Topic: Is there Break Even available?
Hi,
Is it possible to move a trade to Break Even in FSB?
Thank you!
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Forex Software → Forex Strategy Builder (legacy) → Is there Break Even available?
Hi,
Is it possible to move a trade to Break Even in FSB?
Thank you!
Break Even is a very important feature when testing strategies. I'll be glad to have it.
Thanks!
No you cannot.
I'm not sure what exactly you need. Something like a Trailing Stop that puts exit at break even price?
Yes, exactly! But it should move the Stop-Loss only once, when price will achieve a level which we set for Break Even.
Also, we have to be able to use Break Even with any other Exit Strategy.
BTW, there some problems with setting Exits. For Example:
I cannot use both Stop Loss and Take Profit (two separate commands, instead of "Trailing Stop Limit").
Or, let's say, I want to close position (with Profit or Loss) when Bar will be closed below MA(21) and also need to have Stop Loss = 30 pips - it seems we cannot use both conditions for Exits at the same time (and other cases).
Thank you!
I'm not sure what exactly you need. Something like a Trailing Stop that puts exit at break even price?
I cannot use both Stop Loss and Take Profit (two separate commands, instead of "Trailing Stop Limit").
Or, let's say, I want to close position (with Profit or Loss) when Bar will be closed below MA(21) and also need to have Stop Loss = 30 pips - it seems we cannot use both conditions for Exits at the same time (and other cases).
You can
Permanent Stop Loss - -30
...
...
[Closing Point of the Position]
Bar Closing
Exit the market at the end of the bar
Base price - Close
[Closing Logic Condition]
Moving Average
The bar closes below the Moving Average
Smoothing method - Simple
Base price - Close
Period - 14
Shift - 0
Use previous bar value - No
I cannot use both Stop Loss and Take Profit (two separate commands, instead of "Trailing Stop Limit").
Or, let's say, I want to close position (with Profit or Loss) when Bar will be closed below MA(21) and also need to have Stop Loss = 30 pips - it seems we cannot use both conditions for Exits at the same time (and other cases).
You can
Permanent Stop Loss - -30
...
...
[Closing Point of the Position]
Bar Closing
Exit the market at the end of the bar
Base price - Close
[Closing Logic Condition]
Moving Average
The bar closes below the Moving Average
Smoothing method - Simple
Base price - Close
Period - 14
Shift - 0
Use previous bar value - No
You right, but Permanent SL cannot be optimized together with other parameters, so I don't use it.
Thank you for the fast reply!
chief2000 wrote:I cannot use both Stop Loss and Take Profit (two separate commands, instead of "Trailing Stop Limit").
Or, let's say, I want to close position (with Profit or Loss) when Bar will be closed below MA(21) and also need to have Stop Loss = 30 pips - it seems we cannot use both conditions for Exits at the same time (and other cases).You can
Permanent Stop Loss - -30
...
...[Closing Point of the Position]
Bar Closing
Exit the market at the end of the bar
Base price - Close[Closing Logic Condition]
Moving Average
The bar closes below the Moving Average
Smoothing method - Simple
Base price - Close
Period - 14
Shift - 0
Use previous bar value - No
Hello
Please read this post also: http://forexsb.com/forum/topic/1170/bre … r-fsb-fst/
Hi,
Is it possible to move a trade to Break Even in FSB?
Thank you!
Thank you for the information!
It might be used as a temporary solution for a specific strategy, but unfortunately not when
running Strategy Generator. The good news is that the feature will be available soon
Hello
Please read this post also: http://forexsb.com/forum/topic/1170/bre … r-fsb-fst/chief2000 wrote:Hi,
Is it possible to move a trade to Break Even in FSB?
Thank you!
Forex Software → Forex Strategy Builder (legacy) → Is there Break Even available?
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