Forex Software — EURUSD M5 design for 1K capital

Re: EURUSD M5 design for 1K capital

2009-12-15T08:04:56Z

Dear Melvin
Attached here a snap shot for the equity curve and the profit -loss they are equal
and attached here a pdf containing the whole report
regards

Re: EURUSD M5 design for 1K capital

2009-12-15T05:25:06Z

Off topic

It would be great if Admin allow us to attached the setup file in the forum, then there will be no such error.

Every registered user can attach files.
Use Post reply instead quick reply form.

Re: EURUSD M5 design for 1K capital

2009-12-14T23:03:32Z

Thank you for trying my setting. Upon checking you got the RSI MA Oscillator opening logic wrong, it should be " The RSI MA Oscillator cross the zero line upward" yours was "The RSI MA Oscillator Rise". Please correct the setup and run it again, would appreciate to post what kind of result you get , the strategy was till 30th Oct 09 and yours is until 14 Dec 09. If it still show the 5% profit per month than this strategy is robust. If you forward test it and post the result that would be wonderful as I am having problem with getting the FST and the Expert Advisor to work properly in 3 of my computers

It would be great if Admin allow us to attached the setup file in the forum, then there will be no such error.

Re: EURUSD M5 design for 1K capital

2009-12-14T19:49:02Z

Dear Melvin

i downloaded 5min data from my broker and setup my account like your account and used the same setup you used but the results completely different

( The no of bars slightly more than yours)

EURUSD M5 design for 1K capital

2009-12-14T19:15:19Z

This strategy is design to trade with USD 1,000 capital with 0.1 lot and Max DD of USD 250, result indicate it 10% profit over the standard data period. Any feedback on how this strategy perform in forward test is welcome.

Forex Strategy Builder v2.10.0.0
Strategy name: Generated
Exported on: 12/15/2009 3:12:36 AM

Description
Automatically generated on 12/15/2009 3:02 AM.
Out of sample testing [percent of bars]: 30%
Balance: 10058.50 USD (10/1/2009 10:35 PM Bar: 13999)

Market: EURUSD 5 Minutes
Spread in pips: 3
Swap Long in pips: 1
Swap Short in pips: -1
Commission per lot at opening and closing in pips: 0
Slippage in pips: 0

Maximum open lots: 20
Entry lots: 0.1
Adding lots: 0.1
Reducing lots: 0.1

Intrabar scanning: Not accomplished
Interpolation method: Pessimistic scenario
Ambiguous bars: 2
Tested bars: 19799
Balance: 106 pips (10105.50 USD)
Minimum account: -17 pips (9982.80 USD)
Maximum drawdown: 19 pips (19.10 USD)
Time in position: 62 %

A same direction signal - Does nothing
An opposite direction signal - Does nothing
Permanent Stop Loss - -80
Permanent Take Profit - 170

[Opening Point of the Position]
Previous Bar Closing
Enter the market at the previous Bar Closing
Base price - Previous Bar Closing

[Opening Logic Condition]
RSI MA Oscillator
The RSI MA Oscillator crosses the zero line upward
Smoothing method - Weighted
Signal line method - Simple
Base price - Median
RSI period - 31
Signal line period - 168
Use previous bar value - Yes

[Opening Logic Condition]
Price Oscillator
The Price Oscillator rises
Smoothing method - Weighted
Base price - Close
Period - 106
Additional smoothing - 59
Level - 0.0000
Use previous bar value - Yes

[Closing Point of the Position]
Starc Bands
Exit long at the Upper Band
Smoothing method - Weighted
Base price - Close
MA period - 190
Multiplier - 3.98
Use previous bar value - Yes