Free Tools

P&L by Magic Indicator

A free MT4/MT5 dashboard that breaks down your account performance by strategy (magic number): live P&L, drawdown and trade history — right on your chart.

MetaTrader 4

Copy to MQL4/Indicators in your terminal data folder

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MetaTrader 5

Copy to MQL5/Indicators in your terminal data folder

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What it does

📊

P&L per strategy

Every magic number gets its own row: open positions, today, week, month and all-time profit at a glance.

🏷️

Custom labels & groups

Name each magic number, or group whole ranges (e.g. 8000-8999) into a single aggregated strategy row.

📉

Max drawdown tracking

Live max drawdown on open positions, persisted across restarts, plus the worst losing streak on closed trades.

🔍

Per-strategy trade list

A "Show" button on every row opens the detailed trade list for that strategy, filterable by period.

Built for speed

Closed-history caching and O(1) hash lookups: negligible CPU load even with thousands of trades in history.

🎨

Themes

Multiple color themes for the dashboard, with a clean dark "Ocean" look as default.

How to install

  1. Download the file for your platform above.
  2. In MetaTrader open File → Open Data Folder and copy the file into MQL4\Indicators (MT4) or MQL5\Indicators (MT5).
  3. Restart the terminal (or right-click → Refresh in the Navigator).
  4. Drag the indicator onto any chart and enable "Allow DLL imports" in the dialog — required for automatic update notifications.

Our tools are free, ad-supported software. When a new version is released, an update notice appears directly on the chart linking back to this page.