fskliris 1 by fskliris

5620 downloads / 4056 views / Created: 19.07.2013 / Updated: 19.07.2013
 Average Rating: 3

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.

Comments

It seems to good to be true , can anyone check this out too please, or even make it better. Thanks .
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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
Opening Logic Condition
Donchian Channel
The bar opens below Upper Band
Base price - High & Low
Period - 10
Shift - 0
Use previous bar value - True
Opening Logic Condition
Moving Averages Crossover
Fast MA is higher than Slow MA
Base price - Weighted
Fast MA method - Simple
Slow MA method - Simple
Fast MA period - 3
Slow MA period - 7
Fast MA shift - 0
Slow MA shift - 0
Use previous bar value - True
Closing Point of the Position
Bar Closing
Exit the market at the end of the bar
Base price - Close
Closing Logic Condition
Envelopes
The bar closes below Lower Band
Smoothing method - Weighted
Base price - Close
MA period - 3
Deviation % - 1.00
Use previous bar value - False
Closing Logic Condition
Donchian Channel
The bar closes above Lower Band
Base price - High & Low
Period - 2
Shift - 0
Use previous bar value - False
Account Stats
Intrabar scanningNot accomplished
Interpolation methodPessimistic
Ambiguous bars0
Profit per day31 points
Sharpe ratio0.21
Max consecutive losses6
Tested bars5693
Account balance249476 points
Minimum account0 points
Maximum account249476 points
Maximum drawdown17549 points
Max equity drawdown9.70 %
Gross profit423524 points
Gross loss-174048 points
Sent orders3137
Executed orders972
Traded lots2208.00
Winning trades284
Losing trades202
Win/loss ratio0.58
Time in position9 %
Charged spread3312 points
Charged rollover0 points
Charged commission0 points
Charged slippage0.00 points
Total charges3312 points
Balance without charges252788 points
Market Stats
SymbolEURUSD
Period1 Day
Number of bars5706
Date of updating10/06/11
Time of updating00:00
Date of beginning26/06/89
Time of beginning00:00
Minimum price0.8225
Maximum price1.6038
Average Gap57 points
Maximum Gap4780 points
Average High-Low1211 points
Maximum High-Low6119 points
Average Close-Open603 points
Maximum Close-Open4556 points
Maximum days off4
Maximum data bars20000
No data older thanNo limits
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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