• Registered: 2008-07-11
  • Posts: 1

Topic: Please Help Me Build This Strategy!

Hi, I am new to FSB. Just need a strategy to do the following:
Open a Buy with Take Profit 20, Stop Loss 10.
If the above Buy closes in Loss, Open a Sell with Take Profit 20, Stop Loss 10.
OR
If the above Buy closes in Profit, Open a Buy with Take Profit 20, Stop Loss 10.

In short, as soon as a position closes, another new one should open, following the price movement direction.

Please assist!!!
xnasir.

  • From: Wendell, North Carolina
  • Registered: 2008-06-24
  • Posts: 8

Re: Please Help Me Build This Strategy!

This is something like what you describe, however, I do not believe FSB can do what you are asking for?

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: 19988
Balance: 432 pips
Minimum account: -4 pips
Maximum drawdown: 26 pips
Time in position: 9 %

A same direction signal - Does nothing
An opposite direction signal - Does nothing
Permanent Stop Loss - -20

[Opening point of the position]
Day Opening
     Enter the market at the beginning of the day
     Base price  -  Open

[Opening logic condition]
Accumulation Distribution
     The AD falls
     Use previous bar value  -  Yes

[Opening logic condition]
Force Index
     The Force Index falls
     Smoothing method  -  Exponential
     Base price  -  Open
     Period  -  10
     Use previous bar value  -  No

[Closing point of the position]
Take Profit
     Exit at the Take Profit level
     Take Profit  -  20

  • From: Wendell, North Carolina
  • Registered: 2008-06-24
  • Posts: 8

Re: Please Help Me Build This Strategy!

Or something like this?

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: 19988
Balance: 432 pips
Minimum account: -4 pips
Maximum drawdown: 26 pips
Time in position: 9 %

A same direction signal - Does nothing
An opposite direction signal - Does nothing
Permanent Stop Loss - None

[Opening point of the position]
Day Opening
     Enter the market at the beginning of the day
     Base price  -  Open

[Opening logic condition]
Accumulation Distribution
     The AD falls
     Use previous bar value  -  Yes

[Opening logic condition]
Force Index
     The Force Index falls
     Smoothing method  -  Exponential
     Base price  -  Open
     Period  -  10
     Use previous bar value  -  No

[Closing point of the position]
Stop Limit
     Exit at the Stop Loss or the Take Profit level
     Stop Loss  -  -20
     Take Profit  -  20