here better view if you like pics:
MT4

and
FSB

I know it is even not a good strategy to trade, but before spending any more time one creating a good one, I would like to make sure that I'm doing it for nothing and results will be equal between live and FSB.

These are trades from MT4/FST

and this from fsb:

Why on earth it trades This way on FST!!!
All indicators the same and the same strategy!

try it yourself Footon, it is the same broker the same account all the same except trades!!!

Some trades from the MT4.

Guys, any feedback on your trading ???

Fxwinner,

Are you still using the same strategy posted here on 5/7?

Footon,
Sorry to here that, you probably was to hasty to move to life trading (real money) unless you use Cent account.
FSB lacking Cross validation, it is just dirty optimisation tools which is useless in real world, I have EA it picks up random trades it is only a few lines and it can produce enormous profit (MT4 optimisation), as soon as you put it on live feed it dies.

If you would like to understand why strategies stop working, read tops on optimisation http://www.mql4.com/

Cross validation would bring FSB to the first line of testing tools, it is when stratagy is tested on new data, which has not been used to produce optimisation.

Search for Curve Fitting and you will find zillions strategies which can work very well on backtest and never works on life.

If you compare strategies, use only new data it has never learned. This is what you supposedly should get on live trading. (but not a fact)

if you would like to keep your account, never risk more then 1-5% on one trade, with auto trading it should be even less about 0.1 but need to produce a lot of trades to get good results.

Wish you all luck. And if Mr. Popov is not coming soon, I had to put on hold this project.

just an example of risk management for u footon,

Strategy wins only 46%!!! and still in profit !

Speaking of MM, DD doesn't not reflect Risk level in most cases.
if strategy did not lose money on backtest and has risk per trade more then 1% it is already not conservative.
For instance you back test and strategy X has only 10% DD, is it conservative???

however, if you risk 10-15% per trade (SL levels) and you run across 5 consecutive losses which is possible, then what!!!??? you can into position that to recover account very very difficult.

speaking of conservative strategy, it wins all the time over aggressive, if we take larger period of time.

Crap, this is really discouraging.. got five strats forward testing on demo but i guess im back to http://sufx.core.t3-ism.net/ExpertAdvisorBuilder/ as i also thought they took a bit too few trades..

Fxwinner,

I took another look at your strategy and noticed you're using enter on previous bar closing for entry.  I would be very hesitant to trust these tests especially on 1 min data...at least for now until FSB backtester is improved.

It is very possible price skipped the previous bar closing value in live trading due to price gaps, spreads...etc.  At it's core, previous bar closing entry is a limit order, so maybe some limit order coding is needed if price is above or below the previous bar closing...?

As for now, I would stick to bar closing and bar opening only if using such small timeframes.

I'm testing a 4hr bar closing strategy right now in FST and everything matches up.

That should work.  How are the results so far?

I would expect a little difference because of data errors.

From my testing with other Conditions than "Bar Opening" for Open and "Bar Closing" for Closing conditions, I can say that ONLY those two have created same results in FSB/FST for me. All other conditions do trade almost completely different in FST than they do in FSB.

So make to use as Opening Condition:
Bar Opening

and as Closing Condition:
Bar Closing

Only then the trades to match up perfectly for me.