ProFactor MT5

ProFactor is an indicator generating signals based price on the famous profit factor formula.

The calculation  is simply defined as gross GREEN BARS divided by gross RED BARS.
That's it in a nutshell, but sometimes the simplest things hold the most value.
So let's imagine your trading system's gross profit for the past year was $40,000 and your gross losses were $20,000. Your Profit Factor would be 2.

The ProFactor calculation works on the price of the asset instead of the strategy outcome.

You can change the cross ratio to move the signal, and the number of bars in the calculation. and filter false signals that to ignore. 

SETTINGS

  • nBarsNewSignalDelay - delay false signals
  • Control Ratio = 1.1  -  Drawing arrows on the chart when ratio is crossed.
  • RatioBars = 30 . How many bars in the calculation of the ratio.
  • Alerts - on off audible alerts.
  • E-mail notification - on off. email notifications.
  • Puch-notification - on off. Push notifications.
  • Next, adjust the color gamut.


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A new King in town - Indicator + Order management indications(tp1+tp2+tp3) + Optional Telegram Signal sender   INCLUDED (FREE) ( FULL TRADING  and SIGNAL SYSTEM ) Our best EA for Gold: Gold Slayer  This indicator includes an advanced Strategy, a trading system with customisable order management and a mean reversion system that combines envelope extensions, backed by multiple intelligent confirmation filters like RSI to catch high probability reversal entries with BUY and SELL signals . The indi
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FX Trend NG: The Next Generation Multi-Market Trend Intelligence Overview FX Trend NG is a professional multi-timeframe trend and market monitoring tool designed to give you a complete structural overview of the market in seconds. Instead of switching between dozens of charts, you instantly see which symbols are trending, where momentum is fading, and where strong alignment exists across timeframes. This tool is part of the Stein Investments ecosystem - 18+ tools plus Max, your 1-on-1 AI tradi
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