Skip to content
All library documents

Monitoring Account Profit with Total or Magic-Number Curves

Article MQL5 code base
Read the original

Summary

This note describes an account-monitoring indicator that displays the account’s current status in the main chart window and plots a profit curve in a subwindow. Users can choose to follow total account profit or profit associated with a selected magic number, allowing them to view results for a particular group of automated trades.

The author recommends using the indicator on a one-minute chart for more detail. The first plotted data point appears only after the current candle closes, so the display may take up to that candle interval to begin. The indicator does not preserve its plotted history: changing its settings or timeframe clears the curve and starts it again. The document explains display behavior but provides no definition of the profit calculation, examples, or evidence about how accurately it reflects account performance.

Key ideas

  • The indicator shows current account status and plots a profit curve in a separate window.
  • It can display either total account profit or profit filtered by magic number.
  • A one-minute chart is recommended for a more detailed display.
  • The plot begins after the current candle closes.
  • Changing settings or timeframe clears the curve because the indicator does not save its data.

Tags

Risk managementStatistics

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.