Orders Indicator can be found within the MQL5 marketplace, it was created by Andrey Khatimlianskii. First uploaded on the 6th of December 2013, it was most recently updated on the 18th of December 2018, it is currently at version 7.52.
Overview
Orders Indicator has been created for use with the MetaTrader 4 trading platform. It is an indicator that will monitor your own trades and analyze others.
Some of the many features include:
-Change the size and location of the control buttons (Control buttons size, Control buttons corner)
-Disable display of opened and closed positions (Show OPENED, Show CLOSED, Show PENDING)
-Change colors of arrows and lines for profitable and loss-making buy and sell positions separately (Color for profitable/losing BUYs/SELLs)
-Change style and width of the lines connecting deal openly and close points (Open-Close lines width, Open-Close lines style), add text labels on that points (Open price labels width, Close price labels width)
-Enable display of a profit in deposit currency, points or % (Show profit in money/points/percents), configure profit display accuracy (Number of digits to show)
-Change text font and size (Font, Font size)
-Enable profit in points (Show profit in points)
Service Cost
There is not an option to buy the Orders Indicator outright, instead, there are options to rent it. You can rent it on a monthly basis which will currently cost you $10 for a three month period, you can also rent it on a yearly basis which will cost you $29 per year.
There is a free demo version available on the site, but the limitations of this version are not made clear, it may only be used within the strategy tester of the MetaTrader 4 trading platform.
Conclusion
The Orders Indicator has 37 different reviews from its users, they have given the indicator an overall rating of 4.5 out of 5.
“Awsome indicator to see if you have made the correct trade or if you didn´t apply your “trading plan”. The input “see the profit in pips” is very good to see the result of the trade in order to visual backtesting.” – A 5-star review.
“Best “History Arrow” indicator, also shows current live trades status. Love it!” – A 5-star review.
“This is one of the best indicators that I own and I will continue to renew it every year !!! I just wish that I could just purchase it outright.” – No rating is given.
The majority of the reviews are all very positive which is a good sign, there are also over 200 comments, the developer has been responding to the majority of them promptly which shows that they are still actively supporting the indicator and those that have purchased it.
This Forex service is currently available in the MQL5 marketplace: https://www.mql5.com/en/market/product/2050
