GeoShowCond: Candlestick Formula Tester for MT4 with Rapid Strategy Validation

GeoShowCond review 2026 performance analysis begins with understanding its core promise: convert trader-defined logical formulas into actionable signals on MT4. In this review I evaluate how GeoShowCond interprets bar relationships, executes condition scans, and presents results for both backtesting and live chart monitoring. The indicator excels where precise pattern definitions and rule-based entries are required, and the analysis focuses on speed, transparency, and configurability as measurable strengths. What makes GeoShowCond unique is its emphasis on formula-driven conditions rather than fixed pattern libraries. Users can write conditions such as comparisons between close and highs of prior bars, chained logical operators, and multi-bar lows for tailored setups. The algorithm evaluates these boolean expressions bar-by-bar and flags conditions visually, allowing quick verification of signals. GeoShowCond integrates well with MT4 data feeds and supports session filters, which improves relevance during specific market hours. It performs best in trending and structured range markets where candlestick relationships are consistent. Risk management is left to user-defined exits and integrated filters, so expected performance characteristics depend heavily on how conservative the trader sets stop, filter thresholds, and position sizing. Typical results in tested currency pairs show moderate trade frequency with clear signal clarity, and Georgij Komarov designed the indicator to prioritize interpretability over black-box optimization. Overall, GeoShowCond is a practical tool for traders who want explicit control over pattern logic and reproducible performance analysis.