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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    Do Thi Phuong Anh
    Lot Architect — Trade Panel and Position Size Calculator for MT4 Lot Architect is a trade panel and risk-based position size calculator for MetaTrader 4. It helps calculate lot size from the selected risk, displays trade parameters before entry, and supports Market, Limit and Stop orders from the chart. The utility is designed for traders who want a structured workflow for position sizing, stop-loss placement, take-profit planning and order execution. Purpose Before opening a trade, a trader nee
    EA Local Trade Copier Pro MT4: The Ultimate DLL-Free Trade Duplicator Are you tired of complicated trade copiers that require unsafe external DLLs, crash your terminal, or confuse you with separate "Master" and "Client" files? Experience the next generation of trade copying with EA Local Trade Copier Pro MT4. Engineered for maximum stability, lightning-fast execution, and ultimate simplicity, this utility allows you to seamlessly copy trades between multiple MetaTrader terminals on the same Wind
    Il MT4 to Telegram Signal Provider è uno strumento facile da usare e completamente personalizzabile che consente l'invio di segnali a Telegram, trasformando il tuo account in un fornitore di segnali. Il formato dei messaggi è completamente personalizzabile! Tuttavia, per un uso semplice, puoi anche optare per un modello predefinito e abilitare o disabilitare parti specifiche del messaggio. [ Dimostrativo ]  [ Manuale ] [ Versione MT5 ] [ Versione Discord ] [ Canale Telegram ]  New: [ Telegram To
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    Alexey Valeev
    4.8 (5)
    This trading panel has been developed for fast and comfortable operation of the financial markets. It is equipped with the necessary functions for manual and semi-automated trading. Due to the presence of the order trailing feature, trailing stop and automatic closure by equity, profit, time. You can use it to automate your trading system. All you have to do is open a position and set the parameters for maintenance, everything else will be handled by the EA. If you want to limit your losses, set
    LMBFWatchlist is an interactive tool for Metatrader 4 that lets you create and manage watch lists directly on your Metatrader charts. ‌Functionality includes: ‌Add an unlimited number of watch lists with names of your choice Add different groups of watchlists for different time frames Add comments for symbols that always appear on the chart when that symbol is selected. Easily identify which symbols have comments against them. See watch lists instantly synchronise across all open charts that hav
    PZ Trade Pad Pro MT4
    PZ TRADING SLU
    3.67 (3)
    Effortlessly calculate lot sizes and manage trades to save time and avoid costly errors The Trade Pad Pro EA is a tool for the Metatrader Platform that aims to help traders manage their trades more efficiently and effectively. It has a user-friendly visual interface that allows users to easily place and manage an unlimited number of trades, helping to avoid human errors and enhance their trading activity. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] One of the k
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    Vu Trung Kien
    4.43 (7)
    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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    Kyra Nickaline Watson-gordon
    5 (7)
    Smart Copy is an Easy-to-Use EA that supports Multi Copying Metatrader4 and Metatrader5 and Local/Remote Copying. (Remote Version is coming soon) Free version is available on Smart Copy Local Free MT4 Specifications :     Real Time, Multi Terminal - Multi Account - MT4/MT5 trade copying     Copy from netting to hedge and hedge to netting is supported.     Fast and instant copy     All settings are input visually.     Easy modifying symbol names, prefix, suffix     Enable/Disable copying s
    Altri dall’autore
    IPC Free
    Tanvir Ahmed
    Indicator Profitability Check   Introduction: IPC means "Indicator Profitability Check". Some features will be locked in free version. Also you cannot check result more than 1 month. For paid version, please visit:  https://www.mql5.com/en/market/product/45247 Here 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 indicato
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