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Indicator Profitability Check

Introduction:

You can download free version from here: https://www.mql5.com/en/market/product/45252

Indicator Profitability Check is a custom script which will check the profitability of a buy-sell arrow based custom indicator’s signal profitability. So traders who are very confusing for a buy-sell arrow based custom signal indicator, should it test/use in live/demo account, then they now can make their decision very quickly by checking this profitability process with this script. This checking process is very easy and user friendly. It takes up to few seconds to process a check. This script has multiple checking methods. So that user can complete all methods within a minute. After completing all checking methods, traders can strongly decide that the signal indicator should test/use in a live or demo account or not.

If you don’t know your indicator’s signal buffer number, then please insert your buy-sell signal indicator into the chart. Now please look on your chart and find out buy/up signal and sell/down signal color and match them with indicator's properties color tab.

Parameters:

  • 01 Indicator Name: Please write your signal indicator name here properly. Suppose your indicator name is “3 MA Cross Over”. So write this in the box accurately.
  • 02 Buy/Up Buffer Number: Please write your buy/up buffer number here.
  • 03 Sell/Down Buffer Number: Please write your sell/down buffer number here.
  • 04 Result By: Result can be found by counting day or week or month. From this drop down menu, please select your desire format.
  • 05 Day/Week/Month Quantity: Please change this value for step–04 as per your requirement.
  • 06 Result Type: If you select “Normal” option, then buy signal will count as buy order and sell signal will count as sell order. If you select “Reverse” option, then buy signal will count as sell order and sell signal will count as buy order.
  • 07 Close System: If you select “Next Signal”, then every signal will close to next opposite signal. If you select “Fixed SLTP [08, 09]”, then you need to set stop loss and take profit pips in step–08 and 09. If you select “Candle SL & Percent TP [10, 11, 12]”, you need to set step–10, 11 and 12. If you select “Candle SL & Fixed TP [09, 10, 11]”, then you need to set step–09, 10 and 11.
  • 08 Stoploss Pips: Please set stop loss pips for close system “Fixed SLTP [08, 09]”.
  • 09 Takeprofit Pips: Please set take profit pips for close system “Fixed SLTP [08, 09]” or “Candle SL & Fixed TP [09, 10, 11]”.
  • 10 Candle Count For SL: Please set candle quantity for close system “Candle SL & Percent TP [10, 11, 12]” or “Candle SL & Fixed TP [09, 10, 11]”. This value will find the candle which has highest/lowest price to calculate stop loss.
  • 11 SL Adjust Pips: This pips value will adjust to stop loss price for close system “Candle SL & Percent TP [10, 11, 12]” or “Candle SL & Fixed TP [09, 10, 11]”.
  • 12 TP Percent of SL: Please set take profit percent of stop loss, if you select close system of “Candle SL & Percent TP [10, 11, 12]”.
  • 13 Signal Time Zone: If you want to check result with only selected time, then please select time zone and then set options 14 and 15. You can select “Server Time Zone” or Local Time Zone or “Greenwich Mean Time Zone” (GMT) from here.
  • 14 Signal Start Time: This option is related to Signal Time Zone. If you want to check result with only selected time, then please set your signal start time (hh:mm) here.
  • 15 Signal Stop Time: This option is related to Signal Time Zone. If you want to check result with only selected time, then please set your stop time (hh:mm) here. Please note that, signal stop time must be greater than signal start time. 
  • 16 Print Every Signal Details: If you want to know every signal’s time, open price, close price, stop loss price and take profit price, then please make this option true. You will find print result in “Experts” tab of your terminal.
  • 17 Display Seconds: Check result will display on chart for 3600 seconds (1 hour). But you can change this value (seconds) from here.
  • 18 Dash Board Color: If you want to change displayed dash board color, please change it from here.
  • 19 Text Color: If you want to change displayed text color, please change it from here.



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    Evgenii Aksenov
    5 (6)
    Utilities
    This utility will allow you to copy any trades from one terminal with the Master setting to other terminals with the Slave setting At the same time, you can choose which pairs to copy, set the size of the copied order by several parameters. Set the limit losses by DrawDown or copy only profitable trades You can copy deals from MT4/MT5 to MT4/MT5 other brokers Now it will not be difficult to copy the signals of any Expert Advisor working in MT4 to the MT5 terminal or back Use Copy Master to copy
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    Lukas Roth
    5 (4)
    Utilities
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    Noha Mohamed Fathy Younes Badr
    5 (7)
    Utilities
    Hi, all.  News trapper EA It is an expert for trading news very safe expert  put Settings interest rate only or high impact news for Automated Trading on the news of the economic calendar. It shows stable trading during last 10  years. EA doesn't use dangerous technologies like martingale, grid. The Expert is very simple to use. The program contains flexible settings In the terminal settings, you need to add the news site to the list of allowed URLs. Click Tools >Options > Expert Advisors. Che
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    Quang Dung Pham
    5 (2)
    Utilities
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    Kaijun Wang
    5 (18)
    Utilities
    [跟单系统] T he most friendly Copier interactive interface, the most abundant easy-to-use functions, and the best Copy solution.    EASY   : Easy to use, load and select the Master or SLAVE to use easily  FAST:   Quickly copy orders, algorithmic optimal follow-up mechanism, priority calculation of new signals, priority queue processing received special signals Multiple:   1. Support multiple signals to be sent at the same time, multiple accounts can select multiple accounts to copy at the same time
    VirtualTradePad mt4 Extra
    Vladislav Andruschenko
    4.86 (63)
    Utilities
    Trading Panel for trading in 1 click.  Working with positions and orders!  Trading from the chart or the keyboard. Using our trading panel, you can trade in one click from the chart and perform trading operations 30 times faster than the standard MetaTrader control. Automatic calculations of parameters and functions that make life easier for a trader and help a trader conduct their trading activities much faster and more conveniently. Graphic tips and full information on trade deals on the chart
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    Eric John Pajarillaga Aldana
    5 (4)
    Utilities
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    Vu Trung Kien
    4 (8)
    Utilities
    Unlimited Trade Copier Pro is a tool to copy trade remotely to multiple MT4, MT5 and cTrader accounts at different computers/locations over internet. This is an ideal solution for you if you are a signal provider and want to copy your trades to other receivers globally on your own rules. One provider can copy trades to multiple receivers and one receiver can get trade from multiple providers as well. The provider can even set the subscription expiry for each receiver, so that receiver will not b
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    BLAKE STEVEN RODGER
    4.67 (3)
    Utilities
    This EA Utility delivers a robust solution for managing an unlimited array of open orders, both manual and automated. It enables customizable partial profit levels utilizing metrics such as pips, ratios, ATR (Average True Range), and profit amounts for precise trade management. The utility features an advanced on-screen display, offering clear visualization of all orders and their profit levels to enhance strategic decision-making and control. To evaluate its performance and interface, the EA s
    Fast Keyboard Orders MT4
    Maksim Dmitriev
    5 (2)
    Utilities
    Warning, this EA won't work on Tester, only on demo or real accounts, contact me if you want try demo https://www.mql5.com/en/users/abudabi MT5 Version Send(place) orders in MetaTrader 4 from keyboard and mouse: Move cursor over desired price, press key: Buy market: E Buy Limit: A Buy Stop: Z Sell Market: Q Sell Limit: D Sell Stop: C (Keys customizable) When order is sent(placed) Fast Keyboard Orders MT4 can manage order by: Stop Loss Take Profit Trailing Stop Loss Breakeven If you wa
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    IPC Free
    Tanvir Ahmed
    Utilities
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