The Thiago Indicator for MetaTrader 5 is not a traditional buy/sell signal tool. Instead, it’s a comprehensive trade management and risk visualization dashboard that provides full situational awareness directly on your chart. By aggregating key trading variables into a single, clean interface, it allows traders to make decisions grounded in data rather than emotion.
This tool is particularly valuable for traders managing multiple positions, using leverage, or trading with significant volume, where understanding risk and performance is critical.
How the Thiago Indicator Works
- Equity and balance tracking: Displays current account balance, equity, and floating profit/loss.
- Margin and leverage visualization: Shows margin usage and how leverage impacts your positions in real time.
- Risk-based position sizing: Calculates suggested position sizes based on predefined risk parameters.
- Market activity metrics: Includes daily and weekly ranges, swap impact, and spread conditions to assess trade feasibility.
- Alerts for exposure: Highlights situations where equity drawdown or margin usage exceeds limits, serving as a red flag to reduce exposure.
Rather than generating classic trading signals, Thiago Indicator guides decision-making by showing whether the current market environment aligns with your risk plan and strategy.
Benefits for Traders
- Provides real-time situational awareness for all open trades
- Improves discipline by visualizing risk, leverage, and drawdowns
- Reduces emotional decision-making during volatile sessions
- Supports multiple positions and complex trade management strategies
Conclusion
The Thiago Indicator for MT5 is a professional-grade trade analytics and risk management tool. By consolidating equity, margin, performance, and market data into a single dashboard, it allows traders to stay fully informed and make decisions with confidence. Ideal for leveraged accounts, multiple positions, or active traders, this indicator emphasizes risk control, transparency, and performance tracking, giving you a practical edge in real-world trading.
