Forex Strategy Builder Professional

You won´t get far with a strategy generated on one month of data. This WILL fail going forward. You´ll need to use at least a few years, better 14 years+.

you are probably right, however, it is very difficult to obtain good data for 14 years, perhaps you have a source of clean data that you could share.

Thanks

Forex Strategy Builder Professional v2.7.1

We are happy to announce we updated Forex Strategy Builder Professional to v2.7.1.

Download Page

The Expert Advisors MQL code is updated to v18, fixing an issue with longer time frame (LTF) indicators wrong implementation of Use previous bar that was leading and overestimated strategy results on the backtest.
You have to load and recalculate all strategies that use LTF indicators and to re-export your experts.

Full list of changes:
* Fixed Use previous bar value bug in LTF indicators;
* Fixed cross-thread issues in Indicator Chart and Bar Explorer.
* Translated more phrases from the UI and various messages.
* Fixed precision of expert output.

With the help of Forex Strategy Builder Professional you can create Expert Advisors for trading directly in MetaTrader. The exported EAs follow the best practices and protects you from various pitfalls. The experts contain about 7000 lines of code which is responsible for gathering data and calculating the indicators and the strategy rules independently of the MT internal models.

Today I tested the performance of the exported EAs. They appeared to be extremely fast by collecting data, calculating the indicators, the strategy and signals for 0.2 milliseconds.

See more info about the test here: http://forexsb.com/forum/topic/5362/...xpert-adviser/

Forex Strategy Builder Professional v2.7.3 is released.

Download page: http://forexsb.com

Hello Traders,
We are excited to present Forex Strategy Builder Professional v2.7.3. This version comes with updated Expert Advisors code to v20, which is now more robust and reliable for live trading.

Improvements:
Exported Expert Advisors calculate automatically how many bars the expert needs for providing precise indicator signals.
The exported EA for MT4 has unique Magic Number. Using different magic numbers in the experts prevents conflicts on running several experts on one market.
The indicator chart does not scroll to the end after resizing of the programs window or showing/hiding the info panel.
Improved the Russian, German and Bulgarian translation.

Fixes:
Fixed an issue with calculating Moving Average with horizontal shift.
Fixed the recalculation of the Indicator Chart after data reloading.
Fixed memory leak after long use of the Indicator Chart.
Added partial Hungarian translation.

You have to re-export you expert advisors after receiving the update of the MQL code. Please check the Experts tab of the MetaTrader Terminal after running an expert. The expert will calculate the required bars and will show a log record. An example massage is The expert uses 750 bars. The used bar range is between 50 and 3000. Please report any problems or unusual behavior of the exported expert advisors.

Forex Strategy Builder Professional v3.0

Hello traders,

We are proud to announce the release of Forex Strategy Builder Professional v3.0. We made many improvements and fixed many issues from the previous version. The program is more stable and reliable now.

Download Page: http://forexsb.com/download.php

New Features
* Multi Markets tool can load data with different symbols and periods and from different Data Sources. It is useful to compare the strategy performance on data with the same symbol / period, but form different broker, demo or real account or from different time zone. Please note that the Multi Markets tool uses only the main data period for backtesting. If your strategy contains ambiguous bars, you have to test it with the Method Comparator tool.
* Data Download tool can convert the downloaded data to a specified time zone. It is useful when you use our data download service to simulate trades for your broker on your time zone.
* Improved Expert Advisor code. The experts manage better issues with the data simulations in the MetaTrader backtester. The experts execute a failed close signal at bar Closing at the next bar Opening. This allows setting of lower Closing Time Advance parameter for faster markets and lower time frames.
* Included Arabic translation of the programs user interface provided by Mr. Wael Moussa.
* The program shows LTF (Longer time frame) info for the indicators in the Strategy Overview page.



Fixed Issues
* Fixed and optimized almost all tools for preventing memory leaks.
* Fixed a minor issue with scrolling of the indicators properties panel.
* Fixed Save and Save As functions of cloned strategies.
* System quality number, Sharpe ratio and Holding period return stats are set to zero for losing strategies.
* Reduced the risk of a crash when program calculate strategies during reloading historical data.
* Fixed the text of the strategy records tiles on Strategy Collections page.
* Fixed Drawdown stats for the initial strategy in the Monte Carlo confidence table.
* Fixed an eventual crash when finding the default strategy folder.
* Fixed the number format of dynamic info of Small indicator chart.
* All strategy tools recalculate the strategy and redraws if it is necessary.
* Fixed crashes when closing "busy" strategies.

Uploaded three new indicators in the repository: http://forexsb.com/repository/

1. CCI Convergence Divergence;
2. MACD Convergence Divergence;
3. RSI Convergence Divergence;

The indicators calculate two MA lines - one calculated on the particular indicator and another one calculated on the market's close price. The indicators give signals on Convergence or Divergence between these MAs as follows:

We have Divergence when both MA are moving in opposite directions:
- Indicator MA rises and Market MA falls; or
- Indicator MA falls and Market MA rises.

We have Convergence when both MA are moving in equal direction:
- Indicator MA rises and Market MA rises; or
- Indicator MA falls and Market MA falls.

This indicators give equal signals for both long and short positions. For example, if there is a Convergence, they allow both opening long and short positions. It means that we can use this indicators for additional filters. They cannot determine the position direction alone.

The indicators can be placed in Opening Logic Condition slot and in Closing Logic Condition.

Download Forex Strategy Builder for Free: http://forexsb.com

It sound strange but here is the prob....

I used FSB Demo data Full 2014 for H4 chart to build a strategy & it created a awesome strategy with 3.60+ System quality & also 400% ROE gain for the whole year!!

Okzz

Now I tested same strategy on 2015 Jan to April but now It showing within first 3 months It blow up the whole $1000 account!!

Note: I used FSB for backtest, its super fast though!!

My ques is.... If strategy cant even prove it self for next 1month at least then why we will be even bother to create a strategy that can gain thousands of $$$ in previous month??

It is called OOS - Out Of Sample testing.

Some traders think that if a strategy works well on a past period and it confirms the performance on the new data, it proves that it is not over-optimized.

However, the OOS doesn't prove that the strategy is not over-optimized for the full period. I personally don't see any value in OOS.

See this topic for more info: OOS question

Forex Strategy Builder Professional v3.2.1 is published

Changes from v3.2

1. Fix a crash when closing changed strategy tab from Indicator Chart, Multi-Market, and Monte Carlo pages.

Changes from v3.1

This update includes also new versions of the Expert Advisors code and updates of the MT4 Bridge.

Changes in FSB Pro:

1. The program supports several installations. Now each individual installation uses its own User Files folder located in its file structure.
2. Fixed backtesting of strategies with Martingale multiplier lower than 1.
3. Fixed crashes on setting Symbol's digits in the Control Panel.
4. Fixed crashes on adding new symbols and changing the active Data Source.
5. Many internal fixes and improvements,

Changes in the Expert Advisors Code v26

1. The export EAs trade safely Indexes and Metals with custom rounding of last digits (none-standard TickSize).
2. Added additional field int the EA starting properties - Custom order comment. You can use it for trading Binary Options or in other cases when the broker requires a specific order comment.

Meta Trader may not recover previous EA settings of the running experts after re-exporting EAs with the new code. You have to check the settings of all running Experts if you override them.

Changes in the FSB-MT4 Bridge v11

1. Supports specific TickSize for trading metals and indexes.

The following screenshot show the EA settings for trading Binary Options.

Changes from v3.0

Changes in FSB:

1. Added search in Indicators repository;
2. Indicators repository shows only the indicators with EA support by default;
3. Fixed translation of statistic panels in Multi-Market page
4. Fixed the code of Commodity Channel Index (CCI) indicator wrong implementation of the smoothing method
5. Fixed the initial position of the Indicator Chart.
6. Fixed minor issues.

Expert Advisors code v25

1. Fixed Commodity Channel Index indicator
2. Fixed possible crash of the expert when a LTF indicator requires more bars than the main time frame.
3. The Expert Advisors show the required data and the number of bars at loading. It helps to identify the problem when the expert stops due to a shortage of data.

Thx for quick response

I think i should continue discussion here as i started here...

I have few ques left:

How I should generate a strategy using FSB?

Lets say I wanna trade in M30 chart for next Week from Sep 21 to 25

Now how should i build a strategy?

It will be very nice if you give us full details

Ok... If I use OOS 20% or 40% will it be reasonable for better strategy?

Lets say for M30 chart I use 3000 data bars with 40% OOS

& If i want to use this strategy for next week from Sep 21 to 25 will it be reasonable?

That is why we have to test our strategies thoroughly and do forward testing as well as multimarkets and monte carlo. This is a major element of system development and that is why Popov has included so many tools in the program.

Probably you need to study system development a bit more to get an idea as to what you will experience.

FSB Created EA on M30 chart now trading.... We both trading simultaneously in 2 different accounts

& seems like its trading is far more intelligently than me!!

Even back tested result on FSB was bad but it appears in live trading its far more better that that

though its only very first trade... it have to go far more... but the way its trading is very good

We both trading in EURUSD & it has been place its trade on even better position than me

lets see... hope It will defeat me in forex trading competition

Infernal, I can recommend you to watch my video series for creating and analyzing EAs before start automatic trading on a live account. You can find it here: It is about 5 hours video that barely scratches the surface of the EA development and trading.


A strategy with a good backtesting result "may" make money on the real market, but it is not going to be true for a strategy with a bad result.

Trade Safe!

Thx I will watch all of these...

but here is the today's result up until now

Mine: Total $631 loss; seems like bad day for me

FSB EA:

1st trade - $440 profit
2nd trade - $367 loss
3rd trade - $441 profit

Total - $514 profit

Feel like a stupid now!!! What i learn all these 6months then

I wanna make a suggestion:

Could you plz add "Dynamic Stop Loss" features?

I think it will increase overall trading efficiency

Forex Strategy Builder Professional v3.2.3, EA Code v27
This update fixes some security issues and adds new functionality:

Changes in FSB v 3.2.3:
* The program can load new Data Source configuration files, which makes possible the symbols and settings to be exported from MetaTrader;
* The installation package includes the latest version of the language translations.

Changes in EA Code v27:
* Fixed the EA version number format in order to prevent MQL Editor warning;
* EA Code cleanup;
* EA Code works with older versions of FSB Pro.

None of these changes require re-exporting of your Expert Advisors or recalculation of your strategies.

You're selling a software that requires us to pay you (or your developers) to recode our custom/popular mt4 indicators so that we can use with your program? Laughing my ass off for those who bought this.