Create and Test Forex Strategies
This is the main part of the program - the place where you set a strategy. A tool bar is situated at the top of the panel. It contains buttons for opening some tools related to the strategy: Overview, Generator, Optimizer, Strategy Description, and Slot Size buttons.
Under the toolbar there are some rectangular slots containing the logic of the strategy. These slots have certain functions and are organized in a fixed way:
The Overview button opens the Strategy Overview information screen, where you can read the author's description of the strategy, a description of the strategy logic generated by the program, and statistical information for the backtest and used historical data.
The Generator button opens the Strategy Generator tool. It can be used to automatically generate a new strategy or to add additional indicators to the current one. It's a pretty useful tool. You have to give it a try.
The Optimizer button opens the Strategy Optimizer tool. It optimizes the numeric parameters of the technical indicators in order to reach greater profit. Be careful, the strategy may become overomtimezed, which means that it will work for exactly that set of historical data.
This button opens the Strategy Description window. You can add a comment about your strategy there or read comments concerning the demo strategies. If the letter i on the Strategy Description button is blue, it means that there is a comment about the strategy. If it is gray, no comment has been made so far. A yellow point warns that the strategy descriptions might be outdated.
Using these two buttons, you can set the amount of information shown in the indicator slots. The buttons change their contents depending on the current slot size.
The Strategy Properties slot shows the averaging behaviour of an open position and the constant Stop Loss settings. Click on the slot to change the settings. These parameters apply to the current strategy and are saved together with it.
For further information read the article Strategy Properties.
The indicator slots are main blocks of a strategy - the technical indicators with their logic rules and parameters. The are four types of slots:
See more information in this page Indicator Slots.