Topic: USD JPY 1h Bollinger + CCI - 5000 pips from 2006
Hi everybody.
I'm a newbie trader from Spain.
First of all thank you Popov for your software, it's great.
Here is my strategy, it seems good (good profit, low drawdown, don't seem over-optimized).
I will start trading soon with Oanda.
Please send your comments about this strategy.
Forex Strategy Builder v2.5.3.3
Strategy name: USDJPY1h-buena-sl-cci
Exported on: 10/11/2007 16:17:41
Market: USDJPY 1 Hour
Spread: 2 pips
Swap Number: 0 pip
Intrabar scanning: Not accomplished
Interpolation method: Pessimistic scenario
Ambiguous bars: 3
Tested bars: 11357
Balance: 5189 pips
Minimum account: -5 pips
Maximum drawdown: 326 pips
Time in position: 87 %
A same direction signal - Does nothing
An opposite direction signal - Reverses the position
[Opening point of the position]
Bollinger Bands
Enter long at the Up Band
Smoothing method - Simple
Base price - Close
MA period - 10
Multiplier - 4,66
Use previous bar value - Yes
[Opening logic condition]
Previous High Low
The position opens above the previous High
Base price - High & Low
[Opening logic condition]
Commodity Channel Index
The CCI is lower than the Level line
Smoothing method - Simple
Base price - Typical
Smoothing period - 12
Level - 109
Multiplier - 0,015
Use previous bar value - Yes
[Closing point of the position]
Stop Limit
Exit at Stop Loss or at Take Profit level
Stop Loss - -140
Take Profit - 205