Question: How to calculate Profit/Loss and Margin Level on MT4 platform?
You can calculate profits or losses on your position by using the following formulas:
For Buy Positions: Profit/Loss = Position Volume × (Close Price – Open Price)
For Sell Positions: Profit/Loss = Position Volume × (Close Price – Open Price)
You may also use “Profit/loss calculator” in the official website.
Calculation of Margin Level
Margin level is the relation of the sum of the balance and profit/loss of the open positions towards the margin value.
The sum of the balance and profit/loss of the open positions is called Equity.
The formula of calculating Margin Level is:
Margin level percentage = Equity/Margin * 100 %