Utility · MT4

NNF Confirmation Indicator Testers

by marinelligiovanna

This MetaTrader 4 collection provides a testing framework for trend confirmation indicators based on the No Nonsense Forex methodology.

GitHub stars2
Forks0
Last update7 years ago23 Jun 2019
LicenceNone stated

Overview

NNF Confirmation Indicator Testers includes three Expert Advisors designed to evaluate different signal types: Zero Line crosses, Two Line crosses, and Chart indicators. The system simulates trades at candle closes using Average True Range based exits, featuring a fixed stop loss at 1.5x ATR and a take profit at 1x ATR. It functions as a backtesting utility rather than a live trading robot, outputting win rates and performance stats to the terminal journal without placing real market orders.

Details

Author

marinelligiovanna on GitHub

Type

Utility

Platform

MetaTrader 4 (MQL4)

Strategy

Trend following, Indicator crossover

Markets

Any symbol

Timeframes

Any timeframe

Risk profile

No grid, martingale or hedging logic was found in its code or README. That says nothing about how it performs: backtest it first.

Input parameters

Read from ChartIndicatorTester.mq4. Defaults are the author's; change them in the EA's Inputs tab.

NameTypeDefaultDescription
indicator_namestringkalman-filter-indicator
long_buffer_numint0
short_buffer_numint1
atr_periodsint14

How to install it

  1. 1Download the sourceUse "Download source (.zip)" above, or clone marinelligiovanna/NNFCI from GitHub, and unzip it.
  2. 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts.
  3. 3Copy the filesCopy the .mq4 file into Experts, and any .mqh files into the Include folder the code expects.
  4. 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
  5. 5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.
Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.

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