• Registered: 2010-01-20
  • Posts: 6

Topic: Need some help with FST

Hi

Im just trying out my own strategy that I optimized with ''FSB''.
The idea of this strategy / system is:

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Based on: EUR/USD 15 min

enter long (short=vice versa) if:

*10MA is above 34MA (crossing)
*RSI (8 period) is above 48

Close long if:

* RSI = below 52 OR 10 MA = below 34 MA

No S/L because the MA's or RSI will close the position quite quickly when the trade isnt going my way.
Profit target is standerd : 65 pips

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Now I need help with the following things. I want to open a position even when the MA's crossing-over happened a while ago. How do I work this out in my strategy file? Second at the moment I'm testing the strategy forward on a demo account (alphari-mt4). Alphari does the EUR/USD quotes in 5 number behind the comma. Does this effect the profit target (which is 65 pips in FST)?

Off topic: As you see I'm new here. I was wondering why this software is free? I think its one of the greatest forex software I've seen.

  • Popov
  • Popov
  • Lead Developer
  • Offline
  • From: Bulgaria
  • Registered: 2006-11-30
  • Posts: 7,995

Re: Need some help with FST

I want to open a position even when the MA's crossing-over happened a while ago.

You can try:

Maximum open lots: 0.3
Entry lots: 0.1
Adding lots: 0.1

A same direction signal - Adds to the position
An opposite direction signal - Does nothing
Permanent Stop Loss - None
Permanent Take Profit - 650

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

[Opening Logic Condition]
Moving Averages Crossover
     The Fast MA is higher than the Slow MA
     Base price  -  Close
     Fast MA method  -  Simple
     Slow MA method  -  Simple
     Fast MA period  -  10
     Slow MA period  -  34
     Fast MA shift  -  0
     Slow MA shift  -  0
     Use previous bar value  -  Yes

[Opening Logic Condition]
RSI
     The RSI is higher than the Level line
     Smoothing method  -  Smoothed
     Base price  -  Close
     Smoothing period  -  8
     Level  -  48
     Use previous bar value  -  Yes

In that case the strategy will rise a signal every time when MA 10 is above MA 34 and RSA 8 > 48 . Not only after a crossover. Note that the adding is allowed. You can control how many times to add by setting entry sizes. In that case the strategy will open 0.1 lots and will add two times by 0.1 lots. Totally 0.3 lots can be opened.

Alphari does the EUR/USD quotes in 5 number behind the comma. Does this effect the profit target (which is 65 pips in FST)?

You have to set the Permanent Take Profit to 650 pips (instead 65 for 4 digits quotation).

Popov's Website

  • Registered: 2010-01-20
  • Posts: 6

Re: Need some help with FST

Ok thanks alot:)