pradeepgolfer wrote:

scraig wrote:

Hi,
Just downloaded the software last night.  Sent some questions to Support last night but never got a response, so I will try here.

1)  Can commercial EAs be tested and optimized on FSB?

2)  Since there is a lot more to learn with this SW than I first thought, is it possible to uninstall the SW and re-install later after I have had a chance to work thru the User's Guide so I don't totally burn up my demo period trying to learn it?

Stephen

i wonder if this will work: go to source file and down load it into FSB stratergy folder

no there is a missing step

?

It was already answered mq4 is not supported, you can export a strat to mq4 but you cannot put an EA into FSB for backtest. If you know the logic and rules, it's generally possible to build it in FSB.

sorry yes thanks for repeating

scraig wrote:

Hi,
Just downloaded the software last night.  Sent some questions to Support last night but never got a response, so I will try here.

1)  Can commercial EAs be tested and optimized on FSB?

2)  Since there is a lot more to learn with this SW than I first thought, is it possible to uninstall the SW and re-install later after I have had a chance to work thru the User's Guide so I don't totally burn up my demo period trying to learn it?

Stephen

i wonder if this will work: go to source file and down load it into FSB stratergy folder

no there is a missing step

?

It was already answered mq4 is not supported, you can export a strat to mq4 but you cannot put an EA into FSB for backtest. If you know the logic and rules, it's generally possible to build it in FSB.

Hi,
Just downloaded the software last night.  Sent some questions to Support last night but never got a response, so I will try here.

1)  Can commercial EAs be tested and optimized on FSB?

2)  Since there is a lot more to learn with this SW than I first thought, is it possible to uninstall the SW and re-install later after I have had a chance to work thru the User's Guide so I don't totally burn up my demo period trying to learn it?

Stephen

i wonder if this will work: go to source file and down load it into FSB stratergy folder

no there is a missing step

i am seeing my third videos in the strategy structure:closing point.

all the videos are beautifully made,explained in depth,by Popov: i am just loving seeing him explain how the software works with all the different options.

Flitting from one thing to the other will be counterproductive.

You will have to list your priorities and  carefully approach those in some semblance of order.

My technique is to start with the exit for a trade...... determine exactly the condition or conditions for exit and then fill in the blanks for entry.

Other people focus on entry.

Those are decisions that have to be considered.

Auto trading is not chart trading, there is a huge difference.

FSBPro is a math program, it does not look at charts, it only does calculations, and it is very precise, far more precise than any charting program.

There is a tendency to want to use xyz indicator as it appears on a chart in MT4... does not work...... because MT4 does not draw the chart accurately, best to rely on the math process. There is huge frustration as people try to translate their vision of a pattern from a charting program to FSBPro.

Regard the indicators in FSBPro as math formulas..... forget about their appearance on a chart in MT4, use only the charts in FSBpro as they are precise . Actually, disregard MT4 as it is a bogus representation designed to steal your money, it is a vehicle for FSBPro to enter trades ONLY.

The indicators in the program and in the repository should be enough to fill most needs, there is not great need to have the latest pie in the sky MT4 indicators, the current inventory is quite satisfactory for most needs.

What is most important is that you learn how to use OOS and the testing tools provided as they will estimate the value of the strategies that you create. Once you master that, you can create the simplest strategies and be quite profitable.

Our tendency is to jump all over the place.. doesn't work.

What does work is the detailed approach that H has demonstrated, she has analyzed a couple indicators and built a profitable business......  spent hundreds or thousands of hours exploiting her approach.

And now has the reward.

in 24 hours Popov has answered 7 of my questions-this is amazing.

we are always in a hurry..... i have been hurrying for 30 years! now i wonder why!

You can go to the index and read each thread...... learn from answers to questions that others have had.

I read old posts often because some very experienced traders have asked some excellent questions.

The video series is worth watching several times.... you will gradually assimilate the concepts.

There is no short cut available...... you are going to have to dig into each facet of the program and experiment until you  learn how to use it.

I have been using this software for several years and I still struggle with certain tools.

daveM

Finally, Hannahis, you mentioned an issue with the files over writing and dropping the earliest days.  Has that been worked out or a work around been found?

I will continue to follow your plan and will probably join Premium with a monthly subscription here soon.

Where is a good starting point to learn the FxSB SW?

Stephen

Hi Stephen,

Sorry for the late reply.  I've not resolved the issue with the data over write issue as I couldn't pinpoint where is the problem.

As for where is the starting point to learn FSB, well I personally feel nothing beats hands on experience.  Play around with different trading style/strategies and observe how your trades open and close, how accuracy the opening from the lowest peak and how accuracy it close at the highest peak etc (don't just look at the profit and loss, you learn nothing).

By observing how it open and close, you would then understand where you need to work on your EA to improve it.

Is it an issue of poor opening/closing?.  Is it an issue to too low SL? Is it an issue with "insensitive" parameters that resulted to slow opening/closing?, Is it an issue with too many multiple opening/closing and hence need the suitable indicators to remove "false" signal or avoid side way trending, etc

After all these years of observing the characteristics of the market behaviours, it is easier for me to understand what kind of settings I can use for each unique type of EA development, i.e. scalper EA, day trading EA, swing trade EA, etc. hence, these knowledge served as an advantage when I use FSB Generator or creating my own EA.

Do be patient with yourself, some short cuts are nice to have to speed up our learning curves but some short cuts, short change us of our learning experience and leave us shallow in our trading knowledge.  I wish you all the best in your new endeavor and do join in our discussion to make this forum a lively one whereby we can support one another.  When I was new, I (wasn't shy to) ask many "stupid" questions but Popov, Footon and Dave were very patient to help me in my learning process.  So I'm confident, you can always count on them to assist you whenever you are in doubt or in need of any clarification.  It isn't foolish to ask questions but foolish not to learn.

Best Regards
Hannah (she/her)

this is the only second day of my trial but i have already made a ea and loaded it on mt4 and it has made one winning trade.

i cannot believe how easy it it is : all you have to do is see the videos

i have been trading for 30 years but i have never seen anything like this.

i have also taken another software trial and after one week still struggling.

the support here in the forum is fantastic

Stephen

If any "roadblocks" appear, let us know, we'll figure something out!

Stephen

If you're more practically inclined, jump right in and start your learning process by experimenting. Vital to take note how to build a strat in FSB, firstly the opening point, which defines in which point a position can be opened. For example, Bar Opening means at bar open, Bar Closing means at bar closing, different indis can be used for this purpose as well, like MA, band indicators etc.
Then you have the opening slot condition. This defines what has to happen for the position to be opened at your defined opening point. For example, if you want a MA to rise, for this you select MA, set the logic to "rises" and you're sorted.

Closing slots follow the same principle, you select the closing point and then a closing condition, if necessary.

You only define the long logic while building your strategies, short will be mirrored long. If you have an opening condition set as "rises", then for short it will be automatically "falls".

Hope this helps!

Finally, Hannahis, you mentioned an issue with the files over writing and dropping the earliest days.  Has that been worked out or a work around been found?

I will continue to follow your plan and will probably join Premium with a monthly subscription here soon.

Where is a good starting point to learn the FxSB SW?

Stephen

Hannahis, thank you as well for the very detailed plan.

Stephen