DCA Buddy
- Utilities
- Version: 7.11
- Updated: 21 May 2026
- Activations: 5
DCA Buddy: Advanced Price Visualiser
Take control of your multi-position trading with DCA Buddy, an advanced indicator for MetaTrader 5. It provides a clear and accurate visualisation of the average break-even price for all your open trades on the current chart symbol. This powerful tool goes beyond simple averages, correctly handling both one-sided and complex hedged scenarios, and features a sophisticated alert system to notify you precisely when your net position achieves its goals.
Core Functionality & Key Features:
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1. Precision Break-Even Calculation:
- Calculates the weighted average break-even price for straightforward scenarios (all buys or all sells).
- Expertly computes the net break-even price for hedged positions, showing the exact level where your combined buy and sell trades for the symbol result in zero profit/loss.
- Fee Inclusion: Optionally includes Swaps and Commissions in the calculation for true net break-even accuracy using our high-precision solver.
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2. Target & Recovery Visualisation:
- Target Profit Line: Set a monetary goal (e.g., +100 units) and DCA Buddy will draw a line exactly where your basket hits that profit.
- Recovery/Loss Line: Set an acceptable loss level (e.g., -100 units) to visualize your exit or "recovery" point on the chart.
- Terminal-Native Solver: Uses the MT5 OrderCalcProfit engine to ensure the lines perfectly match your broker's profit calculations, even on non-USD accounts.
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3. Multi-Currency Optimization:
- Dynamic Tick Value Handling: Automatically adjusts for accounts in EUR, GBP, JPY, etc., by fetching live tick values.
- Zero Drift: Unlike simpler indicators, DCA Buddy accounts for fluctuating exchange rates on cross-currency pairs, keeping your lines stable and accurate.
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4. Comprehensive Information Label:
- Displays a detailed text label in your chosen chart corner, providing at-a-glance insights:
- The calculated Break-Even Price.
- Current Net Volume and Direction.
- Target and Recovery prices with their corresponding monetary values.
- Live Fee tracking (Swaps + Commissions).
- Smart Anchoring: The label intelligently adjusts its internal text anchor based on the selected chart corner, ensuring it remains fully visible.
- Customisable: Choose the label's corner, X/Y distance, text colour, and font size.
- Displays a detailed text label in your chosen chart corner, providing at-a-glance insights:
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5. Intelligent Alert System:
- Purposeful Notifications: Get alerted when the market price crosses the break-even line.
- Persistence: Alert status is remembered even if you change timeframes, reload the indicator, or restart MetaTrader 5.
- Automatic Reset: Alerts automatically reset if you open or close trades, adapting to your new break-even level.
Technical Specifications (v7.07):
- Engine: Terminal-Native OrderCalcProfit solver.
- Accuracy: Accurate to within 0.01 units of account currency.
- Compatibility: Supports Forex, Indices, Metals, and Crypto.
How to Use:
- Apply DCA Buddy to any chart in MetaTrader 5.
- The indicator automatically scans open market positions for that specific symbol and displays the lines and information label.
- Customize look, feel, and monetary targets through the indicator's input parameters.
Ideal For:
- DCA Traders: Anyone employing averaging strategies who needs awareness of their evolving exit points.
- Grid/Basket Traders: Manage complex multi-position setups with ease.
- Manual Hedgers: Visualize exactly where your hedged "lock" can be broken for profit.
