Thread: Forex Strategy Builder

Forex Strategy Builder is a complete system for creating and testing trading strategies for the foreign exchange market - Forex.

It provides an easy way of building forex strategies by combining various technical indicators. All necessary parameters and logics can be selected from menus, and you don't have to write formulas or a program code.

FSB uses historical forex data in order to perform a reliable back test for the various foreign exchange pairs or time periods.

It supplies detailed charts and statistics, and the automatic journals show all transactions and positions, as well as the changes in your virtual bank account.

Although FSB concerns foreign exchange trade, it is not a commercial product - its main purpose is to be practical and useful.

Forex Strategy Builder is indispensable for achieving better understanding of technical analysis.

Forex Strategy Builder - Overview

I agree, FSB is a fantastic tool. However.... there is one downfall. It doesn't allow you to save the EA to a format that can be read by MetaTrader. What it does do is show you what is possible. Heck I was able to make one that had a $21000.00 profit with a $437.oo drawdown and a loss of $1800.00. Now that's the kind of EA that I want...

Originally Posted by PipSqueak

I agree, FSB is a fantastic tool. However.... there is one downfall. It doesn't allow you to save the EA to a format that can be read by MetaTrader. What it does do is show you what is possible. Heck I was able to make one that had a $21000.00 profit with a $437.oo drawdown and a loss of $1800.00. Now that's the kind of EA that I want...

you don't need to do it now, you can use FST which will trade for you on MT4 (it is a bridge), if you create a really good one you can ask politely funyoo to code it for you but after he can see good live trading results.

Simple trading systems are good for skilled beginners and intermediate traders, but may not suit more experienced traders. Advanced strategies were all at some point simple, but later were improved by traders. So, learning the basic ideas behind simple strategies will help you in the long run to advance in your own strategy making.