Topic: SMA as close order and new FX quotes
first of all I congratulate and thank all of those involved in the building and improving the program. I just started exploring the world of market trading and searching hopefully for a free software program to design and test trading systems I was pleasantly surprised to find the forex strategy builder.
but of course, as a developing freeware, there are a few things that I find missing and in need of improvement.
one of these things came as soon as I tried to build a system that I read in the only book about trading I read.
the system is one that the opening rules are defined by the parabolic SAR and closing rules by a moving average. the problem is that there is no logic for the SMA that says when the price CROSSES below the moving average. because if you put the logic at the price IS below the MA it will close every time it is in that position, even when the open filter gives a open order.
what I want the close condition to be is when the price crosses from being above to being below. other wise I'm consistently paying the spread.
Any ideas of how I can do this?
another question is what exactly are the parameters on the SAR? it appears two acceleration factors min. and the increment, is that the addition factor? so where is the AF limit? plus the second AF min doesn't seem to have any effect. it seems to me like a bug, am I right?
and one other question is how do I extract the FX quotes that you download from the website? cause it comes in RAR format, right? so how do I convert it to readable data?
that's it for now.