Found a profittable strategy on UJ daily?

I have generated a strategy with FSB (Forex Strategy Bulider) that use daily fractals and envelopes and seems profitable tested from 2002 to 2009 with 30% out of sample.
I have tried to made an EA with an automated mql builder, but does not work properly.
If same coder is interested attached are the strategy and the EA.

Thanks.
Lubo.

This is the return with MT4 data optimized 2002-2009, always with 30% out of sample.

Lubo.

I have found a way to get EA working properly using iCustom function with FractalChannel indicator. I have also added some variable for personalize and optimize the EA. The only things that does not work well is the money management logic I added. I'm thankful if someone could help.

Ps. the iCustom fuction slow very much the becktest.

Thanks.

Lubo.

Now work money management too, but using 20% of free margin as in fsb strategy, it show very bad results in backtest.

Lubo.

May I undestand way the EA do not performs like on FSB, because it needs to trade only one time per fractal until the fractal has not changed.
I'm trying to understand how to do this, if someone has any idea is welcome.

Thanks.

Lubo.

=================
Hi
Example for BUY entry--
Could u explain in more details and practical way with appropriate charts
as th info we hv contains discrepancies.
thanks

The issue is that in FSB when price break fractal it open a trade and when one of the close condition is meet it close the trade and do not reopens another until a new fractal is break.
The EA made the same thing but when a position is close and price still over the same fractal it opens a new trade without wait a new fractal.
I hope I was more clear, the EA must trade only one time per fractal break.

Lubo.

hey lubo..... your doing a good job there so far..... you'll need to add a "prior condition" to the buy/sell logic lines.... this will stop the dasiy chain orders.....

your envelopes deviation looks quite odd.... do you mean 0.346 by chance.... 3.46 will be a stout hill to climb.....

your using bid for a price reference on a buy, and ask for a price reference on a sell.... usually it's the opposite....

if your interested, we can recode from scratch.... preferably in my manner.....h

If u would like to recode u are welcome, envelopes is 3.46, look at FSB generated, but i think this and other paramenter can be optimized due to different data, this parameter are what FSB has generated with MT4 Alpary UK download from 2002 to 2009 with 30% out of sample.

Thanks.

Lubo.

Thanks.

The logic are:
Opening (Entry Signal)

Open a new long position at an Up Fractal when the following logic condition is satisfied:

 

1. the bar opens below the Upper Band of Envelopes* (Smoothed, Close, 18, 3,46).

Open a new short position at a Down Fractal when the following logic condition is satisfied:

 

1. the bar opens above the Lower Band of Envelopes* (Smoothed, Close, 18, 3,46).

Closing (Exit Signal)

Close an existing long position at the end of the week.
Close an existing short position at the end of the week.
Handling of Additional Entry Signals**

Entry signal in the direction of the present position:

 

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

Entry signal in the opposite direction:

 

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

Trading Size

Trade percent of your account.

 

1. Opening of a new position - 20% of the account equity.

Permanent Protection

The strategy does not provide a permanent loss limitation.
The Permanent Take Profit closes a position at 190 pips profit.


Lubo.

This is a sample of how FSB open and close positions.