MT5 Indicator Performance Meter

Specification

Hi,

I want to have an MT5 Indicator which should have below mentioned functions. Objective is to know the performance of any Indicator already in MT5's Indicators Folder:

1. In Input I should be able to write the Indicator file name which is already in Indictors folder.

2. Buy and Sell buffer numbers can be written in inputs for the Indicator whose performance is to be checked

3. Checking Method : The Checking method selection option for Intrabar or NewBar. Intrabar is when a Indicator signal came above or below of a candle then the same candle is to be checked for measurement of Accuracy like whether it is ITM or OTM. Example if its a BUY Signal below a candle then In Intrabar same candle has to be considered as Bullish then its an ITM and if Measurement method is NewBar then the next Candle hs to Bullish for an ITM Count. Similarly for a SELL Signal above Candle, Intrabar Measurement Method should consider the same Candle to be bearish for an ITM and if its Bullish then its and OTM and if Doji then ATM and NewBar should check the next Candle.

4. Martingale method : As some signals will be OTM so what will be the basis of counting Martingale method (2 types) : Next Signal or Next Bars to check till when it reaches ITM.
Like, If during the Signal checking its an OTM then Martingale should be considered till its an ITM. Objective is to know How many Martingale some signals need to be ITM. Like one Signal is OTM and if Martingale method is Next Signal then in how many next signals reaches the direct ITM. If its a direct ITM so ITM Count increments by one and if its Mart-3 which became an ITM then Mart-3 gets a Count and the direct one will count as ITM readily and in between signals which took Mart-2 and Mart-1 will also increment with 1 as they also took some Signals to reach ITM. So Whether its Next Continuous Candles to be checked to reach ITM or next upcoming Signals to be checked for reaching a ITM has to be known.

5. On Chart table for showing the Count of ITM or OTM and Upto 10 Martingale Steps Counts( Mart-1, Mart-2, Mart-3, Mart-4, Mart-5, Mart-6, Mart-7, Mart-8, mart-9 and Mart-10 ).

6. The On Chart Marking Above the Sell Signal and Below the Buy Signal for Tick mark or Cross mark if its Counted as ITM or OTM directly and if its going to Martingale then How many steps till it reaches ITM should be indicated with some number above the tick or cross mark so that how many Martingale steps taken can be known (tracking for max 10 Martingale steps with the Martingale counting method selected in inputs).



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Published: 24 articles, 1882 codes
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