Topic: EURUSD H1 Strategies
This strategy is found by FSB for EURUSD at H1 timeframe.
It isbacktested have a gain of 70% on standard data found in FSB v2.10 .
Reason for sharing is for it eo be available for live testing under FST if it it will trade with similar profitability and please post your result with various broker in this forum
Forex Strategy Builder v2.10.0.0
Strategy name: EU H1 70P
Exported on: 12/13/2009 10:44:38 AM
Description
(This description might be outdated!)
Automatically generated on 12/13/2009 10:27 AM.
Out of sample testing [percent of bars]: 15%
Balance: 16369.00 USD (5/7/2009 8:00 PM Bar: 16999)
Market: EURUSD 1 Hour
Spread in pips: 3
Swap Long in pips: 1
Swap Short in pips: -1
Commission per lot at opening and closing in pips: 0
Slippage in pips: 0
Maximum open lots: 5
Entry lots: 1
Adding lots: 1
Reducing lots: 1
Intrabar scanning: Not accomplished
Interpolation method: Pessimistic scenario
Ambiguous bars: 0
Tested bars: 19983
Balance: 7010 pips (17010.00 USD)
Minimum account: -302 pips (9698.00 USD)
Maximum drawdown: 761 pips (761.00 USD)
Time in position: 64 %
A same direction signal - Adds to a winnig position
An opposite direction signal - Does nothing
Permanent Stop Loss - None
Permanent Take Profit - 100
[Opening Point of the Position]
Day Opening
Enter the market at the beginning of the day
Base price - Open
[Opening Logic Condition]
Previous Bar Closing
The position opens below the previous Bar Closing
Base price - Previous Bar Closing
[Opening Logic Condition]
Money Flow Index
The MFI rises
Period - 7
Level - 50
Use previous bar value - Yes
[Opening Logic Condition]
Envelopes
The bar opens below the Upper Band
Smoothing method - Simple
Base price - Close
MA period - 14
Deviation % - 1.00
Use previous bar value - Yes
[Closing Point of the Position]
Stop Loss