It would be good to have also a "recovery" option. That means, if the strategy loose 1 position, the next one to be automatically double and eventual the 3 ed one till you recover all what you loose . A lot of payed EA-s has this option and I find it very useful.

I don't know if this is possible but I have an idea. If FST can "write and read" a txt file then FST will write into a txt file the actual Balance after every transaction (a)  and then to compare it with the previous one (b). If b<a then double the next order. it is clear that the algorithm is more complicated (for example c>b and c<a) but important is to get the idea.

  I'm novice, maybe I said a stupid thing....

this is true. I personally use only one system per account.

You can use: http://www.mt4i.com or http://www.myfxbook.com

Aaaaa finally someone to notice that there is no such thing as OOS. Whether you prune the strategies manually or by using this option, the criteria is actually the balance pattern after the OOS date. Therefore, FSB chooses a strategy for the maximal OOS balance, but we accept only these that have good overall performance. Doing this we apply in sample testing as Footon said.

The same is with the progressive optimization and the future tests on demo accounts. The true is that we never know what the strategy will do after pressing Trade button on a real account.

Let's we generate good strategy at the end of 2010 using OOS at 2009. Let's start testing this strategy on a demo account till today August 26 and everything was OK . So we can start trading it on real enough confident that the strategy works. Is this strategy has better chance than another that we generated 3 minutes ago and shows the same performance? I think No. If we have known the second strategies back on 2010, and have tested it like the first, it for sure would show the same results.

OOS gives false filling of confidence. I removed the option from the first screen of Generator and it is switch off by default. However, using OOS is not wrong. It's the same.

The most interesting part is that professional traders cannot understand this but if I explain the matter to someone not related to forex, he understands at the moment.

OOS is not wrong. You can use it if you think it gives you a better chance.
You have to a;so use forward testing on a demo account. It is definitely useful. The purpose of this is to assure  that FST algorithm trades the  strategy at the same way we want.

And we come to the main purpose of FSB. You may generate a good strategy and to make money from it, but this is nothing. Other is important. FSB allows fast check of different theories and the results provokes questions. If you dig inside, you'll understand better the technical analysis and will open your mind. Exactly that understanding gives you a chance to gain some money from the forex. Not the generator.

I'm happy that Footon is on the right way. FSB works!!

Today I am working on a strategy where I have set all of the entry parameters the way I want..... there are 5 of those.... and I am letting FSB show me some exits.....

This has been quite revealing...... Things I had never thought of as exits....

This is the first time I have locked all of the 'buy' parameters and let the program seek solutions for exit, I had always attempted to use a take profit and stoploss only.

Quite interesting what turns up from the generator...!!

I agree -- some of the indicators (like MACD) are in pips, at a few decimal places. These are hard to read and are small values. I'd prefer the indicator values be in pips so they would be regular number values, like 1 - 100 instead of .0001 to .01. It would break strategies though, users would have to modify their existing strategies for this type of change.

How about a feature where the influence of a fixed amount deposited/withdrawn every month on the equity curve? This probably affects those who trade with a % of their account more.

Full-time traders need to withdraw money sometime for expenses while those who trade part-time also deposit part of their monthly/annual pay into their trading account.

Number of slots for Opening/Closing position is too small (8). Is it possible to increase it? Let's say ...to 15? Why this limitation exists?
Is it possible to hide some of indicators in the chart? Sometimes I use the same indicator twice or even more in a strategy so I don't want to triple it in the chart - one is enough.

I can second that. I find the more indicators you use to determine your entry the less entries you will get. Also the more indicators you use the more curve fitted the equity curve becomes. Best to keep the number of slots small. I never use more than three. Keeping it simple is the key.

Hi,

Is it possiblle to add new Logic to Stochastics indicator i.e. The %K is higher than the level line?

Thank you in advance.

Krog.

Excellent of you to to contribute your time and effort to create and modify the indicators, I am sure that many greatly appreciate your contributions.

daveM