Metatrader 5 Libraries | nProfit and Loss Positions | MQL5 Community Release

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Profit_and_Loss_Positions - Position Profit/Loss Calculator

Purpose

Plug-in file for calculating the total profit or loss of trading positions with filtering by type and Magic Number.

Main function

Profit_Position(string p_l, string type_pl, long magicNumber)

Calculates the total profit or loss of positions.

Parameters:

• p_l - calculation type: "Profit" ( profit) or "Loss" ( loss)

• type_pl - type of positions: "All" , "Buy" , "Sell" , "Sell"

• magicNumber - filter by magic number (0 = all)

Returns: total profit/loss in deposit currency

Examples of use

// Profit sum of all items
double profitAll = Profit_Position("Profit", "All", 0);

// The amount of loss of BUY positions of the Expert Advisor with magik 123
double lossBuy = Profit_Position("Loss", "Buy", 123);

// The amount of profit of SELL positions
double profitSell = Profit_Position("Profit", "Sell", 0);

Practical application

For traders:

• Monitoring current results

• Analyse the effectiveness of strategies

• Riskcontrol

For developers:

• Riskmanagement in experts

• Creating trade reports

• Implementing closing conditions

Features

• Works only in MetaTrader 5

• Supports Magic Number filtering

• Returns amount in deposit currency

• Efficient position override

How to connect

#include <Profit_and_Loss_Positions.mqh>

// Use in expert code
double currentProfit = Profit_Position("Profit", "All", 123456);

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