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Re: MT4 Trading Utilities, Chart Tools & Add-ons

#263
Chintzki wrote:
Mon May 31, 2021 3:34 pm
Here is a useful manual backtesting tool. Auto-backtesting is good but manual backtesting has its place as well.

It is an EA which allows you to backtest trades with a single click using user-defined parameters based on ATR.

Trades will be "placed" and wins will be shown as a green line or losses as a red line.

The EA will keep track of total trades, total wins, win %, profit % and allows the user to export the backtesting data as a *.csv file.

Lightweight, easy, intuitive and very fast to use; basic instructions are located within the EA window.

I did not make this EA. It was created by a member of a forex community called "NoNonsenseForex" who base their TP/SL strictly on ATR. Very useful if you do the same.

The only thing it's really missing is the ability to account for trades which would have kept running, or that you could have stacked/pyramided into. It does a very good job at very quickly manually assessing the efficacy of a trading system though.
is this indic has the same function with with RR from trading view?
and have u tried nnfx trade assistant? i found it very usefull using atr base calculation. but the problem it wont work if switched trrough currency changer and sometimes doesnt riggerd. i wonder why.... seem at most work on 2 pair.

Re: MT4 Trading Utilities, Chart Tools & Add-ons

#264
Chintzki wrote:
Mon May 31, 2021 3:34 pm
Here is a useful manual backtesting tool. Auto-backtesting is good but manual backtesting has its place as well.

It is an EA which allows you to backtest trades with a single click using user-defined parameters based on ATR.

Trades will be "placed" and wins will be shown as a green line or losses as a red line.

The EA will keep track of total trades, total wins, win %, profit % and allows the user to export the backtesting data as a *.csv file.

Lightweight, easy, intuitive and very fast to use; basic instructions are located within the EA window.

I did not make this EA. It was created by a member of a forex community called "NoNonsenseForex" who base their TP/SL strictly on ATR. Very useful if you do the same.

The only thing it's really missing is the ability to account for trades which would have kept running, or that you could have stacked/pyramided into. It does a very good job at very quickly manually assessing the efficacy of a trading system though.
Thank you!


Re: MT4 Trading Utilities, Chart Tools & Add-ons

#269
I some times use this basket trading EA I was given to lock in pips, $$$ or balance, loss exit and TP target but it is lacking profit step and lock before hitting your target.........(sorry I do not have the source code)
i.e. Target= 500 pips...........Lock = 100 pips, Gap = 50................. meaning it will lock in 100 pips when 150 pips is achieved (As it is currently does) But step like this untill the target is reached and all trades are closed and profits taken. Currently does not do this and once its setup you cannot change it unless you reload and reset. Also the magic ## won't work.
Does anyone have something like this
BasketMaster (6).ex4
(231.04 KiB) Downloaded 40 times
Basket.png


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