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Total TP SL and Timer Indicator MT5

The UzFx-Total TP'SL & Timer-MT5 indicator is designed to provide real-time tracking of total Take Profit (TP) and Stop Loss (SL) values across all open and pending trades. Additionally, it includes a candle countdown timer to indicate the remaining time for the current candle to close.

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Key Features:

✅ Automatically calculates the total expected profit and loss from all active trades and pending orders.
✅ Displays the remaining time for the current candle to close, helping traders manage entries and exits efficiently.
✅ Users can configure text colors, font size, and positioning for better visibility.
✅ Simple and lightweight design that does not clutter the chart.

User Inputs:

  • Choose colors for Take Profit and Stop Loss display.
  • Customize the candle timer text color.
  • Adjust font size and placement on the chart.

Use Case:

✔️ Ideal for traders who want a quick overview of their risk and reward levels without checking each order manually.
✔️ Suitable for scalpers and day traders who rely on candle closing times for precise trade execution.
✔️ Enhances risk management by keeping an eye on potential profit and loss levels at a glance.



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Version 2.0 2025.03.16
Additional Key Changes

Adding to Total TP When SL is in Profit:

When the stop loss is moved into profit territory (e.g., above the open price for a Buy position or below the open price for a Sell position), the value of the stop loss is subtracted from Total SL and added to Total TP .

Logic for Buy and Sell Positions:

For Buy positions, if the stop loss is above the open price, it is in profit territory.

For Sell positions, if the stop loss is below the open price, it is in profit territory.