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		<title><![CDATA[Forex Software — Thoughts on how to Improve this strategy?]]></title>
		<link>https://forexsb.com/forum/topic/9157/thoughts-on-how-to-improve-this-strategy/</link>
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		<description><![CDATA[The most recent posts in Thoughts on how to Improve this strategy?.]]></description>
		<lastBuildDate>Thu, 26 Oct 2023 17:33:40 +0000</lastBuildDate>
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			<title><![CDATA[Re: Thoughts on how to Improve this strategy?]]></title>
			<link>https://forexsb.com/forum/post/77317/#p77317</link>
			<description><![CDATA[<p>add &#039;&#039;entry time&#039;&#039; logic to each logic group</p>]]></description>
			<author><![CDATA[null@example.com (spac6)]]></author>
			<pubDate>Thu, 26 Oct 2023 17:33:40 +0000</pubDate>
			<guid>https://forexsb.com/forum/post/77317/#p77317</guid>
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			<title><![CDATA[Thoughts on how to Improve this strategy?]]></title>
			<link>https://forexsb.com/forum/post/69710/#p69710</link>
			<description><![CDATA[<p>Any thoughts on how to improve this strategy? By improvement i mean higher net balance, finding more profitable trades, better exit strategy, lower draw down, ect.</p><p>EA Logic is as follows:</p><p>Opening (Entry Signal)<br />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:</p><p>logical group (C) is satisfied: <br />MACD Histogram* (Exponential, Weighted, Exponential, 48, 5, 42) changes its direction upward; and <br />Commodity Channel Index (Simple, Open, 94, 1.000) rises; and <br />ADX* (Weighted, Bar range, 104) rises; and <br />the Choppiness Index* (12, 73) is lower than the level line; and <br />Commodity Channel Index* (Simple, Typical, 92, 0.031) is higher than the Level -98. </p><br /><p>or logical group (B) is satisfied: <br />Commodity Channel Index (Simple, Open, 94, 1.000) rises; and <br />Money Flow Index* (1) crosses the Level 50 upward [GBPJPY H4]; and <br />Trix MA Oscillator (Smoothed, Smoothed, Open, 4, 13) rises; and <br />ADX* (Weighted, Bar range, 104) rises; and <br />the Choppiness Index* (12, 73) is lower than the level line; and <br />Commodity Channel Index* (Simple, Typical, 92, 0.031) is higher than the Level -98. </p><br /><p>or logical group (D) is satisfied: <br />Commodity Channel Index (Simple, Open, 94, 1.000) rises; and <br />the bar opens above the Vidya Moving Average* (High, 62, 16) after opening below it; and <br />ADX* (Weighted, Bar range, 104) rises; and <br />the Choppiness Index* (12, 73) is lower than the level line; and <br />Commodity Channel Index* (Simple, Typical, 92, 0.031) is higher than the Level -98. </p><br /><br /><p>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:</p><br /><p>logical group (C) is satisfied: <br />MACD Histogram* (Exponential, Weighted, Exponential, 48, 5, 42) changes its direction downward; and <br />Commodity Channel Index (Simple, Open, 94, 1.000) falls; and <br />ADX* (Weighted, Bar range, 104) rises; and <br />the Choppiness Index* (12, 73) is lower than the level line; and <br />Commodity Channel Index* (Simple, Typical, 92, 0.031) is lower than the Level --98. </p><br /><p>or logical group (B) is satisfied: <br />Commodity Channel Index (Simple, Open, 94, 1.000) falls; and <br />Money Flow Index* (1) crosses the Level 50 downward [GBPJPY H4]; and <br />Trix MA Oscillator (Smoothed, Smoothed, Open, 4, 13) falls; and <br />ADX* (Weighted, Bar range, 104) rises; and <br />the Choppiness Index* (12, 73) is lower than the level line; and <br />Commodity Channel Index* (Simple, Typical, 92, 0.031) is lower than the Level --98. </p><br /><p>or logical group (D) is satisfied: <br />Commodity Channel Index (Simple, Open, 94, 1.000) falls; and <br />the bar opens below the Vidya Moving Average* (High, 62, 16) after opening above it; and <br />ADX* (Weighted, Bar range, 104) rises; and <br />the Choppiness Index* (12, 73) is lower than the level line; and <br />Commodity Channel Index* (Simple, Typical, 92, 0.031) is lower than the Level --98. <br />Closing (Exit Signal)<br />Close an existing long position at Upper Band of Envelopes* (Weighted, Median, 11, 1.17).</p><p>Close an existing short position at Lower Band of Envelopes* (Weighted, Median, 11, 1.17).</p><p>Handling of Additional Entry Signals**<br />Entry signal in the direction of the present position:</p><p>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. <br />Entry signal in the opposite direction:</p><p>Close the existing position and open a new one in the opposite direction using the entry rules. <br />Trading Size<br />Trade percent of your account.</p><p>Opening of a new position - 1.25% of the account equity. <br />Adding to a position - 0.5% of the account equity. Do not open more than 100 lots. <br />Reversing a position - 1.25% of the account equity in the opposite direction. <br />Apply Martingale money management system with multiplier of 1.33.</p><p>Protection<br />The strategy does not provide a permanent loss limitation.</p><p>The strategy does not use a 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><p>Top</p><p>Strategy Properties<br />Handling of Additional Entry Signals<br />Next same direction signal behavior - Adds to the position <br />Next opposite direction signal behavior - Reverses the position </p><p>Trading Size<br />Trade percent of your account. The percentage values show the part of the account equity used to cover the required margin.</p><p>Maximum number of open lots - 100 <br />Number of entry lots for a new position - 1.25% of the account equity <br />Martingale money management multiplier - 1.33 <br />In case of addition - number of lots to add - 0.5% of the account equity </p><p>Protection<br />Stop Loss - None <br />Take Profit - None <br />Break Even - None </p><br /><br /><p>Unlike most people I&#039;ve actually attached the EA. I don&#039;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</p>]]></description>
			<author><![CDATA[null@example.com (Grifter)]]></author>
			<pubDate>Wed, 06 Jul 2022 17:05:37 +0000</pubDate>
			<guid>https://forexsb.com/forum/post/69710/#p69710</guid>
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