Pips Counter Basic

5

PipsCounter Basic is an indicator for MetaTrader 5 that displays in real time the pip variation of open positions and provides a daily summary of closed trades.

All information is shown directly in the main chart window in a clear and unobtrusive format.

Features

  • Real-time pip tracking
    Continuously updates the pip difference for each active position on every market tick.

  • Daily pip total
    Shows the net pip value of all closed trades during the current trading day.

  • TP/SL price labels (New)
    Automatically displays the Take Profit and Stop Loss prices directly on their respective lines, with customizable colors, font, and positioning.

  • Visual customization
    Full control over panel placement (four chart corners), font, text size, and colors for gain/loss/neutral conditions.

  • Broad compatibility
    Works with all MetaTrader 5 instruments: currency pairs, indices, metals, commodities, and synthetic assets, regardless of tick size, decimal precision, or quotation format.

Use Cases

  • Visual monitoring of pip changes on active trades.

  • Manual analysis during visual backtesting.

  • Scenarios where pip-based metrics are preferred over profit/loss values in account currency.

Input Parameters

  • display_corner – chart corner for panel placement

  • font_name – font used for text display (default: Tahoma)

  • font_size – text size (default: 11)

  • color_gain – color for profitable trades

  • color_loss – color for losing trades

  • color_neutral – color for neutral/inactive values

  • label_x_offset – horizontal offset for TP/SL labels (default: 85)

  • label_y_offset – vertical offset for TP/SL labels (default: 20)

  • tp_label_color – Take Profit label color

  • sl_label_color – Stop Loss label color

Technical Requirements

  • MetaTrader 5 build 2450 or later

  • Compatible with all brokers (demo and live accounts)

  • No external DLL dependencies

  • No WebRequest usage

  • All calculations executed locally within the platform

👨‍💻 Developed by:
LM | Trading & Development – Let’s build better trades, together.


Reviews 1
Iwan Nawi
140
Iwan Nawi 2025.11.26 09:10 
 

thanks. good to help

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Trade Manager Basic – Breakeven and Trailing Utility EA for MetaTrader 4 Trade Manager Basic is a lightweight utility Expert Advisor for MetaTrader 4, specifically designed to manage existing trades without initiating new ones. It automatically: Moves Stop Loss to breakeven after reaching a defined profit level Activates a dynamic trailing stop once the specified threshold is reached Key Features: Operates on manually opened positions Configurable parameters for Breakeven and Trailing logic Com
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TrendCatcher FVG
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TrendCatcher FVG is an indicator for traders who follow Smart Money Concepts (SMC). It detects Fair Value Gaps (FVG, ICT three-candle pattern), plots the gap box and the Central Line (CE, 50%), and displays reference levels (Entry, Stop Loss, Take Profit 1 and Take Profit 2) directly on the chart. The tool is designed as a visual aid and does not place or manage orders. How It Works The indicator scans each bar and identifies bullish or bearish Fair Value Gaps using either wicks or bodies, depe
ECRO – Extreme Compression & Release Oscillator ECRO (Extreme Compression & Release Oscillator) is a technical analysis indicator designed to identify market compression, expansion, and transition states using a normalized close-based oscillator (0–100) . The indicator measures where the current closing price is positioned within a rolling price range and returns a value between 0 and 100 , making market conditions easy to interpret at a glance. ECRO is a descriptive tool , not a signal generat
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Iwan Nawi
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Iwan Nawi 2025.11.26 09:10 
 

thanks. good to help

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