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Posts: 9

Topic: Flawless strategy no2 for 5 minutes

Any errors in it?

Forex Strategy Builder v2.50.1.1 Beta
Strategy name: eur-usd-5-flawless-100-19280
Exported on: 2010-06-19 23:44:30

Description
Automatically generated on 2010-06-19 23:41.

Market: EURUSD 5 Minutes
Spread in pips: 2
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: 1
Adding lots: 1
Reducing lots: 1

Intrabar scanning: Not accomplished
Interpolation method: Pessimistic scenario
Ambiguous bars: 4
Tested bars: 2853
Balance: 9341 pips (19341.00 USD)
Minimum account: 0 pips (10000.00 USD)
Maximum drawdown: 0 pips (0.00 USD)
Time in position: 100 %

A same direction signal - Adds to the position
An opposite direction signal - Does nothing
Permanent Stop Loss - 100
Permanent Take Profit - 100

[Opening Point of the Position]
Heiken Ashi
     Enter long at the H.A. High
     Base price  -  High, Low, Open, Close
     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]
Standard Deviation
     The Standard Deviation crosses the Level line downward
     Smoothing method  -  Simple
     Base price  -  Weighted
     Period  -  146
     Level  -  0.0188
     Use previous bar value  -  No

Re: Flawless strategy no2 for 5 minutes

acharyadas wrote:

Any errors in it?

Forex Strategy Builder v2.50.1.1 Beta
Strategy name: eur-usd-5-flawless-100-19280
Exported on: 2010-06-19 23:44:30

Description
Automatically generated on 2010-06-19 23:41.

Market: EURUSD 5 Minutes
Spread in pips: 2
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: 1
Adding lots: 1
Reducing lots: 1

Intrabar scanning: Not accomplished
Interpolation method: Pessimistic scenario
Ambiguous bars: 4
Tested bars: 2853
Balance: 9341 pips (19341.00 USD)
Minimum account: 0 pips (10000.00 USD)
Maximum drawdown: 0 pips (0.00 USD)
Time in position: 100 %

A same direction signal - Adds to the position
An opposite direction signal - Does nothing
Permanent Stop Loss - 100
Permanent Take Profit - 100

[Opening Point of the Position]
Heiken Ashi
     Enter long at the H.A. High
     Base price  -  High, Low, Open, Close
     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]
Standard Deviation
     The Standard Deviation crosses the Level line downward
     Smoothing method  -  Simple
     Base price  -  Weighted
     Period  -  146
     Level  -  0.0188
     Use previous bar value  -  No

Can you pls post the xml for this.....

Thanks

Re: Flawless strategy no2 for 5 minutes

IndianForexTrader wrote:

Can you pls post the xml for this.....

Thanks

Luckily I still have it and will be forward testing soon.

Post's attachments

eur-usd-5-flawless-100-19341.xml 2.75 kb, 72 downloads since 2010-06-20 

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Re: Flawless strategy no2 for 5 minutes

I used the historical data from FSB for backtesting and the strategy doesn't work for me.
Am I the only person who have problems with your strategies?

I think you use highly optimized strategies for a certain timeframe, it seems to work for you.
I' ll try to get some new historical data.

Re: Flawless strategy no2 for 5 minutes

hans753 wrote:

I used the historical data from FSB for backtesting and the strategy doesn't work for me.
Am I the only person who have problems with your strategies?

I think you use highly optimized strategies for a certain timeframe, it seems to work for you.
I' ll try to get some new historical data.

So the strategy should work in all time frames? And for how many bars in the past? What is your approach?

Re: Flawless strategy no2 for 5 minutes

In the Description -- it says "Tested bars: 2853". Does this mean your test data was for 2 weeks or so? That might be too short to find a strategy likely to continue working.
I optimize on the past 2-4 months. Then, if it looks good, I check the strategy on a 4-month period from last year. I have found for my strategies they may continue working, but only for 1-3 weeks at most. Then, the win ratio drops to around 10%-25%. I am still trying to figure out how to tell why and when a strategy works and doesn't.
I found the same as Hans753 -- the above strategy with EURUSD 5 minute for June 1-18 '10 did not work for me.

Re: Flawless strategy no2 for 5 minutes

Have a margin call immediately while testing this on all time frames.

Re: Flawless strategy no2 for 5 minutes

@acharyadas: I don't know how to write good strategies, this my problem.
Maybe your method to backtest only 2 weeks and then use this strategy for one week is a good idea.
And after one week you just create a new strategy based on the last 2 weeks, is this the way you create strategies?

Re: Flawless strategy no2 for 5 minutes

Well, this is my current approach to test. Optimize every day and if it do not perform, just do another one. So it is not about strategies, but how to use them, because all of them WILL SELF DESTRUCT earlier or later.

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