Forex Software — Daily GBPUSD

Re: Daily GBPUSD

2012-10-24T13:28:53Z

His strategy was tested with 645 bars you tested with nearly 10 times more.

A good strategy should be resillient enough to work with any amount of data.

Re: Daily GBPUSD

2012-10-24T11:32:57Z

It does not get good results for me

Strategy name: New
Forex Strategy Builder v2.72.0.0
Exported on: 2012-10-24 13:32:28

Description:
None.

Market: GBPUSD 1 Day
Spread in pips: 20,00
Swap Long in pips: 2,00
Swap Short in pips: -2,00
Commission per lot at opening and closing in pips: 0,00
Slippage in pips: 0

Use account % for margin round to whole lots
Maximum open lots: 20,00
Entry lots: 1,00% of the account for margin

Intrabar scanning: Not accomplished
Interpolation method: Pessimistic scenario
Ambiguous bars: 76
Tested bars: 5167
Balance: -5652 pips (6019,85 USD)
Minimum account: -6549 pips (5387,77 USD)
Maximum drawdown: 12078 pips (8505,59 USD)
Time in position: 100 %

[Strategy Properties]
A same direction signal - Does nothing
An opposite direction signal - Does nothing
Permanent Stop Loss - 2100
Permanent Take Profit - 550
Break Even - 1000

[Opening Point of the Position]
Bar Opening
Enter the market at the beginning of the bar
Base price - Open

[Opening Logic Condition]
Balance of Power
The Balance of Power falls
Smoothing method - Exponential
Period - 60
Use previous bar value - Yes

[Closing Point of the Position]
Week Closing
Exit the market at the end of the week
Base price - Close

[Closing Logic Condition]
RSI
The RSI is higher than the Level line
Smoothing method - Simple
Base price - Open
Smoothing period - 80
Level - 57
Use previous bar value - No

Re: Daily GBPUSD

2012-08-25T19:34:34Z

I suggest that you use a lot more bars than in your test and that you do a walk forward on several periods.

Daily GBPUSD

2012-08-17T01:23:47Z

This is my first post. I am somewhat new to trading, but I generated a strategy using Oanda data from the past 24 months, daily bars. I thought I would post this for comments. Thanks.

Strategy name: My Pound Daily
Forex Strategy Builder v2.72.0.0
Exported on: 8/16/2012 8:14:37 PM

Description:
Automatically generated on 8/16/2012 7:50 PM.

Market: GBPUSD 1 Day
Spread in pips: 20.00
Swap Long in pips: 2.00
Swap Short in pips: -2.00
Commission per lot at opening and closing in pips: 0.00
Slippage in pips: 0

Maximum open lots: 20.00
Entry lots: 0.10

Intrabar scanning: Not accomplished
Interpolation method: Pessimistic scenario
Ambiguous bars: 1
Tested bars: 645
Balance: 5817 pips (15816.50 USD)
Minimum account: -1 pips (9999.20 USD)
Maximum drawdown: 428 pips (427.80 USD)
Time in position: 100 %

[Strategy Properties]
A same direction signal - Does nothing
An opposite direction signal - Does nothing
Permanent Stop Loss - 2100
Permanent Take Profit - 550
Break Even - 1000

[Opening Point of the Position]
Bar Opening
Enter the market at the beginning of the bar
Base price - Open

[Opening Logic Condition]
Balance of Power
The Balance of Power falls
Smoothing method - Exponential
Period - 60
Use previous bar value - Yes

[Closing Point of the Position]
Week Closing
Exit the market at the end of the week
Base price - Close

[Closing Logic Condition]
RSI
The RSI is higher than the Level line
Smoothing method - Simple
Base price - Open
Smoothing period - 80
Level - 57
Use previous bar value - No