Signal Verdict Pro
- Experts
-
Kay Zaremba
Trader and MQL4 / MQL5 / Pine Script developer behind trader.lifestyle.
YouTube: youtube.com/@traderlifestyle
What I do:
• Build free indicators and Expert Advisors for MT4, MT5
• Turn strategies from YouTube videos, TradingView scripts and forum posts into working code - Version: 1.0
- Activations: 5
Signal Verdict Pro reads the indicators that are already on your chart, finds the signal that just fired and gives it a verdict: does this signal have substance, or is it noise? Every signal gets a score from 0 to 100 from 17 scenario checks, the indicator's own track record on this chart and a live repaint test.
You keep your indicators and your strategy. Signal Verdict Pro adds the second opinion: STRONG, VALID, WEAK or REJECT, with the reasons for and against the trade.
■ Works with the indicators you already use
- Built-in indicators – Moving Average, MACD, RSI, Stochastic, CCI, Bollinger Bands, Envelopes, Parabolic SAR, Ichimoku, Alligator, Fractals, AO, AC, OsMA, Momentum, DeMarker, RVI, ADX, MFI and more
- Custom indicators – arrows, colour changes, trend states, up/down line switches, line crosses, band re-entries, oscillator levels and zero-line crosses are recognised automatically from the indicator buffers
- Signal objects – arrow and text objects that indicators draw on the chart
- Horizontal lines and zones – your own lines and rectangles: breakout and rejection signals, and they are used as support / resistance in the verdict
- Indicators are read exactly as they sit on the chart, with your inputs. Add or remove one and the EA picks it up within a second.
■ 17 scenario checks
| Trend | EMA 50 / 200 on this chart and on two higher timeframes (last completed candle only, no look-ahead) |
| Structure | Higher highs / higher lows, lower highs / lower lows and breaks of the last swing |
| Momentum | RSI and MACD histogram, overextension from the EMA 20, RSI divergence |
| Market regime | ADX trend strength (trend signals and reversal signals are judged differently) and volatility percentile |
| Location | Room to the next unbroken swing level or chart line, position in the 50-bar range |
| Candle and volume | Body, close near the extreme, tick volume against its average |
| Confluence | Do the other indicators on the chart agree? |
| Track record | How often this indicator's past signals on this chart reached the target before the stop. Only signals that were resolved before the judged signal count. |
| Costs | Spread compared to ATR and the activity of the current hour |
| Repaint / lag test | The EA watches every indicator live. Signals that move, disappear or appear late are flagged and the score is capped. |
Red flags cap the score: a repainting indicator, a trade straight into a level, a signal against every trend, or a spread that is too wide.
■ Animated dashboard
- VERDICT – indicator, direction, score gauge, the strongest pros and cons. Browse older signals and see whether they worked.
- SCENARIO CHECKS – all 17 checks with bars and values. Hover any row for an explanation.
- SCENARIO MATRIX – win rate of the indicator's past signals per scenario: with or against the trend, trending or ranging market, room to the next level, volatility. It also shows whether VALID signals did better than REJECT signals.
- INDICATORS – every source found with its last signal. Click a row to pin that indicator.
- AUTO TRADER – all trade settings and the live status
- Score tags at the signals on the chart
- Show or hide each block with one click. Drag the panel anywhere. Close it to a small pill.
■ Alerts
Popup, sound, push notification and e-mail for every new signal, or only for signals above a minimum score. The alert text contains the score, the verdict and the three strongest pros and cons.
■ Optional auto trading (off by default)
- Trade only signals from a minimum score, optionally only from selected indicators
- Lot size fixed or as risk % of the balance
- Stop loss and take profit in ATR or in pips
- Trailing stop (pips or ATR) with start and step, break-even with offset
- News filter with the MetaTrader 5 economic calendar: no new trades before / after high-impact news, optional close before the news
- Trading hours (also over midnight) and trading days
- Basket mode: several positions per direction with minimum distance, basket take profit and stop loss
- Close on an opposite signal, maximum spread filter, magic number
■ Strategy Tester
The Strategy Tester has no chart indicators. Put the indicators you want to test into the input Extra indicators, for example MACD, RSI(14), BANDS(20,2), EMA(20), STOCH(5,3,3), SAR, MyIndicator(14,2.5). If the list is empty, the tester judges MACD, RSI, Stochastic and Parabolic SAR. In the tester the EA trades the judged signals with your auto trading settings, so you can backtest the verdict (input Strategy Tester: trade the judged signals).
■ How to start
- Open a chart with your indicators.
- Attach Signal Verdict Pro. It reads the indicators and judges the latest signal right away.
- Hover the rows to see why the score is high or low.
- Optional: set alerts for signals with a score of 55 or higher, or switch on auto trading.
■ Notes
- Works on all symbols and timeframes.
- Score bands: 70+ STRONG, 55+ VALID, 40+ WEAK, below 40 REJECT (all adjustable).
- Custom indicators that only draw objects are read through their arrow objects.
- A high score improves the odds of a signal. It does not guarantee a winning trade. Always test new settings on a demo account first.
