Equity Indicator
seerkat:
Hi, I am wondering if anyone knows of an indicator which tracks the account equity and maybe balance? I am thinking of incorporating such an indicator into an EA so that if equity reaches a certain proportion of equity at a defined earlier time, then all trades are closed (like a 'take profit' on total equity). It would also have a stop loss of equity function...
Hi, I am wondering if anyone knows of an indicator which tracks the account equity and maybe balance? I am thinking of incorporating such an indicator into an EA so that if equity reaches a certain proportion of equity at a defined earlier time, then all trades are closed (like a 'take profit' on total equity). It would also have a stop loss of equity function...
Did you test this indicator : https://www.mql5.com/en/forum/174385/page360
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PS: indicators can not handle orders. That means that indicator can not handle stop losses
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Hi,
I am wondering if anyone knows of an indicator which tracks the account equity and maybe balance? I am thinking of incorporating such an indicator into an EA so that if equity reaches a certain proportion of equity at a defined earlier time, then all trades are closed (like a 'take profit' on total equity). It would also have a stop loss of equity function...