1-Report/Indicator Chart - Fast scroll left-right with scroll under chart or with page up/down buttons. Scrolling chart with only mouse now and it is too slow.

2- On charts when mouse over chart better to see dates

3- For created strategies stagnation duration i couldnt see. Better to ad it also.

4- Option to add our own custom indicators if possible.

5- Multi currency tester for strategies.

6- Monte Carlo test function for strategies.

For now thats all

How able creating "Stealth" stop orders function?

Hi
Export to Fsb.

Thanks Pit

Please add "max stagnation" on the sort record.

Acceptance criteria: with option to include/exclude OOS results.
Forget 50,000 bars History

An option to create not only an EA but a XML, so later we can manage it on FSB desktop.

Additional dynamic profit things:

Leave position if signal is reverted but profit > X

I ask to add the line "Custom Order Comment" in the input table of the exportet EA (the same as the FSB exported EA's have). This would make life much easier when several EA's are running parallel and it so is possible to give them individual names that I can see in the MT4 Comment-column.

Thanks for providing this software for so long, I have had tremendous fun and learned a lot by using it over the past several years. I'm not trading, so the pro version doesn't make sense for me, and the old 2014 3.8.2 version is as much as I need for playing around, though sometimes I'd like to be able to do contingent strategies and strategies whose parameters change in response to other signals, and I'd like to specify different strategy ranking criteria, e.g. Sortino rather than Sharpe ratio (Sortino uses the downward variance only, Sharpe penalizes rapid gains as being upward volatility).

One big thing missing from EA Studio is even primitive money management. The ability to set all the parameters that FSB version 3.8 had under "Strategy Properties", sub-frames  "Handing of Additional Entry Signals" and "Trading Size" is really essential. The stop loss and take profit are much less important, in fact I never had a strategy improve performance when using them. Setting lot limits is useful, it would be even better with a soft limit that reduces trade size more and more as one approaches the lot limit.

Being able to have the next opposite signal reduce one's position allows constructing the absolute simplest strategies that scale in and out of positions and never actually close at all (actually, a "never close" closing point condition should be added - I fake it by using a condition that never happens). For the pro version, at least, having Kelly Criterion money management with settings for initial "edge" and confidence in that edge, and for fraction of Kelly amount desired. This allows the system to bet less in market conditions when it's lost its edge. Martingale multipliers less than one should have a similar effect, but less sophisticated.

I'd really like to see the ability to make custom value criteria for judging strategies. One I was thinking of would compute for the account equity on each successive candle the average rate of return since the start. This would optionally be weighted by a window function such as a simple ramp, so that rates of return count more towards the end of the period.  The weighted rates of return for each candle are then averaged (geometrically would likely be the right way) to produce the figure-of-merit used to judge the system's quality. It automatically penalizes risk without over-penalizing it. Using different window functions would be fun to play with, too.

I'd like to be able make a top-level strategy that senses market conditions, perhaps taking human input into account, then based on that allocates funds among a virtual portfolio of strategies tailored for those conditions, for instance ones for upward, downward or neutral markets, that do better in high or low volatility. The output of the strategies would be weighted by the amount of the portfolio invested in each strategy, and summed to produce a unified order flow. This could be extended to a portfolio of such strategies for each of many currency pairs or other assets, then having a portfolio of portfolios, (with correction to investment weights for correlations between different pairs, etc.). When combined with Kelly criterion portfolio allocation this could be a very robust and profitable technique. (Ed Thorpe wrote a paper or two on  Kelly criterion portfolio allocation, but the leveraged case isn't well understood, by me at least).

Another thing I'd like to see is specifying the parameters for indicators in time units rather than candles, which makes porting a strategy to different timescales easier. Candles are really a bit of an artificial view, though it does cut down on the computing cycles. Having time-denominated rather than candle-number parameters is also useful in minute-candle strategies where the cycles one wants to react to may be 12 or 24 hours, way above the 200 candle maximum.

E.Harris

Are you referring to the online Expert Adviser Studio or to the desktop version.

For all of these additional calculations, you might need to be using MatLab for testing. Not all users have the size computer required to make all of these calculations..

I can assure you that even without these additional tools and sophistications, that FSBPro does a nice job on creating strategies for Forex and Stocks and Indexes.

Personally, I have made a portfolio of many strategies that I am using constantly and while I do not use a lot of complex techniques I do get what I consider to be a nice return.

I actually appreciate the simpler strategies as they are easy to optimize.

The lack of ability to have the next signal add and next opposite signal reduce the position is in EA Studio, the old freeware version could do this, and it made for extremely simple, robust strategies using a channel or bands -type indicator - see my recent post in the trading strategies section.

The other ideas were for FSB Pro most likely, though it would be great to have them in EA Studio.Yes, no doubt FSB Pro does even better than the old freeware version, but I'm not trading, so it isn't in my budget.

I strongly agree strategies should be as simple as possible if they are likely to continue working, on the other hand there are strategies which work very well in certain market conditions, but don't totally die in other situations, everybody has lots of strategies they could be using, like golfers have lots of clubs, or even better like fishermen have lots of lures. If you can choose your strategies to match upcoming market conditions with even a bit of statistical edge, you can do much better than with a single strategy with constant settings.

Money management is more than half the profit in a strategy, and complexity in deciding how much to bet is much less likely to be curve fitting than complexity in the indicators. (Of course if you used indicators directly in money management you could be curve-fitting, but basing bet sizes on the track record of the strategy, especially the recent track record, is not actually adding any signals, it's only modulating what the basic strategy itself is signalling. Usually this means in practice that when the strategy makes lots of bad trades in a row the strategy progressively reduces its trade sizes or even suppresses some signals when the optimal trade size is below the minimum allowed trade.  ( bad trades: more exactly, when correlation between the most recent trading signals and later price movements falls, the trade-oriented view may obscure what's really happening in an ongoing, but fluctuating position - in fact the equity is the only thing that matters, the balance isn't important).

I have a strategy with a profit factor of 29, a Sharpe ratio of 1.1, yet it had 50 losing trades in a row. If I could tell it to cut its bet by 10% after every losing trade and to increase again after winning trades up to some maximum, it should perform even better with lower risk.

The Kelly criterion is the mathematically proven bet-sizing rule, but it needs to know the edge and the odds - the better the edge and the odds, the more you should bet, but these are not perfectly known or even stationary quantities in trading, so betting a certain fraction of the Kelly amount from 1/3 to 2/3 is usual.

I wish for an option to search and optimize for the best stagnantion and balance line deviation.

Also please add a feature to delete and rename the historical data.

Enhance Workflow capability by allowing it to work with collected strategies. The point would be to maintain selected strats from collection over wider period of time, essentially managing/updating/improving the strat portfolio. It should do all those things it does now except generation. In other words, having Workflow additionally in the collection.