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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    Fatemeh Ameri
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    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
    Multi Account Local Trade Copier è un copiatore locale veloce per MetaTrader: copia le operazioni tra terminali MT4/MT5 sullo stesso PC o VPS Windows, da un conto master a più conti ricevitori — i tuoi conti reali, demo o prop firm, presso lo stesso broker o presso broker diversi. Funziona a eventi : il master pubblica ogni operazione nell'istante in cui avviene, e il ricevitore misura e registra la latenza di copia reale di ogni singola operazione — tipicamente 50-150 ms . Niente DLL, niente po
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    The product will copy all telegram signal to MT4   ( which you are member  ) , also it can work as remote copier.  Easy to set up, copy order instant, can work with almost signal formats, image signal, s upport to translate other language to English Work with all type of channel or group, even channel have "Restrict Saving Content", work with  multi channel, multi MT5 Work as remote copier: with signal have ticket number, it will copy exactly via ticket number. Support to backtest signal. How to
    KT Equity Protector MT4
    KEENBASE SOFTWARE SOLUTIONS
    3.75 (4)
    An equity protection EA for MetaTrader that enforces your loss limits and profit target for you: when your account reaches a rule you set, it closes your trades on every symbol, before one bad day turns into a lost account. It suits prop firm challenges and personal accounts alike. Attach it to one chart, answer a few questions in the on-chart setup wizard, and it watches your whole account in the background while you trade by hand or with other EAs. What it protects Daily loss limit: a percenta
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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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    5 (1)
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    Strategy Builder offers an incredible amount of functionality. It combines a trade panel with configurable automation (covert indicators into an EA), real-time statistics (profit & draw down) plus automatic optimization of SL, TP/exit, trading hours, indicator inputs. Multiple indicators can be combined into an single alert/trade signal and can include custom indicators, even if just have ex4 file or purchased from Market. The system is easily configured via a CONFIG button and associated pop-up
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    Eric Emmrich
    5 (31)
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    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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