4 Info Indicator

4 Info Indicator

4 Info Indicator For MT4 is an effective forex trading tool that monitors equity, lot size, maximum floating profit and loss for better trading performance

The 4 info indicator for MT4 is an essential information tool that reflects 4 components of the forex trading account. This info helps forex traders to identify the health of the trading account and is an effective account monitoring tool. The indicator does not provide forex trading signals.

The indicator is effective for new and advanced forex traders. Moreover, it works on all chart time frames as it does not derive data from the current price chart. Additionally, traders can use this info within automated forex trading strategies.

4 Info Indicator For MT4 Trade Setup

The indicator plots the info in 4 lines on the desired corner of the chart. The highest equity is in orange, highest lot in blue, max floating profit is orchid and max floating loss is green. Traders can change the comment location of the chart, and the colors of the parameters in the settings.

In fact, monitoring the highest lot size helps forex traders to avoid over trading and over leveraging. The lot size increase affects the profit and loss directly as it increases the pip value. So, forex traders should monitor the highest lot size and trade accordingly.

Another important value is the max floating loss; many traders monitor this value to identify breach of critical equity levels.

Additionally, many disciplined traders use daily equity or weekly threshold values and stick to them. Furthermore, the highest equity and max floating profit may help to analyze, understand and tweak the trading performance.

Conclusion
In summary, the 4 info indicator for MT4 is an essential account monitoring tool that displays the highest equity, highest lot size, maximum floating profit and maximum floating loss.