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 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:
order. If you select “Reverse” option, then buy signal will count as sell order and sell signal will count as buy order.
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.
11]”.
& Fixed TP [09, 10, 11]”. This value will find the candle which has highest/lowest price to calculate stop loss.
or “Candle SL & Fixed TP [09, 10, 11]”.
[10, 11, 12]”.
options 14 and 15. You can select “Server Time Zone” or Local Time Zone or “Greenwich Mean Time Zone” (GMT) from here.
please set your signal start time (hh:mm) here.
please set your stop time (hh:mm) here. Please note that, signal stop time must be greater than signal start time.
take profit price, then please make this option true. You will find print result in “Experts” tab of your terminal.
from here.