Topic: EurUsd 5 min

Strategy name: eurusd_5_1
Forex Strategy Builder v3.0.2.0
Exported on: 28/11/2013 17:01:04

Description:
Bamm !! You are rich!

You can use it as a base to build your strategy from scratch.

Feel free to experiment!

You can set the opening and the closing point of the position, add opening or closing logic conditions, and adjust the strategy properties.

The "Opening Point of the Position" slot shows the price, at which the strategy enters the market and adds/removes from an open position. We enter the market at a price level determined by an indicator value or by time ("Bar Opening" for example). However, before we open position we need confirmation from the "Opening Logic Condition" slots.

The "Opening Logic Conditions" basically tell you whether to enter the market or not when the entry price has been reached. They also determine the position's direction (whether we enter short or long). There is no any "Opening Logic Condition" in this strategy and that leads to undetermined entry direction.   Because of that the program doesn’t open positions during the backtest.

The "Closing Point of the Position" sets the exit price. If you set it at "Bar Closing", you can add "Closing Logic Conditions". They will block the exit until at least one of them is fulfilled. If you do not use "Closing Logic Conditions", the position will be closed when the "Closing Point" is reached.

The Strategy Overview explains the strategy logic in an additional window and can be exported to a file.

Look in the forum for help or more information on creating forex strategies.

Remember! The strategy slots describe the long position logic only. Forex Strategy Builder will set the short position logic automatically using the same logic but in the opposite direction.


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Modified by the strategy generator on 28/11/2013 15:12.
Out of sample testing, percent of OOS bars: 50%
Balance: 31420.16 USD (25/07/2013 03:15  Bar: 24999)

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Modified by the strategy generator on 28/11/2013 15:27.
Out of sample testing, percent of OOS bars: 50%
Balance: 22887.33 USD (25/07/2013 03:15  Bar: 24999)

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Modified by the strategy generator on 28/11/2013 16:44.
Out of sample testing, percent of OOS bars: 50%
Balance: 14883.04 USD (25/07/2013 03:15  Bar: 24999)

Market: EURUSD 5 Minutes
Spread in points: 2.00
Swap Long in Points: 2.00
Swap Short in Points: -2.00
Commission per lot at opening and closing in Points: 0.00
Slippage in points: 1

Maximum open lots: 2.00
Entry lots: 0.10
Adding lots: 0.10
Martingale money management multiplier: 1.20

Intrabar scanning: Accomplished
Interpolation method: Pessimistic scenario
Ambiguous bars: 9
Tested bars: 49619
Balance: 9904 points (19903.58 USD)
Minimum account: -53 points (9947.40 USD)
Maximum drawdown: 912 points (911.72 USD)
Time in position: 66 %

[Strategy Properties]
     A same direction signal - Adds to the position
     An opposite direction signal - Does nothing
     Permanent Stop Loss - 1000
     Permanent Take Profit - 300
     Break Even - None

[Opening Point of the Position]
     Starc Bands
     Enter long at Lower Band
     Smoothing method  -  Exponential
     Base price  -  Close
     MA period  -  3
     Multiplier  -  2.00
     Use previous bar value  -  Yes

[Opening Logic Condition]
     Envelopes
     [ A ]   The position opens above Lower Band
     Smoothing method  -  Simple
     Base price  -  Close
     MA period  -  14
     Deviation %  -  1.00
     Use previous bar value  -  Yes

[Opening Logic Condition]
     Oscillator of ATR
     [ A ]   Oscillator is lower than the zero line
     Smoothing method  -  Smoothed
     First ATR period  -  59
     Second ATR period  -  154
     Use previous bar value  -  Yes

[Closing Point of the Position]
     Day Closing
     Exit the market at the end of the day
     Base price  -  Close

[Closing Logic Condition]
     Buddah candle indicator
     [ a ]   Sinking Buddah
     FastBase price  -  Open
     SlowBase price  -  Low
     Fast MA method  -  Smoothed
     Slow MA method  -  Smoothed
     Fast MA period  -  40
     Slow MA period  -  36
     Fast MA shift  -  58
     Slow MA shift  -  94
     Use previous bar value  -  Yes

[Closing Logic Condition]
     Momentum
     [ c ]   Momentum rises
     Smoothing method  -  Weighted
     Base price  -  Typical
     Period  -  185
     Additional smoothing  -  193
     Level  -  0.0000
     Use previous bar value  -  Yes

[Closing Logic Condition]
     ROC MA Oscillator
     [ d ]   ROC MA Oscillator falls
     Smoothing method  -  Weighted
     Signal line method  -  Exponential
     Base price  -  Typical
     ROC period  -  195
     Signal line period  -  8
     Use previous bar value  -  Yes

[Closing Logic Condition]
     Relative Vigor Index
     [ e ]   RVI line is lower than zero
     RVI period  -  153
     Use previous bar value  -  Yes

[Closing Logic Condition]
     Vidya Moving Average
     [ e ]   The bar closes below the Vidya Moving Average
     Base price  -  Weighted
     Period  -  116
     Smooth  -  72
     Use previous bar value  -  Yes

[Closing Logic Condition]
     Percent Change
     [ f ]   Percent Change changes its direction downward
     Base price  -  Median
     Period  -  149
     Level  -  0
     Use previous bar value  -  Yes

[Closing Logic Condition]
     Aroon Histogram
     [ g ]   Aroon Histogram changes its direction upward
     Base price  -  Median
     Period  -  192
     Level  -  0
     Use previous bar value  -  Yes

Re: EurUsd 5 min

.

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eurusd_5_1.xml 21.22 kb, 86 downloads since 2013-11-28 

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Re: EurUsd 5 min

Eq Graph

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eur5.png 97 kb, 1 downloads since 2013-11-28 

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Re: EurUsd 5 min

Gtm_ wrote:

Eq Graph


Will test.
Where to find indicators?

Re: EurUsd 5 min

Lunohod wrote:
Gtm_ wrote:

Eq Graph


Will test.
Where to find indicators?

http://forexsb.com/repository/repository_indicators

Re: EurUsd 5 min

day closing mostly given good results, bu i warn u, about day closing.

Re: EurUsd 5 min

Could you please tell me which file I should put this indicator under in my MT4 files? MT4 indicator should be EX4 file but not available here.

Re: EurUsd 5 min

You can just export your expert and it will include all the necessary indicators inside. You don't need additional indicators.
If you are using custom indicators, go to Repository page of the program and download only indicators that have the MetaQuotes logo: Repository Indicators page.

Re: EurUsd 5 min

Gtm_ wrote:

.

hi there, i am new to this forum, is this the EA?? in code of C+??

thanks

Re: EurUsd 5 min

The experts are written in pure MQL. They do not require external dlls or other code except what MT provides.

Re: EurUsd 5 min

I am surly going to test. Can you please tell me where to find indicators?

Re: EurUsd 5 min

jinal wrote:

I am surly going to test. Can you please tell me where to find indicators?

The program comes with 100+ indicators. You can fine more in the repository: Repository Indicators Page