StarFire_MD02_REAL_EURUSD5min+USDJPY15min (By forex_trader_16044)

The user has deleted this system.

StarFire_MD02_REAL_EURUSD5min+USDJPY15min Discussion

Jun 26, 2011 at 15:12
968 Views
10 Replies
forex_trader_16044
Member Since Jul 31, 2010   70 posts
Jul 01, 2011 at 05:42
Now, StarFireEA for the real account is launched.
Hope to have the similar positive result to the demo account I've been testing since last month!

Regards,
forex_trader_16044
Member Since Jul 31, 2010   70 posts
Jul 09, 2011 at 09:41
Trading hours for EURUSD has been changed between 23:00 - 02:00 at FXClearing Server time from 22:00 - 02:00 by default for reducing DD and for better performance as a result of an analysis in demo account last month.
For USDJPY pair, use default setting.

#Current Setting(for live account)
[EURUSD]
Trading Hours:23:00 - 02:00
MM:50% of Equity levels
MaxTP:10pips
SL:15pips

[USDJPY]
Trading Hours:22:00 - 02:00
MM:50% of Equity levels
MaxTP:10pips
SL:15pips


Regards,
Member Since Jul 10, 2010   129 posts
Jul 09, 2011 at 10:17
how can buy starfire ea ?
forex_trader_16044
Member Since Jul 31, 2010   70 posts
Jul 10, 2011 at 05:28
Dear kami190 and others,


StarFire EA is not a commercial package for sell, therefore the EA will be available for free.
Please be patient a little bit more, I need some times for the preparation to open the EA to those who want.
I will notify you all when everything is done and ready for downloading.

Regards,
forex_trader_16044
Member Since Jul 31, 2010   70 posts
Aug 04, 2011 at 20:39
*[02/08/2011]:Trading condition has been changed as following.

[EURUSD]
Time frame to use:5min(Changed from 15min)
Trade direction:Long&Short(as ever)

[USDJPY]
Time frame to use:15min(as ever)
Trade direction:Long Only(Changed from Long&Short)


Other than those parameters, leave everything same as ever.
forex_trader_16044
Member Since Jul 31, 2010   70 posts
Aug 07, 2011 at 22:44
*[05/08/2011]

[USDJPY]
MaxTP:6pips(Changed from 10pips)
forex_trader_16044
Member Since Jul 31, 2010   70 posts
Sep 04, 2011 at 14:59
[04/09/2011] Trade timing for EURUSD changed by the recent statistics and analysis.

#Current Setting(for live account)
[EURUSD]
Trading Hours:00:00 - 02:00 (Trade only for 2 hours a day)
MM:50% of Equity levels
MaxTP:10pips
SL:15pips

[USDJPY]
Trading Hours:22:00 - 02:00
MM:50% of Equity levels
MaxTP:6pips
SL:15pips

Start trades from Monday evening after this weekend.


Regards,
forex_trader_16044
Member Since Jul 31, 2010   70 posts
Sep 10, 2011 at 08:22
[10/09/2011] Trading currency pair is now only limited to EURUSD and trades for 2 hours/day(21-23 GMT) only

#Current Setting(for live account)
[EURUSD]
Trading Hours:00:00 - 02:00 (21-23 GMT)
MM:50% of Equity levels
MaxTP:10pips
SL:15pips

Start trades from Monday evening after this weekend.


Regards,
forex_trader_16044
Member Since Jul 31, 2010   70 posts
Oct 27, 2011 at 04:52
[27/10/2011] Timeframe for EURUSD to trade is changed to 15min chart.

forex_trader_16044
Member Since Jul 31, 2010   70 posts
Dec 03, 2011 at 12:52 (edited Dec 03, 2011 at 12:52)
[3/12/2011] Forward Test closed due to bad results with EURUSD pair.
Launched another FT at https://www.myfxbook.com/members/crescent/starfire-usdjpy-longonly/184793
For further FT results, please refer to the referral link above.
Trading with USDJPY single pair in LONG trade only which seems to be more stable to trade with and more profitable.

Regards,
Member Since Dec 01, 2011   95 posts
Dec 07, 2011 at 00:08 (edited Dec 07, 2011 at 00:09)
Hello 'Looks Like you had a tuff day' 'If Happens' We think maybe you should put this EA back on a Demo Account Only.

This Trade here we copied and pasted Below is a 'RED FLAG' the system is not ready, you lost almost 10% of your account in 1 trade. 'Or was this a Hedge you closed out?' It's your money, but trading JPY is Really Risky for the simple fact that particular pair has a lot of Bank Intervention. you were over leveraging your accounts. basically gambling

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12.06.2011 01:47 12.06.2011 03:13 USDJPY Buy 5.90 77.69000 77.83000 77.84000 77.69000 -15.0 -1139.14 1h 26m -9.60%

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