Margin level 100
- Indicatori
- Sergei Ivanov
- Versione: 1.2
Welcome.
This tool is designed to help traders monitor the critical price level at which the account's margin level reaches 100%, providing valuable insights for risk management in trading.
Advisor Description
The "Margin Level 100%" indicator is a custom technical indicator for MetaTrader, designed to calculate and display the critical price level for a specific symbol where the account's equity equals its margin, resulting in a margin level of 100%. This level is crucial as it indicates the point where further adverse price movements may trigger a margin call or stop-out, depending on the broker's policies.
Key Features:
- Real-Time Calculation: The indicator continuously calculates the critical price based on open positions, account balance, margin, and leverage.
- Visual Representation: Displays a dashed red line on the chart at the critical price level, making it easy to visualize potential risk points.
- Adaptive Algorithm: Uses a binary search algorithm to efficiently determine the critical price, adjusting dynamically to the dominant position type (buy or sell).
- Robust Error Handling: Accounts for edge cases such as zero balance, unavailable prices, or closed markets, ensuring reliable performance.
- Periodic Updates: Refreshes every 10 seconds via a timer to reflect changes in market conditions or account status.
How It Works:
- The indicator retrieves account details (balance, margin, leverage) and open position data for the current symbol.
- It calculates the total volume and average prices for buy and sell positions.
- Using a binary search, it determines the critical price where equity equals margin, considering hedged and non-hedged volumes.
- The critical price is plotted as a horizontal line across the chart, updated in real-time or when new bars are formed.
- If no valid critical price can be calculated (e.g., no open positions or invalid data), the indicator displays no line.
Usage Notes:
- The indicator is most effective for traders with open positions, as it relies on position data to compute the critical price.
- It is designed for the chart window and works on any timeframe or symbol supported by MetaTrader.
- Ensure the market is open and prices are available for accurate calculations, as the indicator checks for market closure.
Technical Details:
- Indicator Type: DRAW_LINE (dashed red line).
- Buffer: Single buffer (MarginLevelBuffer) for storing the critical price.
- Timer: Updates every 10 seconds for real-time monitoring.
- Platform: MetaTrader (MQL5).
- Version: 1.02, copyrighted by Sergei Ivanov, 2025.
For feedback or inquiries, PARTNER PROGRAM, visit the developer's page: Facebook
This indicator is a powerful tool for traders looking to manage their margin risk effectively, offering clear visual cues to avoid critical account levels.
