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	<title type="html"><![CDATA[Forex Software — Forex Strategy Builder vs MetaTrader]]></title>
	<link rel="self" href="https://forexsb.com/forum/feed/atom/topic/409/" />
	<updated>2008-06-21T23:20:55Z</updated>
	<generator>PunBB</generator>
	<id>https://forexsb.com/forum/topic/409/forex-strategy-builder-vs-metatrader/</id>
		<entry>
			<title type="html"><![CDATA[Re: Forex Strategy Builder vs MetaTrader]]></title>
			<link rel="alternate" href="https://forexsb.com/forum/post/1260/#p1260" />
			<content type="html"><![CDATA[<div class="quotebox"><cite>Popov wrote:</cite><blockquote><div class="quotebox"><blockquote><p>Dear Sir,</p><p>Could you please advice what is the different of your forex strategy builder with MT4 EA?<br />What is the benefit to use your software?</p><p>Your reply will much appreciate.</p><p>Thanks</p></blockquote></div><p>* FSB is a Forex strategy back tester.<br />* MT is a trading platform + back tester.</p><p>* FSB uses visual interface. All indicators, rules and parameters are arranged in menus.<br />* MT has a programmatic interface. You write your strategy in MQL4</p><p>* In FSB you can use the provided indicators only. (More than 80 at the moment.)<br />* In MT you can load or design custom indicators. (Virtually unlimited number.)</p><p>* FSB is supported and developed by me and a small group of consultants.<br />* MT is owned by a powerful company.</p><p>* FSB protects the users. You cannot set a ?faulty? strategy.<br />* MT leaves everything on your hands. You can easily write the following strategy: Enter long at the Open price when the current bar rises. Close at the Close price. </p><p>* FSB has more indicator parameters.&nbsp; For Accelerator Oscillator you can set: smoothing method, base price, slow MA period, fast MA period, forming MA period, critical level, and logic of application.<br />* MT has no options in its standard AE.</p><p>* FSB recognizes the ambiguous bars. These are the bars with more than one active order within the bar range. They are vital for a reliable back test.<br />* MT does not know anything about such bars. (Or it hides them from the user.)</p><p>* FSB tells you all about the back test:<br />&nbsp; &nbsp; - all orders: sent, canceled and executed;<br />&nbsp; &nbsp; - it shows you the price route within a bar;<br />&nbsp; &nbsp; - it counts the ambiguous bars<br />* MT has only trading statistics and a simple journal</p><p>* FSB is extremely fast. It makes a back test with all available intrabar data for less than a second.<br />* MT is extremely slow. I really don&#039;t know what they are doing so long.</p><p>* FSB manages the ambiguous bars using different interpolation methods; pessimistic, optimistic, nearest order first, shortest price route, and random execution.<br />* MT uses unknown interpolation method.</p><p>That is my opinion about both products but it might be subjective.<br /> You are welcome to add or correct me <img src="https://forexsb.com/forum/img/smilies/smile.png" width="15" height="15" alt="smile" /></p></blockquote></div><p>This is what I needed to read right now. I want to trade perfectly.I hate code but love the curves and have had enogh math to appreciate the goal and get paid for my interest. I just sat through a tutorial by some showingme &quot;do All magic switches&quot;. Thanx. Be strong and very courageous.</p>]]></content>
			<author>
				<name><![CDATA[delbertino]]></name>
				<uri>https://forexsb.com/forum/user/392/</uri>
			</author>
			<updated>2008-06-21T23:20:55Z</updated>
			<id>https://forexsb.com/forum/post/1260/#p1260</id>
		</entry>
		<entry>
			<title type="html"><![CDATA[Re: Forex Strategy Builder vs MetaTrader]]></title>
			<link rel="alternate" href="https://forexsb.com/forum/post/1257/#p1257" />
			<content type="html"><![CDATA[<p>The FSB&#039;s strategies are easy for trade. We always know the position&#039;s entry price at the moment of the bar opening.</p>]]></content>
			<author>
				<name><![CDATA[rodrigo]]></name>
				<uri>https://forexsb.com/forum/user/180/</uri>
			</author>
			<updated>2008-06-20T17:02:20Z</updated>
			<id>https://forexsb.com/forum/post/1257/#p1257</id>
		</entry>
		<entry>
			<title type="html"><![CDATA[Re: Forex Strategy Builder vs MetaTrader]]></title>
			<link rel="alternate" href="https://forexsb.com/forum/post/1253/#p1253" />
			<content type="html"><![CDATA[<p>FSB ++<br /> - strategy generator<br /> - strategy overview</p><p>FSB --<br /> - there is no automatic data update</p><p>MT--<br /> for non programmers it is a charting tool</p>]]></content>
			<author>
				<name><![CDATA[zumma]]></name>
				<uri>https://forexsb.com/forum/user/374/</uri>
			</author>
			<updated>2008-06-19T09:26:32Z</updated>
			<id>https://forexsb.com/forum/post/1253/#p1253</id>
		</entry>
		<entry>
			<title type="html"><![CDATA[Forex Strategy Builder vs MetaTrader]]></title>
			<link rel="alternate" href="https://forexsb.com/forum/post/1250/#p1250" />
			<content type="html"><![CDATA[<div class="quotebox"><blockquote><p>Dear Sir,</p><p>Could you please advice what is the different of your forex strategy builder with MT4 EA?<br />What is the benefit to use your software?</p><p>Your reply will much appreciate.</p><p>Thanks</p></blockquote></div><p>* FSB is a Forex strategy back tester.<br />* MT is a trading platform + back tester.</p><p>* FSB uses visual interface. All indicators, rules and parameters are arranged in menus.<br />* MT has a programmatic interface. You write your strategy in MQL4</p><p>* In FSB you can use the provided indicators only. (More than 80 at the moment.)<br />* In MT you can load or design custom indicators. (Virtually unlimited number.)</p><p>* FSB is supported and developed by me and a small group of consultants.<br />* MT is owned by a powerful company.</p><p>* FSB protects the users. You cannot set a ?faulty? strategy.<br />* MT leaves everything on your hands. You can easily write the following strategy: Enter long at the Open price when the current bar rises. Close at the Close price. </p><p>* FSB has more indicator parameters.&nbsp; For Accelerator Oscillator you can set: smoothing method, base price, slow MA period, fast MA period, forming MA period, critical level, and logic of application.<br />* MT has no options in its standard AE.</p><p>* FSB recognizes the ambiguous bars. These are the bars with more than one active order within the bar range. They are vital for a reliable back test.<br />* MT does not know anything about such bars. (Or it hides them from the user.)</p><p>* FSB tells you all about the back test:<br />&nbsp; &nbsp; - all orders: sent, canceled and executed;<br />&nbsp; &nbsp; - it shows you the price route within a bar;<br />&nbsp; &nbsp; - it counts the ambiguous bars<br />* MT has only trading statistics and a simple journal</p><p>* FSB is extremely fast. It makes a back test with all available intrabar data for less than a second.<br />* MT is extremely slow. I really don&#039;t know what they are doing so long.</p><p>* FSB manages the ambiguous bars using different interpolation methods; pessimistic, optimistic, nearest order first, shortest price route, and random execution.<br />* MT uses unknown interpolation method.</p><p>That is my opinion about both products but it might be subjective.<br /> You are welcome to add or correct me <img src="https://forexsb.com/forum/img/smilies/smile.png" width="15" height="15" alt="smile" /></p>]]></content>
			<author>
				<name><![CDATA[Popov]]></name>
				<uri>https://forexsb.com/forum/user/2/</uri>
			</author>
			<updated>2008-06-19T07:48:24Z</updated>
			<id>https://forexsb.com/forum/post/1250/#p1250</id>
		</entry>
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