Visual Testing of the Profitability of Indicators and Alerts
What indicator of trading alerts or just the methods of their calculating to use is usually decided when testing EAs using these alerts. However, it is not always possible/necessary/reasonable to write an EA for each indicator. You can promptly calculate the profitability of trading on the alerts from other indicators, using a special indicator that collects their alerts itself and draws a picture of ideal trading with them. It can help you both make a visual estimate of the results obtained and quickly choose most optimal parameters.
Remember how many times, looking at a randomly found or long time searched for and finally found indicator, you wanted to know immediately what the result of trading by its alerts would be. The same situation occurs when you are offered a new trading system for which there are no EAs or indicators yet. Before starting a serious work and writing a working EA, you would like to estimate whether there is a healthy grain in the materials on offer.
Or you can have the following situation: There is an indicator with good alerts, but you are having a gut feeling that its parameters are not optimal, that you can clear it up, and you even know how you can do that. How can you test your idea quickly without being locked into a long and complicated coding?
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