EURUSD_5min_MA by hbrewster

14412 downloads / 5173 views / Created: 14.07.2013 / Updated: 14.07.2013
 Average Rating: 1

Strategy Description

This is an "empty" strategy.

You can use it as a base to build your strategy from scratch.

Feel free to experiment!

You can set the opening and the closing point of the position, add opening or closing logic conditions, and adjust the strategy properties.

The "Opening Point of the Position" slot shows the price, at which the strategy enters the market and adds/removes from an open position. We enter the market at a price level determined by an indicator value or by time ("Bar Opening" for example). However, before we open position we need confirmation from the "Opening Logic Condition" slots.

The "Opening Logic Conditions" basically tell you whether to enter the market or not when the entry price has been reached. They also determine the position's direction (whether we enter short or long). There is no any "Opening Logic Condition" in this strategy and that leads to undetermined entry direction. Because of that the program doesn’t open positions during the backtest.

The "Closing Point of the Position" sets the exit price. If you set it at "Bar Closing", you can add "Closing Logic Conditions". They will block the exit until at least one of them is fulfilled. If you do not use "Closing Logic Conditions", the position will be closed when the "Closing Point" is reached.

The Strategy Overview explains the strategy logic in an additional window and can be exported to a file.

Look in the forum for help or more information on creating forex strategies.

Remember! The strategy slots describe the long position logic only. Forex Strategy Builder will set the short position logic automatically using the same logic but in the opposite direction.


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Modified by the strategy generator on 6/22/2013 3:36 PM.

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Modified by the strategy generator on 6/22/2013 3:46 PM.

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Modified by the strategy generator on 6/22/2013 4:09 PM.

Comments

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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 - Reverse
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
Moving Average
Moving Average rises
Smoothing method - Weighted
Base price - Close
Period - 46
Shift - 31
Use previous bar value - True
Opening Logic Condition
Percent Change
Percent Change changes its direction downward
Base price - Close
Period - 199
Level - 0
Use previous bar value - True
Opening Logic Condition
Buddah candle indicator
Sinking Buddah
FastBase price - Low
SlowBase price - Close
Fast MA method - Smoothed
Slow MA method - Simple
Fast MA period - 155
Slow MA period - 75
Fast MA shift - 66
Slow MA shift - 43
Use previous bar value - True
Opening Logic Condition
Oscillator of MACD
Oscillator of MACD rises
Smoothing method - Weighted
Base price - Typical
Signal line method - Simple
What to compare - Signal lines
MACD1 slow MA - 1
MACD2 slow MA - 51
MACD1 fast MA - 173
MACD2 fast MA - 20
MACD1 Signal line - 134
MACD2 Signal line - 145
Use previous bar value - True
Opening Logic Condition
Narrow Range
There is a NR7 formation
Use previous bar value - True
Closing Point of the Position
Close and Reverse
Close all positions and open a new one in the opposite direction
Account Stats
Intrabar scanningAccomplished
Interpolation methodPessimistic
Ambiguous bars0
Profit per day207.63 USD
Sharpe ratio0.66
Max consecutive losses2
Tested bars15726
Initial account4000.00 USD
Account balance19779.82 USD
Minimum account4000.00 USD
Maximum account19779.82 USD
Maximum drawdown2644.32 USD
Max equity drawdown21.85 %
Gross profit21226.07 USD
Gross loss-5446.25 USD
Sent orders101
Executed orders47
Traded lots100.20
Winning trades36
Losing trades10
Win/loss ratio0.78
Time in position100 %
Charged spread1021.40 USD
Charged rollover173.90 USD
Charged commission0.00 USD
Charged slippage0.00 USD
Total charges1195.30 USD
Balance without charges20975.12 USD
Account exchange rateNot used
Market Stats
SymbolEURUSD
Period5 Minutes
Number of bars15949
Date of updating07/11/13
Time of updating19:00
Date of beginning04/25/13
Time of beginning09:20
Minimum price1.2754
Maximum price1.34153
Average Gap1 points
Maximum Gap341 points
Average High-Low53 points
Maximum High-Low933 points
Average Close-Open26 points
Maximum Close-Open742 points
Maximum days off2
Maximum data bars20000
No data older than1/1/2011
No data newer thanNo limits
Fill In Data GapsSwitched off
Cut Off Bad DataAccomplished
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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