DCA Buddy

DCA Buddy: Advanced Price Visualiser

Take control of your multi-position trading with DCA Buddy, an advanced indicator for MetaTrader 5. It provides a clear and accurate visualisation of the average break-even price for all your open trades on the current chart symbol. This powerful tool goes beyond simple averages, correctly handling both one-sided and complex hedged scenarios, and features a sophisticated alert system to notify you precisely when your net position achieves its goals.

Core Functionality & Key Features:

  • 1. Precision Break-Even Calculation:

    • Calculates the weighted average break-even price for straightforward scenarios (all buys or all sells).
    • Expertly computes the net break-even price for hedged positions, showing the exact level where your combined buy and sell trades for the symbol result in zero profit/loss.
    • Fee Inclusion: Optionally includes Swaps and Commissions in the calculation for true net break-even accuracy using our high-precision solver.
  • 2. Target & Recovery Visualisation:

    • Target Profit Line: Set a monetary goal (e.g., +100 units) and DCA Buddy will draw a line exactly where your basket hits that profit.
    • Recovery/Loss Line: Set an acceptable loss level (e.g., -100 units) to visualize your exit or "recovery" point on the chart.
    • Terminal-Native Solver: Uses the MT5 OrderCalcProfit engine to ensure the lines perfectly match your broker's profit calculations, even on non-USD accounts.
  • 3. Multi-Currency Optimization:

    • Dynamic Tick Value Handling: Automatically adjusts for accounts in EUR, GBP, JPY, etc., by fetching live tick values.
    • Zero Drift: Unlike simpler indicators, DCA Buddy accounts for fluctuating exchange rates on cross-currency pairs, keeping your lines stable and accurate.
  • 4. Comprehensive Information Label:

    • Displays a detailed text label in your chosen chart corner, providing at-a-glance insights:
      • The calculated Break-Even Price.
      • Current Net Volume and Direction.
      • Target and Recovery prices with their corresponding monetary values.
      • Live Fee tracking (Swaps + Commissions).
    • Smart Anchoring: The label intelligently adjusts its internal text anchor based on the selected chart corner, ensuring it remains fully visible.
    • Customisable: Choose the label's corner, X/Y distance, text colour, and font size.
  • 5. Intelligent Alert System:

    • Purposeful Notifications: Get alerted when the market price crosses the break-even line.
    • Persistence: Alert status is remembered even if you change timeframes, reload the indicator, or restart MetaTrader 5.
    • Automatic Reset: Alerts automatically reset if you open or close trades, adapting to your new break-even level.

Technical Specifications (v7.07):

  • Engine: Terminal-Native OrderCalcProfit solver.
  • Accuracy: Accurate to within 0.01 units of account currency.
  • Compatibility: Supports Forex, Indices, Metals, and Crypto.

How to Use:

  1. Apply DCA Buddy to any chart in MetaTrader 5.
  2. The indicator automatically scans open market positions for that specific symbol and displays the lines and information label.
  3. Customize look, feel, and monetary targets through the indicator's input parameters.

Ideal For:

  • DCA Traders: Anyone employing averaging strategies who needs awareness of their evolving exit points.
  • Grid/Basket Traders: Manage complex multi-position setups with ease.
  • Manual Hedgers: Visualize exactly where your hedged "lock" can be broken for profit.
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Trade Indicator Assistant   is a powerful MT5 utility designed to turn indicators into automated trading systems. Its main feature is the ability to automatically detect an indicator’s   BUY and SELL signal buffers , without requiring you to know the buffer numbers, search through indicator settings, or modify the indicator source code. Bonus Indicator:   After purchasing Trade Indicator Assistant, contact me to receive   Trade Signal Pro   completely free as a bonus indicator. [Download Demo V
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Your EAs cannot see each other, but Anchor can. Anchor gives you one place to coordinate your EAs, manage risk, and decide when trading is allowed. It works alongside the trading bots you already use without any changes to them. The Problem One EA opens a trade. Then another starts trading. The next thing you know, you wake up to multiple grids built across your account. Each EA may be doing exactly what it was designed to do, but together they can place far more risk on your account than you in
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Strumento multifunzionale: Calcolatore di Lotto, Ordini Grid, Rapporto R/R, Gestore di Trade, Zone di Domanda e Offerta, Price Action e molto altro Versione Demo   |   Manuale Utente L'Assistente di Trading   non funziona nel tester di strategie : puoi scaricare la   Versione Demo QUI  per testare l' utilità . Contattami   per qualsiasi domanda  / idee di miglioramento / in caso di bug riscontrato Se hai bisogno di una versione MT4, è disponibile qui Semplifica, accelera e automatizza il tuo  
Altri dall’autore
Blame The Box
Karim Abdelwahab
Blame The Box is a lightweight, session range and breakout analysis indicator. It identifies custom intraday consolidation sessions, maps out dynamic breakout levels, and displays real-time position sizing directly on your chart. Key Features Automated Session Mapping: Automatically detects and frames intraday consolidation ranges (such as the Asian session) with a customisable background and border box. Dynamic Level Projections: Automatically plots Long/Short entry buffers, Stop Loss, Break
FREE
[ Overview ] Protect your capital. Simplify your trading. In fast-moving markets, calculating the correct lot size manually is slow, stressful, and prone to error. A miscalculation can mean risking far more than you intended. The Mini Risk Calculator is an on-chart utility designed for speed, precision, and visual clarity. Forget external websites or clunky calculators. Simply drag visual lines on your chart to define your Entry, Stop Loss, and Take Profit levels, and the dashboard instantly tel
FREE
Pyjama Chart
Karim Abdelwahab
Pyjama Chart  (beta) is a comprehensive technical analysis toolkit for MetaTrader 5, designed to automatically map key historical price structures and key zones on your chart. This professional utility automates the manual charting process for several advanced price-action concepts. It dynamically detects and renders structure points, trend continuation markers, supply/demand imbalances, volatility-based zones, and areas of potential liquidity, providing a complete structural blueprint of the ma
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Gym Bro Strategy is a technical indicator based on the classic Weekly Pivot Point system. It is designed to assist traders in identifying trend direction, potential entry zones, and risk management levels using a fitness-themed visualization interface. The name "Gym Bro" refers to the indicator's unique visual metaphor, which categorizes market trends into "Bulking" (Upward Momentum) or "Cutting" (Downward Momentum) phases. This thematic approach simplifies complex price action into clearly def
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Sessions Duck
Karim Abdelwahab
Sessions Duck is a highly optimised, resource-efficient MetaTrader 5 indicator designed to automatically visualise the core global trading sessions (Asia, London, New York) and display critical timezone data directly on your chart. Built with performance and stability as its primary objectives, this indicator provides day traders, scalpers, and swing traders with immediate context regarding market liquidity and volatility periods, without compromising terminal responsiveness. Engineered for Maxi
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This is a simple risk/reward setter. You enter your TP and SL in the currency amount and it sets it for you, you set your targets in money (not in pips), it helps beginners who are still learning about risk/reward ratios to set their risk/reward based on their capital or amount of money. For example, if you want to risk $3 to make $10, you just fill it in and it sets your order targets accordingly. You can set the TP and SL per chart or all opened charts only. Please make sure your targets are r
FREE
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