Forex Software — entry and exit strategy

Re: entry and exit strategy

2016-09-14T08:01:06Z

thank you Popov
this is exactly what I'm requesting.
I dont expect FSB Pro to be able to do this.
based on my example above, how do we exposed this as input parameters?
i.e. One of the EA input parameter for Envelope indicator would be
Close an existing short position : At Lower Band of Envelopes | At Upper Band of Envelopes (options in a dropdown list)?
an example like how u answered my "hiding parameters question" is much appreciated.

Re: entry and exit strategy

2016-09-14T07:48:54Z

You can test it in MT5.
You can modify the logical rules in the source code. You can also expose them in the input parameters, but you have to program this in the EA code. There is no option for that in FSB Pro.

Re: entry and exit strategy

2016-09-14T07:43:32Z

ok, so its not possible to also modify them just so we can backtest in mt5 etc?

Re: entry and exit strategy

2016-09-14T07:38:36Z

No, it is not possible. We use FSB Pro for modifying and testing the strategies because we think it has a better backtester.

A change in the logical rules may significantly change the behavior of the EA and without a proper backtest end robustness analysis it is too risky for trading.

Re: entry and exit strategy

2016-09-14T07:30:39Z

Hi Popov
Not sure if u understand my question correctly
I understand your solution above
My question is instead of hardcoding "Close an existing short position at Lower Band of Envelopes",
is it possible to parameterized the above options;
i.e. One of the EA input parameter for Envelope indicator would be
Close an existing short position : At Lower Band of Envelopes | At Upper Band of Envelopes (options in a dropdown list)?

if u can provide advice how to modify the codes to the above, would be great. tq so much

Re: entry and exit strategy

2016-09-14T07:09:38Z

You have to set only the logic rules for Long entry and FSB Pro will apply mirror rules for the short entries.

You can see the complete rule sin the Overview page.

And in Overview:

Logic

Opening (Entry Signal)

Open a new long position at the beginning of the bar when the following logic condition is satisfied:
* the bar opens below Upper Band of Bollinger Bands* (Simple, Close, 20, 2.00).

Open a new short position at the beginning of the bar when the following logic condition is satisfied:
* the bar opens above Lower Band of Bollinger Bands* (Simple, Close, 20, 2.00).

Closing (Exit Signal)

Close an existing long position at Upper Band of Envelopes* (Simple, Close, 14, 1.00).

Close an existing short position at Lower Band of Envelopes* (Simple, Close, 14, 1.00).

entry and exit strategy

2016-09-14T04:53:05Z

Hello all
I'm new
Just starting to test out the software.
How do i parameterized the entry and exit strategy
for eg. for entry strategy (Bollinger band)

I wish to have two input parameter for BUY
For Bollinger Band, two parameter selection as below;
The bar opens below upper band
The Bar opens above upper band

and for exit strategy (Envelope)
two parameter selection

Exit long at upper band
Exit long at lower band

So the entry and exit strategies to be parameterized instead of hardcoded.

Please advise if the above is possible?