OPTIMISED FOR GBPUSD 1hr with max spread 2pips

Logic

Please do your own optimization

Strategy name:

**GBPUSD 1Hr SPRD2.0 fractal with trailing 10k to 70k PF2.9 DD51**Date: 12/15/2018 1:25:33 AM

Table of Contents

Description

Logic

Strategy Properties

Indicator Slots

Statistic Information

Additional Statistics

Description

Exported on 11/28/2018 from Forex Strategy Builder Professional, v3.8.8

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Logic

Opening (Entry Signal)

Open a new long position or add to a winning position or reverse a short position at the beginning of the bar when all the following logic conditions are satisfied:

- the position opens higher than 184 points below the hourly high (01:01 - 06:01); and
- Stochastics* (Exponential, 10, 5, 106) - Slow %D is higher than Level 25 [GBPUSD D1]; and
- the Vidya Moving Average* (Typical, 31, 158) falls.

Open a new short position or add to a winning position or reverse a long position at the beginning of the bar when all the following logic conditions are satisfied:

- the position opens lower than 184 points above the hourly low (01:01 - 06:01); and
- Stochastics* (Exponential, 10, 5, 106) - Slow %D is lower than Level 75 [GBPUSD D1]; and
- the Vidya Moving Average* (Typical, 31, 158) rises.

Closing (Exit Signal)

Close an existing long position 1403 points above Down Fractal.

Close an existing short position 1403 points below Up Fractal.

Handling of Additional Entry Signals**

Entry signal in the direction of the present position:

- Add to a winning position but not to a losing one. If the position is at a loss, cancel the additional entry order. Do not exceed the maximum allowed number of lots to open.

Entry signal in the opposite direction:

- Close the existing position and open a new one in the opposite direction using the entry rules.

Trading Size

Always trade a constant number of lots.

- Opening of a new position - 0.1 lots.
- Adding to a winning position - 0.1 lots. Do not open more than 2 lots.
- Reversing a position - 0.1 lots in the opposite direction.

Protection

The strategy does not provide a permanent loss limitation.

The strategy does not use a Take Profit.

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* 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.

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Strategy Properties

Handling of Additional Entry Signals

Next same direction signal behavior - Adds to a winning position

Next opposite direction signal behavior - Reverses the position

Trading Size

Maximum number of open lots | - 2 |

Number of entry lots for a new position | - 0.1 |

In case of addition - number of lots to add | - 0.1 |

Protection

Stop Loss | - None |

Take Profit | - None |

Break Even | - None |

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Indicator Slots

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

Strategy Properties

Same direction signal | Winner |

Opposite direction signal | Reverse |

Stop Loss | None |

Take Profit | None |

Break Even | None |

Bar Opening

Enter the market at the beginning of the bar

Hourly High Low

The position opens above the hourly high

Base price | High and Low |

Start hour (incl.) | 1 |

Start minutes (incl.) | 1 |

End hour (excl.) | 6 |

End minutes (excl.) | 1 |

Vertical shift | -184 |

Logical group | A |

Signal shift | 0 |

Signal repeat | 0 |

Indicator symbol | Default |

Indicator period | Default |

Stochastics

Slow %D is higher than Level line

Smoothing method | Exponential |

%K period | 10 |

Fast %D period | 5 |

Slow %D period | 106 |

Level | 25 |

Use previous bar value | Yes |

Logical group | A |

Signal shift | 0 |

Signal repeat | 0 |

Indicator symbol | Default |

Indicator period | D1 |

Vidya Moving Average

The Vidya Moving Average falls

Base price | Typical |

Period | 31 |

Smooth | 158 |

Use previous bar value | Yes |

Logical group | A |

Signal shift | 0 |

Signal repeat | 0 |

Indicator symbol | Default |

Indicator period | Default |

Fractal

Exit long at Down Fractal

Visibility | Visible or shadowed |

Vertical shift | -1403 |

Signal shift | 0 |

Indicator symbol | Default |

Indicator period | Default |

Statistic Information

[th]Input Parameters[/th]

[th]Account Statistics[/th]

**Profile name**Default profile

**Acceptance criteria**Fulfilled

**Data source name**FSB Demo data

**Net balance**69869.10 USD

**Strategy name**GBPUSD 1Hr SPRD2.0 fractal...

**Intrabar scanning**Not accomplished

**Chart**GBPUSD H1

**Ambiguous bars**0

**Data bars**20000

**Backtest quality**100 %

**Time of updating**2018-11-27 12:00

**Profit per day**50.74 USD

**Time of beginning**2015-08-25 12:00

**Max consecutive losses**9

**Spread**20.00 points

**System quality number**3.89

**Swap long**-2.00 points

**Sharpe ratio**0.23

**Swap short**-2.00 points

**Average HPR**0.67 %

**Commission**0.00 points

**Profit factor**2.91

**Slippage**0.00 points

**Tested bars**19808

**Interpolation method**Pessimistic

**Minimum balance**10000.00 USD

**Initial Account**10000 USD

**Maximum balance**71289.90 USD

**Leverage**400

**Max balance drawdown**5057.30 USD

**Account exchange rate**Not used

**Max equity drawdown**12216.30 USD

**Auto scan**Switched off

**Max equity drawdown**16.93 %

**Trade until Margin Call**Switched on

**Max stagnation**258 days

**Average profit**1024.48 USD

**Average loss**-489.22 USD

**Executed orders**1680

**Win/loss ratio**0.58

**Time in position**94%

Additional Statistics

[th]Parameter[/th]

[th]Long + Short[/th]

[th]Long[/th]

[th]Short[/th]

**Initial account [USD]**10000.00

10000.00

10000.00

**Account balance [USD]**69869.10

42106.60

37762.50

**Net profit [USD]**59869.10

32106.60

27762.50

**Net profit [%]**598.69

321.07

277.63

**Gross profit [USD]**91179.00

50728.40

40450.60

**Gross loss [USD]**-31309.90

-18621.80

-12688.10

**Profit factor**2.91

2.72

3.19

**Annualized profit [USD]**18378.66

9856.11

8522.55

**Annualized profit [%]**183.79

98.56

85.23

**Minimum account [USD]**10000.00

10000.00

10000.00

**Minimum account date**8/25/2015

8/25/2015

8/25/2015

**Maximum account**71289.90

44583.40

37762.50

**Maximum account date**3/14/2018

4/9/2018

11/15/2018

**Absolute drawdown [USD]**0.00

0.00

0.00

**Maximum drawdown [USD]**5057.30

4235.30

2852.40

**Maximum drawdown [%]**16.93

9.50

7.70

**Maximum drawdown date**8/25/2015

11/1/2018

3/27/2018

**History bars**20000

20000

20000

**Tested bars**19808

19808

19808

**Bars with trades**73

35

38

**Bars with trades [%]**0.37

0.18

0.19

**Number of trades**306

183

124

**Winning trades**178

99

79

**Losing trades**128

83

45

**Win/loss ratio**0.58

0.54

0.64

**Maximum profit [USD]**6472.50

6472.50

3548.90

**Average profit [USD]**512.24

512.41

512.03

**Maximum loss [USD]**-3481.30

-3481.30

-2805.00

**Average loss [USD]**-244.61

-224.36

-281.96

**Expected payoff [USD]**195.65

176.41

223.89

**Average HPR [%]**0.67

0.86

1.15

**Geometric HPR [%]**0.64

0.79

1.08

**Sharpe ratio**0.23

0.21

0.30

Linkback: https://www.forex.zone/mt4-mt5-eas/7/gbpusd-1hr-ea/602/