FXG_Info is the most important information gathered in one place.
Indicator
FXG_Info for MetaTrader 5 provides basic statistical
information about a particular currency pair. Thus, in combination with the
symbol price chart, it is very easy to determine whether the current market
situation is suitable for trading operations. When
opening a position, the indicator will show the current information-Stop levels
Loss, Take Profit, etc. The indicator can be used on any
financial instruments, as well as on any markets that
your broker provides access to.
FXG_Info is the most important information gathered in one place.
Indicator
FXG_Info for MetaTrader 5 provides basic statistical
information about a particular currency pair. Thus, in combination with the
symbol price chart, it is very easy to determine whether the current market
situation is suitable for trading operations. When
opening a position, the indicator will show the current information-Stop levels
Loss, Take Profit, etc. The indicator can be used on any
financial instruments, as well as on any markets that
your broker provides access to.
[spoiler title=”Read More…”]
The following information is displayed:
- Spread – the current and maximum spread for the current candle.
- ADR
(average daily range) – the average value of the daily volatility of the pair for the
last week. Volatility is calculated as the difference between prices
High and Low for the day. Thus, we know what volatility can be
expected for the current day, as well as the percentage of it that the price has already
passed. - Pip*0.1 lot – the value of 0.1
lot of the position in the number of points of the account’s deposit currency. In the parameters,
you can set the position size (at least 0.1 lot). - SL
– if there is an open position, the Stop Loss value is displayed in
the account’s deposit currency (you can disable it in the parameters) and in pips, including
the commission of the ECN brokers. This information is necessary to check the position
for compliance with the trading plan. - TP –
if there is an open position, the Take Profit value is displayed in
the account’s deposit currency (you can disable it in the parameters) and in pips, including
the commission of the ECN brokers. If SL is negative, it is also displayed here
RR (Risk Ratio) – the
ratio of TP to SL. The RR is required to check whether the
trading operation matches the trading plan. - Profit
-if there is an open position, it shows the current profit value in the
position in the account deposit currency (you can disable it in the parameters) and in
pips, including the commission of ECN brokers.
The following information is displayed:
- Spread – the current and maximum spread for the current candle.
- ADR
(average daily range) – the average value of the daily volatility of the pair for the
last week. Volatility is calculated as the difference between prices
High and Low for the day. Thus, we know what volatility can be
expected for the current day, as well as the percentage of it that the price has already
passed. - Pip*0.1 lot – the value of 0.1
lot of the position in the number of points of the account’s deposit currency. In the parameters,
you can set the position size (at least 0.1 lot). - SL
– if there is an open position, the Stop Loss value is displayed in
the account’s deposit currency (you can disable it in the parameters) and in pips, including
the commission of the ECN brokers. This information is necessary to check the position
for compliance with the trading plan. - TP –
if there is an open position, the Take Profit value is displayed in
the account’s deposit currency (you can disable it in the parameters) and in pips, including
the commission of the ECN brokers. If SL is negative, it is also displayed here
RR (Risk Ratio) – the
ratio of TP to SL. The RR is required to check whether the
trading operation matches the trading plan. - Profit
-if there is an open position, it shows the current profit value in the
position in the account deposit currency (you can disable it in the parameters) and in
pips, including the commission of ECN brokers.
[/spoiler]