Forex Strategy Builder V 2.4.0.2
Strategy name: eudhourly
Exported on: 4/22/2007 1:00:03 PM
Market: EURUSD 1 Hour
Spread: 2 pips
Swap Number: 2 pips
Balance: 30024 pips
Minimum account: 0 pips
Maximum drawdown: 23 pips
Time in position: 54 %
The same direction signal - does Nothing
The opposite direction signal - Reverses the position
[Opening point of the position]
Bar Opening
The market entry is at the beginning of the bar
Base price - Open
[Opening logic condition]
Bollinger Bands
The position's opening price is lower than the Up Band
Smoothing method - Simple
Base price - Close
MA period - 3
Multiplier - 1
Use previous bar value - No
[Opening logic condition]
Williams' Percent Range
The %R crosses the Level line upward
Smoothing method - Simple
Period of %R - 42
Smoothing period - 0
Level - -50
Use previous bar value - No
[Opening logic condition]
Williams' Percent Range
The %R rises
Smoothing method - Simple
Period of %R - 42
Smoothing period - 0
Level - -50
Use previous bar value - No
[Closing point of the position]
Bar Closing
The market exit is at the end of the bar
Base price - Close
[Closing logic condition]
Williams' Percent Range
The %R crosses the Level line downward
Smoothing method - Simple
Period of %R - 41
Smoothing period - 0
Level - -30
Use previous bar value - No
[Closing logic condition]
Bollinger Bands
The current bar closes above the Up Band
Smoothing method - Simple
Base price - Close
MA period - 2
Multiplier - 1.95
Use previous bar value - No
Please have a look on this and comment.
The strategy went bad when I use "Use previous bar value". Why do I need to use it?