Forex Software — What is important on the Statistic Information, Account Balance etc.

Re: What is important on the Statistic Information, Account Balance etc.

null@example.com (Popov) — Wed, 24 Oct 2007 06:23:51 +0000

Hi, this is your strategy:

Market: USDCHF 1 Hour
Spread: 4 pips
Swap Number: 1 pip

Interpolation method: Pessimistic scenario
Ambiguous bars: 0
Tested bars: 16986
Balance: 8365 pips
Minimum account: 0 pips
Maximum drawdown: 896 pips
Time in position: 89 %

A same direction signal - Adds to the position
An opposite direction signal - Reverses the position

[Opening point of the position]
Day Opening
Enter the market at the beginning of the day
Base price - Open

[Opening logic condition]
Heiken Ashi
Black H.A. bar without upper shadow
Base price - High, Low, Open, Close
Use previous bar value - Yes

[Opening logic condition]
Stochastics
The Slow %D rises
Smoothing method - Smoothed
%K period - 16
Fast %D period - 5
Slow %D period - 5
Level - 10
Use previous bar value - Yes

[Closing point of the position]
Envelopes
Exit long at the Up Band
Smoothing method - Exponential
Base price - Open
MA period - 18
Deviation % - 1.03
Use previous bar value - No

At the first look it looks good, but:
- the balance is near equal since May 2005 till August 2007. It can happen again (two and a half years without profit)
- the max drawdown is 896 pips. It's too much it have to be no more than 200-300pips.

Re: What is important on the Statistic Information, Account Balance etc.

null@example.com (kauaibobby) — Tue, 23 Oct 2007 18:37:23 +0000

here is another one that i tested
what am i doing wrong
what do i need to look for
and where do find answers
i have read a lot of forums and articles and books and im not ready to trade real $ for a long time
at least until i know for sure what i'm doing
sorry for all the ?s
just not sure what all the statistic stuff is,
not sure what is good and bad on stat. info
thank you again for all the help

ForexSB.com Forum Help
Forex Strategy Builder v2.5.3.1
Strategy name: usdchf 1 hour 10
Generated on: 10/23/2007 11:30:26 AM

Market: USDCHF 1 Hour
Spread: 4 pips
Swap Number: 1 pip

Statistic Information
Market Account
Symbol USDCHF
Period 1 Hour
Number of bars 17000
Date of updating 09/28/07
Time of updating 22:00
Date of beginning 12/20/04
Time of beginning 12:00
Data refining Switched off
Minimum price 1.1289
Maximum price 1.3282
Average Gap 0 pips
Maximum Gap 82 pips
Average High-Low 16 pips
Maximum High-Low 168 pips
Average Close-Open 8 pips
Maximum Close-Open 138 pips
Maximum days off 4
Maximum data bars 17000
No data older than No limits
No data newer than No limits
Intrabar scanning Not accomplished
Interpolation method Pessimistic scenario
Abiguous bars 0
Tested bars 16972
Account balance 8365 pips
Minimum account 0 pips
Maximum account 8365 pips
Maximum drawdown 896 pips
Gross profit 12009 pips
Gross loss 3644 pips
Sent orders 15245
Executed orders 124
Dealt lots 216
Time in position 89 %
Charged spread 440 pips
Charged roll-over 1708 pips
Charged fees 2148 pips
Balance without fees 10513 pips

Strategy Logic
A same direction signal - Adds to the position
An opposite direction signal - Reverses the position

Opening point of the position
Day Opening
Enter the market at the beginning of the day
Base price - Open
Opening logic condition
Heiken Ashi
Black H.A. bar without upper shadow
Base price - High, Low, Open, Close
Use previous bar value - Yes
Opening logic condition
Stochastics
The Slow %D rises
Smoothing method - Smoothed
%K period - 16
Fast %D period - 5
Slow %D period - 5
Level - 10
Use previous bar value - Yes
Closing point of the position
Envelopes
Exit long at the Up Band
Smoothing method - Exponential
Base price - Open
MA period - 18
Deviation % - 1.03
Use previous bar value - No

Re: What is important on the Statistic Information, Account Balance etc.

null@example.com (Popov) — Tue, 23 Oct 2007 17:37:28 +0000

First of all you should read the "safety first" page from the site.
There are some other material into the help page but it is "Under construction" yet.
Fill free to ask your question. All of us were newbies at the beginning.

For easy post go to the menu "strategy" -> "Publish" and you will see your strategy ready for posting into the forum. Simply Copy / Paste it here.

If you make like that the strategy can be easily set and tested.

Re: What is important on the Statistic Information, Account Balance etc.

null@example.com (kauaibobby) — Tue, 23 Oct 2007 17:25:06 +0000

This strategy is about the same as the last one
but i change a few things to bring the drawdown up from 192 to 698
time in position from 18% to 38%
but there seems to be an increse in fees i guess from more trades

Forex Strategy Builder v2.5.3.1
Strategy name: usdchf 1 hour 9
Generated on: 10/23/2007 10:17:21 AM

Market: USDCHF 1 Hour
Spread: 4 pips
Swap Number: 1 pip

Statistic Information
Market Account
Symbol USDCHF
Period 1 Hour
Number of bars 17014
Date of updating 09/28/07
Time of updating 22:00
Date of beginning 12/17/04
Time of beginning 20:00
Data refining Switched off
Minimum price 1.1289
Maximum price 1.3282
Average Gap 0 pips
Maximum Gap 82 pips
Average High-Low 16 pips
Maximum High-Low 168 pips
Average Close-Open 8 pips
Maximum Close-Open 138 pips
Maximum days off 4
Maximum data bars 18000
No data older than No limits
No data newer than No limits
Intrabar scanning Not accomplished
Interpolation method Pessimistic scenario
Abiguous bars 0
Tested bars 16971
Account balance 2055 pips
Minimum account -48 pips
Maximum account 2632 pips
Maximum drawdown 698 pips
Gross profit 6260 pips
Gross loss 4205 pips
Sent orders 347
Executed orders 273
Dealt lots 273
Time in position 38 %
Charged spread 548 pips
Charged roll-over 424 pips
Charged fees 972 pips
Balance without fees 3027 pips

Strategy Logic
A same direction signal - Does nothing
An opposite direction signal - Does nothing

Opening point of the position
Bar Opening
Enter the market at the beginning of the bar
Base price - Open
Opening logic condition
Bollinger Bands
The bar opens above the Up Band
Smoothing method - Simple
Base price - Close
MA period - 15
Multiplier - 2.52
Use previous bar value - Yes
Opening logic condition
Accelerator Oscillator
The AC is higher than the Level line
Smoothing method - Simple
Base price - Low
Slow MA period - 36
Fast MA period - 26
Forming MA period - 5
Level - 0
Use previous bar value - Yes
Opening logic condition
MACD
The MACD line is higher than zero
Smoothing method - Exponential
Base price - Close
Signal line method - Simple
Slow MA period - 15
Fast MA period - 9
Signal line period - 9
Use previous bar value - Yes
Opening logic condition
Price Oscillator
The Price Oscillator rises
Smoothing method - Simple
Base price - Close
Period - 2
Additional Smoothing - 0
Level - 0
Use previous bar value - Yes
Closing point of the position
Bar Closing
Exit the market at the end of the bar
Base price - Close
Closing logic condition
Stochastics
The Slow %D crosses the Level line upward
Smoothing method - Simple
%K period - 9
Fast %D period - 4
Slow %D period - 5
Level - 22
Use previous bar value - No
Closing logic condition
RSI
The RSI crosses the Level line upward
Smoothing method - Simple
Base price - Median
Smoothing period - 8
Level - 21
Use previous bar value - No

Re: What is important on the Statistic Information, Account Balance etc.

null@example.com (kauaibobby) — Tue, 23 Oct 2007 16:41:41 +0000

here is another strategy i tested
what should i do different
Or will these even work for real
and is there a way to know what my stops are set at
thankyou for all your help again
lots of fun your site is and i think i'm starting to figure it out
there is a lot to know and a lot of practice.
i will keep working hard to figure out what works and what doesnt
your site is so much help
thank you
bye for now
kauaibobby

Forex Strategy Builder v2.5.3.1
Strategy name: usdchf 1 hour 6
Generated on: 10/23/2007 9:33:17 AM

Market: USDCHF 1 Hour
Spread: 4 pips
Swap Number: 1 pip

Statistic Information
Market Account
Symbol USDCHF
Period 1 Hour
Number of bars 17014
Date of updating 09/28/07
Time of updating 22:00
Date of beginning 12/17/04
Time of beginning 20:00
Data refining Switched off
Minimum price 1.1289
Maximum price 1.3282
Average Gap 0 pips
Maximum Gap 82 pips
Average High-Low 16 pips
Maximum High-Low 168 pips
Average Close-Open 8 pips
Maximum Close-Open 138 pips
Maximum days off 4
Maximum data bars 18000
No data older than No limits
No data newer than No limits
Intrabar scanning Not accomplished
Interpolation method Pessimistic scenario
Abiguous bars 0
Tested bars 16971
Account balance 2651 pips
Minimum account 0 pips
Maximum account 2651 pips
Maximum drawdown 192 pips
Gross profit 3320 pips
Gross loss 669 pips
Sent orders 114
Executed orders 106
Dealt lots 106
Time in position 18 %
Charged spread 212 pips
Charged roll-over 195 pips
Charged fees 407 pips
Balance without fees 3058 pips

Strategy Logic
A same direction signal - Does nothing
An opposite direction signal - Does nothing

Opening point of the position
Bar Opening
Enter the market at the beginning of the bar
Base price - Open
Opening logic condition
Bollinger Bands
The bar opens above the Up Band
Smoothing method - Simple
Base price - Close
MA period - 20
Multiplier - 3.3
Use previous bar value - Yes
Opening logic condition
Accelerator Oscillator
The AC is higher than the Level line
Smoothing method - Simple
Base price - Weighted
Slow MA period - 36
Fast MA period - 20
Forming MA period - 5
Level - 0
Use previous bar value - Yes
Opening logic condition
MACD
The MACD line rises
Smoothing method - Simple
Base price - Close
Signal line method - Simple
Slow MA period - 16
Fast MA period - 12
Signal line period - 11
Use previous bar value - Yes
Opening logic condition
Price Oscillator
The Price Oscillator rises
Smoothing method - Simple
Base price - Close
Period - 2
Additional Smoothing - 0
Level - 0
Use previous bar value - Yes
Closing point of the position
Bar Closing
Exit the market at the end of the bar
Base price - Close
Closing logic condition
Stochastics
The Slow %D crosses the Level line upward
Smoothing method - Simple
%K period - 12
Fast %D period - 5
Slow %D period - 5
Level - 22
Use previous bar value - No
Closing logic condition
RSI
The RSI crosses the Level line upward
Smoothing method - Simple
Base price - Close
Smoothing period - 8
Level - 31
Use previous bar value - No

Re: What is important on the Statistic Information, Account Balance etc.

null@example.com (kauaibobby) — Tue, 23 Oct 2007 16:27:02 +0000

here is a strategy i tested
what do you think i need to look for and change to make it better

Forex Strategy Builder v2.5.3.1
Strategy name: bollinger bands
Generated on: 10/23/2007 9:24:22 AM

Market: GBPUSD 1 Hour
Spread: 4 pips
Swap Number: 1 pip

Statistic Information
Market Account
Symbol GBPUSD
Period 1 Hour
Number of bars 17014
Date of updating 09/28/07
Time of updating 22:00
Date of beginning 12/17/04
Time of beginning 20:00
Data refining Switched off
Minimum price 1.7048
Maximum price 2.065
Average Gap 1 pips
Maximum Gap 87 pips
Average High-Low 22 pips
Maximum High-Low 202 pips
Average Close-Open 11 pips
Maximum Close-Open 192 pips
Maximum days off 4
Maximum data bars 18000
No data older than No limits
No data newer than No limits
Intrabar scanning Not accomplished
Interpolation method Pessimistic scenario
Abiguous bars 0
Tested bars 16992
Account balance 3256 pips
Minimum account -42 pips
Maximum account 3370 pips
Maximum drawdown 323 pips
Gross profit 5006 pips
Gross loss 1750 pips
Sent orders 167
Executed orders 146
Dealt lots 146
Time in position 25 %
Charged spread 292 pips
Charged roll-over 271 pips
Charged fees 563 pips
Balance without fees 3819 pips

Strategy Logic
A same direction signal - Does nothing
An opposite direction signal - Does nothing

Re: What is important on the Statistic Information, Account Balance etc.

null@example.com (kauaibobby) — Tue, 23 Oct 2007 16:22:58 +0000

popov thankyou for your great strategy tester
i just wrote the message and you already replied
you are great
where should the drawdown be , what percentage
what is curve fitting.
sorry im new to all this
and is there an easy way to post strategy or do i have to copy it to word and copy to here.
i think ill try that now
thank you for all your help you give to so many of us
kauai bobby

Re: What is important on the Statistic Information, Account Balance etc.

null@example.com (Popov) — Tue, 23 Oct 2007 14:01:34 +0000

Welcome in the community kauaibobby!
Sorry, I deleted your posts by mistake!
....

Your strategy sounds good. The most important parameter is the drawdown and I see it's less than 10% of the balance.
Check your strategy by means of the comparator and the scanner. check it also for curve-fitting.

If you are in doubt please, post your strategy here.

What is important on the Statistic Information, Account Balance etc.

null@example.com (Popov) — Tue, 23 Oct 2007 14:01:01 +0000

This post is from kauaibobby
---------------------------------------------------

sorry i will start over
is time in positon important
i have found stratgey with
acct. bal of 3256
min acct. -42
max drawdowm 323
gross profit 5006
gross loss 1750
sent order 167
exscuted orders 146
time in position 25%
trades were tested for about 3 years of trades
but doesnt seem like that many orders
should i have more orders or ...................
what is the most important part and where can i find the information
thankyou
this is a great strategy tester but im just starting out and dont really no how to use it but im figuring it out