Create and Test Forex Strategies
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| fsbpro_guide:indicator_advanced_properties [2014/10/28 21:13] – Miroslav Popov | fsbpro_guide:indicator_advanced_properties [2015/03/12 06:09] – [Logical group] Miroslav Popov | ||
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| For example you know that to open a position all the Opening Logical Conditions have to be fulfilled at the same time. But how do we express that not any of the conditions should be fulfilled but all of them at the same time? Here is a Logical Group that is created automatically by FSB Professional. Let's name this group A. Only when all the conditions in A are fulfilled FSB Professional will take action (open a position). | For example you know that to open a position all the Opening Logical Conditions have to be fulfilled at the same time. But how do we express that not any of the conditions should be fulfilled but all of them at the same time? Here is a Logical Group that is created automatically by FSB Professional. Let's name this group A. Only when all the conditions in A are fulfilled FSB Professional will take action (open a position). | ||
| - | A Logical Group can have only one indicator. | + | FSB Professional is using this approach (again automatically) when it needs to decide if to close a position. When it examines the Closing Logic Conditions, it is enough for one condition to be fulfilled for FSB Professional to close the position. Here FSB Professional puts each indicator in it's own logical group. An indicator can have only one Logical Group. |
| You can read more on [[logical_groups|Logical Groups here]] | You can read more on [[logical_groups|Logical Groups here]] | ||
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| **Use previous bar value** expresses an extremely important concept in the backtesting science. I can say that neglecting this matter is the most common error in automatic trading. "Use previous bar value" option is so important that Forex Strategy Builder Professional sets it automatically and, does not allow you to change it. | **Use previous bar value** expresses an extremely important concept in the backtesting science. I can say that neglecting this matter is the most common error in automatic trading. "Use previous bar value" option is so important that Forex Strategy Builder Professional sets it automatically and, does not allow you to change it. | ||
| - | When "Use previous bar value" | + | When “Use previous bar value” option is checked, the indicator will ignore its current values |
| "Use previous bar value" option depends on the indicator base price and the opening point of the strategy. | "Use previous bar value" option depends on the indicator base price and the opening point of the strategy. | ||