Show Pips
This is a utility indicator/EA that displays profit/loss in pips for open positions on the chart. It does not open any trades itself but serves as a visual monitoring tool for traders to track their position performance in real-time.
Open the interactive view (equity curve, symbol switch)Key facts
Backtest results (H1, about 1 year)
Not backtested yet — this EA could not be converted automatically.
Strategy analysis
This EA is a utility program that does not possess any trading strategy functionality. It contains no entry or exit conditions, as it only reads current account position information and calculates pip-based profit/loss for display on the chart. Position sizing and money management features are completely absent since the program does not execute any trading operations. Its core function is to iterate through all open positions, calculate the pip-based profit/loss for each order, and visually display the results for the trader's convenience. The program is suitable for traders who need to monitor the floating pip profit/loss of multiple positions in real-time. It serves purely as an informational overlay without any decision-making or trade execution capability.
Strengths
- Intuitively displays pip-based profit/loss for quick assessment of each position's performance
- Does not execute any trades, making it completely safe and risk-free to use
- Lightweight utility that does not consume excessive system resources or affect trade execution speed
Weaknesses
- Only displays pip-based P&L without providing monetary or percentage-based profit/loss information
- Lacks customizable alert functionality, cannot notify when target pip levels are reached
- Limited functionality, unable to display historical trade statistics or more detailed position analysis
Possible improvements
- Add monetary and percentage-based P&L display options for more comprehensive position information
- Implement target pip alert functionality to automatically notify traders when P&L reaches set thresholds
- Add historical trade statistics summary features such as total pip P&L, win rate, and other key metrics
Risk assessment
Overall risk: Safe
- This EA does not execute trades, posing no trading-related risk
- As an informational display tool, the only potential issue is display data latency or inaccuracy
Evaluation scores
Parameters
| Parameter | Default | Description |
|---|---|---|
Show Pips Display Settings | N/A | Pips profit/loss display settings |
Font Size | N/A | Font size setting |
Display Color | N/A | Display color setting |
Corner Position | N/A | Chart corner position setting |
Similar Utility EAs
Backtests are historical simulations and do not guarantee future results. Not financial advice.