Strategy Overview

Forex Strategy Builder v2.12.0.0
Strategy name: sid_Teodosi
Date: 2010.02.25 15:44:14

Table of Contents

Description
Logic
Environment
Strategy Properties
Indicator Slots
Statistic Information

Description

(This description might be outdated!)

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.

Top

Logic

Opening (Entry Signal)

Open a new long position at the beginning of the bar when all the following logic conditions are satisfied:

• Moving Averages Crossover* (Close, Weighted, Exponential, 12, 28, 0, 0); the Fast MA crosses the Slow MA upward; and
• the RSI* (Smoothed, Close, 21) is higher than the Level 50.

Open a new short position at the beginning of the bar when all the following logic conditions are satisfied:

• Moving Averages Crossover* (Close, Weighted, Exponential, 12, 28, 0, 0); the Fast MA crosses the Slow MA downward; and
• the RSI* (Smoothed, Close, 21) is lower than the Level 50.

Closing (Exit Signal)

Close an existing long position at the end of the bar when the following logic condition is satisfied:

• Moving Averages Crossover (Close, Weighted, Weighted, 5, 12, 0, 0); the Fast MA crosses the Slow MA downward.

Close an existing short position at the end of the bar when the following logic condition is satisfied:

• Moving Averages Crossover (Close, Weighted, Weighted, 5, 12, 0, 0); the Fast MA crosses the Slow MA upward.

Handling of Additional Entry Signals**

Entry signal in the direction of the present position:

• No averaging is allowed. Cancel any additional orders which are in the same direction.

Entry signal in the opposite direction:

• No modification of the present position is allowed. Cancel any additional orders which are in the opposite direction.

Trading Size

Always trade a constant number of lots.

• Opening of a new position - 1 lot.

Permanent Protection

The strategy does not provide a permanent loss limitation.

The strategy does not use a Permanent Take Profit.

--------------
* Use the indicator value from the previous bar for all asterisk-marked indicators!
** The averaging rules apply to the entry signals only. Exit signals close a position. They cannot open, add or reduce one.

Top

Environment

Market

Symbol	- EURUSD
Time frame	- 1 Hour

Account

Initial account	- 1000,00 USD
Lot size	- 10000
Leverage	- 1/100
Required margin	- 100,00 USD* for each open lot

Charges

Spread	- 2 pips	(2,00 USD*)
Swap number for a long position rollover	- 1 pips	(1,00 USD*)
Swap number for a short position rollover	- -1 pips	(1,00 USD*)
Commission per lot at opening and closing	- 0 pips	(0,00 USD*)
Slippage	- 0 pips	(0,00 USD*)

--------------
* This value may vary!

Top

Strategy Properties

Handling of Additional Entry Signals

Next same direction signal behavior - Does nothing
Next opposite direction signal behavior - Does nothing

Trading Size

Maximum number of open lots	- 1
Number of entry lots for a new position	- 1
In case of addition - number of lots to add	- 1
In case of reduction - number of lots to close	- 1

Permanent Protection

Permanent Stop Loss - None

Top

Indicator Slots

The slots show the logic for the long positions only. Forex Strategy Builder automatically computes the proper logic for the short positions.

Top

Statistic Information

Market		Account
Symbol	EURUSD	Intrabar scanning	Not accomplished
Period	1 Hour	Interpolation method	Pessimistic scenario
Number of bars	6981	Ambiguous bars	0
Date of updating	10.02.19	Tested bars	6951
Time of updating	22:00	Account balance	-62 pips
Date of beginning	09.01.02	Minimum account	-736 pips
Time of beginning	06:00	Maximum account	189 pips
Minimum price	1,2456	Maximum drawdown	925 pips
Maximum price	1,5144	Gross profit	4535 pips
Average Gap	0 pips	Gross loss	-4597 pips
Maximum Gap	82 pips	Sent orders	429
Average High-Low	31 pips	Executed orders	429
Maximum High-Low	333 pips	Traded lots	429
Average Close-Open	15 pips	Winning trades	85
Maximum Close-Open	302 pips	Losing trades	129
Maximum days off	4	Win/loss ratio	0,66
Maximum data bars	20000	Time in position	33 %
No data older than	2009.01.01	Charged spread	430 pips
No data newer than	No limits	Charged rollover	135 pips
Fill In Data Gaps	Switched off	Charged commission	0 pips
Cut Off Bad Data	Switched off	Charged slippage	0 pips
		Total charges	565 pips
		Balance without charges	503 pips

Top