Equity Target Dashboard
- Utilities
- Version: 1.0
- Activations: 5
💎 Your all-in-one equity manager, profit protector, and trading informer.
🔥 Why Traders Love This Tool
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✅ Hands-free profit protection → Automatically closes all open trades when your profit target (after commission) is hit.
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🎯 Precision targets → Works with exact % vs Baseline (1%, 3%, 5%, 10% … or custom values).
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🛡 Protects against drawdown → Commission is ignored when below baseline, applied only when equity > baseline.
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📊 Crystal-clear dashboard → See Equity, Balance, P/L, % vs Balance, % vs Baseline, and % After-Commission.
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⚡ Smart auto-decision logic → Miss the popup? EA decides for you, with drift tolerance (avoid bad closes, lock good ones).
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🖥 Clean panels with colors → Neat panels you can place in any corner, with background + adjustable fonts.
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🔧 Fully customizable → All parameters adjustable (colors, offsets, spacing, targets, commission %, popup timeout, etc.).
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💡 Single-file solution → Unlike others, this dashboard includes both the informer + auto-close logic — no need for a second EA.
🧩 Feature Breakdown
🟢 Equity Display
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Shows big Equity number in the chart center or at custom XY coordinates.
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Dynamic color changes:
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Green if Equity > Balance
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Yellow if Equity < Balance
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Neutral color if equal
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🟣 Right-Side Stats Panel
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📊 P/L row – Live floating profit/loss (with or without swap/commission).
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📉 Equity % vs Balance – Quick health check of your account.
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🎯 Equity % vs Baseline – Compares current equity to your chosen baseline (e.g., 220).
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💵 Equity % vs Baseline After-Commission – Uses your commission % for real-world accuracy.
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⚙️ Optional rows: Leverage & Symbol Bid/Ask.
🟡 Target Panel (1%, 3%, 5%, 10% …)
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Displays percentage levels (customizable).
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Shows corresponding equity in USD (with $ sign).
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Starts in default color (e.g., grey) → turns green when reached.
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Your selected Main Target changes to cyan for quick visibility.
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Works after commission → so targets are realistic.
🔴 Trade Closure Logic
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Enable_TradeClosure – Master switch to allow/disable closure.
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AskBeforeClose – Show popup: “Close ALL positions?”.
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AskTimeoutSec – Seconds to wait for answer.
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DriftTolerancePct – Auto-decision band:
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Profit drift ↑ → auto-close ✅
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Loss drift ↓ → skip ❌
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Small drift → close ✅
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AutoCloseWithoutAsk – Instantly close when target hit, no popup.
🟠 Commission-Aware Calculations
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📉 Below Baseline → Commission ignored.
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📈 Above Baseline → Commission applied before target check.
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Ensures real profit is locked.
🔵 Panels & Graphics
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📐 Adjustable to any corner (TL/TR/BL/BR).
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🎨 Customizable background, border, font colors.
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🔠 Font size, line spacing, and padding parameters.
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⚡ Lightweight code — no chart lag.
🛠 Setup Guide
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📌 Attach the utility to any chart (any symbol).
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⚙️ In Inputs, set:
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Equity_Base_Value → your baseline (e.g., account balance start).
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CommissionPercent → avg. commission/fees.
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TargetPercent → main profit % goal (after commission).
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Enable_TradeClosure → true if you want positions closed, false for informer only.
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AskBeforeClose → true for popup, false for automatic.
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AskTimeoutSec → e.g., 60 seconds.
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DriftTolerancePct → e.g., 1.0 (protects from whipsaws).
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AutoCloseWithoutAsk → true for instant closure.
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🎨 Adjust panel positions, colors, and fonts to your liking.
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✅ Done! The dashboard tracks everything in real time.
💼 Best Use Cases
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🚀 Day traders → Lock in daily profit goals automatically.
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🛡 Swing traders → Protect equity against sudden drawdowns.
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🔄 EA users → Add an equity-level “guardian” over multiple strategies.
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📊 Manual traders → Monitor account health clearly while focusing on the chart.
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💰 Small accounts → Critical protection when every % counts.
📌 Categories on MQL5.com
This utility should be listed under:
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Risk management
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Order management
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Informers
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Panels
🌟 Why Equity Target Dashboard?
Because it’s not just an informer.
It’s not just an auto-closer.
It’s the fusion of both —
✅ A professional dashboard
✅ A smart auto-closure engine
✅ Fully customizable risk protection
💎 Control your equity. Protect your profits. Trade smarter.
