Test Trade by NASER
8761 downloads / 3085 views / Created: 15.12.2021 / Updated: 15.12.2021 Average Rating: 0
Strategy Description
This strategy is for demonstrational purposes only and real-time trading is not advised.
This strategy demonstrates various trade operations - opening, adding, reducing, stop loss and take profit. It opens 0.1 lot long at the beginning of a bar when Momentum indicator (previous value) rises. If a long position was already open, the strategy adds 0.1 lots more to it. Since MetaTrader 4 is not able to add to a position the expert advisor opens a new long position. When a signal appears during a short position, Forex Strategy Builder closes 0.1 lots from it.
The logic for the short positions is opposite – the program enters short when Momentum indicator goes down. The program also adds 0.1 lots in case of another same direction signal and reduces the position in case of an opposite direction signal.
The maximal position is 1 lot.
Every time when a position is changed the program sets Stop Loss and Take Profit at +/- 200 points from the entry price. (Make the Stop Loss and the Take Profit +/- 20 points if your broker quotes 4 digits.)
This strategy demonstrates various trade operations - opening, adding, reducing, stop loss and take profit. It opens 0.1 lot long at the beginning of a bar when Momentum indicator (previous value) rises. If a long position was already open, the strategy adds 0.1 lots more to it. Since MetaTrader 4 is not able to add to a position the expert advisor opens a new long position. When a signal appears during a short position, Forex Strategy Builder closes 0.1 lots from it.
The logic for the short positions is opposite – the program enters short when Momentum indicator goes down. The program also adds 0.1 lots in case of another same direction signal and reduces the position in case of an opposite direction signal.
The maximal position is 1 lot.
Every time when a position is changed the program sets Stop Loss and Take Profit at +/- 200 points from the entry price. (Make the Stop Loss and the Take Profit +/- 20 points if your broker quotes 4 digits.)
Comments
The slots show the logic for the long positions only. Forex Strategy Builder automatically computes the proper logic for the short positions.
Strategy Properties
| Same direction signal | - Add |
| Opposite direction signal | - Reduce |
| Permanent Stop Loss | - None |
| Permanent Take Profit | - None |
| Break Even | - None |
Opening Point of the Position
Bar Opening
Enter the market at the beginning of the bar
| Base price | - Open |
Opening Logic Condition
Momentum
Momentum rises
| Smoothing method | - Simple |
| Base price | - Close |
| Period | - 14 |
| Additional smoothing | - 0 |
| Level | - 0.0000 |
| Use previous bar value | - True |
Closing Point of the Position
Stop Limit
Exit at Stop Loss or at Take Profit
| Stop Loss | - 200 |
| Take Profit | - 200 |
| Account Stats | |
| Acceptance criteria | Not fulfilled |
| Net balance | 102.70 USD |
| Intrabar scanning | Not accomplished |
| Ambiguous bars | 395 |
| Profit per day | -3.47 USD |
| Max consecutive losses | 31 |
| System quality number | -19.53 |
| Sharpe ratio | -0.32 |
| Average HPR | -0.58 % |
| Profit factor | 0.25 |
| Tested bars | 2448 |
| Minimum balance | 102.70 USD |
| Maximum balance | 10000.00 USD |
| Max balance drawdown | 9897.30 USD |
| Max equity drawdown | 98.97 % |
| Max stagnation | 2854 days |
| Average profit | 36.03 USD |
| Average loss | -44.95 USD |
| Executed orders | 1573 |
| Win/loss ratio | 0.24 |
| Time in position | 34 % |
| Market Stats | |
| Symbol | EURUSD |
| Period | D1 |
| Count of bars | 2465 |
| Time of updating | 2014-11-15 00:00 |
| Time of beginning | 2007-01-01 00:00 |
| Minimum price | 1.18746 |
| Maximum price | 1.60389 |
| Average Gap | 30 points |
| Maximum Gap | 1691 points |
| Average High-Low | 1116 points |
| Maximum High-Low | 5485 points |
| Average Close-Open | 561 points |
| Maximum Close-Open | 4554 points |
| Maximum days off | 2 |
| Input Stats | |
| Profile name | Default profile |
| Data source name | FSB Demo data |
| Strategy name | Test Trade |
| Chart | EURUSD D1 |
| Data bars | 2465 |
| Time of updating | 2014-11-15 00:00 |
| Time of beginning | 2007-01-01 00:00 |
| Spread | 20.00 points |
| Swap long | -2.00 points |
| Swap short | -2.00 points |
| Commission | 0.00 points |
| Slippage | 0.00 points |
| Interpolation method | Pessimistic |
| Initial Account | 10000 USD |
| Leverage | 100 |
| Account exchange rate | Not used |
| Auto scan | Switched off |
| Trade until Margin Call | Switched on |
Risk warning: Forex, spread bets and CFD are leveraged products. They may not be suitable for you as they carry a high degree of risk to your capital and you can lose more than your initial investment. You should ensure you understand all of the risks.
Copyright © 2006 - 2024, Forex Software Ltd.;
Copyright © 2006 - 2024, Forex Software Ltd.;