Topic: can't see padlock image shown in tutorial
In step 3 of Building a MA Strategy Tutorial
It says: A padlock image appears at the top-left corner of the slot panel. Now we can start the Generator.
Well I can't see any padlock image ?!!!
Create and Test Forex Strategies
You are not logged in. Please login or register.
Forex Software → Forex Strategy Builder (legacy) → can't see padlock image shown in tutorial
In step 3 of Building a MA Strategy Tutorial
It says: A padlock image appears at the top-left corner of the slot panel. Now we can start the Generator.
Well I can't see any padlock image ?!!!
As we want to protect our entry logic, we will lock the slots by clicking on them.
If you want to lock a slot in the Generator, simply click on it. The padlock image will be shown on the slot you have clicked. It's shown also in the tutorial. See the image below step 3.
As we want to protect our entry logic, we will lock the slots by clicking on them.
If you want to lock a slot in the Generator, simply click on it. The padlock image will be shown on the slot you have clicked. It's shown also in the tutorial. See the image below step 3.
That's what I did but when I simply click on it it opens the windows dialog "Logic and Parameters of the indicators" instead of locking as the tutorial says so my question
You have to open the Generator window. Locks works in the Generator only. In the main screen clicking on slots opens the indicator properties window.
You have to open the Generator window. Locks works in the Generator only. In the main screen clicking on slots opens the indicator properties window.
ok now I see thanks. But at the end of generate balance equity nearly unchanged, I suspect I miss something again ?
Strategy Overview
Forex Strategy Builder v2.12.0.0
Strategy name: Generated
Date: 05/09/2010 22:14:59Table of Contents
Description
Logic
Environment
Strategy Properties
Indicator Slots
Statistic Information
Description
(This description might be outdated!)"MACD Reversal" strategy demonstrates the "Close and Reverse" technique of forex trading.
This is a classic reversal strategy with additional stop-loss. It keeps our position opened almost 100% of the time.
We get a signal when the MACD line crosses the zero line, and that signal reverses our position when the next bar opens.
The "Close and Reverse" logic, which is set in the "Closing Point of the Position" slot, is the condition that determines the reversal every time we get a signal. Whenever Forex Strategy Builder gets such signal it closes the current position and immediately opens a new one in the opposite direction.
Notice that the “Opposite direction signal” dropdown menu in the strategy properties dialog is locked to "Reverse" mode. The "Close and Reverse" exit logic makes this the only possible option.
The "Permanent Stop Loss" limits our loss to 200 pips. When the market reaches the stop loss level, the strategy closes the position without reversing it. That is the only time when we are out of the market.
The value of the "Same direction signal behavior" is not important here because it is impossible to have another signal in the same direction. MACD cannot cross the zero line twice in the same direction which means that the next signal we get will always be in the opposite direction to our current position.
-----------
Modified by the strategy generator on 05/09/2010 21:53.-----------
Modified by the strategy generator on 05/09/2010 22:03.Top
Logic
Opening (Entry Signal)
Open a new long position or add to a winning one at the Upper Band of Steady Bands* (Simple, Close, 21, 15) when all the following logic conditions are satisfied:the bar opens below the Moving Average* (Simple, Close, 21, 0); and
the OBOS MA Oscillator* (Weighted, 177, 189) falls.
Open a new short position or add to a winning one at the Lower Band of Steady Bands* (Simple, Close, 21, 15) when all the following logic conditions are satisfied:the bar opens above the Moving Average* (Simple, Close, 21, 0); and
the OBOS MA Oscillator* (Weighted, 177, 189) rises.
Closing (Exit Signal)
Close an existing long position at the end of the bar when the following logic condition is satisfied:the Oscillator of MACD (Histogram 1 to Histogram 2, Open, Smoothed, Weighted, 58, 28, 21, 16, 59, 46) crosses the zero line downward.
Close an existing short position at the end of the bar when the following logic condition is satisfied:the Oscillator of MACD (Histogram 1 to Histogram 2, Open, Smoothed, Weighted, 58, 28, 21, 16, 59, 46) crosses the zero line upward.
Handling of Additional Entry Signals**
Entry signal in the direction of the present position:Add to a wining position but not to a losing one. If the position is at a loss, cancel the additional entry order. Do not exceed the maximum allowed number of lots to open.
Entry signal in the opposite direction:No modification of the present position is allowed. Cancel any additional orders which are in the opposite direction.
Trading Size
Always trade a constant number of lots.Opening of a new position - 1 lot.
Adding to a winning position - 1 lot. Do not open more than 20 lots.
Permanent Protection
The Permanent Stop Loss limits the loss of a position to 200 pips per open lot (plus the charged spread and rollover).The strategy does not use a Permanent Take Profit.
--------------
* Use the indicator value from the previous bar for all asterisk-marked indicators!
** The averaging rules apply to the entry signals only. Exit signals close a position. They cannot open, add or reduce one.Top
Environment
Market
Symbol - EURUSD
Time frame - 1 DayAccount
Initial account - 1000.00 USD
Lot size - 1
Leverage - 1/50
Required margin - 0.00 USD* for each open lotCharges
Spread - 1 pip (0.00 USD*)
Swap number for a long position rollover - 1 pips (0.00 USD*)
Swap number for a short position rollover - -1 pips (0.00 USD*)
Commission per lot at opening and closing - 0 pips (0.00 USD*)
Slippage - 0 pips (0.00 USD*)--------------
* This value may vary!Top
Strategy Properties
Handling of Additional Entry Signals
Next same direction signal behavior - Adds to a winning position
Next opposite direction signal behavior - Does nothingTrading Size
Maximum number of open lots - 20
Number of entry lots for a new position - 1
In case of addition - number of lots to add - 1
In case of reduction - number of lots to close - 1Permanent Protection
Permanent Stop Loss 200 pipsTop
Indicator Slots
The slots show the logic for the long positions only. Forex Strategy Builder automatically computes the proper logic for the short positions.Strategy Properties
Same direction signal - Winner
Opposite direction signal - Nothing
Permanent Stop Loss - 200
Permanent Take Profit - None
Opening Point of the Position
Steady Bands
Enter long at the Upper Band
Smoothing method - Simple
Base price - Close
MA period - 21
Margin in pips - 15
Use previous bar value - Yes
Opening Logic Condition
Moving Average
The bar opens below the Moving Average
Smoothing method - Simple
Base price - Close
Period - 21
Shift - 0
Use previous bar value - Yes
Opening Logic Condition
OBOS MA Oscillator
The Oscillator falls
Signal line method - Weighted
OBOS period - 177
Signal line period - 189
Use previous bar value - Yes
Closing Point of the Position
Bar Closing
Exit the market at the end of the bar
Base price - Close
Closing Logic Condition
Oscillator of MACD
The Oscillator of MACD crosses the zero line downward
Smoothing method - Smoothed
Base price - Open
Signal line method - Weighted
What to compare - Histogram 1 to Histogram 2
MACD1 slow MA - 58
MACD2 slow MA - 16
MACD1 fast MA - 28
MACD2 fast MA - 59
MACD1 Signal line - 21
MACD2 Signal line - 46
Use previous bar value - NoTop
Statistic Information
Market Account
Symbol EURUSD Intrabar scanning Not accomplished
Period 1 Day Interpolation method Pessimistic scenario
Number of bars 1023 Ambiguous bars 1
Date of updating 26/08/10 Tested bars 655
Time of updating 00:00 Initial account 1000.00 USD
Date of beginning 13/04/07 Account balance 1000.17 USD
Time of beginning 00:00 Minimum account 1000.00 USD
Minimum price 1.18766 Maximum account 1000.30 USD
Maximum price 1.6038 Maximum drawdown 0.13 USD
Average Gap 47 pips Gross profit 0.30 USD
Maximum Gap 1699 pips Gross loss -0.13 USD
Average High-Low 1333 pips Sent orders 856
Maximum High-Low 5479 pips Executed orders 133
Average Close-Open 667 pips Traded lots 134
Maximum Close-Open 4550 pips Winning trades 1
Maximum days off 3 Losing trades 65
Maximum data bars 20000 Win/loss ratio 0.02
No data older than No limits Time in position 25 %
No data newer than No limits Charged spread 0.00 USD
Fill In Data Gaps Switched off Charged rollover 0.00 USD
Cut Off Bad Data Switched off Charged commission 0.00 USD
Charged slippage 0.00 USD
Total charges 0.00 USD
Balance without charges 1000.17 USD
Account exchange rate Not usedTop
This tutorial shows the main idea of the software. It aims to show you how to use the tools. You don't have to expect the same result from the generator as was shown in the examples. It doesn't work in such a way. If you want higher end result, run Generator several times and for longer periods.
This tutorial shows the main idea of the software. It aims to show you how to use the tools. You don't have to expect the same result from the generator as was shown in the examples. It doesn't work in such a way. If you want higher end result, run Generator several times and for longer periods.
Does this mean that taking the result from one run of the generator and then re running it will improve the results....?
Thanks
It may improve but may not. We cannot say. Generator generates completely new strategy at every run and the only common point between them is the net balance. The generator shows the strategy with best balance. The longer it runs, the greater is the chance to generate more profitable strategy. But more profitable doesn't mean better. The strategy may be over-optimized. So be careful.
I ran two generators for two hours each and then re ran for another hour, one had a good or improved result and the other had a mediocre result...
Caution required when expecring the generator to reveal the holy grail.... lol
Caution required when expecting the generator to reveal the holy grail.... lol
The use of OOS may reduce the risk of over-optimization.
Forex Software → Forex Strategy Builder (legacy) → can't see padlock image shown in tutorial
Powered by PunBB, supported by Informer Technologies, Inc.