Topic: Strategy and MT4 data
FSB is great tool but I am a newbie and have following problems:
1) I am back testing data for 1 year duration from 01/09/2006 to 10/06/2008 (m/d/y) collecting data from MT4
Time frame- 1 Day
Data Horizon: Remove data older than 01/09/2006 to Remove data newer than 10/06/2008
Edit Instruments: Swap Number for long position- 1, Swap Number for short position - (-1)
Strategy Properties: Maximum number of Open lots- 5
Opening Point of the Position: Bar Opening, Logic: Enter the market at the begining of the year
Opening Logic Condition: RSI rises above level 30
Opening Logic condition: Long or Short, long only
Closing Point for the Position: Take Profit, Exit at take profit level at 20
Problem: It had shown profit previously but now shows losses!
2) I had saved data from EURUSD 4 hours (from MT4) data for 07/19/2001 to 07/18/2012. Under data horizon I set Remove data older than 01/09/2006 to Remove data newer than 10/06/2008. But why is it that it shows Data of updating becomes 05/21/12 and beginning becomes 03/12/12 in MARKET STATISTICS when I test strategies for 4 hour time frame?
3) If opening logic condition is only set to open long position and short is reversed. As given in choinces for logic, why is that we open long position when RSI falls/lower than/ crosses the line downwards/ changes the direction downward? Also what is the difference between falls/lower than/ crosses the line downwards/ changes the direction downward?
Thank you for your time