Indicator for setting stop loss and take profit.

A multifunctional tool that allows you to obtain information on several parameters at once.

It's a useful aid when trading in the MetaTrader 4 trading terminal. It has a few settings and the ability to change the information display colors.

Download the stop loss and take profit indicator.

After installing the indicator and adding it to the desired chart, a lot of different information appeared on the screen, including some that is not entirely necessary and that stubbornly returns to its place even after deletion.

• Your current balance is the initial amount on the trader’s deposit.
• Your current funds are the amount of money taking into account profit or loss on open positions.
• Free funds are taking into account the financial result and collateral for an open transaction.
• Spread is the current spread indicator, a rather useful function for those who trade using a floating spread.
• The cost of one point is for a given currency pair and is indicated taking into account the signs in the quote.
• The lot you set is set in the indicator settings.
• Indicator is the amount of profit you will have with such and such a take profit, the amount of profit depending on the set take profit.
• Indicator is the amount of losses depending on the set stop loss.
• Balance balance taking into account profit or loss.
• Your type BUY or SELL - the selected direction of transactions, set when making indicator settings.

Order placement levels are displayed on the currency pair chart as two lines, green (profit) and orange (loss).

Basic settings of the indicator for setting take profit and stop loss.

BUY – the direction of future trades; set to true for an uptrend, or false for calculating sell

stop order Line ASK – displays an additional reference line located near the price.

Lot – the projected Forex lot size , the trade volume.

TextSize – the font size; you can leave it at default or make it slightly smaller.

When setting stops, you should use the lines, not the text display of the stop loss and take profit indicator, as I personally have been unable to get the data to display correctly.