Introduction

The Forex / Forex market is a highly profitable and high-risk means of making profit from transactions on exchange rates. The tools used in the Forex market largely determine the result of currency trading by Forex market participants who are clients of brokers. Every Forex Broker offers its own trading terminal, however, most Forex brokers and traders today agree on their choice of MetaTrader 4 and MetaTrader 5 terminals.

Trade discussion

Forex market forecasts, independent expert opinions foreign exchange market- you will find all this in . Forex experience is welcome, but entry and the right to participate in discussions are not prohibited for everyone, including novice traders. Exchange of opinions on currency movements, demonstration of one's own trading, keeping trader's diaries, development of Forex strategies, mutual assistance is the main goal of communication in the Forex trading forum.

Communication with brokers and traders (about brokers)

If you have a negative or positive experience with a Forex broker, share it in a forum dedicated to the quality of brokerage services. You can leave a review about your broker, talking about the advantages or disadvantages of trading through it. The totality of traders' reviews about brokers is a kind of rating of Forex brokers. In this rating, you can see the leaders and outsiders of the Forex trading services market.

Software for traders, trade automation

We invite traders involved in trading automation, creating Forex robots to the section where you can ask any question about trading platforms MetaTrader, publish your developments, or take ready-made recommendations for automating trading.

Free communication on the ForexMoney Forum

Do you want to relax? Or do you not yet have the necessary qualifications to communicate in the trading sections? Then a Forex forum for. Of course, communication on topics related to the Forex market is not prohibited. Here you will find jokes about traders, cartoons on economic topics and a full-fledged off-top.

Money for communication on the ForexMoney Forum

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Thank you for choosing our forum as a place of communication!

In many modern terminals, special modules have been added to analyze the dynamics of the balance and funds in the account. Unfortunately, the MT4 terminal is outdated in this regard, but the balance indicator can easily compensate for such shortcomings.

First of all, let's figure out why it is needed at all, because every trader himself knows very well what is happening on his account, and if it is necessary to evaluate historical data, you can always build a statement and export the data to Excel, and then study them in any available statistical way.

Of course, if only one trading account is considered, you can go in such a primitive way, but if you need to study the situation on several accounts, then you will have to spend a lot of time systematizing and analyzing information.

Why pay so much attention to the balance sheet? There are enough reasons, in fact, starting from the analysis of your own trading accounts on which robots trade, and ending with the study of the situation on the accounts of traders offering services for trust management(in this case, the investor gets access to the history of transactions using the investor's password).

Equity.mq4 is the best balance indicator to date

Finding a balance indicator today is not as easy as it might seem at first glance. The fact is that many algorithms that are in the public domain are either absolutely useless, or work with errors (the equity is not calculated correctly), or even stopped working after updating MT4 to 600 build.

The last problem did not bypass the “Equity” algorithm created on the MQL4 portal in 2007 (it was written by a user under the nickname “surgeon”), but the programmers quickly fixed the errors that appeared during compilation, and today it can be downloaded under the name “equity_v7_mod”. The expert looks like this:

The seventh version did not appear immediately, but about a year after the first developments. It took into account all the wishes of users and fixed some shortcomings (unfortunately, not all), so we do not recommend trying to revive earlier versions - you definitely won’t be able to find any hidden advantages in them.

Setting up the balance indicator

In the settings window, the first variable is called Only_Trade and is designed to display only trading results, i.e. if you enable the “true” value, the indicator will display on the chart the net result of trading for the selected period, and not the balance dynamics.

We recommend that you always enable this setting. If left false, not only will the result be skewed by withdrawals and deposits, but the entire trade history will also need to be downloaded, and many brokers are known to archive and compress this data. Plus, if you work only with the result chart, you can choose any period in the account history (last day, week, month, etc.).

The result of trading on the account looks good, but judging by the discrepancy between the balance and equity graphs, the work is being done without stops (which is not always a bad thing, because a lot still depends on the strategy). This is how you can easily evaluate the work style of a trader or advisor through an investment password in one action, without studying hundreds of transactions from the report.

If you enable the Only_Buys and Only_Sells variables, then the balance indicator will show the result from sales and purchases separately, but it should be borne in mind that two Expert Advisors will have to be installed on the main window, one for tracking long positions, and one for short positions. Let's go back to our test case:

Obviously, in this case, the strategy is universal, and, apparently, a trend one, since during periods of strong price growth, the total profit on long positions increases, and in a clear bearish trend, short positions bring profit - this is an undoubted advantage of the strategy.

Drawdown periods create confusion, in particular, for long positions, the loss increased just before the trend reversal, i.e. there is an attempt to catch a reversal. If such situations are not uncommon, then it is better for the trader to urgently demand an explanation of whether this is really part of the strategy, or the result of errors. We draw your attention to the fact that such nuances are imperceptible on a regular “state”, which creates fertile ground for manipulations when advertising projects.

Also, the balance indicator can display data on drawdown and profit factor, for this you need to set the value "true" opposite the Show_Info variable. One fact should be noted here - for the general history, the maximum drawdown is shown twice as much as the real value, and the profit factor is half as much.

I would like to attribute this deviation to a feature of the algorithm, they say, some special non-standard profitability estimate is applied, but since the drawdown must always be the same value, an error clearly crept into the code, especially when importing not the entire history, but only a certain period, the result calculation converges with the standard report from the terminal.

What other possibilities does the balance indicator have?

Above we have listed the most popular settings, but the functionality of equity_v7_mod is much wider. For users who prefer robot trading to manual speculation, the Only_Magics variable will be useful, with which you can set the magic number of orders that a particular adviser works with.

Checked – the balance indicator “pulls out” these orders from the general history, and ignores the rest when calculating equity. Thus, you can work with several Expert Advisors on one account, i.e. now it is not necessary for the purity of the experiment to allocate a separate account for each robot.

The same applies to the Only_Symbols variable, with which you can set the ticker of a trading instrument for analysis. If you enter, for example, EURUSD into the corresponding field, the indicator will show the result only for the EUR/USD pair. Please note that you must exactly copy the name of the instrument from the terminal, i.e. if there is a “#” sign before the ticker (#USDX, for example), it will also have to be indicated in the field.

The Only_Current setting performs a similar function, if you select “true” opposite its name, the volume indicator will display the total result for the total number of deals for the instrument on the chart of which it is set.

Let's repeat once again - using Only_Symbols, you can select any instrument for analysis (for example, put the indicator itself on the gold chart, while allowing data import only for EUR/USD), and the Only_Current variable works only with orders specific to the current chart. Which option to use is up to the trader to decide.

And the last “bonus” from the developers is a sound signal when a critical drawdown is reached. It is configured using the Alert_Drowdown variable, but here you should remember about the problem with displaying the true value of the drawdown, although if the Expert Advisor overestimates it in case of an error, then this will definitely not make it worse.

Concluding the review, let us recall one more feature of such indicators - after installing it on the working window, it is recommended to update the chart, for example, if the equity chart is built on H1, set the algorithm to the hourly one, then switch to any other timeframe and return H1 back. After this operation, the result will definitely be correct. A source:

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Platform: MetaTrader 4

Year: 2015

Manufacturer: ARGOlab

License type: Freeware / Donateware

Timeframe: any

ArgoGuardian is a free auxiliary advisor, the main purpose of which is to control open profit/drawdown on the account. Upon reaching the desired profit or the maximum allowable drawdown, the adviser closes all orders or sets a full lock (lock), deletes pending orders and stops, notifying the user with an e-mail message.

Optionally, after stopping, the adviser can release the autotrade button in the terminal so that other advisers can no longer open deals (mode AutotradeOFF=TRUE). Optionally, the EA can close all charts of the terminal except for its own, so that other EAs do not get under their feet and do not take it into their heads to open new orders while ArgoGuardian closes orders (mode CloseCharts=TRUE).

The EA can also send a warning to e-mail about a dangerous drawdown on the account (the drawdown value is set by the variables MaxDD_Email, MaxDDPerCent_Email, MaxDDEquity_Email).


An important feature of ArgoGuardian is the flexible setting of orders that it "herds", i.e. takes into account when calculating profit / drawdown and, accordingly, closes / locks. With default settings ( Symbols = All, Magic = -1), the EA takes into account all open orders on the account. If you set the mode Symbols = ThisSymbol, then the EA will take into account orders only for the currency pair, on the chart of which the EA is attached. If you set the mode Symbols = MaxDDSymbol, then the EA takes into account orders only for the symbol with the maximum drawdown. Additional filtering can be done using the Magic variable. If Magic >=0 is set, then the EA only considers orders with this magic. By combining these two filters, you can selectively monitor drawdowns for different instruments and for different Expert Advisors on the account.

It is possible to use two (or more) copies of ArgoGuardian with different settings on one account. For example, one copy of ArgoGuardian will track the maximum drawdown for one instrument (Symbols = MaxDDSymbol) and another copy will keep track of the maximum drawdown on the entire account (Symbols = All).

The advantage of the adviser is also the flexible setting of the desired take profit and stop loss (= maximum allowable drawdown). You can specify take profit and stop loss in units of the deposit currency ( TProfit, MaxDD). And you can - as a percentage of the deposit balance ( TProfitPerCent, MaxDDPerCent). Finally, you can explicitly enter the desired equity value at which profit/loss will be fixed ( TProfitEquity, MaxDDEquity).

Settings:

Chapter logic

Sets which symbols (currency pairs) and magics to take into account and how to fix profits/losses.

Symbols(All/ThisSymbol/MaxDDSymbol) – filter, orders for which symbols to take into account. If Symbols = All, we take into account all symbols; if Symbols = ThisSymbol, we take into account orders only for the symbol, on the chart of which the Expert Advisor is attached; if Symbols = MaxDDSymbol, we take into account orders only for the symbol with the maximum drawdown.

Magic– filter, orders with which magics to take into account. If< 0 (по умолчанию), учитываем все магики. Если >=0, then we take into account only orders with this magic.

UseLock(TRUE/FALSE) – if FALSE, then profit/loss is fixed by closing orders; if TRUE, then setting a lock (lock).

AutotradeOFF(TRUE/FALSE) – If TRUE, after fixing the profit/loss, the autotrade button in the terminal will be released.

CloseCharts(TRUE/FALSE) – If TRUE, all charts for active symbols, except for the current one, will be closed before taking profit/loss.

Chapter target profit

Sets the take profit, upon reaching which the profit will be fixed.

TProfit - take profit in units of the deposit currency, if 0 then disabled.

TProfitPerCent - take profit in % of the deposit, if 0 then disabled.

TProfitEquity – an explicit value of equity (equity), upon reaching which profit will be fixed, if 0 then disabled.

SendEmailOnTP (TRUE/FALSE) – send an email notification when a take profit is fixed.

Chapter stop Loss

Sets the stop loss value, upon reaching which the loss will be fixed.

MaxDD - maximum open drawdown in the deposit currency, if 0 then disabled.

MaxDDPerCent - maximum open drawdown in % of the deposit, if 0 then disabled.

MaxDDEquity – an explicit value of equity (equity), upon reaching which the loss will be fixed, if 0 it is disabled.

SendEmailOnSL (TRUE/FALSE) – send an email notification when a loss is recorded.

Chapter Email notification

Sets the value of the open drawdown, at which a warning message will be sent to the email.

MaxDD_Email – open drawdown value in the deposit currency, if 0 then disabled.

MaxDDPerCent_Email – open drawdown value in % of the deposit, if 0 then disabled.

MaxDDEquity_Email – Explicit value of funds (equity), if 0 then disabled.

For these options to work, .

From time to time, every forex trader needs a detailed study of their own trading results. Unfortunately, the standard functionality of MetaTrader4 only allows you to build a generalized statement, the information of which is not enough for an objective assessment of profits/losses, so programmers have created a special Equity indicator.

First of all, let's figure out how this indicator is superior to a regular report, the document of which can be saved in several formats:

1. It builds balance and equity charts in real time, i.e. information is updated automatically.
2. In an ordinary statement, the results are grouped immediately by the set of operations, i.e. the equity line represents the balance of all transactions, and the Equity indicator allows you to explore the dynamics of the account in the context of tickers, which significantly increases the information content of the report.
3. With this simple Expert Advisor, you can split trading results separately into buys and sells, which is impossible to achieve with the built-in MT4 functions.

The Equity v.7 indicator in Meta Trader 4 is installed in the standard way, like many others, and you can download it here:

Setting the Equity indicator

Despite the fact that this Expert Advisor is not designed to analyze the current market situation, it is set according to the standard scheme, i.e. is first copied to the appropriate directory of the terminal, after which it is attached to the price chart.

Here I would like to note that it is better to immediately attach the Equity algorithm to the asset, financial results which will be of the greatest interest, since in this case it will take less time to set up.

So the first function in the list of variables is called Only_Trade . If the value "false" is set here, the EA will display the dynamics of the balance "as is", i.e. in addition to the result of transactions, it will show all deposit replenishment and withdrawal facts.

The next variable "Only_Current" is intended for setting the Expert Advisor in such a way that it shows profit/loss strictly for the asset on the chart of which it is set.

Above, I have already focused on such nuances when I recommended attaching Equity v.7 to the asset with the most transactions.

If there is an urgent need to study the results of trading a certain asset in the window of another instrument (for example, the Equity indicator is set on the EURUSD pair, and we need to calculate the profits and losses received from oil transactions), you will need to perform the following actions:

• Opposite the Only_Current function, select "false"
• In the Only_Symbols field, manually enter the ticker of the instrument that we will analyze.

The following two functions (Only_Buys and Only_Sells ) allow you to evaluate profits and losses in terms of purchases and sales, in particular, the following combinations are possible here:

• If both variables are set to "false", the EA will draw a common Equity line;
• If Only_Buys = true and Only_Sells = false, the fixed result will be shown only for long positions;
• If Only_Buys = false and Only_Sells = true, the EA will display profits/losses from sales;
• If Only_Buys = true and Only_Sells = true, the indicator will work erroneously, so this situation should be avoided.

From the above example, you can see that the main income was received mainly from short positions (ie, along the trend in time with the price movement). Therefore, it is advisable to supplement the system with auxiliary tools, with the help of which the accuracy in assessing the trend will increase.

The following Show_Balance function is intended to enable/disable the balance line. For example, if the value "false" is set opposite this variable, the labeling of the Equity indicator will look like this.

As for the Show_Margin and Show_Free variables, they are buggy, so trying to adjust them is a waste of time. Initially, the mentioned variables were intended to display margin and free equity.

And the last switch function is called Show_Info . As you can already guess, it is used to display an information board, which collects information about the maximum and absolute drawdowns.

Besides, in Equity algorithm settings you can set the level of drawdown, after reaching which, the terminal will emit a sound signal.

This function is unnecessary for medium-term and long-term traders, since with such a style of work, the account changes smoothly and slowly (there is time to track the dynamics). For aggressive scalpers and algorithmic traders (trading with the help of robots), the mentioned variable can be useful.

Thus, the Equity indicator not only visually shows the results of trading, it also helps to identify the strengths and weaknesses of the system used.

There are many ways to simplify your trading, but many people still do not notice the opportunities that the modern world offers them. To fix this, the indicator will be considered below - an information panel, this tool is available in many options, among which each trader will find something convenient for himself.

For those who know what they are looking for, we will immediately give a LINK to download the archive with the best information indicators, and now let's start reviewing this class of tools, listing and describing the best of them at the moment.

How to get up-to-date information directly in mt4

Every trader has probably come across trend, oscillator and other indicators, but what is an information group? These are the tools the main task which is to make visible important information about trading conditions that can greatly affect the final result.

In turn, Forex information indicators for mt4 are divided into the following main subgroups according to the specifics of their functioning:

• temporary;
• news;
• to control income;
• to calculate volumes;
• by displaying the spread;
• to control the situation over a longer time period;
• to inform on the chart about the signals of other indicators, which usually have to be displayed in separate windows.

The process of installing them does not differ in any specific features. After you decide to download Forex information indicators from the link above, you just need to unzip the archive, select the file of the desired instrument and move it to the "Indicators" folder of your Meta Trader 4 terminal. To do this, open it, click "File" at the top and go by "Open data directory". As a result, a new window will be displayed with the "MQL4" directory. Inside it is the folder you are looking for. After placing the necessary files in it, before using the information panels, the terminal must be turned off and on again.

Temporary info panels for mt4

The first type of information indicators, one way or another, is connected with time. These are tools that allow you to constantly see the time until the end of the candle formation, display trading sessions directly on the chart, and much more. It is pointless to make a general description of them, so let's go straight to a brief overview of each useful tool separately.

b-clock

The first of the considered indicators is called b-clock, and its modified version TRO MODIFIED VERSION is presented in the archive. The purpose of this tool is to display a timer at the top left, which shows how much is left before the end of the formation of the current candle.

iStockTimes

The second indicator is a complete information panel in mt4, displayed at the top right of the chart. It also shows the time parameters of the formed candles, and is also useful for displaying the current spread, swap and the value of the ATR trend strength indicator.

Time Universal

Another interesting representative of information panels is called Time Universal. With its help, you can constantly see how much time remains until the formation of the selected trading candle on the traded timeframe, even if the trader changes the display time period, for example, to view older timeframes.

In addition to the regular version, there is also a modified one with the Universal_fix add-on, which allows you to display this information panel not on the price chart, but in the window of another indicator.

i-Sessions-A

The latest version of the popular information indicator i-Sessions-A allows you to display the current trading session on the market directly on the price chart.

Recently, it has also been pleased with other useful options, for example, now it has the number of points that the asset has passed over a certain period.

Xi-AsianSession

This informational indicator displays the market action time of the Asian-only session, indicating when it starts and ends. We have a detailed article on the site about working at this time of day, when you can scalp quite safely and confidently, receiving a decent income at the quietest time in the market.

News indicators with dashboards

The following type of Forex information indicators allows you not to forget about the release of important news, which is especially important for those who work intraday. Using one or another of the tools described below, a trader can display in a convenient way information about upcoming economic publications directly on the price chart, always staying up to date.

FFCal

The best information panel for displaying news with tons of settings. In the archive above, you can download the current version at the moment, although this indicator is constantly being improved.

news info

An alternative to the previous option is NewsInfo, another representative of quality news indicators that allows you to choose one of several top news agencies to receive data on upcoming economic publications.

A nice bonus of this auxiliary panel will be the function of disabling automatic trading of experts before the news, when increased volatility can lead to unpleasant and unexpected consequences.

Truly News Indicator

For traders who like to cut off everything unnecessary, this information panel will come in handy. Its functionality allows you to set the display of only those news that are relevant for the currencies being traded. That is, if the work, for example, is not carried out on the Australian dollar, then the indicator will not display news on the AUD, so as not to distract from trading the main instruments.

When using news indicators, you should pay attention to several points:

1. Be sure to check the time zone settings so that the data is displayed correctly. All the best news agencies allow you to change the calendar options, adjusting this setting to prevent data from being late or, conversely, too early.
2. In order not to pay attention to minor events that hinder more than help, we recommend that you immediately configure the display of only the most important news. They are always marked with three icons (bull heads, exclamation points, etc.), so it is impossible to make a mistake.
3. Be sure to check the operation of the indicator after installation, waiting for important news. If, upon its publication with a deviation from the predicted values, there is a strong price impulse with a preliminary spread expansion, then everything is perfectly set up, and in the future you can safely rely on the work of the selected information panel. We are not too lazy to take this step, since in Forex it is extremely important to pay attention to the details from which the general terms and Conditions leading to success.

If the appearance of a price impulse does not correspond to the data on the news release in the indicator, then you need to check the settings, paying attention to everything related to Hours, GMT, etc.

Forex Profit Control Dashboards

Success-oriented traders always keep statistics of their trading, constantly analyzing the results of financial transactions. Of course, now a very advanced set of services for collecting and analyzing statistics is offered, for example, by such a service as MyFxBook, etc. But it will be much more convenient to use information indicators that will display important data regarding profit or loss in money or percentage in real time.

iProfit

Probably the most common indicator of this type, which allows you to display information about various trading aspects directly on the price chart panel.

equity

This informer displays two curves in a separate window - one for changing the account balance, and the second for seeing how the equity drawdown has changed. Anyone who uses MyFxBook knows how the results of trading and the load on the deposit in its process are displayed in a convenient chart, which is very important when using martingale advisors and other systems without a clear stop.

Profit Info

Another interesting indicator of the group under consideration will help display statistics for individual trading approaches. Its main value lies in recognizing the results of various strategies, because often a trader on one account can test both automatic systems and trade manually, focusing on levels or some instruments.

The Profit Info panel assigns its own individual Magic Number to each trade, as a result of which it is easy to summarize the statistics on orders with the same designation in order to find out how effective they were.

Moreover, a trader can independently make notes next to each trading operation, easily then finding the trading operations he needs in order to study their result.

Here is a screenshot with the settings of the Profit Info information indicator, which allows you to roughly evaluate the capabilities of this super useful panel for every Forex trader.

Info indicators for determining optimal trading volumes

Another popular group of dashboards helps to follow the right risk management, which, as you know, acts as one of the cornerstones of success in Forex. Only the careful actions of the trader, combined with the exact choice of the working volume for each transaction and taking into account the stop loss, can achieve a profitable mathematical expectation, which in the end will make you happy with a profit.

The indicators below allow you to get rid of the need for additional use of calculators, replacing them with convenient information panels, where the volume calculation can be based on:

• depot size;
• stop loss value;
• number of slip points, etc.

When calculating, you can rely on the size of the allowed stop in points or percentages.

lot calculator

According to the name, this informer allows you to choose the optimal volume size for the opened position. Below in the screenshot you can see what parameters are set for the indicator. There is no need to be afraid that the panel will block the chart, since it can always be moved in the right direction.

As for the functionality, the indicator will independently calculate the allowable volume, based on the size of the stop and risks as a percentage of the deposit. Also, the trader will be able to see the cost of 1 point of the price movement, taking into account the selected volume, that is, he will receive all the information that the Forex calculator usually gives.

MAX LOT

This informer is interesting because it can be used to easily determine the size of the maximum lot size under the selected conditions - type of asset, deposit size, leverage, etc. This may be necessary when accelerating the deposit or during news trading, when traders often enter the market as much as possible volume for yourself.

Information assistants for spread control

Scalpers and news traders know how important it is to control the size of the spread. After all, a change in this important trading condition leads to a significant increase in the cost of opening a position, which, in turn, can cause serious losses instead of the expected profit.

As a rule, in Forex, the spread tends to increase greatly at such moments:

• opening Forex after the weekend;
• closing of the currency market before the weekend;
• daily at the time of the change of day, when the swap is charged for the rollover of the position;
• before important economic publications;
• in moments of crisis, vivid examples of which have recently been the decoupling of the Swiss franc from the euro, the UK's exit from the EU, etc.

For comparison, before the publication of US labor market data or ECB meeting the EUR/USD spread can widen up to 20-50 pips, while it usually tends to zero on accounts with market execution and very rarely exceeds 1 pip!

IND Monitoring

Unlike Forex indicators, which display information about the spread in the form of points at the moment, this one allows you to evaluate the change in the spread in a separate window in the form of a chart. Thus, it is possible to trace when, how and in what periods the spread at a particular broker expanded.

The photo shows not only IND Monitoring itself, located under the price chart, but also an indicator for evaluating the spread at the current moment.

Candle Spread modern

This tool shows not only the spread, but also the time left until the end of the candle on the selected interval. The main feature of the indicator is that it can give a graphical warning about a greatly increased spread. That is, a trader who works intraday on Forex can safely trade without paying attention to the spread until he sees a signal from the information panel. It is very simple and convenient, and besides, flexible settings allow you to adapt Candle Spread to your tastes and preferences.

These are only the most popular indicators, but there are others, some of which, for example, allow you to save data on changes in the spread on history. This can be an extremely important aspect of trading analysis on your own or with an advisor.

Swap Control Information Assistants

Forex speculators who work on daily charts, focusing on medium-term trading, are heavily dependent on swaps, which are both positive and negative. For those who don't know, a swap is a fee for moving a position overnight. Moreover, it is not charged for weekends, but it can be charged 3 times in the middle of the week, as a rule, this happens on Wednesday.

To control this parameter, special information panels have been developed, some of which have other useful functionality.

ZFXi Swap

A simple info panel for mt4 showing both swaps and more useful information by group of selected assets.

Spread and Swap

Another useful informer that is installed directly on the chart in mt4 to display, as the name suggests, both the spread and the swap.

Indicators for monitoring large time periods

Often, in order to filter a signal on a working timeframe, it is necessary to first study how things are on a larger time period. If the work is carried out with one or two assets, then this is not difficult, but when you need to quickly assess the situation for a dozen or even several dozen instruments, then everything becomes much more complicated.

This is where informational indicators come to the rescue, which directly in mt4 give useful hints as to what is happening on the higher timeframe.

Stratman minichart

A very popular indicator that displays additional timeframes in small previews right in the price chart window of the selected time period.

Multi Instrument

Another tool that allows you not only to control the current asset, but also to look at others at the same time. Below on the screen you can see how the pound dollar is additionally seen on the chart and currency pair euro against the Australian dollar.

MCP or Multi Charts

Another useful information panel for mt4 displays quotes of other assets in a separate window under the price charts with important parameters regarding their movement.

In addition, in the new version of the indicator, you can not only watch other charts, but also set the display of technical assistants for them. For example, for additional charts, you can set the display of stochastics on the information panel, which you can download in the archive from the link at the beginning of the article.

Comprehensive information assistants for situation assessment

Below we describe a few integrated solutions, helping to assess the current situation in Forex by a number of important additional parameters.

P4L Clock

This dashboard will help you control the time, spread, trend strength using ADR and more. Each of the useful options can be displayed or disabled as desired, also placing the data output itself in any of the corners of the graph in accordance with your preferences.

Infopanel with TSLS mod

A very concise panel that allows you to display swap, spread, leverage and other trading parameters.

Other software goodies

In addition to information indicators and panels for mt4, which directly affect the analysis of market situations, there is also additional software that a Forex trader should also have at hand.

Truly Screen Shot Indicator

This is a software product designed as an indicator for mt4 that allows you to take screenshots. Yes, you can use the usual third-party applications, but this is often inconvenient and takes some time, making you distracted. While there is an opportunity to instantly fix an interesting situation, failure or error of the terminal / broker, etc.

iSignal Of Trade

This tool will always inform the Forex trader about the events taking place on his trading account. This helps a lot in cases where a trader uses the services of PAMM accounts or auto-copy services, since you can check what is happening on the account at any time.

i-Level Zero

Such an informational indicator will be useful to anyone who uses grid robots or actively averages positions himself, since it always displays where the breakeven level is and how many points the price needs to pass in order to finally drain the trading account.

Candle Body Size

A convenient and useful informer that reports the value of each trading candle, reflecting this parameter in Forex points. This information is essential for a number of trading systems, so such a data panel can come in very handy.

i breakeven

Another analysis tool for working with grids that shows the break-even point.

If the robot has brought an account into a strong drawdown, then sometimes it is advisable to get into its work process by hand, setting take profits for all orders on your own to a level where they will at least bring zero income, but eliminate the risk of further holding trades.

Daily Data

Super useful info panel with tons of settings. Individual options can be set or removed as you wish.

Draw Profit

An interesting tool that saves the trading history right on the chart. With it, you can see, not only where and when the transaction was opened, but also at what level the stop loss was placed, where the take profit was set, and so on.

Results of consideration of information panels

The most popular and useful indicators, as well as information panels under Forex trading mt4 terminal, which can be downloaded in one archive, and only then you can independently choose the instruments suitable for your trading.