Information indicator INFO TRADER v.1.29 for Meta Trader 4/5 (release 07/10/2022)
We are happy to present you the "Info Trader" information indicator.
As we are traders ourselves, we create software that we primarily use in our own trading practices. During intraday multicurrency trading we were constantly in need of a "ready to use" info panel.
You have probably noticed that it is necessary to make a decision on taking profit on the account with consideration of profit on multiple instruments. To do this, you need to see the whole picture of each trade in detail.
We are happy to present you the "Info Trader" information indicator.
As we are traders ourselves, we create software that we primarily use in our own trading practices. During intraday multicurrency trading we were constantly in need of a "ready to use" info panel.
You have probably noticed that it is necessary to make a decision on taking profit on the account with consideration of profit on multiple instruments. To do this, you need to see the whole picture of each trade in detail.
“Info Trader” will inform you about:
- Current spread
- Bid and Ask prices, with the price color changing relative to previous price. Falling prices are shown in red, rising prices in blue.
- The history of the maximum and minimum spread with indication of the event time within the trading day. And also the average spread value for the current trading day.
- Broker time and GMT 0 time. And also the broker's time zone relative to GMT. This clock will help you adjust your trading systems that use the time functions.
- Balance status informer for buy and sell orders, and total result of all trades opened on the instrument the indicator is running on.
- All data displayed by the indicator is updated each tick/change in the instrument price.
Full description of the software is available at soft4forex.com
Trading account type - Brokers are offering different account types with different trading conditions. One of them is difference in provided market price feed.
Standard - 4 digits past comma, in format of 1,1234.
Extended - 5 digits past comma, in format of 1,12345.
When determining the range of price movement in points, in analytics, projections and discussions, four digits after comma is taken into account.
Example : price went from 1,20002 to 1,30007, it means that the price change for 100 points(one figure). If to say that the price is in this case went for 1005 points, it will be wrong. As the fifth digit is not a whole point, but one tenth of a point.
- Extended - 5 decimal places (1,12345).
- Standard - 4 decimal places (1.1234).
1.28
1.01
First version of the informational indicator is now available. INFOTRADER
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