target.
  • Magic Number: Position filter (0 monitors all trades on the symbol; set a specific number to monitor only specific EA trades).
  • Min Net Volume: Minimum net volume difference required before displaying hedged break-even lines.

Alert Settings:

  • Alert on Break-Even Crossover: Enables terminal audio and popup alerts when the market crosses the break-even price.

Visual & Display Settings:

  • Line Visuals: Customize line colors, styles (solid, dash, dot), and widths for Break-Even, Target Profit, and Recovery lines.
  • Panel Corner: Position the information box in Top-Left, Top-Right, Bottom-Left, or Bottom-Right.
  • Font Size & Text Color: Adjust visual appearance of the on-chart metrics.

How to Use

  1. Attach DCA Buddy to any chart in MetaTrader 5.
  2. Specify your preferred target profit and recovery values in account currency.
  3. When trades are opened on the symbol, the indicator automatically plots the break-even line and target lines on the chart alongside the metrics panel.
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Overview Sessions Duck is a highly optimised, resource-efficient MetaTrader 5 indicator designed to automatically visualise the core global trading sessions (Asian, London, and New York) and display live, synchronised timezone data directly on your chart. Built specifically for performance, zero lag, and clean chart aesthetics, Sessions Duck provides day traders, scalpers, and session breakout traders with immediate market liquidity context without compromising terminal responsiveness—even when
FREE
[ Overview ] Protect your capital. Simplify your trading. In fast-moving markets, calculating the correct lot size manually is slow, stressful, and prone to error. A miscalculation can mean risking far more than you intended. The Mini Risk Calculator is an on-chart utility designed for speed, precision, and visual clarity. Forget external websites or clunky calculators. Simply drag visual lines on your chart to define your Entry, Stop Loss, and Take Profit levels, and the dashboard instantly tel
FREE
AutoTarget Guardian is a trade management utility for MetaTrader 5 that automatically sets Take Profit and Stop Loss levels for newly opened positions. Instead of calculating point distances manually or dragging order lines on the chart, the utility can set target levels based on a specified monetary amount in the account deposit currency, or by fixed points. The target levels are calculated and applied immediately when a position opens. Key Features The utility monitors positions and applies ri
FREE
This is a simple risk/reward setter. You enter your TP and SL in the currency amount and it sets it for you, you set your targets in money (not in pips), it helps beginners who are still learning about risk/reward ratios to set their risk/reward based on their capital or amount of money. For example, if you want to risk $3 to make $10, you just fill it in and it sets your order targets accordingly. You can set the TP and SL per chart or all opened charts only. Please make sure your targets are r
FREE
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