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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Seconds Chart is a unique tool for creating second-based charts in MetaTrader 5 . With Seconds Chart , you can construct charts with timeframes set in seconds, providing unparalleled flexibility and precision in analysis that is unavailable with standard minute or hourly charts. For example, the S15 timeframe indicates a chart with candles lasting 15 seconds. You can use any indicators and Expert Advisors that support custom symbols. Working with them is just as convenient as on standard charts.
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Iwan Nawi
140
Iwan Nawi 2025.11.26 09:10 

thanks. good to help

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