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		<title><![CDATA[Forex Software — 20,000 pips on GBPUSD Pivot Strategy]]></title>
		<link>https://forexsb.com/forum/topic/217/20000-pips-on-gbpusd-pivot-strategy/</link>
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		<description><![CDATA[The most recent posts in 20,000 pips on GBPUSD Pivot Strategy.]]></description>
		<lastBuildDate>Mon, 14 Jan 2008 19:34:08 +0000</lastBuildDate>
		<generator>PunBB</generator>
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			<title><![CDATA[Re: 20,000 pips on GBPUSD Pivot Strategy]]></title>
			<link>https://forexsb.com/forum/post/858/#p858</link>
			<description><![CDATA[<p>Jerry,<br />The generator in its present form is abble to give you a common idea only but not a complete strategy. You have to refine the strategy after it has been generated. The gen is not clever enough to do it alone.<br />I&#039;ll try to improve it leter.</p><p>Aboout the Bar Explorer the missunderstanding of the commands is not your fault. These are not commands but description of the waypoints. The problem comes from my English.<br />You should consider them as follows:<br />Open Long Position -&gt; Entry point<br />Close Position -&gt; Exit Poit<br />Add to the position -&gt; Point of adding<br />...<br />...<br />Sorry! <img src="https://forexsb.com/forum/img/smilies/smile.png" width="15" height="15" alt="smile" /> </p><p>P.S.<br />Don&#039;t hesitate to correct me if you read something funny in the website or in the program. All reqomendations about the program are highly apresiated!</p>]]></description>
			<author><![CDATA[null@example.com (Popov)]]></author>
			<pubDate>Mon, 14 Jan 2008 19:34:08 +0000</pubDate>
			<guid>https://forexsb.com/forum/post/858/#p858</guid>
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			<title><![CDATA[Re: 20,000 pips on GBPUSD Pivot Strategy]]></title>
			<link>https://forexsb.com/forum/post/853/#p853</link>
			<description><![CDATA[<p>Popov,</p><p>Is not it common sense to have various kinds of these controls on the generator pop-up before running it?&nbsp; Putting these things &quot;in&quot; after generator randomly searches for something is usually fruitless because then the result is a far worser one, but if one can have generator search with these criteria &quot;in&quot; then running it will come across OK strategies, as I mention in other posts.&nbsp; No?&nbsp; Or am I missing something?&nbsp; It doesn&#039;t make sense to run this &quot;stuff&quot; without the controls &quot;from the get go&quot;, no?</p><p>jerry</p>]]></description>
			<author><![CDATA[null@example.com (BatchBoy)]]></author>
			<pubDate>Fri, 11 Jan 2008 07:49:39 +0000</pubDate>
			<guid>https://forexsb.com/forum/post/853/#p853</guid>
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			<title><![CDATA[Re: 20,000 pips on GBPUSD Pivot Strategy]]></title>
			<link>https://forexsb.com/forum/post/852/#p852</link>
			<description><![CDATA[<p>Hello friends,<br />It is an interesting strategy and I will comment it with pleasure.</p><p>Entry:<br />This forex strategy raises entry signals against the market by limit orders. When the market goes up and reaches the previous bar Pivot Resistance 2 Point the strategy enters short or when the market goes down and reaches the previous bar Pivot Support 2 Point the strategy enters long.</p><p>Adding / Reducing:<br />When there is an open position, the strategy adds one more lot to it when there is a same direction signal and closes one lot when there is an opposite signal. Of course, when the position is of one lot only the opposite signal will close it. <br />The main point here is that the strategy adds to a losing position against the market and it reduces a wining position by taking a part of the profit.&nbsp; </p><p>Closing:<br />There are two cases when the strategy closes the position. <br />- By a limit order (Take Profit of 61 pips) <br />- By an opposite signal when there is a position of one lot</p><p>It looks like that the strategy closes the position on profit only but because of the roll-over fee and the averaging it is not true every time. </p><p>A drawback of this system is that the amount of loss is not limited.<br />In addition, the number of open lots is not limited (actually, the maximum number of open lots is four during the back test)<br />This can be easily corrected by adding a Lot Limiter as an Opening logic condition and the usage of Stop Limit instead of Take Profit as a Closing point of the position.</p><p>Back Test:<br />This strategy is an example of Algorithm Fitting. Using the Bar Explorer you can see that even the Pessimistic Scenario is not enough pessimistic in this case. <br />The Comparator shows that the Shortest bar route interpolates the strategy in the most skeptic way.<br />On my data, the back test shows 854 ambiguous bars and that has to be a warning for everybody.<br />The scanner gives a more precise picture. You can notice a clear change of the balance line direction when the intrabar data starts.&nbsp; &nbsp; &nbsp;</p><p>Conclusions:<br />- always use some kind of loss limiter (Stop Loss, Stop Limit, PSAR, Close and Reverse, Opposite Signal = close on a trend following systems ?)<br />- use Method Comparator to see the difference between the interpolation methods<br />- use the Intrabar Scanner when there are ambiguous bars<br />- limit the number of open lots when Same direction signal = Add</p>]]></description>
			<author><![CDATA[null@example.com (Popov)]]></author>
			<pubDate>Thu, 10 Jan 2008 23:50:19 +0000</pubDate>
			<guid>https://forexsb.com/forum/post/852/#p852</guid>
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			<title><![CDATA[20,000 pips on GBPUSD Pivot Strategy]]></title>
			<link>https://forexsb.com/forum/post/819/#p819</link>
			<description><![CDATA[<p>And seems &quot;only&quot; up to 3 lots max, cut all these in half so the 681 DD is equivalernt to 340, and we got a very OK strategy:<br />-------------------------<br /><strong>Forex Strategy Builder v2.5.3.3</strong><br />Strategy name: <strong>GBPUSD&nbsp; Daily train-mid93-Dec2006 20686pips 681DD good WalFwd</strong><br />Exported on: 12/28/2007 12:56:36 PM</p><p>Market: EURUSD 1 Day<br />Spread: 4 pips<br />Swap Number: 1 pip</p><p>Intrabar scanning: Not accomplished<br />Interpolation method: Pessimistic scenario<br />Ambiguous bars: 650<br />Tested bars: 3748<br />Balance: <strong>20686</strong> pips<br />Minimum account: -220 pips<br />Maximum drawdown: 681 pips<br />Time in position: 65 %</p><p><strong>A same direction signal</strong> - <em>Adds to the position</em><br /><strong>An opposite direction signal</strong> - <em>Reduces the position</em></p><p><strong>[Opening point of the position]</strong><br /><strong><span style="color:blue">Pivot Points</span></strong><br />&nbsp; &nbsp; &nbsp;<strong><span style="color:teal">Enter long at S2 (short at R2)</span></strong><br />&nbsp; &nbsp; &nbsp;<strong>Base price</strong>&nbsp; -&nbsp; <em>Previous bar range</em><br />&nbsp; &nbsp; &nbsp;<strong>Use previous bar value</strong>&nbsp; -&nbsp; <em>Yes</em></p><p><strong>[Closing point of the position]</strong><br /><strong><span style="color:blue">Take Profit</span></strong><br />&nbsp; &nbsp; &nbsp;<strong><span style="color:teal">Exit at the Take Profit level</span></strong><br />&nbsp; &nbsp; &nbsp;<strong>Take Profit</strong>&nbsp; -&nbsp; <em>61</em></p><br /><p>-----------------------<br />But again, if someone could tell me about the intrabar orders window in regard these results it would help.&nbsp; Are they just &quot;ready to go analog sigs&quot; whence bar closes?&nbsp; I.E., have no ideas on how to employ, lot of fun to run this FSB puppy, but connection with reality sadly missing, as much as &quot;results&quot; can delight!&nbsp; :-)&nbsp; :-O&nbsp; Since it is only daily bar kind of srategy wouldn&#039;t we think that at hour of end-of-day (17:00 or 00:00) we can see from windows on the right what the order is to be?&nbsp; But again, I need help to do this as the upper intrabar window confuses me, how do we apply this at those hours, or what hours are these order openings?&nbsp; Again, if not applicable in any manner, we need intrabar order suppression option on generator pop-up, along with multi-lots-suppression and max-DD options.&nbsp; These generator options would behoove toward running into some real solutions, otherwise the generator pop-up is only random off-into-wild-blue-yonder as regular behavior!</p><p>Truly,<br />jerry</p>]]></description>
			<author><![CDATA[null@example.com (BatchBoy)]]></author>
			<pubDate>Fri, 28 Dec 2007 21:08:36 +0000</pubDate>
			<guid>https://forexsb.com/forum/post/819/#p819</guid>
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