Indicator for Displaying Break-Even and Stop-Loss Levels on Charts (Titan_Breakeaven_Losscut)
Indicator Overview
What is the Break-Even and Stop-Loss Indicator?
This indicator displays the break-even point and stop-loss levels on the chart. It is a handy tool for checking the break-even point not only when holding a single position but also when holding multiple positions in the same asset.
Displaying the Break-Even Point
The level of the break-even point (including accrued swap points and commissions) is displayed on the chart with a line. In addition to the line, the price at that level and the distance in points from the current price are also displayed.
【Example of the displayed break-even point level on the chart】
Displaying the Stop-Loss Level
The stop-loss level is displayed on the chart with a line. Similar to the break-even point, the price at that level and the distance in points from the current price are also displayed.
【Example of the displayed stop-loss level on the chart】
※ This indicator only operates on TitanFX's Windows versions of MT5 and MT4.
Indicator Terms of Use
Only those who agree to all the following items may use the indicators distributed on this website (https://research.titanfx.com):
1.The indicators and related descriptions are based on various data believed to be reliable, but their accuracy and completeness are not guaranteed.
2.The data displayed by the indicators do not guarantee your investment results. Also, the displayed content may vary due to market conditions and communication environments.
3.Please make investment decisions using indicators at your own risk. We are not responsible for any disadvantages or damages arising from the use of indicators.
4.Specifications of the indicators are subject to change without notice. Changes will be announced on the indicator description pages, etc.
5.Indicators should only be used by customers who have downloaded them. Transferring or selling the indicators to third parties is prohibited.
Indicator Settings
Inputs (MT5) and Parameter Inputs (MT4)
| Variable Name | Description | Default |
|---|---|---|
| Break-Even Point | Specifies the label for the line indicating the break-even level on the chart. | Break-even Point |
| Display Position | Specifies whether the information about the break-even point should be displayed on the left or right side. | 右側 |
| Text Color | Specifies the color of the text for the break-even point information. | Aqua |
| Text Size | Specifies the size of the text for the break-even point information. | 10 |
| Line Color | Specifies the color of the line indicating the break-even level. | Aqua |
| Line Style | Specifies the style of the line indicating the break-even level. | Dot |
| Margin Croseout | Specifies the label for the line indicating the stop-loss level on the chart. | Margin Closeout |
| Display Position | Specifies whether the information about the stop-loss level should be displayed on the left or right side. | 右側 |
| Text Color | Specifies the color of the text for the stop-loss information. | Aqua |
| Text Size | Specifies the size of the text for the stop-loss information. | 10 |
| Line Color | Specifies the color of the line indicating the stop-loss level. | Aqua |
| Line Style | Specifies the style of the line indicating the stop-loss level. | Dot |
Color (MT5) and Color Settings (MT4)
This indicator does not use the color tab.