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Forex Strategy Builder v2.5.3.0
Strategy name: MACD crossover
Exported on: 9/26/2007 6:25:38 PM

Market: EURUSD 1 Day
Spread: 4 pips
Swap Number: 1 pip

Intrabar scanning: Not accomplished
Interpolation method: Pessimistic scenario
Ambiguous bars: 0
Tested bars: 4688
Balance: -3501 pips
Minimum account: -4209 pips
Maximum drawdown: 4398 pips
Time in position: 100 %

A same direction signal - Does nothing
An opposite direction signal - Reverses the position

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

[Opening logic condition]
MACD
     The MACD line crosses the Signal line upward
     Smoothing method  -  Exponential
     Base price  -  Close
     Signal line method  -  Simple
     Slow MA period  -  26
     Fast MA period  -  12
     Signal line period  -  9
     Use previous bar value  -  Yes

[Closing point of the position]
Close and Reverse
     Close all positions and open a new one in the opposite direction

Does the strategy tested above where enter BUY whenever MACD crosses upward, and close position whenever MACD crosses downward and enter another SELL position. When MACD recross upward again, close the position and reenter BUY.

So the strategy shows a loss of -3501 pips (balance)?
What does minimum account means?
How about max. drandown?