Topic: Perfect Line - EurUsd 1min - strategy

Hi all,

in the last days I`m trying to find the best strategy for EurUsd 1min time frame. I think this (or EurUsd 5min) time frame is the best for a people with a small budget. Its also quite fast to test on demo account.

With a little bit luck I have generated this kind of strategy. Its very simple and this what You can see on FSB screenshot also profitable. The problem is that I havent tested yet on the demo account so I cant say that this strategy could generate profit based on demo or real account. Whatever, would be great if somebody could help me test it or simply improve it. I`m not a big specialist on the forex market...


FSB screenshot:

http://s15.postimage.org/g96xaoncn/fsb_perfect_line_settings.jpg

(please check results since 10:10 8/15/2012 +1GMT Berlin time - I have also tested some other strategies on this account)

Looks impressive, isnt it ? But on the demo account its not so nice...

At the momment I have started second test.
Time = Beginning 10:10 / End 17:00   (Berlin time - GMT+1)

Here You have a link to my public myfxbook.com demo account where You can observing results in the realtime:

http://www.myfxbook.com/members/dlugasx … egy/350779


Forex Strategy Builder saying that this strategy is allmost perfect. On the demo account situation looks different. Why ? What I have done wrong ? Why interpreatation of the past(FSB) and future data(demo account) is so different ?



Dlugi

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1min-eurusd-perfect-line.xml 2.32 kb, 61 downloads since 2012-08-15 

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Re: Perfect Line - EurUsd 1min - strategy

The first problem which I have found is trade duration time.

On the FSB screenshot we can see that each trade takes exacly 1min.

http://s10.postimage.org/6zif3u6s5/trades_duration_fsb_simulation.jpg

On the demo account situation is different:

http://s8.postimage.org/bgssd4p4h/trades_duration_demo_account.jpg

Each trade takes different times... Why ? This strategy based on 1 min bar, so why each trade has a different time ? Have I done something wrong  ?

Re: Perfect Line - EurUsd 1min - strategy

You have unrealistic spread - 0.01 . It all begins there - very tiny profits which are not achievable in reality. Reality bites! big_smile

4 (edited by dlugi 2012-08-15 11:52:38)

Re: Perfect Line - EurUsd 1min - strategy

footon wrote:

You have unrealistic spread - 0.01 . It all begins there - very tiny profits which are not achievable in reality. Reality bites! big_smile


I have opened once again my file from the first post...

http://s12.postimage.org/u6x6co1zt/spread_1pip.jpg

Something is wrong here... I have setup exacly the same like in the Admiral Markets. Daily spread - 1pip

Why in the table instead of 1pip I see 0.01 pip ?

How to setup correctly spread in FSB ?

Could You please help me ?

Re: Perfect Line - EurUsd 1min - strategy

ok, I have found it...

5 digits...

spread settings are ok, the problem was with 5 digits... should be 4

ughhhhh....


testing once again wink


thanks for Your help big_smile

Re: Perfect Line - EurUsd 1min - strategy

i think it is working on 1 day. smile

Re: Perfect Line - EurUsd 1min - strategy

Did somebody test it. aysamatik I change some things acording to your 1 day suggestion smile resault is very nice wink I will try it and if it's work I will turn back.

Re: Perfect Line - EurUsd 1min - strategy

99,9 % of perfect line strategies are curvefitted
thomas

http://www.tradessystem.com/

Re: Perfect Line - EurUsd 1min - strategy

99,9 % of perfect line strategies are curvefitted

I would say that 100% of the strategies are curve-fitted. Actually this is what the fx generators and optimizers do. The key moment is to distinguish which strategies are so curve fitted that don't have any chance on new data.

No mater how you make a strategy or EA - by using FSB, code it manually or throw darts, if you adjust the parameters in order to receive a desired stats result, you "curve-fit" the strategy.

Re: Perfect Line - EurUsd 1min - strategy

They all look super until the 'Multi Markets' test....

As often as I work on developing strategies, and I have been doing it a long time, very few get past Multi Markets.

My 'secret' goal is to push EA Studio until I can net 3000 pips per day....

Re: Perfect Line - EurUsd 1min - strategy

This why it would be extremely helpful if the generator could be enhanced to handle multiple markets simultaneously.

Re: Perfect Line - EurUsd 1min - strategy

There is a software which will handle more than one instrument at a time, it costs about 5 times as much as FSBPro.

I am not too sure that its users have a lot better luck than we do, the program takes a long time to process the data and requires a powerful computer.

FSBPro has been designed and priced to accommodate traders who have not the deepest pockets so that users with smaller machines and budgets can create effective strategies.

As you may know, the developer originally spent a few years creating a completely free version and then decided that he wanted to offer more and developed FSBPro.

The original Forex Strategy Builder was downloaded by millions of people and the odd person contributed a few dollars once in a while.

To take FSBPro to another level, a price had to be assigned to pay for server and programmer time.

To go to the next level, which I know has been considered, is going to take another great amount of time and expense for the developer.

For myself, I would like to see the features that you propose...... perhaps we all can contribute some serious monies to allow that to happen.

I would guess that a programmer would charge somewhere in the range of 30,000 to 50,000 USD to create such a program, perhaps if we had substantial subscriptions, we could convince the developer to go ahead and prepare a new software.

What are your thoughts on that?

Say we had subscriptions totaling  3,000 or 5,000 monthly, I think we could make a proposal to the developer and get what we want.

I am sure he would write a great program and would not overcharge, however, he is committed to this program, as you can tell from the rapid support and constant improvements, and therefore would need some commitments from people in order to develop another program.

Feel free to add your ideas and comments.

daveM

My 'secret' goal is to push EA Studio until I can net 3000 pips per day....

Re: Perfect Line - EurUsd 1min - strategy

Multi Markets

We have to keep in mind that the more complex a strategy, the more difficult to pass MultiMarkets tests.

My approach is to use simple strategies and use MultiMarkets as I develop the strategy.

It is up to us, individually, to determine what tests we are going to use in MultiMarkets to establish robustness. There are many options available.

I have developed a few strategies using only the open and close..... no opening or closing logic slots

I have also developed a few strategies using 'Default Numeric Values' and no opening or closing logic slots.

In those ways I have cut down on the inputs and had better luck with Multi Markets and also cut down considerably on the amount of time to get a selection of strategies to test.

My 'secret' goal is to push EA Studio until I can net 3000 pips per day....

Re: Perfect Line - EurUsd 1min - strategy

MULTI MARKETS

This is a very simple strategy using only one indicator, you can see the results in Multi Markets.

This took maybe 5 minutes altogether to generate the strategy and and then use MM and find some results.

If I had been using a software that ran two pairs together it would have taken hours and hours to get this result.

(this is just a quick result, an example, certainly not suitable for trading)


http://s10.postimg.org/crpwwjfat/Dave_M_0125.jpg

My 'secret' goal is to push EA Studio until I can net 3000 pips per day....

15 (edited by hannahis 2015-10-01 05:24:13)

Re: Perfect Line - EurUsd 1min - strategy

Blaiserboy wrote:

What are your thoughts on that?

Say we had subscriptions totaling  3,000 or 5,000 monthly, I think we could make a proposal to the developer and get what we want.

I am sure he would write a great program and would not overcharge, however, he is committed to this program, as you can tell from the rapid support and constant improvements, and therefore would need some commitments from people in order to develop another program.

Feel free to add your ideas and comments.

daveM

Dave,

I agree with you, probably we should open up another new discussion thread for this topic to get more attention or respond.

FSB Pro with all the future ideas Popov and his team have, will be a super power tools for traders.  The potential returns (in terms of churning out excellent EA is tremendous...already I've really good results from current version.  I can't imagine what it would be like when all our suggestions and future improvement are installed).

Like you say, such improvement needs time, resource and contributions in terms of subscription or purchase would very much help toward making these dreams into reality.

Again for those who in the midst of figuring out and wondering again (losing faith in your search), whether FSB Pro really can make profitable EA...below is a snap shot of the trading done yesterday, just 1 day trading's floating profit, yet tremendous result.  All EA using 1min time chart.

However, please don't mistaken...a powerful tool can only be effective on a skillful hand.  FSB pro help you to put your theory into practice.  Traders still need to develop their own trading strategy and with the help of FSB to fine tune that theory and materialise it.  That's how I use FSB, I develop my own trading theory and I use the FSB to input my theory (opening and closing logic conditions) and use the statistic to fine tune the results (I don't use optimiser though, it doesn't work really well for my theory).  For those who are treating FSB as a magic wand or genie in a bottle without wanting to learn about trading theory...you should be disappointed.  Because you have unrealistic expectations on FSB.

I really believe with all the future possible improvement put in place, more traders would find it easier to develop better and profitable EA with the added tools to help us fine tune the results better.  So for those who having been using this FSB programme since those early days when it is free...please do consider being fair and helpful by contributing in one way or another.  In life, there are givers and there are takers.  Blessed are those who give.  Those who sow generously will reap generously...those who sow sparingly will reap sparingly.

http://www.myfxbook.com/members/HANNAHI … ut/1356622


http://s7.postimg.org/mhou2urw7/HIT_Demo.jpg

Hannah

Re: Perfect Line - EurUsd 1min - strategy

Hi David,

We may want to post this in a separate thread. I for one would be willing to increase my monthly subscription fee for premium features as I'm sure that others would as well.  ForexSB is a great platform, and with some of the premium features that we've been discussing, it would put this platform way ahead of the pack.

Would love to hear from Popov and others on their thoughts on solid methodologies that leverage the current features of the product to create solid and robust multi markets strategies that can stand the test of time. Let me know if my thinking is correct here but potentially a low hanging fruit would be to increase the number of bars that generator uses to create strategies from 50000 to say half a million (This is specially helpful with 1 and 5 minutes strategies). It would seem that a much longer back test would increase the the variability of the market and make for more robust strategies.

Thanks,

Re: Perfect Line - EurUsd 1min - strategy

You can increase the number of bars easily....... and that will, of course, slow the process.

I think Hannahis uses a larger number of bars as she works with the faster time frames. That one is easy.

I will email Popov and see what he thinks..... he has to be allowed to ponder our radical ideas hahaha

He seems open to doing most things we ask as long as they fit into the lengthy 'to do' list that he has made.

ps. I have sent the email...  he will need time to think on this.

daveM

My 'secret' goal is to push EA Studio until I can net 3000 pips per day....

Re: Perfect Line - EurUsd 1min - strategy

Hi David,

Please clarify... The number of bars for a back-test is limited to 50,000.  I assume this is what you are emailing Popov about.

Thanks,

Re: Perfect Line - EurUsd 1min - strategy

You can change the number of bars in the config file

I emailed Popov about contributions towards an upgrade.

My 'secret' goal is to push EA Studio until I can net 3000 pips per day....

Re: Perfect Line - EurUsd 1min - strategy

would you happen to know the name and location of the config file ?

Thanks,

21 (edited by hannahis 2015-10-02 16:26:55)

Re: Perfect Line - EurUsd 1min - strategy

imasri wrote:

Hi David,

Would love to hear from Popov and others on their thoughts on solid methodologies that leverage the current features of the product to create solid and robust multi markets strategies that can stand the test of time. Let me know if my thinking is correct here but potentially a low hanging fruit would be to increase the number of bars that generator uses to create strategies from 50000 to say half a million (This is specially helpful with 1 and 5 minutes strategies). It would seem that a much longer back test would increase the the variability of the market and make for more robust strategies.

Thanks,

Vidagig has posted his historical data for us, here is his instruction on how to increase the bar so that you can increase FSB historical data

How to increase amount of historical data in FSB: (manually over-ride the default 50 000 bars)
(as described elsewhere on this forum)
NB: The bigger the historical data set the more strain on your computer when using FSB - can cause instability.
FSB needs lots of Ram generally I'm learning the hard way to reduce my demands on FSB and also to pre-emptively restart when I see things getting sluggish and before a computer crash. Note to self - Buy more RAM.
How to:
Quit FSB first - then - In FSB Application Folder open in a basic text editor e.g. Notepad -  User Files / System / "Datasource" file for (each) Data Source and set all Max Bars at the bottom to e.g. 1 000 000
- then Restart FSB

To read more about the discussion where this discussion thread http://forexsb.com/forum/topic/5473/an … -to-share/


Yes, I totally agree that FSB Pro should consider increase the amount of historical data available during normal updates for 1min and 5min time charts especially for those who are primarily using short time frame to build our strategies.  When longer historical data, our statistical result would be more stable or at least we know endured longer time.  I know by just increasing the Max bar on your own (instead of the default), the FSB demo data for 1min chart would extend till about 3 months instead of the usual 1.5months for my case.

Hannah

22 (edited by hannahis 2015-10-02 18:21:20)

Re: Perfect Line - EurUsd 1min - strategy

I wonder what's the maximum bar we can set to increase the 1min FSB demo data? 

During each update, what's the longest 1min FSB demo data is being made available if I can increase the max bar to my computer's capacity? 3mths? 1year? 10years?

Probably the default is to prevent people's computer from crashing due to limited ram.

I wished the information about changing the default bar max to increase historical data for 1min would be a bit more prominent for new comers to take note of such setting and hence, increase the default for themselves and maximise the potential of FSB pro 1min abilities.

Can this function of changing data max bar be made easily available in the market setting tab or data source section in the FSB Pro, can this function be added in together with the add data source section?

Hannah

Re: Perfect Line - EurUsd 1min - strategy

Maybe a couple preset profiles to accommodate indicators and bars

My 'secret' goal is to push EA Studio until I can net 3000 pips per day....