If you're trading on MetaTrader 4, you’ll want to keep an eye on your Average (Breakeven) Price Indicator. This handy tool draws a horizontal line on your chart to show the average price across multiple positions. It’s color-coded for your convenience: blue indicates an overall buy position, red signals a sell, and white represents a neutral stance.
Here’s what else you can expect from this indicator:
- Distance in pips from the Average Price;
- Profit/Loss displayed in your deposit currency;
- Net Lots for a consolidated view;
- Total Trades counted (whether buy or sell);
Update on 09.05.2015: Version 3.0 comes with a few bug fixes for smoother operation.
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