TravaRisco Signal Checker Pro

Your indicator shows 81% winners on history. Could you really have taken those trades?

TravaRisco Signal Checker Pro tests any MT5 arrow indicator honestly. It is the full version of the free TravaRisco Signal Checker, with the tools that separate a real edge from a pretty chart.

What the Pro version adds

  • Signal delay correction. Many indicators (Fractals, pivots, swing arrows) draw their arrow a few bars after the move. The live repaint check measures this delay and tells you the value to use. With the delay set, every trade is entered at the price you could really have taken.
  • SL/TP optimizer with out-of-sample check. 25 combinations of stop loss and take profit are tested on the older part of history. The best one is then tested on the newer part it has never seen. If it fails there, the panel says so: the "best" setting was luck.
  • Multi-timeframe scan. The same settings on M5, M15, M30, H1 and H4 in one table. A result that works on a single timeframe is fragile.
  • Equity curve in R after costs, drawn in the panel.
  • CSV export of every simulated trade (entry, exit, R before and after costs, equity), ready for Excel.

Also included (as in the free version): entry at the next bar open, SL by points or ATR, TP by risk:reward, exit on opposite signal, results before and after spread, commission and slippage, win rate, profit factor, max losing streak, max drawdown, results by session (Asia, London, New York), and a live repaint check that counts signals that vanish or appear late.

Real example (screenshots): standard Fractals on XAUUSD M15. With delay 0 the history shows +263R, 81% win rate, profit factor 7.9. The tool detects that every signal appears 2 bars late. With delay 2 the same signals give -2.5R and 43% win rate. That is the truth a trader would have lived.

How to use

  • Indicator name exactly as in the Navigator (e.g. Examples\Fractals). Empty = built-in demo (EMA 20/50).
  • Choose the buy and sell buffer numbers (the panel shows how many values each buffer has), or read arrow objects from the chart.
  • Use the buttons Summary, Optimizer, Timeframes and Export CSV.
  • For the repaint check and delay measurement, run it on a live chart or in the Strategy Tester in visual mode.

Honest notes: this is a simulation on bar data, not a guarantee. If SL and TP are hit in the same bar it counts as a loss. Past results are not a promise of future results. The tool never opens trades.

Try the free TravaRisco Signal Checker first. Other TravaRisco tools: Real Cost Monitor (free), Daily Loss Lock, Trade Manager, Lot Calculator (free).

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Your demo account is lying to you. On a demo account your orders fill at the exact price you asked for. On a live account they don't. Spread widens at news time, commissions add up, and slippage quietly eats into every trade - and none of this appears clearly in the MetaTrader history. TravaRisco Real Cost Monitor shows you, on the chart, what trading this symbol really costs you. WHAT IT SHOWS 1. Spread Spread right now, in points, in price and in money for your reference lot Average spread: re
FREE
TravaRisco Signal Checker
Nuno Miguel Dourado Dos Santos
Does your indicator really work, or does it just look good on history? TravaRisco Signal Checker is a free, honest test for any MT5 indicator that draws buy/sell arrows. Put it on a chart, type the name of your indicator, and in seconds you see what its signals would really have done. What it shows Trade simulation on the last bars: entry at the next bar open, stop loss (fixed points or ATR), take profit by risk:reward, exit on opposite signal. Before and after costs : spread, commission and sli
FREE
TravaRisco Lot Calculator MT4
Nuno Miguel Dourado Dos Santos
Stop guessing your lot size. TravaRisco Lot Calculator shows the exact lot for your chosen risk, right on the chart. How it works: Type your risk % and stop loss in points on the panel. The indicator instantly calculates: Money at risk (in account currency) Loss per 1 lot at that stop loss Exact lot, rounded to your broker's volume step Real risk after rounding Works on forex, gold, indices and crypto, using your own broker's tick values. Panel in English or Portuguese. It does not open trades:
FREE
TravaRisco Real Cost Monitor MT4
Nuno Miguel Dourado Dos Santos
Your demo account is lying to you. On a demo account your orders fill at the exact price you asked for. On a live account they don't. Spread widens at news time, commissions add up, and slippage quietly eats into every trade - and none of this appears clearly in the MetaTrader history. TravaRisco Real Cost Monitor shows you, on the chart, what trading this symbol really costs you. WHAT IT SHOWS 1. Spread Spread right now, in points, in price and in money for your reference lot Average spread: re
FREE
TravaRisco Daily Loss Lock MT4
Nuno Miguel Dourado Dos Santos
One bad day can end a prop firm challenge. TravaRisco watches your account four times per second and acts before the rules are broken. New in v2.0 Prop firm presets: FTMO 2-Step, FTMO 1-Step, The5ers High Stakes, FundedNext Stellar 2-Step, or Custom. Choose one, enter your account size and the daily and max loss rules are set for you. Challenge tracker: profit target progress, minimum trading days and the best-day consistency rule, live on the panel. When the target and the minimum days are reac
TravaRisco Trade Manager MT4
Nuno Miguel Dourado Dos Santos
Open trades with the exact risk you want, in one click, and let the panel manage them for you. What it does Lot size calculated from your risk % and stop loss in points. BUY / SELL in one click, with stop loss and take profit (risk:reward) already placed. Automatic breakeven when profit reaches 1R, plus an offset to cover costs. Automatic partial close: closes 50% of the position at 1R. Trailing stop that starts after 1.5R. Buttons: Breakeven, Close 50%, Close all. Shows lot, risk amount, SL / T
TravaRisco Daily Loss Lock
Nuno Miguel Dourado Dos Santos
One bad day can end a prop firm challenge. TravaRisco watches your account four times per second and acts before the rules are broken. New in v2.0 Prop firm presets: FTMO 2-Step, FTMO 1-Step, The5ers High Stakes, FundedNext Stellar 2-Step, or Custom. Choose one, enter your account size and the daily and max loss rules are set for you. Challenge tracker: profit target progress, minimum trading days and the best-day consistency rule, live on the panel. When the target and the minimum days are reac
TravaRisco Trade Manager
Nuno Miguel Dourado Dos Santos
Open trades with the exact risk you want, in one click, and let the panel manage them for you. What it does Lot size calculated from your risk % and stop loss in points. BUY / SELL in one click, with stop loss and take profit (risk:reward) already placed. Automatic breakeven when profit reaches 1R, plus an offset to cover costs. Automatic partial close: closes 50% of the position at 1R. Trailing stop that starts after 1.5R. Buttons: Breakeven, Close 50%, Close all. Shows lot, risk amount, SL / T
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