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		<title><![CDATA[Forex Software — how can specify trade direction]]></title>
		<link>https://forexsb.com/forum/topic/3536/how-can-specify-trade-direction/</link>
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		<description><![CDATA[The most recent posts in how can specify trade direction.]]></description>
		<lastBuildDate>Sat, 11 Oct 2014 21:49:49 +0000</lastBuildDate>
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			<title><![CDATA[Re: how can specify trade direction]]></title>
			<link>https://forexsb.com/forum/post/26594/#p26594</link>
			<description><![CDATA[<p>Cosmos</p><p>I see that you have a stop loss of 4997 pips, I am sure that would wipe your account if hit, and also your capital will be tied up for weeks in a trade that is going south...</p><p>You may want to observe that closely</p>]]></description>
			<author><![CDATA[null@example.com (Blaiserboy)]]></author>
			<pubDate>Sat, 11 Oct 2014 21:49:49 +0000</pubDate>
			<guid>https://forexsb.com/forum/post/26594/#p26594</guid>
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			<title><![CDATA[Re: how can specify trade direction]]></title>
			<link>https://forexsb.com/forum/post/26584/#p26584</link>
			<description><![CDATA[<p>Cosmos,there are two problems with the strategy:</p><p>1. The Moving Average of Oscillator* (Exponential, Close, Simple, 22, 12, 9) has very small value (0.00001 - 0.00002). It may not change enough from bar to bar on a slower markets and may not produce entry signals. Though FSB Pro / FST have algorithms to detect smaller changes correctly.</p><p>2. Your strategy uses three variations of ATR (Average True Range) as filters. These filters correlates strongly each other. The logic of ATR does not determine entry direction. I can recommend you to use only one ATR indicator.</p><p>I tested a strategy with Moving Average of Oscillator* (Exponential, Close, Simple, 22, 12, 9) on EURUSD M1 and it trades normally.</p><p>Check the Journal for unusual error messages.</p>]]></description>
			<author><![CDATA[null@example.com (Popov)]]></author>
			<pubDate>Thu, 09 Oct 2014 13:48:10 +0000</pubDate>
			<guid>https://forexsb.com/forum/post/26584/#p26584</guid>
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			<title><![CDATA[Re: how can specify trade direction]]></title>
			<link>https://forexsb.com/forum/post/26583/#p26583</link>
			<description><![CDATA[<p>I am having the same issue. The tests work fine in the Strategy Builder, but every strategy I build and load into the Trader gives me the same message.&nbsp; Please see one of the strategies below.</p><p>Description<br />(This description might be outdated!)</p><p>New strategy. It doesn&#039;t send any signals because the trade direction is not specified.</p><p>Logic<br />Opening (Entry Signal)<br />Open a new long position or add to a winning position at the beginning of the bar when all the following logic conditions are satisfied:</p><p>the Moving Average of Oscillator* (Exponential, Close, Simple, 22, 12, 9) rises; and <br />ATR MA Oscillator* (Simple, Exponential, 9, 9) rises; and <br />Oscillator of ATR* (Simple, 8, 13) rises; and <br />Average True Range* (Simple, 14) rises. <br />Open a new short position or add to a winning position at the beginning of the bar when all the following logic conditions are satisfied:</p><p>the Moving Average of Oscillator* (Exponential, Close, Simple, 22, 12, 9) falls; and <br />ATR MA Oscillator* (Simple, Exponential, 9, 9) rises; and <br />Oscillator of ATR* (Simple, 8, 13) rises; and <br />Average True Range* (Simple, 14) rises. <br />Closing (Exit Signal)<br />Close an existing long position at Upper Band of Envelopes* (Simple, Close, 14, 1.00).</p><p>Close an existing short position at Lower Band of Envelopes* (Simple, Close, 14, 1.00).</p><p>Handling of Additional Entry Signals**<br />Entry signal in the direction of the present position:</p><p>Add to a winning position but not to a losing one. If the position is at a loss, cancel the additional entry order. Do not exceed the maximum allowed number of lots to open. <br />Entry signal in the opposite direction:</p><p>No modification of the present position is allowed. Cancel any additional orders which are in the opposite direction. <br />Trading Size<br />Always trade a constant number of lots.</p><p>Opening of a new position - 0.01 lots. <br />Adding to a winning position - 0.01 lots. Do not open more than 0.05 lots. <br />Permanent Protection<br />The Permanent Stop Loss limits the loss of a position to 4997 pips per open lot (plus the charged spread and rollover).</p><p>The strategy does not use a Permanent Take Profit.</p><p>--------------<br />* Use the indicator value from the previous bar for all asterisk-marked indicators!<br />** The averaging rules apply to the entry signals only. Exit signals close a position. They cannot open, add or reduce one.</p>]]></description>
			<author><![CDATA[null@example.com (cosmos)]]></author>
			<pubDate>Thu, 09 Oct 2014 12:58:08 +0000</pubDate>
			<guid>https://forexsb.com/forum/post/26583/#p26583</guid>
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			<title><![CDATA[Re: how can specify trade direction]]></title>
			<link>https://forexsb.com/forum/post/15858/#p15858</link>
			<description><![CDATA[<div class="quotebox"><cite>chucks4sure wrote:</cite><blockquote><p>Please somebody help me am new to this, the strategy trader is telling me the following words.<br />&quot;New strategy. It doesn&#039;t send any signals because the trade direction is not specified.&quot;<br />how can specify trade direction so the it can send signalt?</p></blockquote></div><p>If you&#039;ve backtested your strategy in FSB and it works OK you may not have loaded it correctly in FST. Alternatively publish your strategy here and let someone check it for you.<br />Mick</p>]]></description>
			<author><![CDATA[null@example.com (Jagmanmick)]]></author>
			<pubDate>Tue, 14 Aug 2012 09:21:24 +0000</pubDate>
			<guid>https://forexsb.com/forum/post/15858/#p15858</guid>
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			<title><![CDATA[Re: how can specify trade direction]]></title>
			<link>https://forexsb.com/forum/post/15855/#p15855</link>
			<description><![CDATA[<p>It seems you have to add some opening logic condition.</p>]]></description>
			<author><![CDATA[null@example.com (togr)]]></author>
			<pubDate>Tue, 14 Aug 2012 06:46:42 +0000</pubDate>
			<guid>https://forexsb.com/forum/post/15855/#p15855</guid>
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		<item>
			<title><![CDATA[how can specify trade direction]]></title>
			<link>https://forexsb.com/forum/post/15850/#p15850</link>
			<description><![CDATA[<p>Please somebody help me am new to this, the strategy trader is telling me the following words.<br />&quot;New strategy. It doesn&#039;t send any signals because the trade direction is not specified.&quot;<br />how can specify trade direction so the it can send signalt?</p>]]></description>
			<author><![CDATA[null@example.com (chucks4sure)]]></author>
			<pubDate>Mon, 13 Aug 2012 23:28:13 +0000</pubDate>
			<guid>https://forexsb.com/forum/post/15850/#p15850</guid>
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