Backtest Fimathe
- Indicators
-
Jean Charles Vilhena Maia
BOTS AND INDICATORS DEVELOPER
ENJOY THE FREE TESTS - FOR A LIMITED TIME ONLY
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I ASK FOR YOUR HELP IF YOU NOTICE ANY BUGS.
I WOULD APPRECIATE IT IF YOU COULD LEAVE A POSITIVE REVIEW. - Version: 1.9
Fimathe Market Opening — Visual Backtesting for MT5
Study Fimathe channel breakouts directly on your chart. Fimathe Market Opening reconstructs historical signals and provides statistics to help compare settings, targets, and setups with or without a reversal entry.
A tool designed to turn manual chart analysis into an organized visual study.
Key features:
• Automatic Opening Channel construction with a configurable number of candles, C1 projection, and channel splitting based on the selected size threshold.
• Visual entry, Stop Loss, TP1, TP2, and outcome markers.
• Two target calculation modes: channel multiples or multiples of the trade’s initial risk.
• Optional single reversal entry after a stop loss, with independent target settings.
• Summary showing initial entries, reversal entries, and combined results separately.
• Counts of take profits, stop losses, positive, negative, and flat daily closures, plus open signals and indeterminate cases.
• Monthly reports with average take-profit movements in points, risk units (R), and channel units (C), plus average stop-loss movements in points and R.
• Consecutive take-profit and stop-loss streak statistics, including the longest observed streak.
• Analysis of returns inside the channel before TP2, distinguishing confirmed pullbacks from cases with an unknown intrabar sequence.
• Use the chart timeframe or assign timeframes by weekday.
• Configurable session opening, time zone, daylight-saving adjustment, and daily closure.
• Adjustable history depth, visual customization, and optional terminal and push alerts.
Getting started:
Attach the indicator to a chart and configure the session time, operating timeframe, and price size of one point for the instrument. Set the channel formation, targets, stop loss, and reversal option. Use the panels to compare settings over the available history.
Backtest information:
This is a visual and statistical indicator: it does not place or manage real orders. TP1 is a visual reference; TAKE results are recorded at TP2. The study uses candle data and excludes execution costs. If SL and TP2 are reached within the same candle, the result is classified as indeterminate. Analysis coverage depends on available history and configured processing limits.
This version’s menus and panels are in Portuguese. Historical results do not guarantee future performance.
