Is there a way to gather data about an indicator?
More specifically for money management in forex. For example, imagine a simple arrow indicator, is there a fast way to analyze how many pips does price go both ways after the signal?
Because manually one would have to pick a paper and pen, go signal by signal, go there with the crosshair tool, write down the moves, and do this on a thousand signals, then sum it all up and find a sweet spot.
Takes days, weeks, months to do this on a large enough scale to make it meaningful. So is there an automated way to speed up the process?