Equity/Drawdown Monitor Panel - indicateur pour MetaTrader 5

Equity/Drawdown Monitor Panel

The idea behind it

Every chart shows you price. Almost none show you the number that actually decides whether you're still in the game: how far your equity has fallen from its own high-water mark. Balance alone hides it — balance only moves on closed trades, so it can look calm while floating losses on open positions are quietly doing real damage to equity. This panel tracks equity's own peak as it happens and reports the live drawdown from that peak as a plain percentage, so the number you actually need is sitting on the chart instead of buried in a terminal tab you have to go check.

It reads account data directly — there's no per-bar history to scan, since equity and balance are always just the current account snapshot. The only thing worth being efficient about is not redrawing the panel on ticks where nothing actually changed, which is exactly what it does.

How to interpret it

• Equity — your current account value including floating profit/loss on open positions.
• Balance — your account value from closed trades only, with no floating P/L included.
• Peak — the highest equity value tracked since the indicator was attached (or since the last daily reset, if enabled).
• Drawdown — how far current equity sits below that tracked peak, as a percentage.
• The panel text turns from silver to red once drawdown crosses your configured threshold — a visual flag that works whether or not you've also turned on the alert.
• With the alert enabled, crossing the threshold fires one Experts-log entry and terminal alert, then re-arms only after equity recovers back inside the re-arm band — so it won't fire again on every tick while you're sitting right at the edge.

External variables (inputs)

Recommended use

• Account-level by nature — the numbers are the same wherever you attach it, so one chart is enough; it doesn't need to run per-symbol.
• With InpResetPeakDaily off (the default), the tracked peak only ever resets when the indicator is removed and re-attached — that's deliberate, since a daily reset would understate your real drawdown from the account's actual high-water mark. Turn it on only if you specifically want a per-day reading.
• Places no orders and holds no position itself — pure read-only reporting, so it carries none of its own risk and works identically on any account type.
• The tracked peak starts from whatever equity is when the indicator is first attached, not your account's all-time high — if you want a true all-time drawdown figure, attach it as early as possible and avoid removing it.
• Works the same on a demo or live account; the number is only as meaningful as the account it's reading from.

Fig. 1. Equity/Drawdown Monitor Panel on a chart mid-drawdown (shown in black & white per Code Base image guidelines; the panel shows red on a live chart past the threshold).