The Daily Drawdown Forex indicator For MT5 calculates and shows the daily drawdown for all buy & sell transactions executed in one day.
This is a helpful indicator to keep track of your daily performance.
The daily drawdown indicator will appear in the lower right corner of the main chart window as “Daily DDÂ %”.
The following inputs can be edited: daily drawdown active (true/false).
Make yourself familiar with this indicator and test it first on a demo account. It supports all time frames and Forex pairs.
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Daily Drawdown.mq5 Indicator (MT5)
Chart Example
The following chart shows what the Daily Drawdown Forex indicator looks like when applied to the MT5 chart.
How To Buy And Sell Forex Pairs With The Daily Drawdown Forex Indicator?
The indicator does not issue any trading signals. Use it together with an existing trading system or combine with technical indicators.
