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40 lines
2.3 KiB
Markdown
40 lines
2.3 KiB
Markdown
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# AlgoMasterNNFX-V1
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Complete and advanced No Nonsense Forex (NNFX) Algorithm Tester. Test your algorithm across all 28 forex
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pairs considering news, Euro FX Vix (EVZ) and currency exposure;
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or use it to help you create a whole algorithm from scratch with your favorite indicators.
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Check the documentation (User Guide PDF) for more details on how to use this software.
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# Installation and compilation
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To compile this program, download all contents of this repository in a folder inside of the Experts folder in MT5 or MT4.
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Open the .mq5 or .mq4 file and compile it. The indicators included in the program as resources will also compile at that point.
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# Possible risks and warnings
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This software was discontinued for MT4 because of some limitations in that platform. In this repository it has been restored,
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but it's less reliable than MT5 and needs further testing in the future.
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In both cases, the code will be subject to refactorings and bug fixes in the future.
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This software currently is more reliable when used in Daily charts, and it's been made and tested mostly for that.
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In its current state, it's not recommended to backtest symbols that aren't perfectly coordinated candle-by-candle (for example,
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weekend candles in crypto when backtesting forex too, which only trades during weekdays). If there is no option, it's more reliable to perform the backtest
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in the symbol with more candles.
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Some wrongly coded indicators in MT5 may give different signals when used in visual and non-visual backtests (but they can be fixed).
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The results in backtests don't include commissions, swaps and spreads (with the exception of real trades mode in MT5).
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# Disclaimer
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Any result obtained using this program should not be taken as financial advice.
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The performance of an algorithm built using this system does not guarantee future success of that system in real trading.
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You should visually review the behaviour of the algorithm, check if there are potential errors (in the
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algorithm, the indicators or the AlgoMaster NNFX program itself) and forward test.
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This program is based on the author's subjective interpretation of the NNFX template and way of trading.
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The author of the program is not affiliated with/sponsored by VP (No Nonsense Forex), NNFX Discord and any other person/group related.
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