How to Test Signal Software in a 7-Day Trial: A Checklist

Most people spend a software trial watching arrows appear, and a week later know nothing new. A trial is useful only if you decide in advance what you are testing and write down what you see.

This checklist works for any buy/sell signal software, ours or anyone else's. It assumes a trial of about a week, which is the length of the WizeBuySell 7-day trial at ₹199. You have paid for it, so spend the week well.

Before the trial starts

Answer three questions on paper. They take ten minutes.

1. What do you trade? Pick one or two symbols you already know, for example Nifty and one F&O stock. Do not test on a market you have never watched.
2. Which timeframe? Choose one that matches the hours you can actually sit at the screen. A 1-minute or 5-minute system is of no use to someone in meetings till noon.
3. What does "useful" mean to you? Write one sentence. For example: "Signals I can act on within a minute, with a stop-loss I can afford, that do not change after the candle closes."

Also open a plain spreadsheet with these columns: date, time, symbol, direction, what the signal said, stop-loss, targets, what happened, notes.

Days 1 and 2: watch, count and screenshot

Do not place any trade in the first two days, not even on paper. Your job is to check that the software is honest with its own chart.

The repaint test

Repainting means a signal appears, then moves or disappears once later candles come in. The test is simple:

1. When a signal appears, wait for that candle to close.
2. Take a screenshot showing the signal, the candle and the system clock.
3. Take another after 30 minutes, another at the end of the session, and one more the next morning.
4. Compare. The signal must sit on the same candle with the same label and levels in all four.

Do this for every signal in those two days, not for a sample. Also restart the platform once during the day and check that old signals are still where they were.

Count and classify

After each session, mark every signal as clear, late or unclear. Late means price was already far from the signal level when it confirmed. Unclear means you could not tell what the software wanted you to do. A high share of late or unclear signals is a finding, even if the arrows look good afterwards.

Days 3 to 6: paper-trade every signal

From day three, take every signal on paper, including those you dislike. Skipping the ugly ones is how a trial log ends up better than real trading ever will be.

For each signal, record:

• The plotted level, and the price you could realistically have got a few seconds after you saw it. The difference is slippage. Log it on every trade.
• For options, the strike and expiry the signal named, and the premium you would have paid.
• The plotted stop-loss and targets, and which was touched first.
• Whether the stop distance was affordable for your capital at a sensible quantity.
• How the trade ended: target, stop-loss, trailing exit or session close.

Use the software's own levels, not your improvements.

Day 7: review

Read your log. Count the stop-losses, late signals and trades you could not have taken. Then scroll back on the chart and check that the past signals still match your screenshots from day one.

Questions to ask the vendor

Ask these in writing, by message or email, so you have the answers later.

• Can I see past signals, including the losing ones and every stop-loss hit, before I pay for a longer plan?
• What are the refund terms, exactly, and where are they published?
• If I change my phone or computer, does my access continue?
• Does the plan renew on its own, or does it simply end?
• Are you SEBI-registered as an Investment Adviser or Research Analyst? If not, do you say so plainly?

On the last point: software that plots levels from fixed rules is a different thing from an advisory service. What matters is that the answer is straight and matches what the vendor does. An unregistered vendor who sends personal buy and sell calls by message deserves harder questions.

Red flags

• An "accuracy" percentage. A single number hides stop distance, target distance, the period chosen and the signals left out.
• Profit screenshots, which prove at most that one account made money on one day.
• Pressure to pay today.
• No trial, or a trial only on recorded data.
• No written refund policy, or promises of fixed monthly income.

One red flag is reason to slow down. Two is reason to walk away.

The checklist you can copy

What a week cannot tell you

A week cannot tell you whether the software makes money. If the whole week trends strongly, every trend-reading system looks brilliant. If it is sideways, every such system gets whipsawed and looks broken. Neither picture is the truth.

What a week can tell you is narrower and still valuable: whether the signals stay put, the levels are complete, the pace suits you, and the vendor answers straight. For the longer view, study the past signals across different weeks, including the bad ones.

How the WizeBuySell trial works

Briefly, since this is our blog. The trial is 7 days at ₹199 per strategy, paid by UPI. You send your exact TradingView username, we add it to the strategy's invite-only indicator, and access appears in about 5 minutes. It works on TradingView on a Windows or Mac computer and in the TradingView mobile app. The indicator keeps its past signals on the chart, so you can look back over the last month as well.

There is no auto-renewal: after 7 days access simply stops unless you choose a plan. There are no refunds, which is why the trial exists; the terms are in the refund policy. We are not SEBI-registered, we do not publish an accuracy percentage, and the indicator does not place orders.

This post is educational and is not investment advice; see the disclaimer.

What to do next

Copy the table into a spreadsheet, answer the three questions from the first section, and then start the 7-day trial for one strategy. Run the same checklist on us that you would run on anyone else.