Topic: trouble getting strategy to load the way i want.
I seem to get two SAR lines of dots at the same time , not sure why ?
I'm gettting a very big loss here but when i back test it manually by hand on different pairs and 30M,1H, and 4H i alway get a good profit
Here is what i want to do:
buy = when i get Parbolic SAR buy signal, and candle opens above 50 MA (simple moving average)
close trade = when i get a sell signal from SAR
sell short just the opposite
sell short = when i get a sell signal from SAR and candle opens below 50 MA (simple moving average)
close trade = when i get a buy signal from SAR.
I also want to put stop loss at location of dot from SAR
this is a very simple strategy
This it what i have so far but doesnt seem to be what im looking for;
If any could please show me how to set this strategy up would be very helpful.
thankyou
ThisForex Strategy Builder v2.5.3.1
Strategy name: MA 50, SAR
Exported on: 11/6/2007 10:58:28 AM
Market: EURUSD 1 Hour
Spread: 4 pips
Swap Number: 1 pip
Intrabar scanning: Not accomplished
Interpolation method: Pessimistic scenario
Ambiguous bars: 0
Tested bars: 16962
Balance: -2069 pips
Minimum account: -2408 pips
Maximum drawdown: 2744 pips
Time in position: 81 %
A same direction signal - Does nothing
An opposite direction signal - Does nothing
[Opening point of the position]
Bar Opening
Enter the market at the beginning of the bar
Base price - Open
[Opening logic condition]
Parabolic SAR
PSAR determines the position's direction
Starting AF - 0.06999999
Increment - 0.05999999
Maximum AF - 2
[Opening logic condition]
Moving Average
The position opens above the MA value
Smoothing method - Simple
Base price - Close
Period - 50
Shift - 0
Use previous bar value - Yes
[Closing point of the position]
Parabolic SAR
PSAR determines the position's direction
Starting AF - 0.02
Increment - 0.01
Maximum AF - 2
Forex Strategy Builder v2.5.3.1
Strategy name: MA 50, SAR
Exported on: 11/6/2007 10:58:28 AM
Market: EURUSD 1 Hour
Spread: 4 pips
Swap Number: 1 pip
Intrabar scanning: Not accomplished
Interpolation method: Pessimistic scenario
Ambiguous bars: 0
Tested bars: 16962
Balance: -2069 pips
Minimum account: -2408 pips
Maximum drawdown: 2744 pips
Time in position: 81 %
A same direction signal - Does nothing
An opposite direction signal - Does nothing
[Opening point of the position]
Bar Opening
Enter the market at the beginning of the bar
Base price - Open
[Opening logic condition]
Parabolic SAR
PSAR determines the position's direction
Starting AF - 0.06999999
Increment - 0.05999999
Maximum AF - 2
[Opening logic condition]
Moving Average
The position opens above the MA value
Smoothing method - Simple
Base price - Close
Period - 50
Shift - 0
Use previous bar value - Yes
[Closing point of the position]
Parabolic SAR
PSAR determines the position's direction
Starting AF - 0.02
Increment - 0.01
Maximum AF - 2