I'd need a clarification about the logic of "N Bars Exit".

I attach a demo strategy example with Bar Closing exit condition and 2 logical groups:

a) with N Bars Exit = 1
b) with N Bars Exit = 10 AND Donchian Channel

Do I understand it correctly if I say that a) OR b) must be satisfied at the end of every bar to close a position?

If so, I'd expect all the positions to be closed after 1 bar, being b) constrained by a minimum of 10 bars.
It doesn't seem to be the case in my attachment, i.e. the group b) is effectively playing a role in the exit strategy.

I'm rather confused and I'd appreciate a clarification on that.

Thanks.

I'd like to introduce the condition in subject, to be able to close a position if in loss after a certain amount of time.

Any suggestions on how to specify it in a logical group?

Thank you.

It was generated on EURUSD, which is one of its worst performing pairs with a system quality number of 4.97 (some pairs are >8).  I've immediately put it on demo on a few pairs, but interested in other experiences where you've generated a strategy where teh backtests can't possibly be accurate?

Let's say I have 10 EA's on the terminal, but only 5 with open positions. If another EA is going to open some positions, but realizes that the account drawdown is -50%, I want to prevent that 6th EA open some positions until the drawdown gets better.

I can't figure if there is some indicator/logic to configure this.

Thanks in advance.

EA Logic is as follows:

Opening (Entry Signal)
Open a new long position or add to an existing position or reverse a short position at Lower Band of Donchian Channel* (8, 2) when:

logical group (C) is satisfied:
MACD Histogram* (Exponential, Weighted, Exponential, 48, 5, 42) changes its direction upward; and
Commodity Channel Index (Simple, Open, 94, 1.000) rises; and
ADX* (Weighted, Bar range, 104) rises; and
the Choppiness Index* (12, 73) is lower than the level line; and
Commodity Channel Index* (Simple, Typical, 92, 0.031) is higher than the Level -98.

or logical group (B) is satisfied:
Commodity Channel Index (Simple, Open, 94, 1.000) rises; and
Money Flow Index* (1) crosses the Level 50 upward [GBPJPY H4]; and
Trix MA Oscillator (Smoothed, Smoothed, Open, 4, 13) rises; and
ADX* (Weighted, Bar range, 104) rises; and
the Choppiness Index* (12, 73) is lower than the level line; and
Commodity Channel Index* (Simple, Typical, 92, 0.031) is higher than the Level -98.

or logical group (D) is satisfied:
Commodity Channel Index (Simple, Open, 94, 1.000) rises; and
the bar opens above the Vidya Moving Average* (High, 62, 16) after opening below it; and
ADX* (Weighted, Bar range, 104) rises; and
the Choppiness Index* (12, 73) is lower than the level line; and
Commodity Channel Index* (Simple, Typical, 92, 0.031) is higher than the Level -98.

Open a new short position or add to an existing position or reverse a long position at Upper Band of Donchian Channel* (8, 2) when:

logical group (C) is satisfied:
MACD Histogram* (Exponential, Weighted, Exponential, 48, 5, 42) changes its direction downward; and
Commodity Channel Index (Simple, Open, 94, 1.000) falls; and
ADX* (Weighted, Bar range, 104) rises; and
the Choppiness Index* (12, 73) is lower than the level line; and
Commodity Channel Index* (Simple, Typical, 92, 0.031) is lower than the Level --98.

or logical group (B) is satisfied:
Commodity Channel Index (Simple, Open, 94, 1.000) falls; and
Money Flow Index* (1) crosses the Level 50 downward [GBPJPY H4]; and
Trix MA Oscillator (Smoothed, Smoothed, Open, 4, 13) falls; and
ADX* (Weighted, Bar range, 104) rises; and
the Choppiness Index* (12, 73) is lower than the level line; and
Commodity Channel Index* (Simple, Typical, 92, 0.031) is lower than the Level --98.

or logical group (D) is satisfied:
Commodity Channel Index (Simple, Open, 94, 1.000) falls; and
the bar opens below the Vidya Moving Average* (High, 62, 16) after opening above it; and
ADX* (Weighted, Bar range, 104) rises; and
the Choppiness Index* (12, 73) is lower than the level line; and
Commodity Channel Index* (Simple, Typical, 92, 0.031) is lower than the Level --98.
Closing (Exit Signal)
Close an existing long position at Upper Band of Envelopes* (Weighted, Median, 11, 1.17).

Close an existing short position at Lower Band of Envelopes* (Weighted, Median, 11, 1.17).

Handling of Additional Entry Signals**
Entry signal in the direction of the present position:

Add to the position no matter if it is at a profit or loss. Do not exceed the maximum allowed number of lots to open.
Entry signal in the opposite direction:

Close the existing position and open a new one in the opposite direction using the entry rules.
Trading Size
Trade percent of your account.

Opening of a new position - 1.25% of the account equity.
Adding to a position - 0.5% of the account equity. Do not open more than 100 lots.
Reversing a position - 1.25% of the account equity in the opposite direction.
Apply Martingale money management system with multiplier of 1.33.

Protection
The strategy does not provide a permanent loss limitation.

The strategy does not use a Take Profit.

--------------
* Use the indicator value from the previous bar for all asterisk-marked indicators!
** The averaging rules apply to the entry signals only. Exit signals close a position. They cannot open, add or reduce one.

Top

Strategy Properties
Handling of Additional Entry Signals
Next same direction signal behavior - Adds to the position
Next opposite direction signal behavior - Reverses the position

Trading Size
Trade percent of your account. The percentage values show the part of the account equity used to cover the required margin.

Maximum number of open lots - 100
Number of entry lots for a new position - 1.25% of the account equity
Martingale money management multiplier - 1.33
In case of addition - number of lots to add - 0.5% of the account equity

Protection
Stop Loss - None
Take Profit - None
Break Even - None

Unlike most people I've actually attached the EA. I don't know how anyone expects to improve their trading strategy simply based on the balance/equity chart when we know nothing about the logic of the trading strategy. Seems to work with EURJPY as well, not as good but still remains profitable. Main things I would like to improve is finding more trades and a better exit strategy mainly

Go long:
Ema, 2, high, changes direction upward
Ema, 2, low, falls

Go short:
Ema, 2, high, rising
Ema, 2, low, changes direction downward.

It looks like I could use an Outside bar indicator but then I would need another logic to get a trade howevere, it is not th strategy I would like to see.

Many thanks!

A query:

FSB Pro generates strategies through artificial intelligence, but it is not clear how it does it and which of all it uses, that is, from strategy No. 1 generated by FSB, it is created by neural networks or genetic programming or genetic algorithms or neural networks with weights. optimized by genetic algorithms or decision trees or fuzzy logic or vector machine or closest neighbors or the sum of all the above ?.

Thank you for your attention, I await your kind response.
Greetings,
Marco

But they're all seconds
why
I'll upload it to you

The golden generation strategy is invincible

Actual loss

can i use "save as expert advisor" without generating?means only select my indicators and only save as expert advisor for making mt5 format.?
is it correct?

I USE MOVING AVERAGE AND DEMARKER FOR ENTRY IN TRADE POSITION .
PLEASE HELP ME HOW COULD MINIMIZE LOSSES ! IN THIS TIME FRAME .
MY STRATEGY HAVE VERY GOOD WIN/LOSS RATIO . BUT I CANT MINIMIZE QUANTITY OF LOSSES .
Time Frame : 1 Min
TP: 5 PIP
SL: 35 PIP
I NEED EXIT RULES WITH SOME INDICATORS OR CONDITIONS .
TANKS.

Bars in test    32465    Ticks modelled    363272    Modelling quality    n/a
Mismatched charts errors    0               
Initial deposit    100.00            Spread    Current (17)
Total net profit    -98.54    Gross profit    187.86    Gross loss    -286.40
Profit factor    0.66    Expected payoff    -0.30       
Absolute drawdown    98.54    Maximal drawdown    108.72 (98.68%)    Relative drawdown    98.68% (108.72)
Total trades    324    Short positions (won %)    163 (89.57%)    Long positions (won %)    161 (86.34%)
    Profit trades (% of total)    285 (87.96%)    Loss trades (% of total)    39 (12.04%)
Largest    profit trade    0.66    loss trade    -7.44
Average    profit trade    0.66    loss trade    -7.34
Maximum    consecutive wins (profit in money)    29 (19.14)    consecutive losses (loss in money)    3 (-22.12)
Maximal    consecutive profit (count of wins)    19.14 (29)    consecutive loss (count of losses)    -22.12 (3)
Average    consecutive wins    9    consecutive losses    1