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.

What is percent profitability?

Percent profitable is a metric used in trading to measure the percentage of a trader's trades that were profitable. It is calculated by dividing the total number of profitable trades by the total number of trades, and expressing the result as a percentage. For example, if a trader made 100 trades and 60 of them were profitable, their percent profitable would be 60%. Percent profitable is often used by traders to evaluate the effectiveness of their trading strategy, and to compare their performance to other traders. A higher percent profitable typically indicates that a trader's strategy is effective and profitable, while a lower percent profitable may indicate that the trader needs to make adjustments to their strategy.

What is a buy and sell trading indicator?

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.

What is net profit?

In trading, net profit is the total amount of money that a trader has earned after deducting all trading-related expenses, such as commissions, fees, and taxes, from their total trading profits. Net profit is an important measure of a trader's overall performance, and it is often used to evaluate the effectiveness of their trading strategy and to compare their performance to other traders. A trader's net profit can be calculated by subtracting their total expenses from their total trading profits over a given period of time.

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

How long will it take to add me to MarketGod?

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.

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.