Indicator for evaluation of trading strategies – indicator for MetaTrader 4

[Metatrader Indicators]

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Many of us have often wanted to see in a visual way where a certain trading strategy has its flaws. And if we could see the objective trading statistics at the same time it would be really great.

There is a backtester in MT4 but running a backtest in a visual mode for each change in the EA takes a lot of time. Also, its visual capabilities are quite limited. Then, you cannot test multi-currency strategies with it, at least not in an efficient way.

I have tried to address all of these issues and the result is this open-source indicator for visually testing trading strategies. Of course it is not possible to make a completely universal indicator for all the purposes but the current framework can be easily modified and expanded for specific needs (like multi-currency).

How to install Indicator for evaluation of trading strategies – indicator for MetaTrader 4.mq4?

Download Indicator for evaluation of trading strategies – indicator for MetaTrader 4.mq4
Copy Indicator for evaluation of trading strategies – indicator for MetaTrader 4.mq4 to your Metatrader Directory / experts / indicators /
Start or restart your Metatrader 4 Client
Select Chart and Timeframe where you want to test your MT4 indicators
Search "Custom Indicators" in your Navigator mostly left in your Metatrader 4 Client
Right click on Indicator for evaluation of trading strategies – indicator for MetaTrader 4.mq4
Attach to a chart
Modify settings or press ok
Indicator Indicator for evaluation of trading strategies – indicator for MetaTrader 4.mq4 is available on your Chart

How to remove Indicator for evaluation of trading strategies – indicator for MetaTrader 4.mq4 from your Metatrader Chart?

Select the Chart where is the Indicator running in your Metatrader 4 Client
Right click into the Chart
"Indicators list"
Select the Indicator and delete

Click here below to download: