Account Monitor – Free Tool developed by Happy Client
We receive a lot of positive feedback from our clients who successfuly use our trading systems (PowerFlow EA, ProFx 3.0 and FxPulse 3.0), but Jim from the United States went even further and developed a very helpful Account Monitoring indicator which we would like to share with you.
Hello Forex21, I am a fan of your PowerFlow EA. Even after one month of live trading I have earned far more than I paid for your Expert Advisor. I like the way your EA makes me money, but I wanted to see more detailed stats and not only those from closed trades. So, I needed a way to monitor account figures and to evaluate the in-trade-action.
After a short evaluation and testing period, we found that Jim's custom indicator is very helpful for automated and manual trading. The indicator displays the following parameters:
- Draw Down (by the chart symbol)
- Free Margin
- Percent Margin
- Spread (of the chart symbol)
The indicator can run together with PowerFlow EA (or any other EA). According to Jim, the 5 min chart is recommended to get a little more detailed information. Here are some screenshots of how it looks on the chart:
The histogram shows the maximum value seen in a given candle and the minimums. At a glance one can see the real history of any open trades. In addition, an information panel can be displayed to show Open Profit/Loss and the actual account balance.
We hope you too find Jim's Account Monitor indicator useful. Here the download link for the indicator, custom template and a short user guide which explains how to install the indicator:
PS: Feel free to share the Download links on your favorite trading community and let us know about your experience with it in the comment section.