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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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    The most advanced news filter and drawdown limiter on MQL market NEW: Take a Break can be backtested against your account history! Check the " What's new " tab for details. Take a Break has evolved from a once simple news filter to a full-fledged account protection tool. It pauses any other EA during potentially unfavorable market conditions and will continue trading when the noise is over. Typical use cases: Stop trading during news/high volatility (+ close my trades before). Stop trading when
    Il MT4 to Discord Signal Provider è uno strumento facile da usare e completamente personalizzabile, progettato per inviare segnali di trading direttamente a Discord. Questo strumento trasforma il tuo account di trading in un efficiente fornitore di segnali. Personalizza i formati dei messaggi secondo il tuo stile! Per facilitarne l'uso, seleziona tra i modelli pre-progettati e scegli quali elementi del messaggio includere o escludere. [ Demo ] [ Manuale ] [ Versione MT5 ] [ Versione Telegram ]
    Copia i segnali da qualsiasi canale di cui sei membro (inclusi quelli privati e restrittivi) direttamente sul tuo MT4.  Questo strumento è stato progettato con l'utente in mente offrendo molte funzionalità necessarie per gestire e monitorare le negoziazioni. Questo prodotto è presentato in un'interfaccia grafica facile da usare e visivamente attraente. Personalizza le tue impostazioni e inizia a utilizzare il prodotto in pochi minuti! Guida dell'utente + Demo  | Versione MT5 | Versione Discor
    TPSpro Trade PRO
    Roman Podpora
    5 (3)
    An instrument capable of instantly calculating position size or risk based on a specified stop-loss level is critically important for both professional traders and beginners. Trading utility TRADE PRO provides fast and accurate calculations, helping you make decisions in conditions of limited time and increased market volatility. Main functions: Original. Simple. Effective. Original and convenient opening of the main trading panel: Simply hover your mouse over the right part of the chart and cli
    Prendi il controllo del tuo portafoglio forex. Vedi istantaneamente dove ti trovi, cosa sta funzionando e cosa ti sta causando dolore! VERSIONE MT5 DISPONIBILE QUI: https://www.mql5.com/en/market/product/58658 Il dashboard di Trade Manager è progettato per mostrarti a colpo d'occhio dove si trova attualmente ogni posizione che hai nel mercato forex e rendere più facile la comprensione della gestione del rischio e dell'esposizione alle valute. Per i trader che scalano gradualmente il mercato c
    News Trapper EA
    Noha Mohamed Fathy Younes Badr
    5 (6)
    Hi, all.  News trapper EA It is an expert for trading news very safe expert  put Settings interest rate only or high impact news for Automated Trading on the news of the economic calendar. It shows stable trading during last 10  years. EA doesn't use dangerous technologies like martingale, grid. The Expert is very simple to use. The program contains flexible settings In the terminal settings, you need to add the news site to the list of allowed URLs. Click Tools >Options > Expert Advisors. Che
    -25% discount ($149 -> $111) Everything for chart Technical Analysis indicator mt4 in one tool Draw your supply demand zone with rectangle and support resistance with trendline and get alerts to mobile phone or email alert -  Risk reward indicator Video tutorials, manuals, DEMO download   here .  Find contacts on my   profile . 1.   Extended rectangles and trendlines Object will be extended to the right edge of the chart when price will draw new candles on chart. This is rectangle extender or
    RedFox Copier Pro
    Rui Manh Tien
    4.75 (12)
    FREE SIGNAL CHANEL:  https://t.me/redfox_daily_forex_signals Time saving and fast execution Whether you’re traveling or sleeping, always know that Telegram To Mt4 performs the trades for you. In other words, Our   Telegram MT4 Signal Trader  will analyze the trading signals you receive on your selected Telegram channels and execute them to your Telegram to MT4 account. Reduce The Risk Telegram To Mt4   defines the whole experience of copying signals from   Telegram signal copier to mt4  p
    Trade Assistant GS
    Vasiliy Strukov
    5 (33)
    Il pannello di trading si limita alla gestione degli ordini, sia aperti tramite pulsanti che aperti dall'utente. Semplice e conveniente nella raccolta. Completerà qualsiasi acquirente. Consiglio di usarlo in tandem con l'indicatore Gold Stuff. Imposta il trading come ordini singoli e costruisci una griglia a distanza. Per creare una griglia standard, è sufficiente impostare una grande distanza, ad esempio 10000. I risultati in tempo reale possono essere visualizzati qui. Contattami subito d
    DrawDown Limiter MT4
    Haidar, Lionel Haj Ali
    5 (9)
    Drawdown Limiter EA You are in the right place if you were searching for Drawdown control, Drawdown limiter, Balance protection, Equity Protection or Daily Drawdown Limit related to Prop Firm, FTMO, or Funded account trading, or if you want to protect your trading account. Have you suffered from controlling your drawdown when trading funded accounts? This EA is meant for you. Prop firms usually set a rule called “Trader Daily Drawdown”, and if it is not respected, you are disqualified.  I am an
    Auto Trade Copier
    Vu Trung Kien
    4.73 (91)
    Auto Trade Copier is designed to copy trades between multiple MT4/MT5 accounts/terminals with 100% accuracy. The provider and receiver accounts must be on the same PC/VPS. With this tool, you can copy trades to receiver accounts on the same PC/VPS. All trading actions will be copied from the provider to the receiver with no delay. This version can be used on MT4 accounts only. For MT5 accounts, you must use Auto Trade Copier for MT5. Reference: For MT4 receiver, please download "Trade Receiver F
    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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