Info Plus Indicator
Info Plus is a unique indicator that shows trade position values and information. It is an ideal tool for managing the progress of the position.
Description
Info Plus is an indicator like no other. It doesn’t require you to analyze lines and track changing colors. There are no fancy candles on the price action. As the name implies, the indicator shows information that helps you trade and manage the positions.
It displays over ten information pieces, which include:
- The bid price
- The low and high of the candle
- The time left to the close of the candle
- The current spread
- The selected time frame
- The profits or losses of the running position
- The open positions
- The Symbol of the asset class
- The number of pips per trade
- Swaps, commissions, and net profits
- Pips per trade
- Sessions which change with time
- Date and time
How the Info Plus Indicator Works
The EUR/USD price action picture above shows Info Plus indicator in action. The number of open positions increases as each trade is executed. While the pip value worth of each pip depends on the lot size. The trade counter shows the number of the trade in an ascending order depending on the number of pips per trade.
If the trades are positive, the pips booked change color to blue, while the red indicates the pips are in a negative zone.
In addition, the indicator shows the risk of the open position by dividing the total open pips by the account balance.
Conclusion
Info Plus indicator shows detailed information about the progress of your trade. This helps you track profitability and loss management. It is a one-stop show for all details regarding your positions and the general market.