pulseBalanceIndicator.mt5
A MetaTrader indicator that visually tracks account balance progression on a separate chart window. It displays balance history with moving averages and trade markers.
Features:
- Balance Tracking: Plots account balance progression over time.
- Moving Averages: Dual MA system (MA and MA2) for trend analysis.
- Trade Markers: Visual markers showing balance at each trade close.
- Customizable: Adjustable periods, colors, and magic number filtering.
Usage:
The indicator automatically:
- Tracks all closed trades (filtered by magic number if specified).
- Calculates cumulative balance from starting balance.
- Updates in real-time via timer events.
- Shows balance, MA values, and trade timestamps on hover.
Display:
- Main Line: Account balance progression (Red).
- MA Line: Fast moving average (Blue dots).
- MA2 Line: Slow moving average (Gold dashes).
General Settings:
Dot_Color - Color for balance markers (default: OrangeRed)
StartingBalance - Initial balance reference (default: 10000)
MagicNumber - Filter trades by expert advisor magic number (default: 0 = all trades)
MA_Period - First moving average period (default: 5)
MA2_Period - Second moving average period (default: 12)
MA_Method - Moving average calculation method (default: SMA)