Topic: EURUSD M5 design for 1K capital

This strategy is design to trade with USD 1,000 capital with 0.1 lot and Max DD of USD 250, result indicate it 10% profit over the standard data period. Any feedback on how this strategy perform in forward test is welcome.

Forex Strategy Builder v2.10.0.0
Strategy name: Generated
Exported on: 12/15/2009 3:12:36 AM

Automatically generated on 12/15/2009 3:02 AM.
Out of sample testing [percent of bars]: 30%
Balance: 10058.50 USD (10/1/2009 10:35 PM  Bar: 13999)

Market: EURUSD 5 Minutes
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: 20
Entry lots: 0.1
Adding lots: 0.1
Reducing lots: 0.1

Intrabar scanning: Not accomplished
Interpolation method: Pessimistic scenario
Ambiguous bars: 2
Tested bars: 19799
Balance: 106 pips (10105.50 USD)
Minimum account: -17 pips (9982.80 USD)
Maximum drawdown: 19 pips (19.10 USD)
Time in position: 62 %

A same direction signal - Does nothing
An opposite direction signal - Does nothing
Permanent Stop Loss - -80
Permanent Take Profit - 170

[Opening Point of the Position]
Previous Bar Closing
     Enter the market at the previous Bar Closing
     Base price  -  Previous Bar Closing

[Opening Logic Condition]
RSI MA Oscillator
     The RSI MA Oscillator crosses the zero line upward
     Smoothing method  -  Weighted
     Signal line method  -  Simple
     Base price  -  Median
     RSI period  -  31
     Signal line period  -  168
     Use previous bar value  -  Yes

[Opening Logic Condition]
Price Oscillator
     The Price Oscillator rises
     Smoothing method  -  Weighted
     Base price  -  Close
     Period  -  106
     Additional smoothing  -  59
     Level  -  0.0000
     Use previous bar value  -  Yes

[Closing Point of the Position]
Starc Bands
     Exit long at the Upper Band
     Smoothing method  -  Weighted
     Base price  -  Close
     MA period  -  190
     Multiplier  -  3.98
     Use previous bar value  -  Yes

Re: EURUSD M5 design for 1K capital

Dear Melvin

i downloaded 5min data from my broker and setup my account like your account and used the same setup you used but the results completely different

( The no of bars slightly more than yours)

3 (edited by Melvin Lau 2009-12-15 01:56:22)

Re: EURUSD M5 design for 1K capital

Thank you for trying my setting. Upon checking you got the RSI MA Oscillator opening logic wrong, it should be " The RSI MA Oscillator cross the zero line upward"  yours was "The RSI MA Oscillator Rise". Please correct the setup and run it again, would appreciate to post what kind of result you get , the strategy was till 30th Oct 09 and yours is until 14 Dec 09. If it still show the 5% profit per month than this strategy is robust. If you forward test it and post the result that would be wonderful as I am having problem with getting the FST and the Expert Advisor to work properly in 3 of my computers

It would be great if Admin allow us to attached the setup file in the forum, then there will be no such error.

Re: EURUSD M5 design for 1K capital

Off topic

It would be great if Admin allow us to attached the setup file in the forum, then there will be no such error.

Every registered user can attach files.
Use Post reply instead quick reply form.

Re: EURUSD M5 design for 1K capital

Dear Melvin
Attached here a snap shot for the equity curve and the profit -loss they are equal
and attached here a pdf containing the whole report

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