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Forex Forum → Forex Strategies → User strategy: Opposite Signals

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Posts: 1

Topic: User strategy: Opposite Signals

Hi there, this is my first forex strategy, check it out, maybe you can take profits from this right now, it is designed for a market that has a strong descendend trend line and (GBP/USD right now)

please backtest it and you tell me about


Forex Strategy Builder v2.9.1.0
Strategy name: Opposite Signals
Exported on: 20/09/2009 01:47:34 a.m.

Market: GBPUSD 30 Minutos
Spread in pips: 1,79999995231628
Swap Long in pips: 4
Swap Short in pips: 4
Commission per lot at opening and closing in pips: 0
Slippage in pips: 0

Maximum open lots: 4
Entry lots: 1
Adding lots: 1
Reducing lots: 1

Intrabar scanning: Not accomplished
Interpolation method: Escenario pesimistico
Ambiguous bars: 1
Tested bars: 19974
Balance: 1727 pips (2726,60 USD)
Minimum account: -194 pips (806,20 USD)
Maximum drawdown: 424 pips (424,40 USD)
Time in position: 10 %

A same direction signal - Adds to a winnig position
An opposite direction signal - Closes the position
Permanent Stop Loss - -100

[Opening Point of the Position]
Price Move
     Enter long after an upward move
     Base price  -  Open
     Price move  -  18
     Use previous bar value  -  No

[Opening Logic Condition]
Bears Power
     The Bears Power crosses the Level line upward
     Smoothing method  -  Exponential
     Smoothing period  -  23
     Level  -  0,0000
     Use previous bar value  -  Yes

[Opening Logic Condition]
Long or Short
     Open short positions only

[Closing Point of the Position]
Take Profit
     Exit at the Take Profit level
     Take Profit  -  25

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