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	<title type="html"><![CDATA[Forex Software — Can Someone Build Me a Simple Strategy?]]></title>
	<link rel="self" href="https://forexsb.com/forum/feed/atom/topic/2185/" />
	<updated>2011-03-20T23:03:47Z</updated>
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	<id>https://forexsb.com/forum/topic/2185/can-someone-build-me-a-simple-strategy/</id>
		<entry>
			<title type="html"><![CDATA[Re: Can Someone Build Me a Simple Strategy?]]></title>
			<link rel="alternate" href="https://forexsb.com/forum/post/8692/#p8692" />
			<content type="html"><![CDATA[<p>Trailing stop indi</p>]]></content>
			<author>
				<name><![CDATA[footon]]></name>
				<uri>https://forexsb.com/forum/user/1242/</uri>
			</author>
			<updated>2011-03-20T23:03:47Z</updated>
			<id>https://forexsb.com/forum/post/8692/#p8692</id>
		</entry>
		<entry>
			<title type="html"><![CDATA[Re: Can Someone Build Me a Simple Strategy?]]></title>
			<link rel="alternate" href="https://forexsb.com/forum/post/8690/#p8690" />
			<content type="html"><![CDATA[<p>where do I set tick mode in FST?</p>]]></content>
			<author>
				<name><![CDATA[nycolt]]></name>
				<uri>https://forexsb.com/forum/user/3485/</uri>
			</author>
			<updated>2011-03-20T20:06:26Z</updated>
			<id>https://forexsb.com/forum/post/8690/#p8690</id>
		</entry>
		<entry>
			<title type="html"><![CDATA[Re: Can Someone Build Me a Simple Strategy?]]></title>
			<link rel="alternate" href="https://forexsb.com/forum/post/8689/#p8689" />
			<content type="html"><![CDATA[<p>Are you running it on FST (trading) or FSB (backtesting/improving)?</p><p>If I were you, I would first backtest the initial strat in FSB to see if it works or not, if results turn out to be good enough, I&#039;d demo trade at least a week or two in FST before going live.</p><p>If backtest results are bad, I&#039;d assess the strat carefully. So mainly there are 2 possibilities - scrapping or improving the strat. If you choose improvement, let your creativity flow. When optimizing, be careful not to curve-fit your strat.</p>]]></content>
			<author>
				<name><![CDATA[footon]]></name>
				<uri>https://forexsb.com/forum/user/1242/</uri>
			</author>
			<updated>2011-03-20T19:34:41Z</updated>
			<id>https://forexsb.com/forum/post/8689/#p8689</id>
		</entry>
		<entry>
			<title type="html"><![CDATA[Re: Can Someone Build Me a Simple Strategy?]]></title>
			<link rel="alternate" href="https://forexsb.com/forum/post/8687/#p8687" />
			<content type="html"><![CDATA[<p>I locked my positions and&nbsp; accepted the default settings on generate. Thats it right?</p>]]></content>
			<author>
				<name><![CDATA[nycolt]]></name>
				<uri>https://forexsb.com/forum/user/3485/</uri>
			</author>
			<updated>2011-03-20T19:32:43Z</updated>
			<id>https://forexsb.com/forum/post/8687/#p8687</id>
		</entry>
		<entry>
			<title type="html"><![CDATA[Re: Can Someone Build Me a Simple Strategy?]]></title>
			<link rel="alternate" href="https://forexsb.com/forum/post/8686/#p8686" />
			<content type="html"><![CDATA[<p>Ok thanks. Do&nbsp; I have to run generator after adding these params or can I just save it and use it? and do you suggest I run optimizer?</p>]]></content>
			<author>
				<name><![CDATA[nycolt]]></name>
				<uri>https://forexsb.com/forum/user/3485/</uri>
			</author>
			<updated>2011-03-20T19:17:03Z</updated>
			<id>https://forexsb.com/forum/post/8686/#p8686</id>
		</entry>
		<entry>
			<title type="html"><![CDATA[Re: Can Someone Build Me a Simple Strategy?]]></title>
			<link rel="alternate" href="https://forexsb.com/forum/post/8685/#p8685" />
			<content type="html"><![CDATA[<div class="quotebox"><cite>nycolt wrote:</cite><blockquote><p>Ok. Now what you have given me here is for the&nbsp; buy long of my parameters. Am I correct to assume that If I want to add the buy short part of my parameters I do the same thing?</p></blockquote></div><p>No, only long setup is needed, FSB/FST reverses the long setup automatically for short positions.</p>]]></content>
			<author>
				<name><![CDATA[footon]]></name>
				<uri>https://forexsb.com/forum/user/1242/</uri>
			</author>
			<updated>2011-03-20T19:03:24Z</updated>
			<id>https://forexsb.com/forum/post/8685/#p8685</id>
		</entry>
		<entry>
			<title type="html"><![CDATA[Re: Can Someone Build Me a Simple Strategy?]]></title>
			<link rel="alternate" href="https://forexsb.com/forum/post/8684/#p8684" />
			<content type="html"><![CDATA[<p>Ok. Now what you have given me here is for the&nbsp; buy long of my parameters. Am I correct to assume that If I want to add the buy short part of my parameters I do the same thing?</p>]]></content>
			<author>
				<name><![CDATA[nycolt]]></name>
				<uri>https://forexsb.com/forum/user/3485/</uri>
			</author>
			<updated>2011-03-20T18:54:20Z</updated>
			<id>https://forexsb.com/forum/post/8684/#p8684</id>
		</entry>
		<entry>
			<title type="html"><![CDATA[Re: Can Someone Build Me a Simple Strategy?]]></title>
			<link rel="alternate" href="https://forexsb.com/forum/post/8683/#p8683" />
			<content type="html"><![CDATA[<p>Ahhh now I see what we have here! These are the directions to put to foloow to build it in FSB! Gottcha. Thanks, I will do that now. Ha sorry.<br /> I get it now.</p>]]></content>
			<author>
				<name><![CDATA[nycolt]]></name>
				<uri>https://forexsb.com/forum/user/3485/</uri>
			</author>
			<updated>2011-03-20T18:37:40Z</updated>
			<id>https://forexsb.com/forum/post/8683/#p8683</id>
		</entry>
		<entry>
			<title type="html"><![CDATA[Re: Can Someone Build Me a Simple Strategy?]]></title>
			<link rel="alternate" href="https://forexsb.com/forum/post/8682/#p8682" />
			<content type="html"><![CDATA[<p>Thanks-<br />I have been attempting to learn FSB. I have loaded FST and it is working well with METAR<br />4 Trader with a strategy I built using FSB but it was not exactly what I was looking for.</p><p>When I opened the strategy I made I opened it in FST and it was in .xml format. What I am asking you now is what do I have to now to get what you have done for me into a format that I can use in FST?</p><p>Thanks<br />NYColt</p><br /><div class="quotebox"><cite>footon wrote:</cite><blockquote><p>Position will be opened if price moves 15 pips in a bar, and the latter depends on the used timeframe.</p><p>Convert what? Your question reveals to me that you haven&#039;t even looked at FSB or FST, these programs have graphical user interface, so setting up a strat is NOT copying, pasting, converting or programming. You know, there is a saying that God loves a trier...</p></blockquote></div>]]></content>
			<author>
				<name><![CDATA[nycolt]]></name>
				<uri>https://forexsb.com/forum/user/3485/</uri>
			</author>
			<updated>2011-03-20T18:33:56Z</updated>
			<id>https://forexsb.com/forum/post/8682/#p8682</id>
		</entry>
		<entry>
			<title type="html"><![CDATA[Re: Can Someone Build Me a Simple Strategy?]]></title>
			<link rel="alternate" href="https://forexsb.com/forum/post/8681/#p8681" />
			<content type="html"><![CDATA[<p>Position will be opened if price moves 15 pips in a bar, and the latter depends on the used timeframe.</p><p>Convert what? Your question reveals to me that you haven&#039;t even looked at FSB or FST, these programs have graphical user interface, so setting up a strat is NOT copying, pasting, converting or programming. You know, there is a saying that God loves a trier...</p>]]></content>
			<author>
				<name><![CDATA[footon]]></name>
				<uri>https://forexsb.com/forum/user/1242/</uri>
			</author>
			<updated>2011-03-20T18:23:20Z</updated>
			<id>https://forexsb.com/forum/post/8681/#p8681</id>
		</entry>
		<entry>
			<title type="html"><![CDATA[Re: Can Someone Build Me a Simple Strategy?]]></title>
			<link rel="alternate" href="https://forexsb.com/forum/post/8679/#p8679" />
			<content type="html"><![CDATA[<p>Thank you so much footon-</p><p>A couple of questions.<br />Iis the buy at 60 sec increase in place?</p><p>And obviously I copy and save&nbsp; in txt format. How can I convert it to be read by FST?</p><p>Thanks</p>]]></content>
			<author>
				<name><![CDATA[nycolt]]></name>
				<uri>https://forexsb.com/forum/user/3485/</uri>
			</author>
			<updated>2011-03-20T18:10:56Z</updated>
			<id>https://forexsb.com/forum/post/8679/#p8679</id>
		</entry>
		<entry>
			<title type="html"><![CDATA[Re: Can Someone Build Me a Simple Strategy?]]></title>
			<link rel="alternate" href="https://forexsb.com/forum/post/8678/#p8678" />
			<content type="html"><![CDATA[<p>Here it is: </p><p><strong>A same direction signal</strong> - <em>Does nothing</em><br /><strong>An opposite direction signal</strong> - <em>Does nothing</em><br /><strong>Permanent Stop Loss</strong> - <em>None</em><br /><strong>Permanent Take Profit</strong> - <em>None</em></p><p><strong>[Opening Point of the Position]</strong><br /><strong><span style="color:blue">Price Move</span></strong><br />&nbsp; &nbsp; &nbsp;<strong><span style="color:teal">Enter long after an upward move</span></strong><br />&nbsp; &nbsp; &nbsp;<strong>Base price</strong>&nbsp; -&nbsp; <em>Open</em><br />&nbsp; &nbsp; &nbsp;<strong>Price move</strong>&nbsp; -&nbsp; <em>15</em><br />&nbsp; &nbsp; &nbsp;<strong>Use previous bar value</strong>&nbsp; -&nbsp; <em>No</em></p><p><strong>[Closing Point of the Position]</strong><br /><strong><span style="color:blue">Trailing Stop</span></strong><br />&nbsp; &nbsp; &nbsp;<strong><span style="color:teal">Exit at the Trailing Stop level</span></strong><br />&nbsp; &nbsp; &nbsp;<strong>Trailing mode</strong>&nbsp; -&nbsp; <em>Trails once a bar</em><br />&nbsp; &nbsp; &nbsp;<strong>Trailing Stop</strong>&nbsp; -&nbsp; <em>33</em></p><p>When trading live, use tick mode for trailing in FST, if you want a permanent stop of 5 pips (5 is the absolute minimum), adjust the strategy properties accordingly. </p><p>Hard TP/SL for closing point is:</p><p><strong>[Closing Point of the Position]</strong><br /><strong><span style="color:blue">Stop Limit</span></strong><br />&nbsp; &nbsp; &nbsp;<strong><span style="color:teal">Exit at the Stop Loss or the Take Profit level</span></strong><br />&nbsp; &nbsp; &nbsp;<strong>Stop Loss</strong>&nbsp; -&nbsp; <em>5</em><br />&nbsp; &nbsp; &nbsp;<strong>Take Profit</strong>&nbsp; -&nbsp; <em>33</em></p><p>And timeframe M1 of course.</p>]]></content>
			<author>
				<name><![CDATA[footon]]></name>
				<uri>https://forexsb.com/forum/user/1242/</uri>
			</author>
			<updated>2011-03-20T17:35:27Z</updated>
			<id>https://forexsb.com/forum/post/8678/#p8678</id>
		</entry>
		<entry>
			<title type="html"><![CDATA[Re: Can Someone Build Me a Simple Strategy?]]></title>
			<link rel="alternate" href="https://forexsb.com/forum/post/8676/#p8676" />
			<content type="html"><![CDATA[<p>Thank you Footon-</p><p>Here are the parameters I would like.</p><p>This is a simple strategy I would like to try, to try and&nbsp; take&nbsp; quick advantage of the pip surges that occur in both directions when I am not at my computer. I realize this will typically result in several buys and sells most days but that is ok. </p><p>Volume 100<br />*buy long anytime there is a pip increase of 15 in a 60 second timeframe. <br />*Ideally I would like to put in a <strong>trailing dynamic</strong> stop after a 33 pip increase from the buy in price.&nbsp; This is an effort to take profit and go along for the ride on any long rise. If that is not doable than I would like a<br />*stop and take profit after a 33 pip increase which would typically realize about a $300 profit.<br />*close after a&nbsp; decrease of 3 below the buy in pips (price). Which would result in a $30 loss.</p><p>*buy short anytime there is a pip decrease of 15 in a 60 second timeframe. <br />*Ideally I would like to put in a <strong>trailing dynamic</strong> stop after a 33 pip decrease from the buy in price. If that is not doable than I would like a<br />*stop and take profit after a 33 pip decrease which would realize a $300 profit.<br />*close after a&nbsp; increase of 3 above the buy in pips (price). Which would result in a $30 loss.</p><p>Another note: I would want only one occurrence running at a time. e.g. If a pip surge happens while one strategy is already running ignore the surge/buy.</p><p>I hope this is clear, I am new to this so my understanding of the&nbsp; terminology and many of the rules are not that good. If you need clarification or if&nbsp; there is other information&nbsp; needed&nbsp; on any of this please let me know. </p><p>Thanks again for any help you can provide.</p><p>NYColt</p>]]></content>
			<author>
				<name><![CDATA[nycolt]]></name>
				<uri>https://forexsb.com/forum/user/3485/</uri>
			</author>
			<updated>2011-03-20T16:55:55Z</updated>
			<id>https://forexsb.com/forum/post/8676/#p8676</id>
		</entry>
		<entry>
			<title type="html"><![CDATA[Re: Can Someone Build Me a Simple Strategy?]]></title>
			<link rel="alternate" href="https://forexsb.com/forum/post/8641/#p8641" />
			<content type="html"><![CDATA[<p>Post your rules, lets find out if we can sort things out.</p>]]></content>
			<author>
				<name><![CDATA[footon]]></name>
				<uri>https://forexsb.com/forum/user/1242/</uri>
			</author>
			<updated>2011-03-18T17:22:15Z</updated>
			<id>https://forexsb.com/forum/post/8641/#p8641</id>
		</entry>
		<entry>
			<title type="html"><![CDATA[Re: Can Someone Build Me a Simple Strategy?]]></title>
			<link rel="alternate" href="https://forexsb.com/forum/post/8639/#p8639" />
			<content type="html"><![CDATA[<p>Hello Again Everyone-</p><p>I am not quite getting the strategy builder thing.<br />If anyone feels generous with their time and can help me <br />build the strategy i would like to use I would certainly appreciate<br />the help.</p><p>Thanks</p><p>NYColt</p>]]></content>
			<author>
				<name><![CDATA[nycolt]]></name>
				<uri>https://forexsb.com/forum/user/3485/</uri>
			</author>
			<updated>2011-03-18T16:58:56Z</updated>
			<id>https://forexsb.com/forum/post/8639/#p8639</id>
		</entry>
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