PipsLocker MT5

The indicator shows the trend direction, entry points, and the most suitable exit points for trades. It also displays statistics for all signals to improve trading analysis.

MT4 version of the indicator

Features

  • This indicator does not repaint.
  • It can be used to trade any asset: cryptocurrencies, stocks, metals, indices, commodities, and currencies.
  • Works on all timeframes.
  • Entry signals appear at the opening of a new candle.
  • Exit signals are approximate, as you can often close a trade with greater profit.
  • A detailed trade statistics panel is displayed in the top left corner, which can be collapsed.
  • Shows trend direction across timeframes from M1 to W1.
  • Lightweight code ensures it does not overload or slow down the terminal.
  • To avoid missing entry signals, you can receive notifications via Alert window and Push notifications.
  • Suitable for users of all levels, from beginners to experts.

Statistics Panel

  • Number of days from which signal history is taken.
  • Total number of signals for which statistics are provided.
  • Ratio of profitable to losing signals.
  • Percentage of profitable signals out of the total.
  • Average profit per signal.
  • Total profit across all signals.
  • Average loss per signal.
  • Total loss across all signals.
  • Last ping to the broker’s server.
  • Current spread.
  • Trend direction (UP/DOWN) across timeframes from M1 to W1.

Settings Parameters

  • Period: Indicator sensitivity.
  • Font size: Font size for the statistics panel.
  • Show line: Enable/disable displaying the trend line.
  • Show circles: Enable/disable displaying circles when the trend changes.
  • Show entry/exit: Enable/disable displaying entry and exit points from the market.
  • Show statistics: Enable/disable displaying the signal statistics panel in the top left corner of the chart.
  • Use alert notification: Enable/disable pop-up window with sound notification.
  • Use push notification: Enable/disable push notifications.

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