Auto-tester
Experience the powerful functionality of one of the most advanced TradingView indicators👇
The built-in auto-tester will instantly show how well the selected settings fit your trading strategy and will help adapt the indicators for maximum results.
👉To choose a mode — open the settings by clicking ⚙️ next to the indicator name
You can check the indicator settings and evaluate them on historical data before you start trading!
The evaluation is conducted over the recent periods:
for lower timeframes - 1 month and 1 year
for higher timeframes - 3 months and 3 years
Table with auto-testing statistics
No golden grails — shows the real picture for your trading strategy — the statistics include all losses from triggered stops!
Number of trades - all BUY and SELL signals and the total number for the specified periods
Number of stops - how many unsuccessful trades triggered the SL
Win Rate - the ratio of successful trades to the total number
Total profit - peak profit from successful trades
Total loss - losses from SL for all unsuccessful trades
Average potential - the average price movement potential per trade taking SL losses into account
Total - the strategy's cumulative P&L (total profit minus total loss)
The auto-tester cannot decide for you when and in what way you will close tradesPeak profit values that were reached during successful trades are used in the calculation.
Notation on the chart
On the chart itself you can display all signals for the entire period and study the performance of each.
This is very important for building a trading system - look for patterns in historical data to capture the biggest market moves and reduce the number of noisy signals.
Frequently asked questions
What is the Win-rate of the signals
You have access to detailed signal statistics, taking into account losses from stops and peak profits from successful trades. Keep in mind that the real Win-rate depends on your trading strategy and experience! On how and where you will lock in profits, which signals you will enter and which you will skip!
How much will I earn - what % profit per year?
You can enable the auto-testing mode and see the potential of trades and profits. Real profit depends only on you and no one else — if you don't follow risk management, you can lose your entire deposit on the first trade. The indicator is not a magical Grail and does not make decisions for you — it only helps to analyze charts correctly.
Why not configure parameters for closing trades and precise testing?
The indicator very accurately shows levels from which you can open a trade and the nearest zones of interest as 🧲, which pull the price only at the moment of the signal, but cannot predict future circumstances - news, manipulations, political and economic changes, etc.
After opening a trade you must monitor it continuously using the lower indicator, trying to determine as precisely as possible the best moment to obtain maximum profit.
How many take-profits to use, in what quantity, whether to enable trailing — at what moment, for what size and percentage of movement, whether to move the stop to breakeven after a certain take — it is simply impossible to display such complex closing logic in the indicator.
Why can't the indicator be turned into a trading bot?
The whole point of Midas is the best analysis tools in one window, I trade only manually.
Buy & Sell notifications must absolutely not be used as an independent signal to open a trade!
They are only needed for automatic alerts so you don't have to watch the charts for hours...
In other words, the indicator is a tool for manual trading.
Last updated