The Gain/Loss Candle Indicator is a powerful tool designed for traders using MetaTrader 5. It highlights the gains and losses for each candle, specifically when a predetermined threshold is exceeded. These values are expressed in both points and percentages.
This handy indicator operates in two distinct modes: it can calculate the gain or loss based on the simple difference between candlestick Close and Open prices, or it can measure the difference between the current Close and the previous Close.
With customizable features, you can easily set minimum change limits in terms of pips and percentages, switch between modes, and even adjust the font color for the displayed results. The Gain/Loss Candle Indicator is an essential addition to your MT5 toolkit.
Here’s a look at the XAAUSD Weekly chart:
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