====== Technical Introduction ====== **Forex Strategy Builder** (**FSB**) is a visual backtester, generator and optimizer of forex strategies. The program is completely free to use and distribute. ===== Goals ===== * To backtest forex strategies, fast and easy, without requiring thorough knowledge of forex technical analysis and programming; * To guarantee maximum reliability of the simulated trade result and the calculated statistics; * To allow deeper analysis and further improvement of the strategies. ===== Application ===== * The strategies prepared with FSB can be automatically traded with the help of [[:fst:start]] at every MT4 broker. ===== Main Features ===== * **Forex Strategy Builder** works offline. It has to be installed on the user‘s computer. * The program uses real [[fsb:rates]] for calculation of the indicators and backtesting. However, the data files are locally stored and a user has to update them manually. * The forex strategies are built by using a combination of different technical indicators with their parameters and logic of application. FSB also takes into account the trade size and the averaging rules. * The graphic user interface allows direct access to all indicators, conditions and parameters. Therefore, a user does not need writing any mathematical formulas or scripts in the process of building and testing a strategy; * Forex Strategy Builder calculates the backtest result in real time and correspondingly shows all the indicator charts, the virtual account balance, the statistics and the trade journals. ===== Unique Features ===== Forex Strategy Builder includes several unique tools: * [[fsb:manual:generator]] - automatically generates or improves a strategy; * [[fsb:manual:optimizer]] - optimizes the numeric parameters of the strategy indicators; * [[fsb:manual:overview]] - summarizes the logic and statistics of the strategy; * [[fsb:manual:comparator]] - calculates the strategy by using different bar interpolation methods and compare the results; * [[fsb:manual:scanner]] - uses all the available shorter data periods in order to provide more reliable bar interpolation and backtest; * [[fsb:manual:explorer]] - shows the price route within each bar. ===== How It Works ===== - The user chooses the financial instrument and FSB loads it from a data file; - The user arranges his strategy using the available indicators and logic rules; - The program instantly calculates the backtest result, draws the charts and shows the statistics and journals. {{ :fsb:fsb-working-cycle.png?nolink |Working Cycle}}