If you are using Metatrader 4, you already know there are thousands of indicators online for you to check up. This seems wonderful because it gives you the opportunity to find the “Holy Grail Indicator” for your trading strategy.
But let’s be honest: It is pain in the ass. Even from our part, when we investigate indicators it takes lots of hours to find out if the indicator is a successful indicator or not. We are using even some self-built tools to test faster and record the results on an excel sheet.
The main question when testing a MetaTrader 4 indicator is: Is this indicator useful or not?
This is a tricky question; because you need to define what is useful for you. For us the useful indicator is something that is:
These are the basic but mandatory properties we need for a good indicator. Now the real work is actually checking all those thousands of indicators. This is the most time consuming after all. Spending hours and hours of time checking each indicator.
Now here is the good news. We are starting to investigate thousands of indicators with our team and putting all the good and the bad results of each indicator on our premium blogs. We will have specific rules to test the indicators and we will give all the results and the indicators as well as our tools which we use while testing the indicator.
This service will be useful as it will save lots of time for you and you can also join our discord channel and we assist you with those indicators which you test. Join to our discord channel (Discord)