Using an MT4 Open-Position Indicator and Calculating Point Value

Summary

This document explains how to install and display an MT4 indicator that adapts MetaQuotes’ iExposure tool to show open positions. It describes placing the indicator in a secondary chart window, adjusting column spacing and font weight, and interpreting its profit figures in points. The display appears only while positions are open, and a tick generator may help keep it current when updates lag.

It also gives a worked AUDUSD example for deriving point value from a trade’s profit, lot size, and price movement, then scaling that result to a larger move. The document suggests checking the terminal’s profit display setting when its figures differ from the indicator. These are platform-use instructions and an arithmetic example, not a trading strategy or performance study; the indicator’s readings may lag in fast markets or on slow computers or connections.

Key ideas

• The indicator displays open positions in an MT4 secondary chart window.
• Its profit figures use points, so compare them with the terminal configured to show profit in points.
• Point value can be estimated from observed profit, lot size, and movement in points.
• A tick generator may help refresh indicators when normal updates lag.

Tags

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