The indicator draws line for quick calculation of potential profit/loss.
Just set the lot size and move ends of the line to see the profit/loss in account currency for defined lot size between two prices.
- Lot = 0.01; – lot size for what calculate the potential profit/loss;
- Spread = false; – if it is true, the spread value will be deduct from the price;
- Font = 12; – size of the font;
- Color = Yellow; – color of line and value shown;
MT4 Indicator Download – Instructions
ProfitLine is a Metatrader 4 (MT4) indicator and the essence of the forex indicator is to transform the accumulated history data.
ProfitLine provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Based on this information, traders can assume further price movement and adjust their strategy accordingly.
How to install ProfitLine.mq4?
- Download ProfitLine.mq4
- Copy ProfitLine.mq4 to your Metatrader Directory / experts / indicators /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your indicator
- Search “Custom Indicators” in your Navigator mostly left in your Metatrader Client
- Right click on ProfitLine.mq4
- Attach to a chart
- Modify settings or press ok
- Indicator ProfitLine.mq4 is available on your Chart
How to remove ProfitLine.mq4 from your Metatrader 4 Chart?
- Select the Chart where is the Indicator running in your Metatrader Client
- Right click into the Chart
- “Indicators list”
- Select the Indicator and delete
MT4 Indicators Download below: