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Forex Software → Forex Strategy Builder Professional → How to Increase Your Profit in Forex Strategy Builder Software

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1 (edited by Optimum-Forex 2023-03-10 15:28:13)

Topic: How to Increase Your Profit in Forex Strategy Builder Software

I can give the users of FSB a few advices for optimal profit, that arrived from my experience with Forex Strategy Builder.


The Editor

A. Choose 5M time frame for the currency pairs. Use only Forex Major Pairs, EURUSD, GBP/USD and AUDUSD.
Choose method: Pessimistic.

B. Tweak the settings at each opening logic condition (indicator) in 2 areas:

1. Smoothing method: Here I find smoothed and weighted to be more profitable. Adjust also period and level up and down. Secondly, adjust also MA period and multiplier if the indicator has this option.

2. Advanced Indicator Properties: Adjust signal shift and signal repeat, up and down. No more and 1.
Leave indicator symbol and Longer time frame at Default.


C. Tweak the settings at each closing logic condition (indicator) in 3 areas:

1. Base Price: Here I often choose "close". Adjust the MA periods.

2. Adjust smoothing Method: In the Alligator closing condition, Lips period, 11 works best. This indicator is a good first choice.

3. Advanced Indicator Properties: Adjust signal shift and signal repeat, up and down. No more than 1.

Look at the Profit Factor in Account Statistics, when you adjust the settings. Keep adjusting until you see a higher profit factor over 4.


The Generator


Strategy Settings

A. Additional entry signals: Set amount to add on addition in next same direction signal to 0,5. It must be 0,2 than entry amount for a new position. That would be 0,5 if you set 0,3 lot as entry amount. Maximum position amount, Lots: 25. Next opposite direction signal, leave setting at "nothing". Or you can set lot size for entry of position to 0,5 and choose "nothing" on both additions for direction signals.

B. Set the following: Stop Loss: 80.  Take profit: 136. Break even: 125

C. Enable the martingale multiplier: 2,50

D. In the Generator Settings, I recommend that you choose Profit Factor at "search best". Consequently, the software will prioritize your profit factor. A profit factor above 4 is excellent. After all you want to maximize your profit. You can set a minimum profit factor in the control panel at the section, Acceptance Criteria. Do not change the other settings here.

E. When you have finished with the generator: Remember to lock your preferred indicators, before you continue in the optimizer section. A good first choice indicator is ADX. Then let generator add more. But I do not recommend more than 3 or 4 opening conditions, else your requirement for opening a trade in Metatrader will be too high! No more than 2 closing conditions.


Optimizer Settings

Make sure full optimization and save strategies to a collection is enabled. Click "select all parameters" in Optimization Parameters. Next click Set min/max+-5

Click start in optimizer. Save your strategy when you are content with the profit factor.

I have managed to make a profitable EA, with a profit factor of 6,18. I am very satisfied.
My average profit per day is 1085 USD, using 3 currency pairs - 0,8 Lot in MetaTrader. MT 5 works best with the EAs created in Forex Strategy Builder.


I hope these guidelines will benefit your trading profit.


Happy trading!

Lars Nielsen

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