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Breakeven Price Plus

30 USD

Demo downloaded: 92

Published: 7 April 2017

Current version: 3.0

Breakeven Price Plus

Indicators
Khalil Abokwaik
Khalil Abokwaik
Saudi Arabia

6838
4.7 (30)
- https://www.forexfactory.com/abokwaik
I am business software expert, started my trading journey in 2013. I was amazed by the automation capabilities Metatrader platform offers.

7 products 3 codes 2 topics 26 comments
Version: 3.0
Updated: 8 June 2018
Activations: 5

Break-even Price indicator Shows

Break even price tag for multiple positions on chart
Multiple Levels for custom Profit/Loss Percentages of Balance, and Amounts in Deposit Currency
Works for a specific Magic Number trades or all trades on chart
Calculation includes Spread, Commissions and Swaps

How to use

The basic use of the indicator is to calculate the "break-even price level" for multiple mixed positions for the same symbol and show it on the chart.
In addition to this, the indicator will show a number of additional price levels above and below the "break-even price level", those additional lines represent Profit/Loss amounts in account base currency and also as Profit/Loss percentage of current account balance.
The indicator is very useful for placing StopLoss and TakeProfit levels.
The indicator will not show anything if there are no positions opened for the current symbol.

Inputs

Magic Number: Enter Magic Number or leave it at default (-1) for all trades on chart
Show Profit/Loss Levels: Show/Hide level for Profit Amount and Percentage, very useful to set TP/SL
Level Amount (in Deposit Currency): Profit/Loss Amount at where to show level labels, If Amount set to 0, Percentage will be used
Level Percentage (of Account Balance): Profit/Loss Percentage at where to show level labels
Levels Count: the number of price levels to show on chart, can be 1 (default) or any number of levels (5, 7, 10... etc).
Price Color: Color of Break-even Price
Profit Color: Color of Profit Level Label
Loss Color: Color of Loss Level Label

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Breakeven Price Plus

Khalil Abokwaik

Break-even Price indicator Shows

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