AV Monitor MT5

Overview of AV Monitor MT5

AV Monitor MT5 is a powerful indicator designed for MetaTrader 5, enabling traders to perform a comprehensive history analysis of closed orders. This tool is invaluable for those who want to quickly and visually compare and analyze their own trading performance or that of different expert advisors.

Key Features

History Analysis: Allows for the detailed analysis of closed orders, helping traders to understand past performance.

Visual Comparison: Facilitates the comparison of different expert advisors, making it easier to identify the most effective ones.

Performance Tracking: Tracks performance split into long and short positions, providing a clear picture of trading strategies.

Account Development: Can be used to track account development by showing balance and equity on an index chart like the DOW.

Settings and Customization

Start Balance: Set the initial balance from which all curves begin.

Show Balance & Equity: Option to display balance and equity curves.

Show Short & Long Positions: Ability to display short and long positions separately.

Show Zero Line: Option to display a zero line for better visual reference.

Start Date: Define the date from which all curves begin.

Filter Symbol: Filter by specific symbols, e.g., DJ30.

Filter Magic: Filter by specific magic numbers for precise analysis.

Filter Comment: Filter by order comments for detailed insights.

Text Customization: Customize text color for various elements like balance, equity, long positions, short positions, and margin.

Text Size and Position: Adjust the size and position of the legend text for better readability.

Recent Updates

Multiple Indicators: Now possible to drag multiple indicators into one chart.

Order Comment Filtering: Enhanced filtering capabilities by order comments.

Price Labels: Introduction of price labels for better visualization (except on equity due to excessive blinking).

Usage Tips

Track Multiple EAs: Use one AV Monitor MT5 indicator per running expert advisor chart to effectively track performance.

Account Development: Apply the indicator to an index chart with the 'Show Balance & Equity' setting to monitor overall account development.

Customization: Take advantage of the extensive customization options to tailor the indicator to your specific needs.

Conclusion

AV Monitor MT5 is a versatile and robust tool for traders who want to delve deep into their trading history and performance. With its comprehensive features and customization options, it stands out as a must-have indicator for serious traders. 🎯📈