Backtest Assistant x IoTraders

Simplify backtesting by automatically calculate trade outcomes (Profit or Loss) and estimated swap cost based on user-provided open, stop loss, and take profit prices, while also write the data into CSV file and capture before-and-after chart pictures automatically

This Backtest Assistant tool is an Indicator, so it works well in coexistence with other expert advisor on the same chart


$30 for the next 25 downloaders, next price: $45

Try Free Trial Version Here: Download Free Trial


Features:

Data Logging: Log all backtest data into a .CSV file (Open time, Close time, Open, SL, TP, Risk Reward Ratio, profit pips, swap cost, etc.)

Trade Result Calculation: Determine the outcome of a trade based on the open, stop loss, and take profit prices input

Trade Result Tie Breaker: Determine the outcome when a single candle touches both the Take Profit and Stop Loss prices by automatically examining the lower timeframe

Backtest Result Chart ScreenshotCapture opening chart and closing chart of each backtested trade data

Hide Background Objects: Objects on chart will not be shown in the chart screenshot (can be turned off in the "Inputs" section)

Swap Calculator: Estimate the swap cost (or gain) of the backtested trade (positive value means swap profit, and negative value means swap loss)

Risk-Reward Take Profit (optional): Set the Take Profit Price based on Risk-Reward Ratio by inserting the ratio number followed by 'r' in the Take Profit input, or predetermine the ratio in the "Inputs" section

Farthest Take Profit Finder (optional)Find the farthest possible Take Profit Price based on Open Time, Open Price, and Stop Loss Price provided just in case You are unsure where to put the Take Profit Price

Comment: Set a specific comment for each backtested trade

Line Function: Set Open, Stop Loss, and Take Profit Prices easily by dragging Horizontal Lines to the desired prices or candle structures (You can type them manually too if needed)

OHLC Line Magnet: Make the Horizontal Lines attracted toward the Open, High, Low, or Close Price of the nearest candle to increase precision (can be turned off in the Inputs section)

Custom Line Magnet: Make the Horizontal Lines attracted toward a specific percentage of the nearest candle (customizable in the Inputs section)

HotkeysExecute functions by pressing keyboard keys to increase productivity and reduce mouse dragging time (can be turned off in the Inputs section)

(F=Show 3 Lines, D=Show 2 Lines, R=Log Trade Data, Z=Place/Delete Checkpoint Line, E=Shift the Chart towards the Checkpoint Line)

Checkpoint Line: Place a Checkpoint Line anywhere on the chart by hitting 'Z' key and then left-clicking a candle. Then, hit "E" key to return the chart view back to the Checkpoint Line whenever you get lost while scrolling through the chart

Adjustable Panel SizeAdjust Panel Size Scale via inputs section to easily fit your preferred display. There is minimize & maximize button too for you to see the covered part of the chart easily


Note: Make sure the CSV file is closed when logging data


How to Find the logged data and screenshots?

Run MetaTrader 4 -> File  -> Open Data Folder -> MQL4 -> Files -> Backtest Assistant x IoTraders


For more Details, Watch the Tutorial Video below!


Disclaimer:

  • Any loss involving this trading tool is the sole responsibility of the User, and not the responsibility of the Creator of this trading tool.
  • The backtest data can only be written when the .CSV file is closed.
  • The precision of open and close times is determined by the chart timeframe. For example, in a 1-hour chart, the times will only be written with hour-level precision.
  • The displayed swap cost in the data is just an approximation and could potentially differ from the actual value.


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ISO Financial Services
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RRBCTC uses real Tick data to create custom Range, Time, Renko and Volume bar charts for MT4. Tick data use is RRBCTC unique feature, which allows highest quality charting of current and historical price movement. Custom inputs provide option to create range bars with sizes from 0.1 pip all the way to 100+ pip and time bars periods from second all the way to a month. Charts are updated with new data in real time, allowing user use of MT4 indicators and advisors (EA). RRBCTC greatly extends MT4 c
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News filter, equity guard & session control for all your EAs — one tool, full protection Take a Break has evolved from a basic news filter into a comprehensive account protection solution . It pauses your other Expert Advisors during news events or based on custom filters. When trading resumes, it automatically restores your entire chart setup , including all EA settings. Why traders choose Take a Break One news filter for all your EAs — no more relying on individual built-in filters that may o
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FXsolutions
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With this Expert Advisor you will follow the sound trading principle Buy Low and Sell High by default ! And you can do that even with a normal day job . You will be even able to trade on lower timeframes which you could never do without such an Expert Advisor. And the best thing is that you are in control! You can tell the Edge Zone EA where it has to enter and where it has to exit. And you can do that even many hours before the trade will occur . This EA is therefore an excellent assistant for
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News Filter EA: Advanced Algo Trading Assistant News Filter EA is an advanced algo trading assistant designed to enhance your trading experience. By using the   News Filter EA , you can integrate a Forex economic news filter into your existing expert advisor, even if you do not have access to its source code. In addition to the news filter, you can also specify   trading days   and   hours   for your expert. The News Filter EA also includes   risk management   and   equity protection   features
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