The basic principle, that all successful traders use, when they open the position, is to define goal price (take profit price ? TP) and stop loss price ? SL.
That can be done with fixed limit ? TP price and fixed stop ? SL price, what is already programmed  in FSB program. But better posibility is, when we don?t define fixed TP price but define TP price as indicator , for example: limit = upper Bollinger band. SL price could be fixed or  indicator, for example MA.
   Even better posibility would be, if we could define conditional limit ? TP price. For example: SL = -30, Conditional TP = 40. If TP is reached, we don?t exit the trade, but set new  position from reached TP: limit = 50, SL = trailing stop -20.
  I beleive that is difficult to programme , but it would be very useful for profesional strategy building.

Any new developments with this? These strategies are interesting and the 'newer' feautures very interesting too. Have they been implemented since this post?

Quote
"
The basic principle, that all successful traders use, when they open the position, is to define goal price (take profit price ? TP) and stop loss price ? SL.
That can be done with fixed limit ? TP price and fixed stop ? SL price, what is already programmed  in FSB program. But better posibility is, when we don?t define fixed TP price but define TP price as indicator , for example: limit = upper Bollinger band. SL price could be fixed or  indicator, for example MA.
   Even better posibility would be, if we could define conditional limit ? TP price. For example: SL = -30, Conditional TP = 40. If TP is reached, we don?t exit the trade, but set new  position from reached TP: limit = 50, SL = trailing stop -20.
  I beleive that is difficult to programme , but it would be very useful for profesional strategy building.

"

Can this strategy be implemented via an entirely different method. Can we use a neural network using various technical indicator and current and past price to learn how to successful set profitable goal most of the time.

If this can be implemented, live with FSB will be even much easier. We now have an alternative not to search through all the combination of technical indicators and their parameters and having to worry about overfitting.

For EURUSD H1, I manage to sqeeze out 15,358 pips

Forex Strategy Builder V 2.4.0.3-1 Unstable
Strategy name: Daily_30K_AllCurrency
Exported on: 4/18/2007 6:18:45 AM

Market: EURUSD 1 Day
Spread: 4 pips
Swap Number: 1 pip

Balance: 15358 pips
Minimum account: -396 pips
Maximum drawdown: 426 pips
Time in position: 57 %

other curriencies

Forex Strategy Builder V 2.4.0.3-1 Unstable
Strategy name: Daily_30K_AllCurrency
Exported on: 4/18/2007 6:20:24 AM

Market: GBPUSD 1 Day
Spread: 4 pips
Swap Number: 1 pip

Balance: 31243 pips
Minimum account: -330 pips
Maximum drawdown: 856 pips
Time in position: 46 %

Forex Strategy Builder V 2.4.0.3-1 Unstable
Strategy name: Daily_30K_AllCurrency
Exported on: 4/18/2007 6:21:20 AM

Market: USDCHF 1 Day
Spread: 4 pips
Swap Number: 1 pip

Balance: 34670 pips
Minimum account: -17 pips
Maximum drawdown: 589 pips
Time in position: 44 %

Forex Strategy Builder V 2.4.0.3-1 Unstable
Strategy name: Daily_30K_AllCurrency
Exported on: 4/18/2007 6:21:43 AM

Market: USDJPY 1 Day
Spread: 4 pips
Swap Number: 1 pip

Balance: 15182 pips
Minimum account: -128 pips
Maximum drawdown: 857 pips
Time in position: 39 %

This is to show that FSB is a very good strategy builder for a novice like me, you just need to love experimenting.

The Trailing Stop is a constant value during the bar. Its order is canceled at the end of the bar and a new close order with updated value is send at the beginning of the next bar.

The idea behind the "Trailing Limit" (not available in FSB) is to ensure that the position will be closed at a level reached during an unusual rapid movement of the market in our direction. This limit is also constant during the bar and can be corrected for the next bar in case of moving of the trailing stop.

The quoted strategies have been tested by the version 2.4 of FSB. It was not reliable and the shown results are faulty. (We didn't know this at that time )

There are several significant changes:
Introducing of the Interpolating methods. (The earlier FSB acted similar to the current "Shortest price route" method.)
FSB recognizes the ambiguous bars.
Critical bugs are corrected, concerning "Use previous bar value" function.
When FSB loads forex rates it checks it. (The data files included in the earlier versions ware containing bad quality data. Especially for USDJPY and GBPUSD before 1998. The data bars were with equal open price and close price and this bended the result of several indicators.)

We can say that the current version is the most reliable published ever. (But you know that the bugs can be very tricky )
We make our best to ensure a safe and trustworthy back test.   

For the strategy mentioned above the reason of the difference are application of the pessimistic method of interpolation and the removal of the older faulty data.

Here is what I get with new data and only testing from 2006 to now.

Forex Strategy Builder v2.5.3.3
Strategy name: New
Exported on: 04/02/2008 02:05:12

Market: EURUSD 1 Day
Spread: 4 pips
Swap Number: 1 pip

Intrabar scanning: Not accomplished
Interpolation method: Pessimistic scenario
Ambiguous bars: 0
Tested bars: 530
Balance: 514 pips
Minimum account: -33 pips
Maximum drawdown: 197 pips
Time in position: 13 %

A same direction signal - Does nothing
An opposite direction signal - Does nothing

[Opening point of the position]
Fractal
     Enter long at Fractal Up
     Is it visible  -  Yes

[Closing point of the position]
Bar Closing
     Exit the market at the end of the bar
     Base price  -  Close

Please...
How do I use this strategy in the platform MetaTrader4?
What are the indicators? And how to control their characteristics?

Thanks
Good-Luck!!

IT s the first day i come to your forum and i m a french speaker excuse me for my por english. in fact, i m interesting in your fractal strategie but reading about it i can assume that i dont understand anything about it.please what do you call fractal ?how does it work? may you ulistrate it whith a clear picture?.Be very clear in your explaination.                                                                     regards

There is a short description of the fractals in the Wiki help system http://forexsb.com/help/indicators/fractal

It is in the menu.

Very nice and simple strategy. Superior Win/Loss ratio and very consistant performance on the EURUSD.

A few comments.
1. Need to look at how this would work with stop/limit exits instead. This would help manage the investment risk on each trade.

2. I have a data set in a MySql database and I wrote a short php program to test this with very similar results to yours. 9500 pips from 1/1/2000 to 11/30/2009

3. I added an additional tweak. If the event of a positive trade, let it run for another day. Over 10 years this added about 20% to performance. up to 11,500 pips

4. A simple MM strategy was to have 10 micro lots for every $1000 equity. This strategy consistently doubled the equity annually.

I do have a concern about why this works so consistently well for EURUSD and also USDJPY yet performance is very patchy for almost all other pairs. any explanation for that?

Bravo