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Forex Software → General Users Forum → is anyone making money with FSB&FST?
I am making huge profits with FSB strategies.
I am running multiple strategies on 1 account
http://www.myfxbook.com/members/togr/cruise/369424
However it is DEMO only. On the other hand I believe it would perform as well on live account. Maybe even better when i select only the best performing strategies.
I do not have enough money to run this safely. If anybody has $10k to invest pls write me PM.
I had a quick look at the chart on myfxbook and notice that in the past month almost all of the trades appear to be losing.
And there seems to be a lot of different ea's
Difficult to understand this system.
How many ea's are you actually running on this account.
It looks like you make a profit for a while and then have serious losses..... Sharpe ratio is very very very low, that number tells you what you can expect in future and it says a disaster can occur at that level. It should be closer to 3 for the robot to show profits in future.
I had a quick look at the chart on myfxbook and notice that in the past month almost all of the trades appear to be losing.
And there seems to be a lot of different ea's
Difficult to understand this system.
How many ea's are you actually running on this account.
It looks like you make a profit for a while and then have serious losses..... Sharpe ratio is very very very low, that number tells you what you can expect in future and it says a disaster can occur at that level. It should be closer to 3 for the robot to show profits in future.
I agree it is difficult to understand the system, it is mix of completely different strategies.
That's why i do analyse all of them separately. But regarding the profitability you are not right as i see increasing profit every day, every week and every month 
well, I did see many losses on the first page and with the numbers showing in the ratios, I see that approach as a wee bit scary.
Then again this is, I assume a demo account, who knows what would happen in a real account... results could be far worse as slippage is often greater.
For me, I want much better Sharpe ratio.
You might have a look at recent news about FXDD to get an idea about slippage on real accounts.
well, I did see many losses on the first page and with the numbers showing in the ratios, I see that approach as a wee bit scary.
Then again this is, I assume a demo account, who knows what would happen in a real account... results could be far worse as slippage is often greater.
For me, I want much better Sharpe ratio.
You might have a look at recent news about FXDD to get an idea about slippage on real accounts.
Thank you for your hints,
I will stick with the system as back test and fwd test are great. I will just remove the worst nonn profitable strategies
I think you have a great idea to combine several robots to trade together and for sure you have a couple that are doing really well, I wonder if you re optimize the losers what your results would be.
If I was using your approach I would be continually re doing the bottom producer.
I think you have a great idea to combine several robots to trade together and for sure you have a couple that are doing really well, I wonder if you re optimize the losers what your results would be.
If I was using your approach I would be continually re doing the bottom producer.
I have already tried to re-optimize the 'bottom' strategies whne fwd testing another system,
suprisinlgy it did nort help usually
It is strange that some of the strategies with great results in FSB performs so bad. On th other hand nobody can say that good backtesting results are equal to good fwd testing nor live trading results.
Robots have a mind of their own, sometimes we have too many criteria, I try to limit indicators to two and keep the data period long so that things can stay constant. I am not sure what others do. We have to forward test a lot to prove a robot before using it. The high frequency traders are redoing their programs all the time.
So no one is making money with FSB? Or if they are, they're keeping the strategies private?
Most people keep their successful strategies to themselves.
You can be sure that some folks are doing very nicely with FSB - FST
Most people keep their successful strategies to themselves.
You can be sure that some folks are doing very nicely with FSB - FST
Until now all good strategies are optimized , and if one strategy works fine with one pair it fails with others !!!!!
Blaiserboy wrote:Most people keep their successful strategies to themselves.
You can be sure that some folks are doing very nicely with FSB - FST
Until now all good strategies are optimized , and if one strategy works fine with one pair it fails with others !!!!!
I am not so sure you are accurate, however each of us has his own experience, I have four simple strategies that I apply to the pairs I trade, I had not noticed that they do not work.
I keep my strategies very simple, do not use many opening logic, and do not look to make a home run from one instance. Many of my strategies are low take profit and recently, since that Sharpe Ratio was added I set it at 6 to start with. I set drawdown at 5 percent.
Strategies made on lower time frames have to be set up so that they are running when the market is moving, they will fail in chop, so I use 'Entry time' on every EA. You may have to have 5 EA for one time frame to avoid the chop.
In summary, the software provides excellent returns on your time if you will look at whatever possibilities you can exploit.
My approach has been to set up one indicator in Opening Logic and chain it to see what else shows up in the generator, and then do another and another and another and make notes, see what works..... what combinations appear and then apply the metrics to see what will have the best combination of metrics.
I use very few of the custom indicators at a time, trying to keep it simple.
Hopefully what I have shared will be helpful to someone.
all the more reason to see if there is something screwy in FSB when it comes to using the semi-Ross Hook as a Opening Point of the Position linked or chained to another indicator and whatever screwy it is that can result in such incredibly high Sharpe ratios. here's another strat generated with RossHook linked to TrailingStopLimit.
Strategy name: Generated
Forex Strategy Builder v2.98.3.0 RC
Exported on: 6/15/2013 6:14:08 PM
Description:
(This description might be outdated!)
Automatically generated on 6/14/2013 7:08 AM.
Out of sample testing, percent of OOS bars: 30%
Balance: 51885.40 USD (8/29/2012 4:00 AM Bar: 2591)
-----------
Modified by the strategy generator on 6/14/2013 7:45 AM.
Out of sample testing, percent of OOS bars: 30%
Balance: 52680.10 USD (8/29/2012 10:00 PM Bar: 10316)
-----------
Modified by the strategy generator on 6/14/2013 8:35 AM.
Out of sample testing, percent of OOS bars: 30%
Balance: 55632.10 USD (8/29/2012 10:00 PM Bar: 10316)
-----------
Modified by the strategy generator on 6/14/2013 8:42 AM.
Out of sample testing, percent of OOS bars: 30%
Balance: 56038.80 USD (8/29/2012 9:00 PM Bar: 10317)
-----------
Modified by the strategy generator on 6/14/2013 9:07 AM.
Out of sample testing, percent of OOS bars: 30%
Balance: 50626.10 USD (11/21/2012 3:30 AM Bar: 13999)
-----------
Modified by the strategy generator on 6/14/2013 9:16 AM.
Out of sample testing, percent of OOS bars: 30%
Balance: 51787.60 USD (11/21/2012 3:30 AM Bar: 13999)
-----------
Modified by the strategy generator on 6/14/2013 9:21 AM.
Out of sample testing, percent of OOS bars: 30%
Balance: 51787.60 USD (11/21/2012 3:30 AM Bar: 13999)
-----------
Modified by the strategy generator on 6/14/2013 9:35 AM.
Out of sample testing, percent of OOS bars: 30%
Balance: 59218.20 USD (8/29/2012 4:00 AM Bar: 2591)
-----------
Modified by the strategy generator on 6/15/2013 11:47 AM.
-----------
Modified by the strategy generator on 6/15/2013 11:48 AM.
-----------
Modified by the strategy generator on 6/15/2013 12:08 PM.
-----------
Modified by the strategy generator on 6/15/2013 1:18 PM.
-----------
Modified by the strategy generator on 6/15/2013 4:56 PM.
-----------
Modified by the strategy generator on 6/15/2013 5:06 PM.
-----------
Modified by the strategy generator on 6/15/2013 6:00 PM.
Out of sample testing, percent of OOS bars: 30%
Balance: 52604.60 USD (10/6/2009 8:00 AM Bar: 13136)
Market: GBPUSD 4 Hours
Spread in points: 20.00
Swap Long in Points: 2.00
Swap Short in Points: -2.00
Commission per lot at opening and closing in Points: 0.00
Slippage in points: 0
Maximum open lots: 1.00
Entry lots: 0.10
Adding lots: 0.10
Intrabar scanning: Accomplished
Interpolation method: Pessimistic scenario
Ambiguous bars: 0
Tested bars: 18641
Balance: 2657 points (52656.80 USD)
Minimum account: -46 points (49954.40 USD)
Maximum drawdown: 519 points (518.80 USD)
Time in position: 5 %
[Strategy Properties]
A same direction signal - Adds to a winning position
An opposite direction signal - Does nothing
Permanent Stop Loss - 1700
Permanent Take Profit - None
Break Even - None
[Opening Point of the Position]
Ross Hook
Enter long at an Up Ross hook
[Opening Logic Condition]
Donchian Channel
The bar opens above Lower Band after opening below it
Base price - High & Low
Period - 98
Shift - 24
Use previous bar value - Yes
[Closing Point of the Position]
Trailing Stop Limit
Exit at Trailing Stop Loss or at a constant Take Profit level
Trailing mode - Trails once a bar
Initial Stop Loss - 3630
Take Profit - 1296
Sharpe ratio = 0.39, max equity drawdown 1.4%, 36 wins,13 losses
Can you enlighten me as to how and why you feel that the program is wrong, what is the basis of your position, what technical facts are you able to produce so that we can understand your thinking.
I suggest that you join the Wilmott forum and do some serious reading, perhaps buy some books on mechanical trading.
There is nothing wrong with this program, I run 96 robots every trading day using very simple approaches and I make an income that I quite appreciate.
Another user is a professional system designer who has taken this program apart.
There is nothing whatsoever screwy about FSB.
blaiserboy, do you have a link where to see your results?
blaiserboy, do you have a link where to see your results?
I am not too sure what seeing my results would do so I do not have a link. I have a few instances of metatrader running I would have to set up each one, I have no interest whatsoever in doing that.
all the more reason to see if there is something screwy in FSB when it comes to using the semi-Ross Hook as a Opening Point of the Position linked or chained to another indicator and whatever screwy it is that can result in such incredibly high Sharpe ratios. here's another strat generated with RossHook linked to TrailingStopLimit.
Strategy name: Generated
Forex Strategy Builder v2.98.3.0 RC
Exported on: 6/15/2013 6:14:08 PMDescription:
(This description might be outdated!)Automatically generated on 6/14/2013 7:08 AM.
Out of sample testing, percent of OOS bars: 30%
Balance: 51885.40 USD (8/29/2012 4:00 AM Bar: 2591)-----------
Modified by the strategy generator on 6/14/2013 7:45 AM.
Out of sample testing, percent of OOS bars: 30%
Balance: 52680.10 USD (8/29/2012 10:00 PM Bar: 10316)-----------
Modified by the strategy generator on 6/14/2013 8:35 AM.
Out of sample testing, percent of OOS bars: 30%
Balance: 55632.10 USD (8/29/2012 10:00 PM Bar: 10316)-----------
Modified by the strategy generator on 6/14/2013 8:42 AM.
Out of sample testing, percent of OOS bars: 30%
Balance: 56038.80 USD (8/29/2012 9:00 PM Bar: 10317)-----------
Modified by the strategy generator on 6/14/2013 9:07 AM.
Out of sample testing, percent of OOS bars: 30%
Balance: 50626.10 USD (11/21/2012 3:30 AM Bar: 13999)-----------
Modified by the strategy generator on 6/14/2013 9:16 AM.
Out of sample testing, percent of OOS bars: 30%
Balance: 51787.60 USD (11/21/2012 3:30 AM Bar: 13999)-----------
Modified by the strategy generator on 6/14/2013 9:21 AM.
Out of sample testing, percent of OOS bars: 30%
Balance: 51787.60 USD (11/21/2012 3:30 AM Bar: 13999)-----------
Modified by the strategy generator on 6/14/2013 9:35 AM.
Out of sample testing, percent of OOS bars: 30%
Balance: 59218.20 USD (8/29/2012 4:00 AM Bar: 2591)-----------
Modified by the strategy generator on 6/15/2013 11:47 AM.-----------
Modified by the strategy generator on 6/15/2013 11:48 AM.-----------
Modified by the strategy generator on 6/15/2013 12:08 PM.-----------
Modified by the strategy generator on 6/15/2013 1:18 PM.-----------
Modified by the strategy generator on 6/15/2013 4:56 PM.-----------
Modified by the strategy generator on 6/15/2013 5:06 PM.-----------
Modified by the strategy generator on 6/15/2013 6:00 PM.
Out of sample testing, percent of OOS bars: 30%
Balance: 52604.60 USD (10/6/2009 8:00 AM Bar: 13136)Market: GBPUSD 4 Hours
Spread in points: 20.00
Swap Long in Points: 2.00
Swap Short in Points: -2.00
Commission per lot at opening and closing in Points: 0.00
Slippage in points: 0Maximum open lots: 1.00
Entry lots: 0.10
Adding lots: 0.10Intrabar scanning: Accomplished
Interpolation method: Pessimistic scenario
Ambiguous bars: 0
Tested bars: 18641
Balance: 2657 points (52656.80 USD)
Minimum account: -46 points (49954.40 USD)
Maximum drawdown: 519 points (518.80 USD)
Time in position: 5 %[Strategy Properties]
A same direction signal - Adds to a winning position
An opposite direction signal - Does nothing
Permanent Stop Loss - 1700
Permanent Take Profit - None
Break Even - None[Opening Point of the Position]
Ross Hook
Enter long at an Up Ross hook[Opening Logic Condition]
Donchian Channel
The bar opens above Lower Band after opening below it
Base price - High & Low
Period - 98
Shift - 24
Use previous bar value - Yes[Closing Point of the Position]
Trailing Stop Limit
Exit at Trailing Stop Loss or at a constant Take Profit level
Trailing mode - Trails once a bar
Initial Stop Loss - 3630
Take Profit - 1296Sharpe ratio = 0.39, max equity drawdown 1.4%, 36 wins,13 losses
You have very long test period and so feeew trades. So result does imply nothing. You can have dosens of strategies with such good result. However there are so few trades it would be very hard to fwd test it or trade.
He is just playing around.
At some time he will get serious and then start to understand how the program works and then produce decent results.
It took me a few months to absorb enough to make progress and I often have 3 or 4 instances of FSB running around the clock when trying to develop a strategy.
And I am still learning to apply some of the criteria.
He is just playing around.
At some time he will get serious and then start to understand how the program works and then produce decent results.
It took me a few months to absorb enough to make progress and I often have 3 or 4 instances of FSB running around the clock when trying to develop a strategy.
And I am still learning to apply some of the criteria.
yeap you are probably right,
on the other hand we should give him some hints so he can learn faster
Harmony2011
I found Jason Robinson's Supertrend a very useful indicator. Does anybody know how to incorporate into FSB for testing? Any help will be much appreciated.
Regards
Dolf
Harmony2011
I found Jason Robinson's Supertrend a very useful indicator. Does anybody know how to incorporate into FSB for testing? Any help will be much appreciated.
Regards
Dolf
Perhaps post the indicator so that someone could have a look at it.
Harmony2011
I found Jason Robinson's Supertrend a very useful indicator. Does anybody know how to incorporate into FSB for testing? Any help will be much appreciated.
Regards
Dolf
There's one already available, I don't know though if it's the same version as there are at least 2 variations I've come across.
It's in the repo -> forexsb.com/repository/repository_indic … supertrend
I looked at FSB/FST a couple of years ago, then took a holiday from trading due to other commitments. Coming back to it recently I was impressed with how the software has improved, but I have real reservations about going live with any strategy created in this software.
My reasoning is simple - I find it fairly easy to create strategies in FSB with a good profit factor, system quality & sharpe ratio with a steady equity curve with an acceptable amount of drawdown, even creating them with large out of sample tests.
However, when I create an EA and run a backtest in Metatrader, using exactly the same data, I'm finding that the systems either track sideways or make steady losses. I've been completely unable to replicate an FSB equity curve in a MT4 backtest in numerous strategies I've developed so far, and yes in FSB I'm specifying a large spread & commission plus using the Pessimistic setting.
I don't know why it is, but unfortunately until I can get the MT4 results to match what FSB is showing me this will remain an interesting toy to experiment with, but nothing more.
I've been completely unable to replicate an FSB equity curve in a MT4 backtest in numerous strategies
Probably we can help you if you give examples. We'll be able to test the strategy with FSB and MT, to find the eventual discrepancy and to eliminate it.
Why do you think the MT4 backtester is the most reliable one? Do you know that it first look at the whole bar and depending of the High, Low, and Close prices it decides how to "interpolate" the prices inside?
It is possible to make a strategy that fits to the interpolation method in order to show overestimated results. I call that "method fitting".
If you don't believe me, see here: https://www.mql5.com/en/articles/75.
Well, it wouldn't be helping me so much as helping everyone who uses this software.
Yes I know how MT4 conducts its backtests, it invents the ticks within a bar in most interesting ways sometimes. Its also useless with a "open prices" backtest as it opens & closes trades one bar later than it should & this obviously will skew backtest results badly.
However, what I don't know is how FSB creates the ticks within a bar in its backtests, as it doesn't have this information either & will need to make assumptions. If a backtest in FSB provides a strong positive equity curve and in MT4 there's a negative one, I'm left not knowing which (if either) is telling the truth - and therefore I'm unable to place my faith in the strategy & risk real money on it.
I'll select an example & PM it to you.
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