Forex strategies » New
Strategy Overview
Forex Strategy Builder v2.6.1.0
Strategy name: New
Date: 09.5.2008 г. 14:10:02
Description
This is an "empty" strategy.
You can use it as a base to build your strategy from scratch.
Feel free to experiment!
Set the opening and the closing point of the position. Add opening or closing logic conditions. Adjust the strategy properties.
The "Opening point of the position" slot shows the price at which the strategy enters the market or averages an open position. The entry takes place at a price level (determined by an indicator value) or it is determined by time ("Bar Opening" for example). However, it needs a confirmation from the "Opening logic conditions" slots.
The "Opening logic conditions" basically tell you whether to enter the market or not, when the entry price has been reached. They also determine the position's direction.
The "Closing point of the position" sets the exit price. If you set it at "Bar Closing", you can add "Closing logic conditions". They will hinder the exit until at least one of them is fulfilled. If you do not use "Closing logic conditions" the position will be closed when the "Closing point" has been reached.
The Strategy Overview can explain the strategy logic to you at any time.
If you are stuck, look for a solution in the forum.
Remember! The strategy slots describe the long position logic only. Forex Strategy Builder will set the short position logic automatically.
Have fun!
Logic
Opening (Entry Signal)
Open a new long position at the beginning of the bar.
Open a new short position at the beginning of the bar.
Closing (Exit Signal)
Close an existing long position at the end of the bar.
Close an existing short position at the end of the bar.
Additional entry** signals handling
Entry signal in the direction of the present position:
- An averaging is not allowed. Cancel any additional order, which is in the same direction.
Entry signal in the opposite direction:
- A present position modification is not allowed. Cancel any additional order, which is in the opposite direction.
Trading Sizes
Trade always a constant number of lots.
- Opening of a new position - 1 lot.
Protection
The strategy does not provide a permanent loss limitation.
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* Use the indicator value from the previous bar for all indicators marked with asterisk!
** The averaging rules concern the entry signals only. Exit signals close a position. They are not allowed to open, add or reduce one.
Environment
| Market | ||
| Symbol: | EURUSD | |
| Time frame: | 1 Day | |
| Spread: | 4 pips | (4,00 USD) |
| Swap Long: | 1 pip | (1,00 USD) |
| Swap Short: | -1 pip | (-1,00 USD) |
| Slippage: | 0 pips | (0,00 USD) |
| Lot size: | 10000,00 EUR | |
| Leverage: | 1/100 | |
Account | ||
| Initial account: | 10000,00 USD | |
| Required margin: | 100,00 USD for each open lot | |
Strategy Properties
| Additional entry signals handling | |
| A same direction signal | Does nothing |
| An opposite direction signal | Does nothing |
Trading size | |
| Maximum open lots | 20 |
| Entry lots | 1 |
| Adding lots | 1 |
| Reducing lots | 1 |
Permanent loss protection | |
| Permanent Stop Loss | None |
Indicator Slots
The slots show logic for the long positions only. Forex Strategy Builder computes proper logic for the short positions automatically.
| Base price | - Open |
| Base price | - Close |
Statistic Information
| Market | Account | ||
|---|---|---|---|
| Symbol | EURUSD | Intrabar scanning | Not accomplished |
| Period | 1 Day | Interpolation method | Pessimistic scenario |
| Number of bars | 4877 | Ambiguous bars | 0 |
| Date of updating | 18.04.08 | Tested bars | 4875 |
| Time of updating | 00:00 | Initial account | 10000,00 USD |
| Date of beginning | 27.06.89 | Account balance | 88,00 USD |
| Time of beginning | 00:00 | Minimum account | 88,00 USD |
| Data refining | Switched off | Maximum account | 11110,00 USD |
| Minimum price | 0,8229 | Maximum drawdown | 11022,00 USD |
| Maximum price | 1,5981 | Gross profit | 79009,00 USD |
| Average Gap | 5 pips | Gross loss | 88921,00 USD |
| Maximum Gap | 477 pips | Sent orders | 8412 |
| Average High-Low | 108 pips | Executed orders | 5608 |
| Maximum High-Low | 607 pips | Dealt lots | 5608 |
| Average Close-Open | 56 pips | Winning trades | 1322 |
| Maximum Close-Open | 441 pips | Losing trades | 1470 |
| Maximum days off | 5 | Win/loss ratio | 0,8993197 |
| Maximum data bars | 20000 | Time in position | 58 % |
| No data older than | No limits | Charged spread | 11216,00 USD |
| No data newer than | No limits | Charged rollover | 0,00 USD |
| Charged slippage | 0,00 USD | ||
| Total charges | 11216,00 USD | ||
| Balance without charges | 11304,00 USD | ||
| Account exchange rate | 1,0000 | ||
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