Topic: Portfolio Maker - create portfolio EA from FSBPro-generated strategies
Here's a link to the web site for Portfolio Maker:
Here's a link to the documentation:
http://mt4tracker.com/documentation/por … mentation/
Portfolio Maker is a new tool that allows you to bundle the individual strategies created by Forex Strategy Builder Professional into a single EA. This makes it much easier to manage and trade a portfolio of FSBPro-generated strategies.
* The resultant portfolio EA requires only *ONE* MT4 chart -- though it may include up to 1000 strategies
* The portfolio EA can be back-tested using MT4's Strategy Tester
* The back-testing results can be further analyzed, strategy-by-strategy, by MT4 Tracker (the new version)
The current Beta version of Portfolio Maker is free to download and use. At the end of November 2017 the Beta program will end and the cost of the software will be $49 USD. For those who provided valuable feedback during the Beta release you can contact me via Private Message (PM) in the Forex Strategy Builder Forum and I will send a complimentary license key.
The link above uses a 'Buy Now' button. When you press the 'Buy Now' button it will simply prompt for an email address. A message will be sent to your email address that includes a download link plus a license key.
I've been using Portfolio Maker the past couple of months and it has helped me immensely. It won't create profitable strategies for you -- that's what Popov's software is designed to do. However, Portfolio Maker makes it so much easier to test or trade dozens of strategies.
I've tested the performance of strategies running standalone and within a portfolio EA -- their performance is identical. The only problem here that I foresee is if the portfolio EA contains too many strategies -- this might cause MT4 and your machine to run sluggishly -- which might cause other problems.
In addition to being able to bundle many strategies into a single EA, the other benefit is you can test the portfolio EA using MT4's Strategy Tester. Though I have greater trust in Popov's software, it is useful to have this additional information as you decide whether or not to use the portfolio EA in a live account. In my experience, the overall results from Strategy Tester roughly correspond to what FSB Pro predicts.
And, lastly, when Strategy Tester completes its back testing then the portfolio EA creates a log file that can be used by MT4 Tracker to further analyze the results strategy-by-strategy. It really doesn't get much better than this...
There is one limitation -- and this may or may not pose a problem for some of you. The filenames of the individual strategies become their magic number when bundled into a portfolio EA. That is, when you create a strategy with FSB Pro the name of the *.xml file must be a valid magic number (i.e. only numerals and no letters, punctuation or spaces). If you browse the documentation (http://mt4tracker.com/documentation/portfolio-maker-documentation/) you'll find an example of the format I've been using. You can use something else -- whatever works for you -- but the filename must be a valid magic number.
That's all I can think of for now. Again -- with anything related to Forex we all know there are no guarantees -- and this also applies to Portfolio Maker. So, please do your own testing and develop some confidence in the tool before using it with a live account.