Topic: Exit Long at S1
OK, this is another strategy generated by FSB that closes the positions in the wrong spot ( at least not the strategy logic closing conditions). If somebody could run this strategy and verify this, will be awsome.
Here is:
Strategy Overview
Forex Strategy Builder v2.56.4.0
Strategy name: GBPUSD-30-5-11-11
Date: 5/20/2011 9:23:13 PM
Table of Contents
Description
Logic
Environment
Strategy Properties
Indicator Slots
Statistic Information
Description
Automatically generated on 5/11/2011 10:17 PM.
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Logic
Opening (Entry Signal)
Open a new long position or add to an existing position at the Upper Band of Keltner Channel* (Simple, Close, 76, 18, 1).
Open a new short position or add to an existing position at the Lower Band of Keltner Channel* (Simple, Close, 76, 18, 1).
Closing (Exit Signal)
Close an existing long position 1141 pips above the Pivot Point Support 1 level.
Close an existing short position 1141 pips below the Pivot Point Resistance 1 level.
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 - 30 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
Keltner Channel
Enter long at the Upper Band
Smoothing method - Simple
Base price - Close
MA period - 76
ATR period - 18
ATR multiplier - 1
Use previous bar value - Yes
Closing Point of the Position
Pivot Points
Exit long at S1 (short at R1)
Base price - One bar
Vertical shift - -1141
Use previous bar value - Yes
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Statistic Information
Market Account
Symbol GBPUSD Intrabar scanning Not accomplished
Period 30 Minutes Interpolation method Pessimistic scenario
Number of bars 16466 Ambiguous bars 4
Date of updating 04/26/11 Tested bars 16387
Time of updating 14:30 Initial account 1000.00 USD
Date of beginning 12/21/09 Account balance 2030.88 USD
Time of beginning 07:00 Minimum account 969.06 USD
Minimum price 1.4229 Maximum account 2030.88 USD
Maximum price 1.65976 Maximum drawdown 64.60 USD
Average Gap 5 pips Max equity drawdown 151.63 USD
Maximum Gap 1039 pips Max equity drawdown 14.33 %
Average High-Low 209 pips Gross profit 1247.08 USD
Maximum High-Low 1960 pips Gross loss -216.20 USD
Average Close-Open 103 pips Sent orders 125092
Maximum Close-Open 1540 pips Executed orders 1980
Maximum days off 3 Traded lots 37.8100000000005
Maximum data bars 20000 Winning trades 69
No data older than No limits Losing trades 12
No data newer than No limits Win/loss ratio 0.85
Fill In Data Gaps Switched off Time in position 82 %
Cut Off Bad Data Switched off Charged spread 37.98 USD
Charged rollover 14.52 USD
Charged commission 0.00 USD
Charged slippage 0.00 USD
Total charges 52.50 USD
Balance without charges 2083.38 USD
Account exchange rate Not used
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