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		<title><![CDATA[Forex Software — Wow strategy]]></title>
		<link>https://forexsb.com/forum/topic/1607/wow-strategy/</link>
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		<description><![CDATA[The most recent posts in Wow strategy.]]></description>
		<lastBuildDate>Thu, 08 Jul 2010 14:54:01 +0000</lastBuildDate>
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			<title><![CDATA[Re: Wow strategy]]></title>
			<link>https://forexsb.com/forum/post/5687/#p5687</link>
			<description><![CDATA[<p>Yes. It&#039;s quite important for us to find out bugs &amp; problems together &amp; improve FSB &amp; FST&nbsp; <img src="https://forexsb.com/forum/img/smilies/smile.png" width="15" height="15" alt="smile" /> </p><p>I wonder it&quot;ll be nice if FSB can be connected to MT4 &amp; take in the real time data. Then we can check the strategy more conveniently.<br />Or, FST has kind of &quot;signal maker mode&quot; just to make the signal &amp; doesn&#039;t order automatically, so that we don&#039;t have to do demo trading.<br />Then we can check our strategy can work on the real trading or not.</p>]]></description>
			<author><![CDATA[null@example.com (NicholasK)]]></author>
			<pubDate>Thu, 08 Jul 2010 14:54:01 +0000</pubDate>
			<guid>https://forexsb.com/forum/post/5687/#p5687</guid>
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			<title><![CDATA[Re: Wow strategy]]></title>
			<link>https://forexsb.com/forum/post/5669/#p5669</link>
			<description><![CDATA[<p>From the original post (<a href="http://forexsb.com/forum/topic/1372/new-indicators-higher-time-frame-indicators-set/page/2/">http://forexsb.com/forum/topic/1372/new … et/page/2/</a>):</p><div class="quotebox"><cite>zuijaideai wrote:</cite><blockquote><p>Attached are the most important indicators for HTF indicators set:</p><p>- HTF Bar Opening Indicators<br />- HTF Bar Closing Indicators</p><p>These two indicators must be used in pairs with others HTF indicators, because it will filter out the entry/exit signal in the opening and closing of HTF bars. Otherwise the wrong entry or exit signal might be generated if not using this indicator.</p></blockquote></div><p>The sample strategy posted uses HTF for exit signal, but does not use the HTF Bar Closing Indicator. However, I was not able to combine HTF Bar Closing with HTF Moving Average; it only allows one or the other.</p><p>Further post:<br /></p><div class="quotebox"><cite>zuijaideai wrote:</cite><blockquote><p>The major issue that we have now on FSB: There is limitation on the exit panel to use the Bar Closing indicator only. Bar Closing (HTF v4) is not recognized yet as essential indicator in FSB. So I do hope Popov can remove this limitation.</p></blockquote></div><p>I suppose it&#039;s possible the HTF indicators are not yet ready for closing signals, but that&#039;s only a guess.</p><p>The issue I guess you see now is the repainting issue. As new bars on your lower time frame appear, the HTF indicator draws to that value. Then the next one comes, and the HTF indicator repaints itself to include the new lower time frame data bar. But FSB only sees the HTF indicator value at the end of the higher time frame interval. So, there is a high probability FST is working with several different HTF indicator values over that period, where FSB sees and works with only the ending HTF indicator value. </p><p>If you are using FST, do you see the HTF line (ex.,&nbsp; on a 5 minute chart, use Moving Average HTF at 1 hour, with Period=1) go up and down with each new bar? If so, this might support my theory.</p><p>Hopefully zuijaideai is available to offer some guidance, he might be more familiar with these indicators.</p>]]></description>
			<author><![CDATA[null@example.com (krog)]]></author>
			<pubDate>Wed, 07 Jul 2010 01:32:48 +0000</pubDate>
			<guid>https://forexsb.com/forum/post/5669/#p5669</guid>
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			<title><![CDATA[Re: Wow strategy]]></title>
			<link>https://forexsb.com/forum/post/5667/#p5667</link>
			<description><![CDATA[<p>Hi NicholasK,<br />No offense taken, you are absolutely correct. Actually, I was expecting a bunch of angry posts, and usually upfront humility helps mitigate that&nbsp; <img src="https://forexsb.com/forum/img/smilies/big_smile.png" width="15" height="15" alt="big_smile" /> . Good to know FSB community is more interested in&nbsp; solving the problem. I agree with your recommendation for some way (FSB or community process) to catch this type of bug because it is a problem that anyone can post an indicator, but other users have no way to know how much it&#039;s been tested. Geektrader is right, I implented &quot;previous bar&quot; incorrectly, so it&#039;s based on the close which is not known until the end. For now, it&#039;s not a bug in FSB, rather it&#039;s up to the coder to implement this correctly.</p><p>I can illustrate the Bar Range Bands bug, this is a general bug that could happen with any newly posted indicator. Thanks to footon for helping me figure it out on another indicator I posted. If your strategy demonstrates some &quot;too good to be true&quot; results, this is one of the things to look for. Best to look for an entry on a long bar, it will be more visible.</p><br /><p><a href="http://www.postimage.org/image.php?v=Pq6JU6J"><span class="postimg"><img src="http://s3.postimage.org/6JU6J.jpg" alt="http://s3.postimage.org/6JU6J.jpg" /></span></a></p><p>When your strategy is set to Bar Opening, FSB will enter at the opening of the bar. If the indicator&#039;s Base Price is set to Close (or high or low), the bar&#039;s close triggers the signal. The screenshot shows this -- the close of the bar triggers the signal, then FSB goes back in time to enter at the opening of the bar. Since I&#039;ve got the exit as at Bar Closing, you can see it would almost always be a winning trade. Further, since FST cannot go back in time like FSB, you will see a mismatch between the trades.</p><p>What should happen is the signal at the close of bar 13:15 should cause FSB to enter at the open of 13:20, not the open of 13:15 (the same bar as the closing signal). That is what &quot;Use previous&quot; tick box will check for, which Bar Range Bands unfortunately does not implement correctly. </p><p>I&#039;ll take a look at the next wow strategy you&#039;ve got for GBP/JPY. You mention changing the entry conditions, what about changing the exit condition? I&#039;ll take a look, see if I can offer some ideas to test and verify.</p>]]></description>
			<author><![CDATA[null@example.com (krog)]]></author>
			<pubDate>Tue, 06 Jul 2010 23:50:37 +0000</pubDate>
			<guid>https://forexsb.com/forum/post/5667/#p5667</guid>
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			<title><![CDATA[Re: Wow strategy]]></title>
			<link>https://forexsb.com/forum/post/5649/#p5649</link>
			<description><![CDATA[<p>Dear krog, <br />People are not blaming you. I&#039;m sorry if some of my expression would be offensive.&nbsp; Now I don&#039;t think it is your indicator problem, because I found another &quot;wow strategy&quot; without using Bar Range Bands &amp; Price Move. So please help us especially those who don&#039;t have ability of coding like me.&nbsp; <img src="https://forexsb.com/forum/img/smilies/smile.png" width="15" height="15" alt="smile" /> <br />I think there is something wrong in FSB system itself. </p><p>I wish people here can check it together.<br />Here is an example.</p><p>&lt;GBP/JPY 5min&gt;<br />Strategy Properties<br />&nbsp; &nbsp;Same direction signal - Add <br />&nbsp; &nbsp;Opposite direction signal - Nothing <br />&nbsp; &nbsp;Permanent Stop Loss - None <br />&nbsp; &nbsp;Permanent Take Profit - None </p><p>Opening Point of the Position<br />&nbsp; &nbsp;Previous High Low<br />&nbsp; &nbsp;Enter long at the previous high<br />&nbsp; &nbsp;Base price - High and Low <br />&nbsp; &nbsp;Vertical shift - 0 </p><p>Closing Point of the Position<br />&nbsp; &nbsp;Bar Closing<br />&nbsp; &nbsp;Exit the market at the end of the bar<br />&nbsp; &nbsp;Base price - Close </p><p>Closing Logic Condition<br />&nbsp; &nbsp;On Balance Volume (HTF v4)<br />&nbsp; &nbsp;The On Balance Volume falls<br />&nbsp; &nbsp;Higher Time Frame Reference - 1 Hour <br />&nbsp; &nbsp;Use previous bar value - No </p><p>And the result is same like the strategy mentioned above.<br />Number of bars 5627 then account balance is 31956.00USD with very beautiful curve on equity chart.</p><p>If you change the opening point to Price Move (1), then account balance is 34201.<br />&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Ross Hook, then 18015.<br />&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; Heikin Ashi HA high, then 30623... and so on...</p><p>I believe this type of strategy does NOT work on real trading unfortunately.<br />I wish FSB admin can find out why this can occur in backtester &amp; cannot occur in real trading.&nbsp; <img src="https://forexsb.com/forum/img/smilies/smile.png" width="15" height="15" alt="smile" /></p>]]></description>
			<author><![CDATA[null@example.com (NicholasK)]]></author>
			<pubDate>Tue, 06 Jul 2010 09:04:28 +0000</pubDate>
			<guid>https://forexsb.com/forum/post/5649/#p5649</guid>
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			<title><![CDATA[Re: Wow strategy]]></title>
			<link>https://forexsb.com/forum/post/5639/#p5639</link>
			<description><![CDATA[<p>I posted this indicator. Looking at the results, if you use as enter at Bar Opening with price basis = Close, I think it is safe to assume the indicator has a bug for getting a signal at the close of the bar then entering the position at the opening of the bar, which would be impossible and cause FSTrader and FSBuilder backtests not to match. Please remove this indicator from your Custom Indicators and strategies, and pass on the word it&#039;s broken and should not be used. I&#039;ll take down my post of it, and in future I will leave indicator coding to more knowledgeable posters.<br />I posted it, and it&#039;s difficult to think of and check all use cases. I agree with NicholasK, it would be great if FSB could detect this type of error, or have someone check posted indicators, or some kind of QA basic test package for custom indicators.</p>]]></description>
			<author><![CDATA[null@example.com (krog)]]></author>
			<pubDate>Mon, 05 Jul 2010 20:40:05 +0000</pubDate>
			<guid>https://forexsb.com/forum/post/5639/#p5639</guid>
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			<title><![CDATA[Re: Wow strategy]]></title>
			<link>https://forexsb.com/forum/post/5638/#p5638</link>
			<description><![CDATA[<p>I think the indicator is simply coded wrong to NOT use previous bar value even if the box is checked. You can try, use Entry Point &quot;Bar Opening&quot; then control the Use Previous Bar variable manually by disabling auto-control. Once you´ve done so, you can now manually enable and disable the &quot;use previous bar&quot;-box of the Bar Range Bands indicator and it makes no difference if you check it or if you don´t check it. But actually it should make a difference. I guess the author has implemented this wrong and it always uses the close of the current bar, which in live-trading is not known until the bar closes, but it is in backtesting. And hence the straight equity lines with dream-profits.</p><p>Also, if you use Entry Point &quot;Bar Closing&quot;, you can´t get the Bar Range Bands to create any profitable strategy, because with this method it IS forced to use the closing of the previous bar and now it doesn´t work anymore then:(</p><p>Would have been to good to be true.</p>]]></description>
			<author><![CDATA[null@example.com (geektrader)]]></author>
			<pubDate>Mon, 05 Jul 2010 20:20:29 +0000</pubDate>
			<guid>https://forexsb.com/forum/post/5638/#p5638</guid>
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			<title><![CDATA[Re: Wow strategy]]></title>
			<link>https://forexsb.com/forum/post/5635/#p5635</link>
			<description><![CDATA[<p>See this post <a href="http://www.forexfactory.com/showthread.php?t=241808&amp;page=4">http://www.forexfactory.com/showthread. … amp;page=4</a>, in post 50, the user &quot;Spook&quot; uses exactly this strategy and says it has been profitable the last week for him. I am really wondering though if he can back it up. Someone should post there.</p>]]></description>
			<author><![CDATA[null@example.com (geektrader)]]></author>
			<pubDate>Mon, 05 Jul 2010 13:07:17 +0000</pubDate>
			<guid>https://forexsb.com/forum/post/5635/#p5635</guid>
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			<title><![CDATA[Re: Wow strategy]]></title>
			<link>https://forexsb.com/forum/post/5634/#p5634</link>
			<description><![CDATA[<p>My report again...<br />This strategy does NOT work.<br />I found that signal point on backtester (FSB) &amp; signal maker (FST) are totally different.<br />If FST is functioning properly, then the strategy itself has problem.<br />I wish new version of FSB can detect &amp; avoid this type of strategy.</p>]]></description>
			<author><![CDATA[null@example.com (NicholasK)]]></author>
			<pubDate>Mon, 05 Jul 2010 12:17:42 +0000</pubDate>
			<guid>https://forexsb.com/forum/post/5634/#p5634</guid>
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			<title><![CDATA[Re: Wow strategy]]></title>
			<link>https://forexsb.com/forum/post/5633/#p5633</link>
			<description><![CDATA[<p>Put this strategy for 2-3 weeks forward test to see the real results. According to my experiences, you may get perfect backtest results with perfect logic that will fail on real world trading.</p><p>I always use 1-1.5 pip slippage as a default parameter to avoid too unrealistic results.</p>]]></description>
			<author><![CDATA[null@example.com (zenoni)]]></author>
			<pubDate>Mon, 05 Jul 2010 09:55:26 +0000</pubDate>
			<guid>https://forexsb.com/forum/post/5633/#p5633</guid>
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			<title><![CDATA[Re: Wow strategy]]></title>
			<link>https://forexsb.com/forum/post/5630/#p5630</link>
			<description><![CDATA[<p>using the bar bands indicator alone Gives More win trades <img src="https://forexsb.com/forum/img/smilies/smile.png" width="15" height="15" alt="smile" /> So why complicate issues wit other indicators!!!</p><br /><p>What is the Logic ( Rules ) of that idicator if any one know ??</p><br /><p><a href="http://www.postimage.org/image.php?v=TsnIXXr"><span class="postimg"><img src="http://s2.postimage.org/nIXXr.jpg" alt="http://s2.postimage.org/nIXXr.jpg" /></span></a></p>]]></description>
			<author><![CDATA[null@example.com (ahmedalhoseny)]]></author>
			<pubDate>Mon, 05 Jul 2010 08:22:57 +0000</pubDate>
			<guid>https://forexsb.com/forum/post/5630/#p5630</guid>
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			<title><![CDATA[Re: Wow strategy]]></title>
			<link>https://forexsb.com/forum/post/5628/#p5628</link>
			<description><![CDATA[<p>Dear all <br />i spent all night try to find what is wrong in that strategy but couldnot But i will share some findings </p><p>1- any strategy will work at any of currency pairs with profit !!!!!</p><p>2- the Price move =1 is so strange for me&nbsp; and even if i changed to price move down =1 it gives more or less the same results BUT if i removed that 1 pip price move from strategy it turns to a huge losses </p><p>3- I test it for 1 hr and 4 Hr time frame with the same setting except changing the price move and i found and both time frames gives profits until the price move exceed 10 pips&nbsp; for both time frames!!!!!!!!</p><p>4- The last Point : That indicator coded by whom??????? </p><p>and for acharyadas may yoy provide us the link in forex factory that discuss that strategy</p><p>Attached here the same strategy without entry time&nbsp; <img src="https://forexsb.com/forum/img/smilies/smile.png" width="15" height="15" alt="smile" /> !!!!!!<br />Regards</p>]]></description>
			<author><![CDATA[null@example.com (ahmedalhoseny)]]></author>
			<pubDate>Mon, 05 Jul 2010 08:05:07 +0000</pubDate>
			<guid>https://forexsb.com/forum/post/5628/#p5628</guid>
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			<title><![CDATA[Re: Wow strategy]]></title>
			<link>https://forexsb.com/forum/post/5626/#p5626</link>
			<description><![CDATA[<p>Ya, I agree with you, geektrader.</p><p>Currently I&#039;m testing using FST &amp; MT4 demo account. At the same time I&#039;m importing the data to FSB &amp; check.<br />But as you said, I also cannot get the same result. Signal point is different from FSB &amp; real time.<br />I feel that Bar Range Bands is not using the previous bar value.</p><p>I&#039;m not sure how to use Bar Range Bands actually... <img src="https://forexsb.com/forum/img/smilies/sad.png" width="15" height="15" alt="sad" /></p>]]></description>
			<author><![CDATA[null@example.com (NicholasK)]]></author>
			<pubDate>Mon, 05 Jul 2010 06:36:17 +0000</pubDate>
			<guid>https://forexsb.com/forum/post/5626/#p5626</guid>
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			<title><![CDATA[Re: Wow strategy]]></title>
			<link>https://forexsb.com/forum/post/5625/#p5625</link>
			<description><![CDATA[<p>I´ve spent the last hours backtesting and I can get a almost linear equity curve with like 200000 Euro Net Profit in 4 months. That doesn´t look to be real and I guess the Bar Range Bands indicator is wrongly coded to use current bar close, even when Use Previous Bar is checked. Someone might want to take a look into the indicator.</p><p>Has anyone done live-testing yet?</p>]]></description>
			<author><![CDATA[null@example.com (geektrader)]]></author>
			<pubDate>Mon, 05 Jul 2010 05:09:33 +0000</pubDate>
			<guid>https://forexsb.com/forum/post/5625/#p5625</guid>
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			<title><![CDATA[Re: Wow strategy]]></title>
			<link>https://forexsb.com/forum/post/5622/#p5622</link>
			<description><![CDATA[<p>Amazing, really big thanks for this amazing strategy. So far I can´t see any flaw with it. Everything is using previous bar values and even the &quot;Price Move&quot; can be replaced with &quot;Bar Opening&quot; which makes it even more reliable in backtesting. And it looks great with &quot;Bar Opening&quot; as well!</p><p>Try it with EURUSD 15 Minutes instead of 5 Minutes and do a little optimization. It´s almost a straight line!</p>]]></description>
			<author><![CDATA[null@example.com (geektrader)]]></author>
			<pubDate>Mon, 05 Jul 2010 02:41:29 +0000</pubDate>
			<guid>https://forexsb.com/forum/post/5622/#p5622</guid>
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			<title><![CDATA[Re: Wow strategy]]></title>
			<link>https://forexsb.com/forum/post/5615/#p5615</link>
			<description><![CDATA[<div class="quotebox"><cite>jakadinho wrote:</cite><blockquote><p>Bar range bands is still missing</p></blockquote></div><p>Sorry about it here they are again.</p>]]></description>
			<author><![CDATA[null@example.com (acharyadas)]]></author>
			<pubDate>Sun, 04 Jul 2010 20:06:21 +0000</pubDate>
			<guid>https://forexsb.com/forum/post/5615/#p5615</guid>
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