Hi There!

I've found a strategy for GBP/USD - 15 minute - chart. It has a good performance, but a huge drawdown - Maybe one of you has an idea how we could improve it:

Forex Strategy Builder v2.57.21.0 Beta
Strategy name: v045
Exported on: 17.05.2011 13:50:48

Description
GBPUSD - 15 min.
Profit 38.500,60 EUR between 07-2010 and 04-2011
DrawDown 8.600 :-(
EquityDrawDown 12.252 :-(((

Market: GBPUSD 15 Minuten
Spread in pips: 20
Swap Long in pips: 2
Swap Short in pips: -2
Commission per lot at opening and closing in pips: 8
Slippage in pips: 2

Use account % for margin round to whole lots
Maximum open lots: 20
Entry lots: 0,05% of the account for margin
Adding lots: 1% of the account for margin
Reducing lots: 1% of the account for margin

Intrabar scanning: Not accomplished
Interpolation method: Pessimistisches Szenario
Ambiguous bars: 26
Tested bars: 16243
Balance: 53901 pips (48500,60 USD)
Minimum account: -5 pips (9996,69 USD)
Maximum drawdown: 12041 pips (8600,89 USD)
Time in position: 97 %

A same direction signal - Adds to the position
An opposite direction signal - Does nothing
Permanent Stop Loss - 1000
Permanent Take Profit - 2050

[Opening Point of the Position]
Ross Hook
     Enter long at a Down Ross hook

[Closing Point of the Position]
Day Closing
     Exit the market at the end of the day
     Base price  -  Close

[Closing Logic Condition]
Ergodic Indicator
     [ a ]   The Ergodic line is higher than the Signal line
     Smoothing method  -  Weighted
     Base price  -  Median
     R Parameter  -  83
     S Parameter  -  167
     U Parameter  -  49
     Smoothing Length  -  184
     Use previous bar value  -  No

[Closing Logic Condition]
Bar Range
     [ b ]   The Bar Range rises
     Number of bars  -  11
     Level  -  0
     Use previous bar value  -  No

Bye,
erio