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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Iwan Nawi
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Iwan Nawi 2025.11.26 09:10 
 

thanks. good to help

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