Explore the latest free tools from the MQL5 community. Here's a new indicator, expert advisor, or script for MetaTrader.
The script displays the ratio between the sum at the end of the period and the current sum, i.e. how many times it is increased/decreased.
The properties window will appear as soon as you launch it:
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In this example we specify: i=0.3 (i.e. 30%), n=12 (the number of periods of charging), method=2 - on default, and we don't specify anything in the m field (it is used only when calculating the nominal interest rates).
The result:
I.e. if the interest rate is equal to 30% a month and charging is performed by the complex interset rate, then the deposit will be increased more than 23 times after a year.
You can read the additional information about the rates here: https://en.wikipedia.org/wiki/Interest_rate.
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