Market / MetaTrader 4 / Utilities /

Backtest Assistant x IoTraders

30 USD

Demo downloaded: 1

Published: 28 August 2023

Current version: 1.40

Backtest Assistant x IoTraders

Utilities
Dennis Christian
Version: 1.40
Updated: 10 December 2023
Activations: 5

Simplify backtesting by automatically calculate trade outcomes (Profit or Loss) and estimated swap cost based on user-provided open, stop loss, and take profit prices, while also write the data into CSV file and capture before-and-after chart pictures automatically

This Backtest Assistant tool is an Indicator, so it works well in coexistence with other expert advisor on the same chart

$30 for the next 50 downloaders, next price: $45

Try Free Trial Version Here: Download Free Trial

Features:

Trade Result Calculation: Determine the outcome of a trade based on the open, stop loss, and take profit prices input

Trade Result Tie Breaker: Determine the outcome when a single candle touches both the Take Profit and Stop Loss prices by automatically examining the lower timeframe

Data Logging: Log all backtest data into a .CSV file (Open time, Close time, Open, SL, TP, Risk Reward Ratio, profit pips, swap cost, etc.)

Backtest Result Chart Screenshot: Capture opening chart and closing chart of each backtested trade data

Hide Background Objects: Objects on chart will not be shown in the chart screenshot (can be turned off in the "Inputs" section)

Swap Calculator: Estimate the swap cost (or gain) of the backtested trade (positive value means swap profit, and negative value means swap loss)

Farthest Take Profit Finder (optional): Find the farthest possible Take Profit Price based on Open Time, Open Price, and Stop Loss Price provided just in case You are unsure where to put the Take Profit Price

Risk-Reward Take Profit (optional): Set the Take Profit Price based on Risk-Reward Ratio by inserting the ratio number followed by 'r' in the Take Profit input, or predetermine the ratio in the "Inputs" section

Comment: Set a specific comment for each backtested trade

Line Function: Set Open, Stop Loss, and Take Profit Prices easily by dragging Horizontal Lines to the desired prices or candle structures (You can type them manually too if needed)

OHLC Line Magnet: Make the Horizontal Lines more attracted toward the Open, High, Low, or Close Price of the nearest candle to increase precision (can be turned off in the Inputs section)

Hotkeys: Execute functions by pressing keyboard keys to increase productivity and reduce mouse dragging time (can be turned off in the Inputs section)

(F=Show 3 Lines, D=Show 2 Lines, R=Log Trade Data, Z=Place/Delete Checkpoint Line, E=Shift the Chart towards the Checkpoint Line)

Checkpoint Line: Place a Checkpoint Line anywhere on the chart by hitting 'Z' key and then left-clicking a candle. Then, hit "E" key to return the chart view back to the Checkpoint Line whenever you get lost while scrolling through the chart

Adjustable Panel Size: Adjust Panel Size Scale via inputs section to easily fit your preferred display. There is minimize & maximize button too for you to see the covered part of the chart easily

Note: Make sure the CSV file is closed when logging data

How to Find the logged data and screenshots?

Run MetaTrader 4 -> File -> Open Data Folder -> MQL4 -> Files -> Backtest Assistant x IoTraders

For more Details, Watch the Tutorial Video below!

Disclaimer:

Any loss involving this trading tool is the sole responsibility of the User, and not the responsibility of the Creator of this trading tool.
The backtest data can only be written when the .CSV file is closed.
The precision of open and close times is determined by the chart timeframe. For example, in a 1-hour chart, the times will only be written with hour-level precision.
The displayed swap cost in the data is just an approximation and could potentially differ from the actual value.

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This is an additional Tool for Line Alarm Tool for sending Telegram Notification when price reaches a Horizontal Line Line Alarm Tool is an indicator so it can work in coexistence with Expert Advisor, but Sending Telegram Message from MT4 can only be performed by an Expert Advisor. Thus, this additional tool was created. Get the Line Alarm Tool here: https://www.mql5.com/en/market/product/81723 How to Use: Open: Tools -> Options -> Expert Advisors -> Allow WebRequest for listed URL

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A Trading Assistant EA that can place order at user's desired open, stop loss, and take profit prices with automatically calculated lot size based on user's risk per trade . $30 for the next 50 downloaders, next price: $45 Try it out on demo account for free: Download Demo Features: Smart Place Order : Automatically determine the Type of Order (Market/Stop/Limit & Buy/Sell) to be placed based on Open, and Stop Loss Price input, then execute it immediately Risk Manager : Set your risk of lo

30 USD

A tool to notify You via MT4 Mobile App messages, Telegram, and Email when price reach certain Horizontal Line that You place This Line Alarm tool is an Indicator, so it works well in coexistence with other expert advisor on the same chart $30 for the next 25 downloaders, next price: $45 Try it out on demo account for free: Download Demo Features: Line(s) Notification : Place Horizontal Line(s) and be notified when the Price reach them OHLC Line Magnet : Make the horizontal lines more

30 USD

A script to open and Close charts of multiple pairs instantly with custom template $30 for the next 50 downloaders, next price: $45 Features: Chart Opener : Open chart(s) of multiple pairs simultaneously Template Opener : Load any User specified template (.tpl) to the opened chart(s) Chart Closer : Close chart(s) of multiple pairs simultaneously Disclaimer: Any loss involving this trading tool is the sole responsibility of the User, and not the responsibility of the Creator of this t

30 USD

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Version 1.40 2023.12.10

Added comment feature
Added a feature to set Take Profit Price using the Risk-Reward Ratio

Version 1.30 2023.11.14

Added Fix Take Profit in the "Inputs" section

Version 1.20 2023.10.25

Hide all objects while screenshotting feature added
Bug Fixed

Version 1.10 2023.08.29

Added adjustable timeout time in the Inputs section in case an error happens