• Registered: 2010-03-17
  • Posts: 1

Topic: Help Please

Hi.

I am trying to create a stratergy test for for daily breakout trades. I want to set a one cancels other order for opening a trade, sell short at 2 pips below the previous days low with a 15 pip target and 15 pip stop and buy long at 2 pips + spread above the high of the previous day again with a 15 pip stop and 15 pip profit target.

To me this seems a simple strategy but I just can't work out how to put it into startegy builder.

Any help will be much appreciated.

Thanks.
T69

2 Reply by MaxB (edited by MaxB 2010-03-17 11:44:55)

  • MaxB
  • Member
  • Offline
  • Registered: 2010-03-11
  • Posts: 16

Re: Help Please

This the best I can do.  I have a 5 digit FX rate hence the zero on the spread, SL & PT.  I'm actually surprised that there aren't more Ambiguous bars.

Market: EURUSD 1 Day
Spread in pips: 20
Swap Long in pips: 0
Swap Short in pips: 0
Commission per lot at opening and closing in pips: 0
Slippage in pips: 10

Maximum open lots: 1
Entry lots: 1
Adding lots: 1
Reducing lots: 1

Intrabar scanning: Accomplished
Interpolation method: Pessimistic scenario
Ambiguous bars: 476
Tested bars: 3079
Balance: -100080 pips (-80.00 USD)
Minimum account: -100080 pips (-80.00 USD)
Maximum drawdown: 100190 pips (100190.00 USD)
Time in position: 18 %

A same direction signal - Does nothing
An opposite direction signal - Does nothing
Permanent Stop Loss - 150
Permanent Take Profit - 150

[Opening Point of the Position]
Previous High Low
     Enter long at the previous high
     Base price  -  High and Low
     Vertical shift  -  0

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