The Show Pips MT5 indicator is a valuable tool for Forex traders, providing comprehensive trade statistics such as profit/loss in pips, percentages, and dollar value. It also shows the spread and remaining time for the current candle. This indicator is easy to install, free to download, and beneficial for both new and experienced traders. However, it doesn't display loss/profit in pips for each position separately if there are multiple open positions in the same currency pair. Overall, it aids in effective account and risk management by offering clear, concise trade information.t