Forex Strategy Builder - Overview
Forex Strategy Builder is a complete system for creating and testing trading strategies for the foreign exchange market - Forex.
It provides an easy way of building forex strategies by combining various technical indicators. All necessary parameters and logics can be selected from menus, and you don't have to write formulas or a program code.
FSB uses historical forex data in order to perform a reliable back test for the various foreign exchange pairs or time periods.
It supplies detailed charts and statistics, and the automatic journals show all transactions and positions, as well as the changes in your virtual bank account.
Although FSB concerns foreign exchange trade, it is not a commercial product - its main purpose is to be practical and useful.
Forex Strategy Builder is indispensable for achieving better understanding of technical analysis.
Main Functions
- Great variety of technical indicators, logics and parameters
- Various methods of interpolating the data in every bar
- Opportunities to compare the results, achieved by using different scenarios
- Totally automatic generator of forex strategies
- Optimizer of parameters and technical indicators
- Comprehensive information about all orders and transactions
- Detailed statistics of market data and trading results
Forex Strategy Builder improves your investments
Forex Strategy Builder is objective and analytical. When testing a given strategy, it shows the real situation and never tries to promote the chosen logic or overstate the result. Using this product, you will not need to blindly believe forex books and analyzers any more. Consequently, you will not lose money, relying on unproved trading systems.
You are able to evaluate a forex strategy in a minute. Simply set it in FSB and it will show your virtual bank account as if you had traded in the selected period. If this virtual balance falls, it is a certain indicator that this strategy will lose money in real trade, but if the balance goes up, the strategy may be profitable.
If your investment profit is not as good as you had expected, now it is possible to find out the reason. Try to simulate your logic in FSB and check the result after reducing the spread or the rollover fee (swap numbers). If the result becomes satisfactory, it means that your strategy is good but cannot overcome the fees charged. You can reduce the number of the deals (you reduce the accrued spread) or the number of the transferred positions in order to improve your trading balance.
Using FSB you will gain experience as to how the technical analysis works and how the different logics and technical indicator parametres influence real trade.
Using FSB makes the trading result of the applied strategy tangible and facilitates singling out the wrong logic. Use the program to practice and you will become confident in applying the technical indicators correctly.
What is the price of Forex Strategy Builder?
Fortunately, you don't have to pay for Forex Strategy Builder. You can download it and use it for free. Nevertheless, FSB has its price, which you may have to pay.
You may find yourself disappointed with your favourite forex books after testing the strategies described by them using this program. You will soon find out that some authors carefully choose the shown examples to support their ideas.
Testing with Forex Strategy Builder, you will be able to check the work of most of the familiar indicators and to find out how they best work.
You will become more precise and confident when talking of technical analysis. You will certainly feel confident in saying:
I know that the logic - "Enter long on the market when the MACD line crosses above the Signal line and reverse to short, when the MACD line falls below the Signal line" has led to 4000 pips loss on 1Hour EURUSD in the past three years.You may find out that the truth about technical analysis is not quite the same as what we read in books or learn in seminars. Nevertheless - move on! FSB is on the market; it will show you what reality is in exact numbers. Finding your own truth, you will become calmer and more confident.
Is Forex investing easy?
Yes, it can be easy! Forex, however, is not a game. It needs a serious attitude and constant attention. Investment will become easier when you have mastered its principles.
Now you have the right instrument. Forex Strategy Builder will help you consolidate the fundamentals of technical analysis. Despite the limitations of the software, the experience you gain will broaden your trading opportunities beyond the limits of your imagination.
What do I need to start?
You can start using this product having the minimum of knowledge and experience in Forex trading. Read our forex forum and the help information to comprehend the main ideas
You can download and use this program absolutely for free.
FSB uses the latest Microsoft technology for software development .NET Framework v2.0.
Do not worry if this is the first time you have heard about it. It is enough to know that this is one of the free extras of Microsoft. It is very likely that this .NET Framework v2.0 has already been installed on your computer. If this is not the case, you need to install it and FSB will work without problems.
Detailed information about the downloading, the system requirements and the installation of this program can be found in the Download page of this site.
forexsb.com
or leave a message into the forum.