it works kind of
So I figured out how to work Forex Strategy Builder
It is still quite limited.
For example you can't set SL or TP. Or trailing stop loss.
Also the system allows you to move only in 1 direction, so for example go long if price breaks 34 day EMA and close when it reverses, but what about shorting when it breaks beneath 34 day ema?
This it can't do.
But the biggest problem is the Stop losses. Look at the statistics and note that they always have "minimum account" -XXX pips.
This indicates that the software has no stop losses and at some point your system went to 0.
Well since I risk 1% each trade my account experiences exponential decay, (meaning losses decrease with draw down) and any profits fuel exponential growth.
I am not sure this software is all that useful , especially if you trade chance based systems. (See "Lets do an expirement part 2" thread for a running demo trading analysis of several such systems).
Last edited by adamgalas; 07-30-2007 at 01:37 PM.
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