I believe that imagination is unlimited.
Also I believe that over optimization can happen even with
the simplest possible strategy.
So it is better for someone to have the freedom to add more
logical slots to his strategy.
My proposition is 16 logical slots or even more.
The reason is that I generally compose hybrid strategies.
I mean that they are half handmade and half generated.
So I need 8 slots for the generator and 8 slots for me.
Of course someone could substitute the logical slots with
custom indicators. BUT for example myself I cannot write
code at this time. And of course if I could write code I would
have the alternative choice to write and test my strategy
straight to MT4 and not to FSB Pro.
Although I am a mathematician and I can write mathematical
algorithms and programs, I use completely different programming
tools in my job than the tools needed to MT4 or FSB Pro.
So I believe that it is better to use FSB Pro for my needs
and FSB Pro offer me as much freedom as possible to compose
my strategies.

Hello Mathimatikos,

I see that you, me and every rational human being believes that too. As a programmer, I can say with a hand on my hearth, that programmable indicators in C# give the user the only way to create TRULY unlimited indicators.

A visual tool to create indicators will 1) take a real lot of time (think "years") to develop and will 2) limit the user's options to less than 5% of all possibilities. If a person is good at logic and linguistics, programming is not a big deal. If they, however, are not good at linguistics and logic... why even bother with such "hardcore" stuff like writing new indicators?!

If you do not wish to program(code) indicators:

Try the repo! There are already about a 100 indicators in our Forex Indicator Repository

Find someone to program new ones for you
- (for free) there are a lot of users who can code in C# in this forum, and around the world
- (hire someone) also from the forums or somewhere else. FSB Pro is merely a one in thousands, if not millions programs that are being developed in C#.

P.S. If someone is smart enough to create a new indicator (which I am not), programming it would be really no problem to a person of such caliber.

Well said. Still the C# coded indicators are the the most flexible/powerful option.

The so-called indicators (as far as I know) are actually mathematical "algorithms" (I am not too sure about the terms here) but what I seem to easily see is that those often take decades to invent and polish. Coding an "indicator" into C# would take at most weeks.

I think the present effort that Popov is making to eliminate any bugs is critical for a couple more months.

Perhaps that takes precedence over new capacities for the program.

I just uploaded all indicators in GitHub: https://github.com/PopovMP/FSB_Pro_Indicators

You can download them and put in the User Files\Indicators folder.

FSB Pro will load them as custom indicators overriding the integrated indicators if you switch on the "Allow overriding of main indicators" option in Control Panel -> Custom Code.

How to Change a Parameter's Limit
  1. Open the source in a Text Editor
  2. Find and change the parameter.

Set:

            IndParam.NumParam[0].Caption = "Period";
            IndParam.NumParam[0].Value = 3000;
            IndParam.NumParam[0].Min = 3000;
            IndParam.NumParam[0].Max = 4000;

It will make the MA Period changing from 3000 to 4000.

Can the forex data chart be converted into a Renko chart before the usual indicators uses this chart to generate forex strategy, off course the generate strategy will have to trade against a similarly converted Renko chart ?

That will multiply the possible forex strategy that can be generated by FSB Pro.

Renko is a lovely method of trading, I have used it often and done quite well with it.

To automate a Renko strategy is fraught with difficulty due to the nature of the bar formation.... it does not work.

Backtests look amazing, almost 100 per cent winners.. Forward tests  explode.

I have tried many times.. it does not work!

Footon quoted an article by an accomplished system developer and he, with all of his research, discovered the same.

Renko bars are not suited to automation.

What do you mean?

RSI is right there:

I guess all sorts of things can be added, however, the program is quite effective as it is. The more options available, the slower to generate a strategy.

Actually, you are not correct about Monte Carlo, it does work and works well. I am not sure why you would assert that Monte Carlo does not work, would you be good enough to share your authority.

Please have a look at this post and familiarize yourself with Monte Carlo: http://forexsb.com/forum/post/27080/#p27080 .

Just to add tools which do not work for the sake of adding tools would seem to be counterproductive.

One thing that comes to mind as we think of adding all sorts of features is the price of the software, and the  capacity of the users computers.

Adding more and more to the software will eventually cost more and more and also increase the power needs of the user computers. And support will cost more.

This software as it is, is very capable of generating excellent strategies and trading them, it is up to the user to grasp the facilities within the program and make them work for him.

The next comparable software has recently doubled in price to approximately $1,200 which amount is a bit scary considering that it does not have as good a set of tools as FSBPro.

There are already features in the program that accomodate most of what you are requesting.

Please be good enough to thoroughly familiarize yourself with the program and the substantial documentation to be found on the site.

Perhaps you can elaborate on the details of the premarket scan and the decision criteria as to the pairs to trade for the day.... that may already be possible in FSBPro.

You will have to be very specific as to the decision points and the trading method.

If you can not fit it intop the program as written, you can ask Popov to do custom programming for your application on a fee basis.

The ability to translate the program or have as fsb / fst list of words - phrases used in the program that you can edit and send?
Being able to change the theme color or font size or type for those who use many hours in front with the program is convenient ...
are not relevant suggestions structurally relevant but for the convenience or ease of use help, especially for newbies like me and I like many others.

Many thanks, Andrea