What is Max Drawdown?

In trading, max-drawdown is the maximum loss that an investment or trading strategy has experienced. It is typically expressed as a percentage of the initial investment or trading capital. It is used to measure the risk of a given investment or trading strategy, with a higher max-drawdown indicating a higher level of risk.

What is backtesting in trading?

Backtesting is a way of evaluating the performance of a trading strategy by simulating its performance on historical data. It involves applying a trading strategy to historical data to see how well it would have performed in the past, and it can be used to estimate the potential future performance of the strategy. Backtesting can be a valuable tool for traders, as it allows them to test their strategies on a large amount of data and to make more informed decisions about which strategies to use. It can also help traders to identify potential problems with their strategies and to make adjustments to improve their performance.

How are the MarketGod Signals calculated?

The MarketGod indicator is based on a combination of technical indicators such as moving averages, oscillators, and volume data, to provide traders with buy and sell signals. The indicator is designed to help traders identify trends, identify potential entry and exit points, and manage risk.

If I change my Tradingview Username, will it affect my MarketGod permissions?

Yes, any changes to your Tradingview username will directly impact your MarketGod permissions and access to the indicator. We are happy to update them accordingly just email our support team → support@marketgod.io

Which Markets Can I Apply MarketGod On?

We've designed MarketGod to work on all of them. If a ticker is available on our partner's site, we can analyze the data and apply the algorithm.

How do I find the MarketGod Indicator on Tradingview?

From the homepage, click on ‘Chart’ in the top navigation bar. Select “Indicators” on the top-center-middle panel: In the indicator library, you will notice your tradingview account will now have a "invite only" section on the left-and side. The indicator and strategy will both be available to you. Tutorial: https://www.marketgod.io/tutorials/adding-marketgod

How do I upgrade my scripts?

If we have published an upgrade and you are looking to update your indicator, simply refresh the page and add indicator from the invite only section of your indicator library.

MarketGod shows a repainting warning when setting the alerts up

Since our indicator does not and will not repaint, its more than likely you've tried to set an alert on the strategy and not the indicator. Set the alert on the indicator to correct the issue.