I have recently encountered a major issue with using this indicator: it seems to default to a breakeven price based on balance calculation, but often we need to calculate real-time breakeven prices based on Equity.
Suggest adding an option in the parameter settings:
Calculation benchmark: balance or Equity.
Suggest adding an option in the parameter settings:
Calculation benchmark: balance or Equity.
Not sure what you mean. Breakeven price is based on the current positions' profit and loss, not on the balance or equity.
Is there a development plan for the explosion line indicator mentioned last time? I am looking forward to your new indicators, thank you.
Suggest adding a feature to the breakeven line indicator that displays the level of account net worth。
The indicator that displays the level of account net worth in the chart can be dragged along the horizontal line and real-time display the account net worth when the price reaches the set level in the future.The significance of this indicator is that traders can have a clear understanding of their account funds when the price reaches the set price level, which facilitates effective fund management
It seems you got confused with Account exposure vs Breakeven line.
It is good. Only upgrade needed with option Open position, Open position including pending..
Again you got confused with account exposure....
PS: The BE line goes ups and downs little points..
View attachment BE Line.webm
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Hi @Enivid . The BE line is not including the commission because the commission Ticket is different from the position ticket (Kindly check below screenshots., Deals, Orders & Deals ).. I think it need different calculation to include the commission.
Running position on trade tab..
Running position on history tab - Deals (right click on history select the Deals)
Running positions on history tab - Orders & Deals (right click on history, select the Orders & Deals)
Closed position on history tab - Deals
Closed position on history tab - Orders & Deals
BR
Running position on trade tab..
Running position on history tab - Deals (right click on history select the Deals)
Running positions on history tab - Orders & Deals (right click on history, select the Orders & Deals)
Closed position on history tab - Deals
Closed position on history tab - Orders & Deals
BR
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To calculate exact commission there is two way..
1st method is get from the History Order IN (If suppose the commissions calculated after the order close, I don't know how it will get right commission, we also need commission method one way or two way)
The second method.. Get the commission information from the Symbol Specification (We also need to get the commission type one way or two way),
Then multiplying with the position size will give the position size commission...
Some brokers charging commission in % too.. ..
1st method is get from the History Order IN (If suppose the commissions calculated after the order close, I don't know how it will get right commission, we also need commission method one way or two way)
The second method.. Get the commission information from the Symbol Specification (We also need to get the commission type one way or two way),
Then multiplying with the position size will give the position size commission...
Some brokers charging commission in % too.. ..
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I altered the MQL5 Code to Calculate with Commission + SWAP
But I don't know how it will calculate when the Commission+ SWAP comes to positive..
But I don't know how it will calculate when the Commission+ SWAP comes to positive..
I understood that It's very difficult to add the Pending Orders include the Open Positions as the commission and swaps calculation need to be calculated. So,.. BreakEven for open position is only fine...
I'm logical thinker. I can just modify simple things in some codes. I'm not that much well coder who know the exact syntax for the specific needs.
BR
Hello,
First of all, thank you for providing so many freeware tools, especially for MT4, which I use frequently. While experimenting with Breakeven Line Indicator, I tried clicking on the BE line, hoping to move it. As expected, it did not move since it wasn’t designed for that functionality.
I was wondering if it would be possible for you to develop another indicator that allows users to click and adjust the line up or down, displaying the profit/loss for all open trades.
Thank you once again for creating such a wide range of utilities for MT4.
