1 (edited by snorri 2013-08-27 18:23:07)

Topic: Simple M1 EU strategy with TP and SL


Thats my first strategy posted here, it looks nice and promising, tested with 50'000 bars. Just strated  live tests on demo acc.

Strategy name: Kaja
Forex Strategy Builder v3.0.0.0

Market: EURUSD 1 Minute
Spread in points: 3,00
Swap Long in Points: 2,00
Swap Short in Points: -2,00
Commission per lot at opening in Points: 2,00
Slippage in points: 0

Use account % for margin round to whole lots
Maximum open lots: 20,00
Entry lots: 3,00% of the account for margin

Intrabar scanning: Not accomplished
Interpolation method: Pessimistic scenario
Ambiguous bars: 0
Tested bars: 49988
Balance: 13142 points (18142,25 USD)
Minimum account: -471 points (4528,57 USD)
Maximum drawdown: 2860 points (2860,32 USD)
Time in position: 96 %

[Strategy Properties]
     A same direction signal - Does nothing
     An opposite direction signal - Does nothing
     Permanent Stop Loss - 200
     Permanent Take Profit - None
     Break Even - None

[Opening Point of the Position]
     Price Move
     Enter long after a downward move
     Base price  -  Typical
     Price move  -  20
     Use previous bar value  -  Yes

[Opening Logic Condition]
     Price Oscillator
     Price Oscillator changes its direction upward
     Smoothing method  -  Simple
     Base price  -  Close
     Period  -  10
     Additional smoothing  -  0
     Level  -  0,0000
     Use previous bar value  -  Yes

[Closing Point of the Position]
     Take Profit
     Exit at the Take Profit level
     Take Profit  -  410

edit: added chart