Equity Line Projection

Category: market_structure

An interactive utility that projects the account equity and floating P&L based on a draggable horizontal price line, accounting for open positions on the current symbol.

Formula

ProjectedEquity = AccountEquity() + \sum (Lots \times PriceDifference \times PointValue) \\ \text{where PriceDifference is (ProjectionPrice - CurrentBid) for Buys and (CurrentAsk - ProjectedAsk) for Sells.}

Inputs

• UpdateFrequency (default: 1)
• LineColor (default: clrDodgerBlue)
• LineWidth (default: 2)
• LineStyle (default: STYLE_SOLID)
• ShowLabel (default: true)
• InitialPriceOffset (default: 50)

See signal primitives and every published strategy that uses Equity Line Projection on WOBR StrategyVerse.