Topic: my 1st strategy

Forex Strategy Builder v2.10.0.0
Strategy name: New
Exported on: 26-12-2009 01:45:10

Description
   None.

Market: EURUSD 1 Day
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: 10
Entry lots: 1
Adding lots: 1
Reducing lots: 1

Intrabar scanning: Accomplished
Interpolation method: Pessimistic scenario
Ambiguous bars: 0
Tested bars: 5252
Balance: 3122 pips (3640,63 USD)
Minimum account: -599 pips (478,78 USD)
Maximum drawdown: 1096 pips (951,00 USD)
Time in position: 6 %

A same direction signal - Adds to a winnig position
An opposite direction signal - Reverses the position
Permanent Stop Loss - None
Permanent Take Profit - None

[Opening Point of the Position]
Bar Opening
     Enter the market at the beginning of the bar
     Base price  -  Open

[Opening Logic Condition]
Bollinger Bands
     The position opens above the Upper Band
     Smoothing method  -  Simple
     Base price  -  Close
     MA period  -  18
     Multiplier  -  2,00
     Use previous bar value  -  Yes

[Opening Logic Condition]
Stochastics
     The %K is lower than the Slow %D
     Smoothing method  -  Simple
     %K period  -  5
     Fast %D period  -  4
     Slow %D period  -  1
     Level  -  20
     Use previous bar value  -  Yes

[Closing Point of the Position]
Bar Closing
     Exit the market at the end of the bar
     Base price  -  Close

[Closing Logic Condition]
Bollinger Bands
     The bar closes above the Upper Band
     Smoothing method  -  Simple
     Base price  -  Close
     MA period  -  16
     Multiplier  -  2,00
     Use previous bar value  -  No

[Closing Logic Condition]
Stochastics
     The %K is higher than the Slow %D
     Smoothing method  -  Simple
     %K period  -  4
     Fast %D period  -  3
     Slow %D period  -  4
     Level  -  20
     Use previous bar value  -  No

Re: my 1st strategy

Looks like an easy and profitable strategy good luck with it  wink