Topic: Trend following on EURUSD strategy
Hello,
What do you think about this strategy? What would you add/change here?
Strategy name: Trend following strategy
Forex Strategy Builder v2.72.0.0
Exported on: 2013-02-07 01:46:37
Market: EURUSD 1 Day
Spread in pips: 20,00
Swap Long in pips: -20,61
Swap Short in pips: -19,83
Commission per deal at opening and closing in percents: 0,01
Slippage in pips: 0
Use account % for margin round to whole lots
Maximum open lots: 100,00
Entry lots: 2,00% of the account for margin
Intrabar scanning: Not accomplished
Interpolation method: Pessimistic scenario
Ambiguous bars: 0
Tested bars: 5598
Balance: 38909 pips (50679,07 USD)
Minimum account: -11 pips (9998,00 USD)
Maximum drawdown: 10362 pips (10287,08 USD)
Time in position: 65 %
[Strategy Properties]
A same direction signal - Does nothing
An opposite direction signal - Does nothing
Permanent Stop Loss - None
Permanent Take Profit - None
Break Even - None
[Opening Point of the Position]
Donchian Channel
Enter long at the Upper Band
Base price - High & Low
Period - 10
Shift - 0
Use previous bar value - Yes
[Opening Logic Condition]
Moving Averages Crossover
The Fast MA is higher than the Slow MA
Base price - Close
Fast MA method - Exponential
Slow MA method - Exponential
Fast MA period - 85
Slow MA period - 115
Fast MA shift - 0
Slow MA shift - 0
Use previous bar value - Yes
[Closing Point of the Position]
Donchian Channel
Exit long at the Lower Band
Base price - High & Low
Period - 15
Shift - 0
Use previous bar value - Yes