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Forex Software → Forex Strategies → Pivot Point Rules ??
Dear Popov
i used the pivot point levels to enter and exit the market ( as opening and closing points) without any enter or exit logics and FSB GIVES ME THESE RESULTS !!!!!!!!!!!!!!
SURE THERE IS SOMETHING WRONG BUT I CANNOT FIGURE WHAT?
MAY YOU GUIDE ME IN THAT ISSUE
ANOTHER REQUIST
HOW TO MAKE THESE STRATEGIES WITH FSB , I TRY BUT COULDNOT DO IT ?
http://forexsb.com/strategies/strategy-pivot-points.html
i used the pivot point levels to enter and exit the market ( as opening and closing points) without any enter or exit logics and FSB GIVES ME THESE RESULTS !!!!!!!!!!!!!!
SURE THERE IS SOMETHING WRONG BUT I CANNOT FIGURE WHAT?
MAY YOU GUIDE ME IN THAT ISSUE
You probably changed alone "Use previous bar value" parameter of the Pivot Points. That is NOT RECOMMENDED. The program controls this option pretty well. Any improper value of "Use previous bar value" may lead to false backtest.
This is the backtest result using the default "Use previous bar value" vales.
ANOTHER REQUIST
HOW TO MAKE THESE STRATEGIES WITH FSB , I TRY BUT COULDNOT DO IT ?
http://forexsb.com/strategies/strategy-pivot-points.html
The strategy logic and indicators parameters are shown on the next page Strategy Overview.
You probably changed alone "Use previous bar value" parameter of the Pivot Points. That is NOT RECOMMENDED. The program controls this option pretty well. Any improper value of "Use previous bar value" may lead to false backtest.
This is the backtest result using the default "Use previous bar value" vales.
I like to trade manually so i find the setup on daily and then go to 1hr chart to take trade , So if iam in this week and iam open now the 1hr chart with Pivot points and didnot select previous day data so ( these pivot points drawn from the last day data) but if i use ( previous day data ) it will take orders usind old data and in pivot points old data for yesterday not for today ( am i right!) So why i use the old pivot points by selecting (use previous bar?)
if i use ( previous day data ) it will take orders usind old data and in pivot points old data for yesterday not for today ( am i right!) So why i use the old pivot points by selecting (use previous bar?)
It's up to you.
Forex Strategy Builder uses previous data because they are fixed and in that way the backtest is real.
Forex Strategy Trader uses previous data because the trade must be as near to the backtest rules as possible. If FST opens a position at current PP on 1H chart, the price and PP will probably change to the end of the day so the entry will not be at the PP.
Dear Popov
From your last answer you mean if i didnot use previous bar value in pivot point indicator this means i will use the pivot points which is still not complete ( today still not finished) ?? right ?
Hmm .. I came across the same problem as this during my strategy testing. Guess what cause this strategy sound too good to be true? 
It's because the "interpolation method" that you are using is set as "pessimistic". So, change it to "random" interpolation to conform to the real random tick by tick data and you'll see that the pivot point strategy behave as in the real random trading.
Forex Software → Forex Strategies → Pivot Point Rules ??
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