ShowImportantParams – indicator for MetaTrader 5

  • Platform: Metatrader5
  • Currency pairs: Any pairs, indices and metals
  • Trading Time: Around the clock
  • Recommended broker: icmarkets, XM
  • The indicator shows symbol and account parameters, some of which are subject to change during important news releases or before the close of a weekly session.

    show

    The following parameters may change:

    • Leverage — can be decreased, e.g. during important news releases, before market close on Friday.
    • StopLevel — stop loss and take profit levels (in points). They may increase during the news release and at the end of the session.
    • MarginCall — when this drawdown level is reached, it is recommended to make a deposit or to close some deals.
    • StopOut — when this drawdown level is reached, broker may force close part of the losing deals.
    The following parameters are constantly changing, depending on the current quotes of the symbol.
    • PointPrice — the value of one point in the deposit currency.
    • SpreadSmooth — the current spread average on SpreadSmoothTicks ticks.
    • RealSpread — the current spread without averaging.
    • SpreadPrice — the value of the average spread in the deposit cirrency.

    Parameters:

    • FontSize
    • FontColor
    • FontName
    • XOffset — horizontal offset from the bottom left corner in pixels
    • YOffset — vertical offset from the bottom left corner in pixels and the distance between lines
    • SpreadSmoothTicks — spread value averaging period
  • How to install MT5 indicator?
  • 1. On the desktop, double-click to open the MT45 trading platform software you installed.
  • 2. Click on “File” in the upper left corner – “Open Data Folder”, double-click the MQL5 folder, and double-click the Indicators folder
  • 3. Copy the metrics you need to install to the Indicators folder
  • 4. Open MT5, find “Navigator” in the display menu, then click “Technical Indicators” of “Navigator” and right click to refresh, you will see the indicator just copied.
  • 5. In the “Technical Indicators” of “Navigator”, find the indicator file just installed, double click or click manually to the chart window