If you have Multiple opened orders and you want to know where on the chart you will have some profit just drag & drop the Profit On Drop Script on that place in Chart and it will show you what profit / loss you would have on that place in chart
This Profit On Drop Script will once dropped on chart show you what would be your Profit / Loss at that specific point on Chart. It will calculate ALL your Opened Orders and exclude all of your Pending Orders from the calculation.
Example on how to use Profit On Drop Script:
If you have 15 opened orders and some are in profit and some in Loss you just drop Profit On Drop Script to place on chart where you think you would have at least BE. It will print you what Profit / Loss you have at that exact position and then you can place TP / SL according to your liking.
Small & Easy script which will help you in easy trading!
How to install Profit On Drop Script in MetaTrader 4 / MT4:
- Download/Copy/Save the MQ4/EX4 file into your C:\Program Files\MetaTrader 4\experts\scripts folder (or change the folder to your installation sometimes forex broker name)
- Restart your MetaTrader 4 application (assuming it’s currently open) … or Launch your MetaTrader 4 application
- On the left hand side, look for the “Navigator” window and under the “Common” tab, look into the “Scripts” section
- Locate the indicator which you have just downloaded into the folder stated in Step 1
- Drag (Click and drag) the Script onto the chart (when you want the task to be performed)
- yaaaaaaayyy… your task should now be executed…