Fractal Strategy EURUSD D1 by Popov

17998 downloads / 12767 views / Created: 04.03.2013 / Updated: 20.05.2013
 Average Rating: 5

Strategy Description

This is the simplest possible strategy that works more than 5 years.

Rules are very simple:
- Buy at Up Fractal. Close at midnight.
- Sell at Down Fractal. Close at midnight.

The strategy works on EURUSD D1 chart.
Pros: There is no parameters - no over-optimization.
Cons: There is no Stop Loss.

Comments

special
"Close at Midnight"
Midnight at which time zone?
GMT +/- xx?
Popov
Midnight is determined by the market data because all times used in FSB comes from the broker.

You have to check if the strategy works in your time zone.
Popov
You can find the Candle Color indicator in the "Indicator" repository page.
pradeepgolfer
there is stop built into the strategy since the position is closed by day end:so risk is less than average day's range
pradeepgolfer
this strategy,like it's developer, looks good: gives profits on most major pairs except audusd

wesvachao
How do I make this strategy and others listed in this forum work in MT4?

They are in xml format when I downloaded them and when I compile the codes in MT4, there were lots of errors.
wrk2hrd
Yes, how do we convert these into a file accepted by MT4. They are all downloading at xml files currently.
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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 - Nothing
Opposite direction signal - Nothing
Permanent Stop Loss - None
Permanent Take Profit - None
Break Even - None
Opening Point of the Position
Fractal
Enter long at an Up Fractal
Visibility - The fractal is visible
Vertical shift - 0
Closing Point of the Position
Bar Closing
Exit the market at the end of the bar
Base price - Close
Account Stats
Net balance27535.00 USD
Intrabar scanningNot accomplished
Ambiguous bars1
Profit per day10.92 USD
Max consecutive loses4
Tested bars1370
Minimum balance10000.00 USD
Maximum balance29436.00 USD
Maximum drawdown4203.00 USD
Max equity drawdown17.54 %
Gross profit58693.00 USD
Gross loss-41158.00 USD
Average profit558.98 USD
Average loss-579.69 USD
Sent orders2133
Executed orders352
Traded lots352.00
Winning trades105
Losing trades71
Win/loss ratio0.60
Time in position13 %
Charged spread3520.00 USD
Charged rollover0.00 USD
Charged commission0.00 USD
Charged slippage0.00 USD
Total charges3520.00 USD
Balance without charges31055.00 USD
Market Stats
SymbolEURUSD
PeriodD1
Number of bars1378
Time of updating2013-02-25 00:00
Time of beginning2008-09-24 00:00
Minimum price1.18754
Maximum price1.51431
Average Gap44 points
Maximum Gap1754 points
Average High-Low1315 points
MaxHighLow High-Low5479 points
Average Close-Open663 points
Maximum Close-Open4550 points
Maximum days off3
Input Stats
Profile nameDefault profile
Data source nameFXCM data
Strategy nameFractal Strategy EURUSD...
ChartEURUSD D1
Count of bars1378
Time of updating2013-02-25 00:00
Time of beginning2008-09-24 00:00
Spread20.00 points
Swap long2.00 points
Swap short-2.00 points
Commission0.00 points
Slippage0.00 points
Interpolation methodPessimistic
Initial Account10000 USD
Leverage100
Account exchange rateNot used
Auto scanSwitched off
Use tick dataSwitched off
Trade until Margin CallSwitched off
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.
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