Create and Test Forex Strategies
You can open the main chart by clicking on the small indicator or balance charts shown on the main screen.
Forex Strategy Builder saves the button status in a config file. Actually two status records exist - one when you open the chart from the left-hand indicator chart and other, when you use the balance / equity chart.
Normally the “left” chart is used for showing the indicators, whereas the “right” shows balance / equity and floating profit loss charts.
Bar Explorer
Double clicking on a bar brings up the Bar Explorer window.
The chart shows entry / exit orders always exactly at the indicator values. The program further corrects the position entry price with the spread. If a position is transferred to another daily bar overnight, the program corrects the position price with the respective swap number. Exit order is plotted at the indicator value.
Green and red bars on the horizontal axis correspond to the number of open lots. The golden bar shows that a position was closed. Some times red bars change with green or vice versa. That means that the position was reversed. The lot bars show the status at the end of a bar. Therefore, if a position was opened and closed in the same bar, only one gold lot bar will be shown.
True Charts are a new concept for plotting technical indicators. It aims to give better and more accurate presention of indicator values on the chart.