This is my first post. I am somewhat new to trading, but I generated a strategy using Oanda data from the past 24 months, daily bars. I thought I would post this for comments. Thanks.

Strategy name: My Pound Daily
Forex Strategy Builder v2.72.0.0
Exported on: 8/16/2012 8:14:37 PM

Description:
Automatically generated on 8/16/2012 7:50 PM.

Market: GBPUSD 1 Day
Spread in pips: 20.00
Swap Long in pips: 2.00
Swap Short in pips: -2.00
Commission per lot at opening and closing in pips: 0.00
Slippage in pips: 0

Maximum open lots: 20.00
Entry lots: 0.10

Intrabar scanning: Not accomplished
Interpolation method: Pessimistic scenario
Ambiguous bars: 1
Tested bars: 645
Balance: 5817 pips (15816.50 USD)
Minimum account: -1 pips (9999.20 USD)
Maximum drawdown: 428 pips (427.80 USD)
Time in position: 100 %

[Strategy Properties]
     A same direction signal - Does nothing
     An opposite direction signal - Does nothing
     Permanent Stop Loss - 2100
     Permanent Take Profit - 550
     Break Even - 1000

[Opening Point of the Position]
     Bar Opening
     Enter the market at the beginning of the bar
     Base price  -  Open

[Opening Logic Condition]
     Balance of Power
     The Balance of Power falls
     Smoothing method  -  Exponential
     Period  -  60
     Use previous bar value  -  Yes

[Closing Point of the Position]
     Week Closing
     Exit the market at the end of the week
     Base price  -  Close

[Closing Logic Condition]
     RSI
     The RSI is higher than the Level line
     Smoothing method  -  Simple
     Base price  -  Open
     Smoothing period  -  80
     Level  -  57
     Use previous bar value  -  No