
Individual Strategy Insights
When you're running multiple trading strategies on the same account, the big hurdle is figuring out how each one is performing. Without magic numbers, you’re left with vague details like trade comments or ticket ranges, making it tricky to assess performance. That's where magic numbers come into play—they're systematic, numeric tags that your EA applies automatically to keep things organized.
Accurate Performance Tracking
With magic numbers, you can easily see which system is facing a drawdown or which one is hitting it out of the park. This insight allows you to make quicker decisions, like putting a pause on a struggling EA or pumping more capital into a successful strategy.
Simpler Analysis & Logging
Forget sifting through endless logs or digging through the history tab. With a neat dashboard, you get a single panel that aggregates each EA’s total closed profit, the number of trades, and relevant comment fields. This is a game changer for record-keeping, strategy optimization, and even client reporting if you’re managing accounts for others.
Full Code Attached.
Usage Tips
- Attach the Script/EA: Just link it to any chart in MT5. Once compiled, it’ll show you a table with each magic number right away.
- Check Chart Size: If your chart window is too narrow, some text might get cut off on the right. Widen the chart or reduce the font size for better visibility.
- Match Font: We recommend using Courier New for tidy column alignment, but feel free to tweak it in the code if you’re after a different style.
- Adjust Timings: The script updates every 5 seconds by default. If you want to change that, just modify EventSetTimer(5) for more or less frequent updates.
Related Posts
- Harnessing MQL5 Wizard for Trading Signals: 3 Black Crows & 3 White Soldiers with MFI
- Mastering Bullish and Bearish Harami Patterns with Stochastic in MT5
- Mastering Trading Signals with MQL5 Wizard: Bullish and Bearish Engulfing Strategies
- Creating a Stochastic-Based EA for Hammer and Hanging Man Patterns in MetaTrader 5
- Creating an Expert Advisor for Dark Cloud Cover and Piercing Line Patterns with CCI Confirmation