1 (edited by marventus 2009-07-22 02:01:59)

Topic: GBPUSD 1D - 2ble MA Cross & Detrended Oscillator

Posting this in two times. LMK what you think.
Thanks


Forex Strategy Builder v2.9.1.0
Strategy name: GBPUSD-1D-2bl MA Cross-DPO
Exported on: 20/07/2009 21:46:55

Description
An overall profitable strategy for GBPUSD 1D that tries to take advantage of relatively smooth bearish and bullish cycles.

Because of this, it relies on a very long stay in the markets (i.e., time in positions), which is the cause of an excessive level of market exposure and extremely wide maximum drawdown ranging from 0 to 40%.

I believe the strategy's unstability and market exposure can be fixed upon coding in MQL4 language with more complex entry and exit rules that are not possible to implement in FSB, such as pip difference in MA crossovers, safer position and lot sizing strategy, etc.

This strategy works fine in a variety of timeframes, but causes margin calls in certain periods, which is probably related to the issues pointed out before.

It is overall indifferent to broker data (tested with 2 major brokers and FSB data).

2 (edited by marventus 2009-07-22 02:03:24)

Re: GBPUSD 1D - 2ble MA Cross & Detrended Oscillator

Market: GBPUSD 1 Day
Spread in pips: 2
Swap Long in pips: 0
Swap Short in pips: 0
Commission per lot at opening and closing in pips: 0
Slippage in pips: 0

Use account % for margin round to whole lots
Maximum open lots: 20
Entry lots: 10% of the account for margin
Adding lots: 10% of the account for margin
Reducing lots: 10% of the account for margin

Intrabar scanning: Not accomplished
Interpolation method: Pessimistic scenario
Ambiguous bars: 0
Tested bars: 4987
Balance: 173837 pips (183837,00 USD)
Minimum account: -2428 pips (7572,00 USD)
Maximum drawdown: 13800 pips (13800,00 USD)
Time in position: 23 %

A same direction signal - Adds to a winnig position
An opposite direction signal - Reverses the position
Permanent Stop Loss - None

[Opening Point of the Position]
Previous Bar Opening
     Enter the market at the previous Bar Opening
     Base price  -  Previous Bar Opening

[Opening Logic Condition]
Moving Averages Crossover
     The Fast MA crosses the Slow MA upward
     Base price  -  Median
     Fast MA method  -  Smoothed
     Slow MA method  -  Weighted
     Fast MA period  -  3
     Slow MA period  -  16
     Fast MA shift  -  9
     Slow MA shift  -  5
     Use previous bar value  -  Yes

[Opening Logic Condition]
Moving Averages Crossover
     The Fast MA is lower than the Slow MA
     Base price  -  Median
     Fast MA method  -  Smoothed
     Slow MA method  -  Weighted
     Fast MA period  -  11
     Slow MA period  -  82
     Fast MA shift  -  97
     Slow MA shift  -  80
     Use previous bar value  -  Yes

[Closing Point of the Position]
Bar Closing
     Exit the market at the end of the bar
     Base price  -  Close

[Closing Logic Condition]
Detrended Oscillator
     The Detrended Oscillator rises
     Smoothing method MA1  -  Simple
     Smoothing method MA2  -  Weighted
     Base price  -  Weighted
     Period MA1  -  56
     Period MA2  -  32
     Use previous bar value  -  No