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Re: MT4 Analysis Tool for Evaluating Trades Using Chart Trendlines

Jimmy, Sat Feb 21, 2026 7:18 pm

funchi wrote: Mon Feb 09, 2026 11:47 am This tool does not use the MT4 backtesting function.
It aggregates trendlines drawn on the chart.
boytoy wrote: Fri Feb 20, 2026 9:01 pm I think this is very interesting unique approach to backtesting -- very cool because you just draw the trendline and change the name to @buy or @sell and it will tell you all the information
I was thinking about this tool before bed last night so I tried it and can confirm this backtester also works with the Fractals (Auto) Trendlines indicator by:
  • Manually selecting a trend line
  • Naming it to either @buy or @sell
This is a nice price action backtester. Would be even more superb to see the options to change the color of the font and the sizing in future.

Thank you trader Funchi.
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