• Registered: 2012-10-11
  • Posts: 65

Topic: Simple strategy making profit

Hello,
Can you let me know what do you think about this strategy? Are you expecting to be as profitable as provided in tests? What else would you upgrade?


Strategy name: krzys strategy
Forex Strategy Builder v2.72.0.0
Exported on: 2012-10-23 22:28:35

Description:
Automatically generated on 2012-10-23 21:12.

Market: AUDCAD 1 Day
Spread in pips: 20,00
Swap Long in pips: 14,09
Swap Short in pips: -53,76
Commission per lot at opening and closing in pips: 0,01
Slippage in pips: 16

Use account % for margin round to whole lots
Maximum open lots: 100,00
Entry lots: 2,00% of the account for margin
Reducing lots: 2,00% of the account for margin

Intrabar scanning: Not accomplished
Interpolation method: Pessimistic scenario
Ambiguous bars: 562
Tested bars: 569
Balance: 68804 pips (15324,12 CAD)
Minimum account: -1546 pips (9880,37 CAD)
Maximum drawdown: 36274 pips (2806,92 CAD)
Time in position: 100 %

[Strategy Properties]
     A same direction signal - Does nothing
     An opposite direction signal - Reduces the position
     Permanent Stop Loss - None
     Permanent Take Profit - None
     Break Even - None

[Opening Point of the Position]
     Price Move
     Enter long after an upward move
     Base price  -  Open
     Price move  -  5
     Use previous bar value  -  No

[Closing Point of the Position]
     Week Closing
     Exit the market at the end of the week
     Base price  -  Close

[Closing Logic Condition]
     ADX
     The ADX rises
     Smoothing method  -  Exponential
     Base price  -  Bar range
     Period  -  8
     Level  -  0
     Use previous bar value  -  No

  • From: Australia
  • Registered: 2011-07-01
  • Posts: 431

Re: Simple strategy making profit

You have only tested 569 bars of which 562 are ambiguous. You really need more data to ascertain if it is a viable strategy.

Cheers

  • Registered: 2012-10-11
  • Posts: 65

Re: Simple strategy making profit

Here is the test of this strategy for last 6 years for Nasdaq 100. It seems to have 50% profit per year! SpiderMan - do you think it will work? Or I missed something else? Is it big issue that many of my bars are ambiguous (I am using pessimistic strategy)?

Strategy name: krzys strategy
Forex Strategy Builder v2.72.0.0
Exported on: 2012-10-24 08:54:20

Description:
Automatically generated on 2012-10-23 21:12.

Market: $ndx 1 Day
Spread in pips: 0,50
Swap Long in percents: -3,97
Swap Short in percents: -3,03
Commission per deal at opening and closing in percents: 0,01
Slippage in pips: 1

Use account % for margin round to whole lots
Maximum open lots: 100,00
Entry lots: 2,00% of the account for margin
Reducing lots: 2,00% of the account for margin

Intrabar scanning: Not accomplished
Interpolation method: Pessimistic scenario
Ambiguous bars: 1476
Tested bars: 1559
Balance: 19950519 pips (134252,36 USD)
Minimum account: -26153 pips (9787,61 USD)
Maximum drawdown: 1780696 pips (14168,58 USD)
Time in position: 100 %

[Strategy Properties]
     A same direction signal - Does nothing
     An opposite direction signal - Reduces the position
     Permanent Stop Loss - None
     Permanent Take Profit - None
     Break Even - None

[Opening Point of the Position]
     Price Move
     Enter long after an upward move
     Base price  -  Open
     Price move  -  5
     Use previous bar value  -  No

[Closing Point of the Position]
     Week Closing
     Exit the market at the end of the week
     Base price  -  Close

[Closing Logic Condition]
     ADX
     The ADX rises
     Smoothing method  -  Exponential
     Base price  -  Bar range
     Period  -  8
     Level  -  0
     Use previous bar value  -  No