this is a generated strategy.. perhaps some folks would comment on it and between a few of us we can make it viable

Forex Strategy Builder v2.12.0.0
Strategy name: CCI Sep 10 CCI
Exported on: 9/13/2010 7:37:25 PM

Description
This is an "empty" strategy.

You can use it as a base to build your strategy from scratch.

Feel free to experiment!

You can set the opening and the closing point of the position, add opening or closing logic conditions, and adjust the strategy properties.

The "Opening Point of the Position" slot shows the price, at which the strategy enters the market and adds/removes from an open position. We enter the market at a price level determined by an indicator value or by time ("Bar Opening" for example). However, before we open position we need confirmation from the "Opening Logic Condition" slots.

The "Opening Logic Conditions" basically tell you whether to enter the market or not when the entry price has been reached. They also determine the position's direction (whether we enter short or long). There is no any "Opening Logic Condition" in this strategy and that leads to undetermined entry direction.   Because of that the program doesn’t open positions during the backtest.

The "Closing Point of the Position" sets the exit price. If you set it at "Bar Closing", you can add "Closing Logic Conditions". They will block the exit until at least one of them is fulfilled. If you do not use "Closing Logic Conditions", the position will be closed when the "Closing Point" is reached.

The Strategy Overview explains the strategy logic in an additional window and can be exported to a file.

Look in the forum for help or more information on creating forex strategies.

Remember! The strategy slots describe the long position logic only. Forex Strategy Builder will set the short position logic automatically using the same logic but in the opposite direction.

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Modified by the strategy generator on 9/7/2010 1:27 PM.

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Modified by the strategy generator on 9/9/2010 3:49 AM.

Market: EURUSD 5 Minutes
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: 3

Use account % for margin round to whole lots
Maximum open lots: 20
Entry lots: 7% of the account for margin
Adding lots: 1% of the account for margin
Reducing lots: 1% of the account for margin

Intrabar scanning: Accomplished
Interpolation method: Pessimistic scenario
Ambiguous bars: 5
Tested bars: 39974
Balance: 196160 pips (29616.00 USD)
Minimum account: 0 pips (10000.00 USD)
Maximum drawdown: 0 pips (0.00 USD)
Time in position: 53 %

A same direction signal - Does nothing
An opposite direction signal - Does nothing
Permanent Stop Loss - None
Permanent Take Profit - 100

[Opening Point of the Position]
Hourly High Low
     Enter long at the hourly low
     Base price  -  High and Low
     Start hour (incl.)  -  11
     Start minutes (incl.)  -  31
     End hour (excl.)  -  4
     End minutes (excl.)  -  0
     Vertical shift  -  -1389

[Opening Logic Condition]
Commodity Channel Index
     The CCI is higher than the Level line
     Smoothing method  -  Simple
     Base price  -  Typical
     Smoothing period  -  14
     Level  -  100
     Multiplier  -  0.015
     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]
Bulls Power
     The Bulls Power crosses the Level line upward
     Smoothing method  -  Simple
     Smoothing period  -  24
     Level  -  0.0200
     Use previous bar value  -  No

Below is the strategy overview and there are some interesting numbers. How can we improve this startegy...??

Indicator Slots
The slots show the logic for the long positions only. Forex Strategy Builder automatically computes the proper logic for the short positions.

Strategy Properties
Same direction signal - Nothing
Opposite direction signal - Nothing
Permanent Stop Loss - None
Permanent Take Profit - 100
Opening Point of the Position
Hourly High Low
Enter long at the hourly low
Base price - High and Low
Start hour (incl.) - 11
Start minutes (incl.) - 31
End hour (excl.) - 4
End minutes (excl.) - 0
Vertical shift - -1389
Opening Logic Condition
Commodity Channel Index
The CCI is higher than the Level line
Smoothing method - Simple
Base price - Typical
Smoothing period - 14
Level - 100
Multiplier - 0.015
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
Bulls Power
The Bulls Power crosses the Level line upward
Smoothing method - Simple
Smoothing period - 24
Level - 0.0200
Use previous bar value - No

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Statistic Information
Market Account
Symbol EURUSD Intrabar scanning Accomplished
Period 5 Minutes Interpolation method Pessimistic scenario
Number of bars 40000 Ambiguous bars 5
Date of updating 09/12/10 Tested bars 39974
Time of updating 23:35 Initial account 10000.00 USD
Date of beginning 12/08/09 Account balance 29616.00 USD
Time of beginning 06:00 Minimum account 10000.00 USD
Minimum price 1.25229 Maximum account 29616.00 USD
Maximum price 1.48629 Maximum drawdown 0.00 USD
Average Gap 2 pips Gross profit 19616.00 USD
Maximum Gap 4922 pips Gross loss 0.00 USD
Average High-Low 66 pips Sent orders 53032
Maximum High-Low 821 pips Executed orders 181
Average Close-Open 35 pips Traded lots 3620
Maximum Close-Open 714 pips Winning trades 90
Maximum days off 62 Losing trades 0
Maximum data bars 40000 Win/loss ratio 1.00
No data older than No limits Time in position 53 %
No data newer than No limits Charged spread 546.00 USD
Fill In Data Gaps Switched off Charged rollover 374.00 USD
Cut Off Bad Data Switched off Charged commission 0.00 USD
  Charged slippage 1086.00 USD
  Total charges 2006.00 USD
  Balance without charges 31622.00 USD
  Account exchange rate Not used

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Additional Statistics
Parameter Long + Short Long Short
Initial account 10000.00 USD 10000.00 USD 10000.00 USD
Account balance 29616.00 USD 14710.00 USD 24906.00 USD
Net profit 19616.00 USD 4710.00 USD 14906.00 USD
Net profit % 196.16% 47.10% 149.06%
Gross profit 19616.00 USD 4710.00 USD 14906.00 USD
Gross loss 0.00 USD 0.00 USD 0.00 USD
Profit factor N/A N/A N/A
Annualized profit 25754.82 USD 6183.99 USD 19570.83 USD
Annualized profit % 257.55% 61.84% 195.71%
Minimum account 10000.00 USD 10000.00 USD 10000.00 USD
Minimum account date 12/8/2009 12/8/2009 12/8/2009
Maximum account 29616.00 USD 14710.00 USD 24906.00 USD
Maximum account date 4/23/2010 4/23/2010 4/22/2010
Absolute drawdown 0.00 USD 0.00 USD 0.00 USD
Maximum drawdown 0.00 USD 0.00 USD 0.00 USD
Maximum drawdown % 0.00% 0.00% 0.00%
Maximum drawdown date 12/8/2009 12/8/2009 12/8/2009
Historical bars 40000 40000 40000
Tested bars 39974 39974 39974
Bars with trades 21354 16180 5174
Bars with trades % 53.42% 40.48% 12.94%
Number of trades 90 26 64
Winning trades 90 26 64
Losing trades 0 0 0
Win/loss ratio Infinity Infinity Infinity
Maximum profit 3348.00 USD 182.00 USD 3348.00 USD
Average profit 217.96 USD 181.15 USD 232.91 USD
Maximum loss 0.00 USD 0.00 USD 0.00 USD
Average loss NaN USD NaN USD NaN USD
Expected payoff 217.96 USD 181.15 USD 232.91 USD
Average holding period returns 1.22% 1.50% 1.45%
Geometric holding period returns 1.21% 1.50% 1.44%
Sharpe ratio 0.85 8.98 0.75

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Lets discuss any improvement ideas.!!