
Show Pips indicator
Show pips MT5 indicator shows profit in pips, percentages, spread, candle timer. An essential Metatrader indicator for forex traders.
CATEGORIES: MT5, INFORMATIONAL
Updated on: 18.12.2023
This MetaTrader indicator is a fantastic tool for forex traders. It is convenient and displays multiple information.
Example, about the open positions such as loss of profit in pips, percentages and US dollar value. Also, the spread of the current symbol, and time left for the current bar close.
Show Pips Metatrader indicator trade statistics display
The above EURUSD H1 chart has a sell position. The details on the top right corner of the Metatrader window provide the forex trader with a clear view of all the statistics about this position.
The indicator shows loss and profit in pips and dollar value to help the trader monitor the position. The profit or loss shown in percentages helps the forex trader for account management and money management and for managing the risk within the acceptable risk limits.
The spread information comes in handy during important news releases while using a variable spread account. Obviously, the Show pips MT5 indicator is very flexible and is easy to install, and free to download. It is beneficial for both new and experienced traders.