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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    Haidar Lionel Haj Ali
    5 (8)
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    Sergey Batudayev
    4.09 (11)
    Da Telegram a MT4: la soluzione definitiva per la copia del segnale Semplifica il tuo trading con   Telegram su MT4   , l'utility all'avanguardia progettata per copiare i segnali di trading direttamente dai canali e dalle chat di Telegram sulla tua piattaforma MetaTrader 4, senza bisogno di DLL. Questa soluzione affidabile garantisce un'esecuzione impeccabile dei segnali con una precisione e opzioni di personalizzazione senza pari, risparmiando tempo e aumentando la tua efficienza. [ Instruction
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    Siarhei Vashchylka
    5 (9)
    Trading History - A program for trading and money management on the history of quotes in stratagy tester. It can work with pending and immediate orders, and is equipped with trailing stop, breakeven and take profit functions. Very good for training and testing different strategies. Manual (Be sure to read before purchasing) Advantages 1. Allows you to test any trading strategy in the shortest possible time 2. An excellent simulator for trading training. You can gain months of trading experience
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    MACD Divergence Scanner is a multi-timeframe and multi-symbol dashboard and alert that checks all timeframes and symbols to find regular and hidden divergences between price chart and MACD indicator. This divergence scanner is integrated with support and resistance zones so you can check the MACD divergences in the most important areas of the chart to find trend reversals in the price chart. Download demo version   (works on M 1,M5,M30,W1   timeframes) Full description of scanner parameters ->  
    King Trade Copier MT4
    Mohammed Maher Al-sayed Mohammed Ahmed Saleh
    King Trade Copier MT4 – Lightning-Fast Local Trade Copier (Master + Slave in ONE file) King Trade Copier is a professional local trade copier that mirrors every trading action from one Master account to unlimited Slave accounts on the same PC or VPS — with an internal copy latency of just a few milliseconds. It was built by a real trader for daily real-money use, with one goal: whatever happens on the Master must happen on the Slave, instantly and without exceptions. Watch the demo video to s
    Che cos’è Telegram to MT4 Pro? Telegram to MT4 Pro copia automaticamente i segnali da canali e gruppi Telegram privati, pubblici e limitati direttamente sul tuo account MetaTrader 4 . Telegram to MT4 Pro è un copiatore di segnali professionale che copia automaticamente i segnali di trading da qualsiasi canale o gruppo Telegram direttamente sul tuo account MetaTrader 4 in tempo reale, con pieno controllo su ogni operazione. Il sistema è composto da due parti che lavorano insieme: Questo Expert Ad
    SmartFastTrade AI
    Muhammad Faisal Sagala
    Transform Your Trading with SmartFastTrade AI: Speed and Ease at Your Fingertips! Introduction Are you a trader struggling with slow order execution? Do you want a tool that can assist you in making quick and accurate trading decisions? If yes, then SmartFastTrade AI is the answer to all your trading needs. With its unique combination of speed, user-friendliness, and advanced features, SmartFastTrade AI will help you unlock your full trading potential. Let's delve deeper into why this innovativ
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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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