Hi Krog, hope you can shed some light on this:
Strategy Overview
Forex Strategy Builder v2.56.4.0
Strategy name: GBPUSD-5-4-30-11
Date: 5/20/2011 5:01:46 PM
Table of Contents
Description
Logic
Environment
Strategy Properties
Indicator Slots
Statistic Information
Description
Automatically generated on 4/30/2011 2:01 PM.
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Logic
Opening (Entry Signal)
Open a new long position or add to an existing position at the Lower Band of Starc Bands* (Smoothed, Close, 62, 2.52).
Open a new short position or add to an existing position at the Upper Band of Starc Bands* (Smoothed, Close, 62, 2.52).
Closing (Exit Signal)
Close an existing long position at the end of the week when the following logic condition is satisfied:
the Oscillator of Momentum (Smoothed, Open, 110, 48) crosses the zero line upward.
Close an existing short position at the end of the week when the following logic condition is satisfied:
the Oscillator of Momentum (Smoothed, Open, 110, 48) crosses the zero line downward.
Handling of Additional Entry Signals**
Entry signal in the direction of the present position:
Add to the position no matter if it is at a profit or loss. Do not exceed the maximum allowed number of lots to open.
Entry signal in the opposite direction:
No modification of the present position is allowed. Cancel any additional orders which are in the opposite direction.
Trading Size
Trade percent of your account.
Opening of a new position - 0.1% of the account equity.
Adding to a position - 0.1% of the account equity. Do not open more than 19.88 lots.
Permanent Protection
The strategy does not provide a permanent loss limitation.
The Permanent Take Profit closes a position at 1000 pips profit.
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* Use the indicator value from the previous bar for all asterisk-marked indicators!
** The averaging rules apply to the entry signals only. Exit signals close a position. They cannot open, add or reduce one.
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Environment
Market
Symbol - GBPUSD
Time frame - 5 Minutes
Account
Initial account - 1000.00 USD
Lot size - 10000
Leverage - 1/50
Required margin - 20.00 USD* for each open lot
Charges
Spread - 20 pips (2.00 USD*)
Swap number for a long position rollover - 2 pips (0.20 USD*)
Swap number for a short position rollover - -2 pips (0.20 USD*)
Commission per lot at opening and closing - 0 pips (0.00 USD*)
Slippage - 0 pips (0.00 USD*)
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* This value may vary!
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Strategy Properties
Handling of Additional Entry Signals
Next same direction signal behavior - Adds to the position
Next opposite direction signal behavior - Does nothing
Trading Size
Trade percent of your account. The percentage values show the part of the account equity used to cover the required margin.
Maximum number of open lots - 19.88
Number of entry lots for a new position - 0.1% of the account equity
In case of addition - number of lots to add - 0.1% of the account equity
In case of reduction - number of lots to close - 0.1% of the account equity
Permanent Protection
Permanent Stop Loss - None
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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 - Add
Opposite direction signal - Nothing
Permanent Stop Loss - None
Permanent Take Profit - 1000
Opening Point of the Position
Starc Bands
Enter long at the Lower Band
Smoothing method - Smoothed
Base price - Close
MA period - 62
Multiplier - 2.52
Use previous bar value - Yes
Closing Point of the Position
Week Closing
Exit the market at the end of the week
Base price - Close
Closing Logic Condition
Oscillator of Momentum
The Oscillator crosses the zero line upward
Smoothing method - Smoothed
Base price - Open
Momentum1 period - 110
Momentum2 period - 48
Use previous bar value - No
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Statistic Information
Market Account
Symbol GBPUSD Intrabar scanning Not accomplished
Period 5 Minutes Interpolation method Pessimistic scenario
Number of bars 20000 Ambiguous bars 1
Date of updating 04/26/11 Tested bars 19840
Time of updating 14:40 Initial account 1000.00 USD
Date of beginning 01/18/11 Account balance 2006.53 USD
Time of beginning 00:40 Minimum account 1000.00 USD
Minimum price 1.57498 Maximum account 2006.53 USD
Maximum price 1.65976 Maximum drawdown 0.00 USD
Average Gap 1 pips Max equity drawdown 245.94 USD
Maximum Gap 773 pips Max equity drawdown 13.75 %
Average High-Low 69 pips Gross profit 1006.53 USD
Maximum High-Low 917 pips Gross loss 0.00 USD
Average Close-Open 36 pips Sent orders 97735
Maximum Close-Open 889 pips Executed orders 2018
Maximum days off 2 Traded lots 38.2000000000004
Maximum data bars 20000 Winning trades 32
No data older than No limits Losing trades 0
No data newer than No limits Win/loss ratio 1.00
Fill In Data Gaps Switched off Time in position 93 %
Cut Off Bad Data Switched off Charged spread 39.72 USD
Charged rollover 10.28 USD
Charged commission 0.00 USD
Charged slippage 0.00 USD
Total charges 50.00 USD
Balance without charges 2056.53 USD
Account exchange rate Not used
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