Topic: 36000 pips EUR/USD daily

Forex Strategy Builder V 2.2.1.0 Beta
Strategy name: My strategy EURUSD_d
Exported on: 07/12/2006  10:55:50

Market: EURUSD 1 Day

Balance: 36406 pips
Max account drop: 13746 pips
Time in position: 85 %

Add to an open position

[Open] Price Open

[Filter] Money Flow Index
     Logic The MFI value is greater than Level.
     Level 50

[Close] Parabolic SAR
     AF Min 0.02
     Increment 0.02
     AF Min 2

Re: 36000 pips EUR/USD daily

I am pretty sure that you haven't turned on "use previous bar value". Try that way and you'll get the real picture.
Not to mention that:
Max account drop: 13746 pips - meaning that you are out of the market. Sorry!

You shouldn't pay attention only to the profit at the end but also to some other stats that tell you whether the strategy is realistic enough to be used on the market.

Re: 36000 pips EUR/USD daily

Forex Strategy Builder V 2.2.1.0 Beta
Strategy name: My_strategy_EurUsd1D
Exported on: 07.12.2006 г. 14:32:00

Market: EURUSD 1 Day

Balance: -355006 pips
Min account: -355006 pips
Max account drop: 356235 pips
Time in position: 85 %

Add to an open position

[Open] Price Open

[Filter] Money Flow Index
     Logic The MFI value is greater than Level.
     Level 50
     Use previous bar value. True

[Close] Parabolic SAR
     AF Min 0,02
     Increment 0,02
     AF Min 2



I received a result like yours, but without spread and rollover. The spread is 4 pips and the rollover tax is 1 pip per night. You can see the dealings in the Journal. Testing without taxes can help you evaluate your logic.

Re: 36000 pips EUR/USD daily

Karl Marx wrote:

I am pretty sure that you haven't turned on "use previous bar value". Try that way and you'll get the real picture.
Not to mention that:
Max account drop: 13746 pips - meaning that you are out of the market. Sorry!

You shouldn't pay attention only to the profit at the end but also to some other stats that tell you whether the strategy is realistic enough to be used on the market.

It's TURNED ON, my man

Money Flow Index
Logic: The MFI value is greater than Level.
Use previous bar value.
----------------------------
Level: 50

Re: 36000 pips EUR/USD daily

You are right. The bug has been fixed.

Forex Strategy Builder V 2.2.1.1 Beta
Strategy name: My_strategy_EurUsd1D
Exported on: 08.12.2006 г. 18:10:31

Market: EURUSD 1 Day

Balance: -355006 pips
Min account: -355006 pips
Max account drop: 356235 pips
Time in position: 85 %

Add to an open position

[Open] Price Open

[Filter] Money Flow Index
     Logic The MFI value is greater than Level.
     Level 50
     Use previous bar value. True

[Close] Parabolic SAR
     AF Min 0,02
     Increment 0,02
     AF Min 2

6

Re: 36000 pips EUR/USD daily

I fell into the same trap, hence I suggest the pannel should display whats the spreed and roll over cost we are simulating.

For feature that do not produce real life outcome, it should be disable at the software , you should not allow the use to chose some thing that could not happen.

Re: 36000 pips EUR/USD daily

What about the "Free Will"! I want to see as many choices as possible.
But may be a warning is a good idea (when we are doing something forbidden)!

Re: 36000 pips EUR/USD daily

I don't think anyone should be given a "free will" to hurt oneself.

Re: 36000 pips EUR/USD daily

Forex Strategy Builder V 2.4.0.2
Strategy name: eudhourly
Exported on: 4/22/2007 1:00:03 PM

Market: EURUSD 1 Hour
Spread: 2 pips
Swap Number: 2 pips

Balance: 30024 pips
Minimum account: 0 pips
Maximum drawdown: 23 pips
Time in position: 54 %

The same direction signal - does Nothing
The opposite direction signal - Reverses the position

[Opening point of the position]
Bar Opening
     The market entry is at the beginning of the bar
     Base price  -  Open

[Opening logic condition]
Bollinger Bands
     The position's opening price is lower than the Up Band
     Smoothing method  -  Simple
     Base price  -  Close
     MA period  -  3
     Multiplier  -  1
     Use previous bar value  -  No

[Opening logic condition]
Williams' Percent Range
     The %R crosses the Level line upward
     Smoothing method  -  Simple
     Period of %R  -  42
     Smoothing period  -  0
     Level  -  -50
     Use previous bar value  -  No

[Opening logic condition]
Williams' Percent Range
     The %R rises
     Smoothing method  -  Simple
     Period of %R  -  42
     Smoothing period  -  0
     Level  -  -50
     Use previous bar value  -  No

[Closing point of the position]
Bar Closing
     The market exit is at the end of the bar
     Base price  -  Close

[Closing logic condition]
Williams' Percent Range
     The %R crosses the Level line downward
     Smoothing method  -  Simple
     Period of %R  -  41
     Smoothing period  -  0
     Level  -  -30
     Use previous bar value  -  No

[Closing logic condition]
Bollinger Bands
     The current bar closes above the Up Band
     Smoothing method  -  Simple
     Base price  -  Close
     MA period  -  2
     Multiplier  -  1.95
     Use previous bar value  -  No

Please have a look on this and comment.

The strategy went bad when I use "Use previous bar value". Why do I need to use it?

Re: 36000 pips EUR/USD daily

The shown result of this strategy is Unreal. The used logic is wrong.

You cannot open the position at the beginning of the bar using information available at its end (the indicators are based on the closing price).

For more info - browse this forum. There are many explanation here. Read this article.

Re: 36000 pips EUR/USD daily

Thanks Popov!

Dont forget to give a call when you come to malaysia.

Re: 36000 pips EUR/USD daily

Thanks, my friend!
I'm just going to India and after that to China.
So, I will be off-line for a while.

I leave this forum to you - forex enthusiasts!

Have fun!!

Re: 36000 pips EUR/USD daily

Forex Strategy Builder V 2.4.0.2
Strategy name: trix
Exported on: 4/24/2007 1:01:03 AM

Market: EURUSD 1 Day
Spread: 2 pips
Swap Number: 1 pip

Balance: 10823 pips
Minimum account: 0 pips
Maximum drawdown: 3117 pips
Time in position: 96 %

The same direction signal - does Nothing
The opposite direction signal - does Nothing

[Opening point of the position]
Bar Opening
     The market entry is at the beginning of the bar
     Base price  -  Open

[Opening logic condition]
Trix MA Oscillator
     The Oscillator rises
     Smoothing method  -  Exponential
     Signal line method  -  Exponential
     Base price  -  Close
     Trix period  -  49
     Signal line period  -  32
     Use previous bar value  -  Yes

[Closing point of the position]
Bar Closing
     The market exit is at the end of the bar
     Base price  -  Close

[Closing logic condition]
Trix MA Oscillator
     The Oscillator crosses the zero line upward
     Smoothing method  -  Exponential
     Signal line method  -  Exponential
     Base price  -  Close
     Trix period  -  8
     Signal line period  -  14
     Use previous bar value  -  No

Is this real? Help me please

Re: 36000 pips EUR/USD daily

According to me the test is real.

But:
  - Do not believe of EURUSD data earlier than 2000.
  - Over optimization ( try [Closing logic condition] -> Trix period - 7).
  - Maximum drawdown: 3117 pips !!!

I think this strategy must not be used on real market sad