Equity/Drawdown Monitor Panel
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.
| Input | Default | Purpose |
|---|---|---|
| InpResetPeakDaily | false | Reset the tracked equity peak at the start of each new trading day. When off, the peak is tracked continuously since the indicator was attached. |
| InpAlertOnDrawdown | false | Enable a one-shot alert when drawdown-from-peak crosses InpDrawdownAlertPercent. |
| InpDrawdownAlertPercent | 10.0 | Drawdown percentage, from peak equity, that counts as alert-worthy. Also used to flag the panel red regardless of whether alerts are on. |
| InpRearmPercent | 5.0 | Drawdown must recover back below this percentage before the same threshold can alert again. |
| InpCorner | CORNER_LEFT_UPPER | Chart corner the readout panel is anchored to. |
| InpCornerX | 20 | Panel X offset, in pixels, from the chosen corner. |
| InpCornerY | 20 | Panel Y offset, in pixels, from the chosen corner. |

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).
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