Equitypanel
- Utilities
- Version: 1.0
Equity Panel is a free MT5 indicator that gives you a fast and convenient live overview of your account directly from the chart. Monitor balance, equity, floating P/L, drawdown, daily performance, margin data, and warning levels in one compact dashboard. Built for traders who want better control, faster risk awareness, and clearer account monitoring in live market conditions.
Equity Panel is a lightweight and practical account monitoring indicator for MetaTrader 5 that helps you track account performance, drawdown, and risk conditions directly from the chart.
Instead of manually checking multiple account values in different terminal sections, this tool provides a clear on-chart panel with the most important account and risk metrics in one place. It is designed for traders who want better overview, more convenience, and faster awareness during live market conditions.
This indicator does not open or close trades.
Its purpose is to help you monitor your account, track drawdown, and stay aware of changing risk conditions more efficiently.
Key Features
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Live display of Balance, Equity, and Floating P/L
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Real-time Drawdown % and Drawdown Amount
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Maximum Drawdown tracking
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Peak Equity monitoring
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Visual drawdown bar
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Live Day P/L and Day P/L %
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Daily High / Low Equity tracking
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Margin Level and Free Margin display
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Open positions count and total lot size
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4 configurable drawdown warning levels
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Popup, sound, and push notification alerts
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Adjustable alert cooldown
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Optional daily reset of peak equity and drawdown tracking
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Customizable panel position and colors
How It Works
After attaching the indicator to a chart, it creates a compact monitoring panel directly on the screen.
You can instantly monitor the following data:
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Balance
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Equity
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Floating P/L
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Current Drawdown %
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Current Drawdown Amount
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Maximum Drawdown
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Peak Equity
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Day P/L
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Day High / Low Equity
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Margin Level
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Free Margin
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Open Positions Count
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Total Lot Size
This allows you to keep track of account condition, drawdown, and exposure without unnecessary manual checks.
Drawdown Warning Levels
The built-in warning system gives you more control over account risk.
You can define:
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Warning Level 1
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Warning Level 2
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Warning Level 3
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Warning Level 4 – Critical
When a new higher warning level is reached, the indicator can trigger an alert depending on your settings.
This helps traders react earlier when drawdown starts increasing.
Alert Functions
The indicator includes multiple alert options:
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Popup Alert
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Sound Alert
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Push Notification
An adjustable alert cooldown is also included to reduce repeated alerts in very short intervals.
This is useful for traders who want account risk warnings without constantly watching the screen.
Daily Tracking
The panel also tracks daily account development, including:
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Day P/L
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Day P/L %
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Day High Equity
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Day Low Equity
It also includes an optional daily reset for peak equity and maximum drawdown tracking.
This can be useful for traders who want to evaluate performance and risk day by day.
Flexible Panel Layout
The panel can be adjusted to your personal chart setup.
You can customize:
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Panel X Position
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Panel Y Position
This allows you to place the panel exactly where it fits best on your chart.
Color Customization
For better visibility and personal styling, the indicator includes color settings for the main panel elements.
You can customize the colors of:
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Safe status
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Warning Level 1
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Warning Level 2
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Warning Level 3
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Warning Level 4
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background
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profit values
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loss values
This helps integrate the panel into your own chart template and improves visual clarity.
Why Use Equity Panel
When markets move fast, it is easy to focus only on entries and exits while overlooking the overall account situation.
However, values such as equity, floating P/L, drawdown, margin level, and daily performance can change quickly and have a major impact on trading decisions.
Equity Panel puts the most important account and risk information directly on the chart, helping you stay aware of your live account condition with less effort.
It is especially useful for:
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manual traders
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scalpers
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day traders
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swing traders
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prop traders
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traders running multiple strategies
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traders who want a simple live risk dashboard
Important Notes
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Designed for MetaTrader 5
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Works as an indicator
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Displays information directly on the chart
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Does not open trades
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Does not close trades
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Provides monitoring and alerts only
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Push notifications require proper MT5 notification setup
Conclusion
Equity Panel is a simple but highly useful free MT5 indicator for traders who want better account overview, clearer drawdown monitoring, and more convenient live risk awareness directly from the chart.
If you want a clean and practical tool for monitoring your account condition in real time, Equity Panel is a smart addition to your MT5 setup.
Very useful good stuff Thank You