Forex Software — How to Convert Dynamic Zone RSI mq4 to FSB?

Re: How to Convert Dynamic Zone RSI mq4 to FSB?

2011-01-09T16:43:25Z

I saved a profitable strategy to be tested in the future, today I opened it and it looks like this:

Indicator lines are flat, so no trades. A bug in the indicator?

Re: How to Convert Dynamic Zone RSI mq4 to FSB?

2011-01-06T10:24:22Z

And the test equity graph

Re: How to Convert Dynamic Zone RSI mq4 to FSB?

2011-01-06T10:17:13Z

Here's the strategy I'll be testing with.

Re: How to Convert Dynamic Zone RSI mq4 to FSB?

2011-01-06T09:38:27Z

Good luck! I'll be posting the strategy I'm going to be forward testing shortly. It's against GBPJPY which on instaforex has a 7 pip spread. I'll post it's projected equity curve along side it.

Re: How to Convert Dynamic Zone RSI mq4 to FSB?

2011-01-06T09:31:41Z

Not bad, I'm sure a few tweaks or an additional indicator would cut a lot of those losses out!!

As an update, I optimized an EA I've been working on and from Jan 2-5 on NZDUSD, it had over 11% profit with only 3.5% DD so I'm stoked to see how my forward test goes!! I just got another idea to even see if I can create variables that are above/below the top or bottom line so I'm not just limited to those, giving it more of an RSI feel!

Wish me luck, I feel like I'm onto something!! Thanks for your help too, I'll keep tuning with FSB as well

Re: How to Convert Dynamic Zone RSI mq4 to FSB?

2011-01-06T09:19:58Z

EURUSD 5 min instatrader date of begining 11/29/2010

Re: How to Convert Dynamic Zone RSI mq4 to FSB?

2011-01-06T09:16:17Z

Mine is actually shorter due to the fact that I change strategies every week to stay with the market. I only test against 1 week of data on instaforex. I should also add that this is just a base strategy and it may require additional filtering. Also that the accuracy of the indicator is more important than it's profitability.

Re: How to Convert Dynamic Zone RSI mq4 to FSB?

2011-01-06T09:03:04Z

Could you provide a screenshot of the equity chart and the time frame you did your backtest on and with which broker? Mine is showing terrible results for Dec-Jan (I know it's short but it's still terrible).

Re: How to Convert Dynamic Zone RSI mq4 to FSB?

2011-01-06T08:57:53Z

No you did it right. I'm attaching a strategy that I put together using it. It looks like it works better at least with back testing if you don't use previous bar. not sure why. I like the way it's working, I'm going to try forward testing it.

Re: How to Convert Dynamic Zone RSI mq4 to FSB?

2011-01-06T08:45:56Z

Thanks for the new one! The only problem is that it isn't doing anything for me (as in opening or closing positions) as an opening/closing point but works fine as logic. Did I do something wrong uploading it on top of the other one (oops?) or something?

Thanks again for all your hard work!! Take your time and enjoy your life, I'll figure it out eventually

Re: How to Convert Dynamic Zone RSI mq4 to FSB?

2011-01-06T05:07:21Z

See if this does what you want it to. sorry wasn't able to test it. I'm doing about 5 things right now.

Re: How to Convert Dynamic Zone RSI mq4 to FSB?

2011-01-06T05:05:49Z

It can be done, but there's a draw back to it being a closing point. You won't be able to add any additional closing logic.

Re: How to Convert Dynamic Zone RSI mq4 to FSB?

2011-01-06T04:28:02Z

Thanks a bunch!! I think the Dynamic Zone RSI indicator is one of the best out there. I love RSI as many others do, but the problem with it is that the limits never moved with the trend. However, this one does as it adjusts with bollinger bands and traditional RSI, cool huh?

Thanks again, this will help profit-gaining strategies do MUCH better!!

EDIT: Is there a way you can make this an opening point of the position instead of an opening logic condition? Same with closing point and logic, thanks!! My goal is to make a basic strategy with this indicator

Re: How to Convert Dynamic Zone RSI mq4 to FSB?

2011-01-06T03:26:42Z

For some reason, the file didn't attach

Re: How to Convert Dynamic Zone RSI mq4 to FSB?

2011-01-06T01:49:48Z

Ok this might work a little better.