Topic: 66246 pips ??generated by fsb
I have generated a second strategy with fsb (btw i luv this software) and I was wondering ive this is any good, I am a newbie trader so I still have to learn alot .
Forex Strategy Builder v2.6.1.3
Strategy name: 66246 pips ??
Exported on: 10-7-2008 13:01:20
[Market: EURUSD 1 Day
Spread: 6 pips
Swap Long: 1 pip
Swap Short: -1 pip
Slippage: 0 pips
Maximum open lots: 20
Entry lots: 1
Adding lots: 1
Reducing lots: 1
Intrabar scanning: Not accomplished
Interpolation method: Pessimistic scenario
Ambiguous bars: 0
Tested bars: 1908
Balance: 41650 pips
Minimum account: -8198 pips
Maximum drawdown: 8198 pips
Time in position: 69 %
A same direction signal - Adds to the position
An opposite direction signal - Reverses the position
Permanent Stop Loss - -100
[Opening point of the position]
Bar Opening
Enter the market at the beginning of the bar
Base price - Open
[Opening logic condition]
Keltner Channel
The position opens below the Up Band
Smoothing method - Smoothed
Base price - Typical
MA period - 142
ATR period - 35
ATR multiplier - 5
Use previous bar value - Yes
[Opening logic condition]
Oscillator of MACD
The Oscillator is lower than the zero line
Smoothing method - Smoothed
Base price - Typical
MACD1 slow line - 165
MACD2 slow line - 114
MACD1 fast line - 12
MACD2 fast line - 49
Use previous bar value - Yes
[Opening logic condition]
Oscillator of RSI
The Oscillator is higher than the zero line
Smoothing method - Simple
Base price - Close
First RSI period - 100
Second RSI period - 167
Use previous bar value - Yes
[Closing point of the position]
Close and Reverse
Close all positions and open a new one in the opposite direction