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README.md

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)