Indicator needed!?
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Hi people,
We should find a way to convert mq4 or mq5 ( that are only aiming to draw our formula on the whole chart, for all max. chart bars) of fxdreema to an indicator . Any helpers to show me the way for it?I write formulas (like EMA(n). x .ATR(m) ) and want it to see them on the chart from the very first bar to last bar.
That will help me understand if the formula is good for that pair and what would be the n and m periods before I go run an hours and hours of Backtest. ( I have already done sth here: https://fxdreema.com/shared/SCZuyqPme )
If I would be able to observe that the formula works for that particular pair and predict the possible period intervals for the in-formula indicators( here: n and m) and the coefficient x , that will definitely save huge time, maybe hundreds of hours..If the owner of fxdreema is reading this topic, longer description of the necessity of my reasonable demand is:
I have to admit I am an old school and have newly discovered fxdreema, yet I have no coding background or so.
According to my experiences, the best way to understand whether a strategy would work or not is to make a two-minute simple observation on a long term chart of the pair. You place the indicators on the chart and observe the rightest trigger points. That diminishes the range of inputs for the indicators.
eg, If a formula(strategy) has 3 variables , even a genetic backtest would take many hours. But If observe x must be sth between 1.0-1.8 and n and m would be somewhere in 8-12, and if I save 5 hours for each test, for 28 pairs I save a week!
That saves a huge time and make you believe the consistency of your strategy before examining the EA with a backtest.