Easy to use MT5 indicator for Equity and Balance over time!

[QuantEngineer]

Hello Everyone, I programmed a small but very effective indicator to track and display the Equity and Balance of MT5 accounts, it can be added to any MT5 EA, just to display Equity and Balance changing dynamically over time as it is trading on the back tester, to make our visualization a lot easier !

And here is the source code to be compiled on the native MT5 IDE.

Have a good weekend and Enjoy !

//+------------------------------------------------------------------+
//|                                Indicator: Equity and Balance.mq5 |
//|                                       Created by Quant Engineer  |
//|                                            https://www.abfs.tech |
//+------------------------------------------------------------------+
#property copyright "ABFS Inc"
#property link      "https://www.abfs.tech"
#property version   "1.00"
#property description ""

//--- indicator settings
#property indicator_separate_window
#property indicator_buffers 2
#property indicator_plots 2

#property indicator_type1 DRAW_LINE
#property indicator_style1 STYLE_SOLID
#property indicator_width1 1
#property indicator_color1 0x00FF00
#property indicator_label1 "Equity"

#property indicator_type2 DRAW_LINE
#property indicator_style2 STYLE_SOLID
#property indicator_width2 1
#property indicator_color2 0xFFAA00
#property indicator_label2 "Balance"

//--- indicator buffers
double Buffer1[];
double Buffer2[];


//--- Custom functions ----------------------------------------------- 

double AccountBalance()
{return AccountInfoDouble(ACCOUNT_BALANCE);}
double AccountEquity()
{return AccountInfoDouble(ACCOUNT_EQUITY);}

//+------------------------------------------------------------------+
//| Custom indicator initialization function                         |
//+------------------------------------------------------------------+
int OnInit()
  {   
   SetIndexBuffer(0, Buffer1);
   PlotIndexSetDouble(0, PLOT_EMPTY_VALUE, EMPTY_VALUE);
   SetIndexBuffer(1, Buffer2);
   PlotIndexSetDouble(1, PLOT_EMPTY_VALUE, EMPTY_VALUE);
   return(INIT_SUCCEEDED);
  }

//+------------------------------------------------------------------+
//| Custom indicator iteration function                              |
//+------------------------------------------------------------------+
int OnCalculate(const int rates_total,
                const int prev_calculated,
                const datetime& time[],
                const double& open[],
                const double& high[],
                const double& low[],
                const double& close[],
                const long& tick_volume[],
                const long& volume[],
                const int& spread[])
  {
   int limit = rates_total - prev_calculated;
   //--- counting from 0 to rates_total
   ArraySetAsSeries(Buffer1, true);
   ArraySetAsSeries(Buffer2, true);
   //--- initial zero
   if(prev_calculated < 1)
     {
      ArrayInitialize(Buffer1, EMPTY_VALUE);
      ArrayInitialize(Buffer2, EMPTY_VALUE);
     }
   else
      limit++;
   
   //--- main loop
   for(int i = limit-1; i >= 0; i--)
     {
      if (i >= MathMin(5000-1, rates_total-1-50)) continue; //omit some old rates to prevent "Array out of range" or slow calculation   
      
      //Indicator Buffer 1
      if(true //no conditions!
      )
        {
         Buffer1[i] = AccountEquity(); //Set indicator value at fixed value
        }
      else
        {
         Buffer1[i] = EMPTY_VALUE;
        }
      //Indicator Buffer 2
      if(true //no conditions!
      )
        {
         Buffer2[i] = AccountBalance(); //Set indicator value at fixed value
        }
      else
        {
         Buffer2[i] = EMPTY_VALUE;
        }
     }
   return(rates_total);
  }
//+------------------------------------------------------------------+

[l'andorrà]

Impressive work, as always. Thanks.

[themanking]

Never disappointing. Thanks

[RGoo]

It works, thank you very much!