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

Re: 66246 pips ??generated by fsb

I like the smaller time frames, however, no stop loss on this one ! ! ! RISKY

Market: EURUSD 5 Minutes
Spread: 2 pips
Swap Long: 1.58 pips
Swap Short: -1.58 pips
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: 19967
Balance: 20713 pips
Minimum account: 0 pips
Maximum drawdown: 0 pips
Time in position: 100 %

A same direction signal - Adds to the position
An opposite direction signal - Reverses the position
Permanent Stop Loss - None

[Opening point of the position]
Top Bottom Price
     Enter long at the bottom price
     Base price  -  High & Low
     Base period  -  Previous week
     Price shift  -  30

[Opening logic condition]
Moving Average
     The Moving Average rises
     Smoothing method  -  Simple
     Base price  -  Close
     Period  -  31
     Shift  -  0
     Use previous bar value  -  Yes

[Opening logic condition]
Accumulation Distribution
     The AD rises
     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

My birth was not earned, though with every choice I spend my life and what about the favor of death I found without any particular effort, Thank You ! ! !

Re: 66246 pips ??generated by fsb

hi Mtims,
Have you employed your strategy in any way like an EA for MT4?
jerry

Re: 66246 pips ??generated by fsb

How I can download this system?

Re: 66246 pips ??generated by fsb

I tested these strategies. Both are false.
The balance of the first goes down to a Margin Call and after that makes the profit from only two profitable trades.

http://www.postimage.org/PqOHPAr.png


The second strategy even finishes at a loss on my data.