You can use all of our indicators with a free account, but keep in mind that you can only set up one live alert with a free account and only have up to three indicators on your chart active at one time. With a Pro account, you can set up multiple alerts and have up to 10 indicators on your chart at one time. I recommend a PRO+ account, which will give you more than enough alerts and indicators on your chart.
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.
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.
If you have just registered for the trial, it will take up to 6 hours to be added. If you have just purchased, we aim to have you added within an hour at the longest.
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.
A buy and sell trading indicator is a tool or signal used by traders to help identify potential buying or selling opportunities in the financial markets. Buy and Sell indicators are typically based on mathematical calculations or statistical models that use historical price and volume data to predict future market movements.
Repainting in Pine Script refers to the phenomenon of an indicator or strategy's output changing as new price bars are added to the chart. This can happen when the indicator or strategy uses data from future bars to calculate its output, which is not available at the time the indicator or strategy is initially calculated. As a result, the indicator or strategy's output may appear to change or "repaint" as new data becomes available. Repainting can be a problem because it can make it difficult to accurately backtest or forward test a strategy, as the strategy's output may change depending on the data that is available. It can also make it difficult for users to interpret the indicator or strategy's output, as it may not be clear what data was used to calculate the output. To avoid repainting, it is important to design indicators and strategies that use only data that is available at the time the indicator or strategy is calculated. This can be achieved by using functions such as sma(), wma(), and ema(), which use only historical data to calculate their output. It is also important to test indicators and strategies thoroughly to ensure that they do not exhibit repainting behavior.
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.