





Display:
Maximum Floating Loss Recorder displays profit and loss and maximum floating loss for a given period on the chart, along with open positions at that time and daily performance. Reviewing past data is also easy with notification and CSV logging options.
The Summary window shows P&L, maximum floating loss, its timestamp, and the open volume and number of open positions at the time of maximum floating loss for a selected period.
Max floating loss represents the largest gap between your account balance and equity during the period, providing a clearer picture of the maximum unrealized loss you were exposed to while trading.
Compare your daily P&L and max floating loss in the Daily Performance window to spot your best-performing day as well as the day with the highest floating loss.
Enable long/short display to view max floating losses for long and short positions separately. This helps identify which position type carried a larger floating loss.
The calculation scope can include all trades or be customized by symbols and magic numbers. When trading multiple symbols or using EAs, narrowing the scope helps you focus on the relevant data.
Notifications and CSV logging are available for P&L and max floating loss data. Configure when to log data and how to receive notifications in the settings. Notifications deliver P&L and max floating loss based on your preferences, while CSV logging can save the on-screen data as a file.
When CSV logging is enabled, files are saved in the MPLT folder inside the MT4/5 Files directory. Access the files from MQL4/Files/MPLT (MT4) or MQL5/Files/MPLT (MT5). Please note that deleting CSV or snapshot files may result in the loss of historical logs.
To use the line copy indicator, install the "[Myforex] Max Floating Loss Recorder" file on MetaTrader4/MetaTrader5.
Click "File" from the menu bar at the top of MetaTrader4/MetaTrader5 and choose "Open Data Folder".
After opening the data folder, double-click the folder "MQL5 (MQL4 for MetaTrader4)" in it to open it.
Double-click to open "Indicators" folder in the MQL5 file.
Save the "[Myforex] Max Floating Loss Recorder" in the "Indicators" folder.
Once the file is in the folder, right-click "Indicators" in the Navigator and choose "Refresh" from the displayed menu.
After checking that the line copy indicator is shown in the "Indicators" of the Navigator, apply it to a chart by double-clicking or dragging and dropping.
Go to the menu bar and select "View" → "Navigator". Alternatively, press Ctrl+N to show or hide the Navigator window.
Refer to the "How to set up" page to make further settings in the "Inputs" tab, then click "OK". Once the Maximum Floating Loss Recorder is applied to the chart, the summary and daily performance windows appear, showing P&L, max floating loss, and other data.
Verify that the indicator is saved in the Indicators folder and that the file name has not been changed. If it still doesn't appear after refreshing the Navigator window, restart MT5 and try again.
After applying the indicator to the chart, set the parameters according to your style.
First, open the "Inputs" tab.
Set the parameters as follows.
Display Settings
Number |
Item name |
Description |
|---|---|---|
1 |
Show Summary Panel / |
Show or hide the Summary panel, and specify the calculation period (in days) for profit & loss and maximum floating loss. |
2 |
Show Daily Results Panel / |
Show or hide the Daily Results panel, and specify the display period (in days) for daily performance. |
3 |
Long/Short Split Display |
Enable this option to show maximum floating losses and P&L for long and short positions separately. |
4 |
Show Weekly/Monthly P/L section |
Enable this option to show weekly and monthly P&L and win rate in the Summary. |
Aggregation Settings
Number |
Item name |
Description |
|---|---|---|
5 |
Aggregation Filter |
Choose the calculation scope: All, Specified Symbols Only, or Specified Magic Numbers Only. |
6 |
Symbol Filter |
Specify the symbols to include when "Specified Symbols Only" is selected. Separate multiple symbols with commas. Symbol names must exactly match those used by your broker. For example, if the broker uses "euraud.", enter "euraud." in the Symbol Filter. |
7 |
Magic Number Filter |
Specify the magic numbers to include when "Specified Magic Numbers Only" is selected. To calculate results for manual trades only, enter 0. |
Calculation Settings
Number |
Item name |
Description |
|---|---|---|
8 |
Calculation Type |
Choose the calculation basis for the maximum floating loss rate: equity or account balance. |
9 |
Calculation Interval (seconds) |
Specify the interval in seconds for data updates, CSV logging, and notification checks. |
10 |
End of Daily Trading |
Configure the server time used as the daily cutoff for performance data, notifications, and log entries. Keep it to 00:00 for normal use. |
Color/Font Settings
Number |
Item name |
Description |
|---|---|---|
11 |
Background Theme |
Choose a color theme for the panel: Dark, Light, or Custom. |
12 |
Panel Width / Font Size |
Adjust the panel width and font size to prevent text cut-off or to match your screen resolution. |
CSV Settings
Number |
Item name |
Description |
|---|---|---|
13 |
Logging Timing |
Select the events that trigger CSV logging: max floating loss updates, notifications, or the end of the day. |
14 |
Detailed Logging |
Enable this option to export a more detailed csv log, including long/short P&L, swaps, and open positions. |
15 |
Per-MN / Per-Symbol Logging |
Enable these options to export separate CSV files for each symbol or magic number. This is useful for viewing specific records. |
Notification Settings
Number |
Item name |
Description |
|---|---|---|
16 |
Daily Notification |
Enable this option to receive daily performance reports based on the End of Daily Trading. |
17 |
Floating Loss Alert |
Enable this option to trigger notifications when the max floating loss rate exceeds the specified threshold. Set the threshold and minimum notification interval as needed. |
18 |
Notification Methods |
Select the notification methods: MT4/5 alerts, emails, or mobile push notifications. To receive email and push notifications, the email and notification settings in MT4/5 must also be configured. Before enabling these options in this tool, make sure that notifications are working correctly in MT4/5. |
If the display does not reflect your changes, check the symbols/magic numbers, aggregation filter, calculation interval, panel width, and other related settings. If text is cut off, adjust the panel width and font size.
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Created
: 2026.07.24
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Last updated
: 2026.08.21
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