Simple Drawdown Tracker

Simple Drawdown Tracker

SimpleDD Tracker is a lightweight MetaTrader 5 utility that displays your current floating drawdown (DD%) directly on the chart in a clean, always-visible label with a dedicated background panel.

This tool is designed for traders who want real-time drawdown awareness while trading manually or using Expert Advisors, without cluttering the chart or relying on external dashboards.

Unlike generic drawdown indicators, SimpleDD Tracker includes a dedicated option to exclude broker credit from equity calculations, so the displayed drawdown is based on your net equity (equity minus credit), giving you a more realistic risk view when trading on accounts with promotional/bonus credit.

Key Features

• Real-time floating drawdown display (DD%)

• Clean chart label + separate background rectangle

• Credit exclusion option

  • Useful for accounts with broker credit/bonus (drawdown based on Equity − Credit)

• Customizable design

  • Font size, text color, background color, border color

  • Adjustable screen position (X/Y distance)

• Low CPU usage

  • Updates via timer (every X seconds), not on every tick

• Works with any symbol / timeframe

  • Attach to one chart and keep it running

What It Shows

• DD% = how much your net equity is below balance in real time

• If net equity is above balance, DD is shown as 0.00% (no drawdown)

Recommended Use

• Manual trading sessions (scalping / day trading / swing)

• Prop firm accounts (for strict risk control)

• Monitoring EA exposure and recovery phases

• Keeping drawdown visible at all times to prevent emotional overtrading

Setup

• Platform: MetaTrader 5

• Attach the EA to any chart (it does not trade)

• Configure:

  • UpdateSeconds (refresh rate)

  • CreditAmount (broker credit to exclude)

  • Visual settings (font/background/position)

Important Notes

• The tool reads:

  • Balance

  • Equity

  • Calculates net equity = Equity − CreditAmount

• If your broker credit changes over time, update CreditAmount accordingly for accurate results.

DISCLAIMER