Equity Curve Tracker MT5 Indicator

Overview

Equity Curve Tracker is a unique MT5 indicator that plots your live account equity curve directly onto any chart, giving you instant visual feedback on your trading performance. With built-in drawdown tracking, recovery metrics, and equity target visualization, this tool helps you stay disciplined and focused on long-term growth.

DarkWolf MT5 AI Robot integrates concepts from this indicator into its automated trading engine. While this free tool helps manual traders analyze the market, our AI-powered robot executes trades automatically using similar logic across XAUUSD, EURUSD, GBPUSD, US30 and more — with a verified 78.4% win rate on gold.

Key Features

• Live equity curve plotting on chart
• Current drawdown percentage display
• Recovery factor calculation
• Equity high watermark tracking
• Daily/weekly equity change metrics
• Visual alert when drawdown exceeds threshold

How It Works

The indicator connects to your MT5 account equity data in real-time and plots it as a line graph on your chart. It calculates your peak equity (high watermark) and continuously computes your current drawdown from that peak. The recovery factor shows how many times your current equity is above your largest historical drawdown. When drawdown exceeds your preset limit, a visual warning appears.

Best Trading Pairs & Instruments

All traders who want to keep performance metrics front-and-center. Essential for prop firm traders with strict drawdown rules.

This indicator performs exceptionally well when combined with the DarkWolf MT5 EA, which uses similar logic to automatically trade these same instruments 24/5. Whether you prefer manual analysis or fully automated execution, the underlying market principles remain the same.

Recommended Timeframes

Any (equity data is account-based, not timeframe dependent)

For best results, match your timeframe to your trading style. Scalpers should use lower timeframes (M5-M15), while swing traders benefit from H1-H4 analysis. The DarkWolf MT5 EA automatically adjusts its analysis across multiple timeframes simultaneously.

Installation Guide

Copy to MT5 Indicators folder. Attach to any chart. Set your maximum allowed drawdown percentage in the Inputs tab. The indicator works with all account types.

System Requirements:

• MetaTrader 5 build 4000 or later
• Windows 10/11 or Mac with Wine
• Min 4GB RAM recommended
• Stable internet connection for real-time data