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Old 11-08-2005, 01:44 AM
jdun jdun is offline
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I used Fukinagashi recommendation because he was the EA coder and have good luck with those parameters. This is for v6. I am having very good result. I only lose 1 out 12 trades (avg) and the lost is very minimal in a lot of cases.

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Good question and: no, i changed the timeframes a bit. What I do is that all 3-4 days I monitor & backtest (short term) how starter is doing in the timeframes M15,M30,H1 and I usually switch to the best.

My standard parameters remain the same, SL:35, TS: 0, TP:10, only the timeframe setups I re-analyze.

ATM I have quite a funny setup. For example I found out that USDJPY and GBPUSD is doing very well in these timeframes. So despite all understanding of the advantage of diversification I trade USDJPY on M15 and M30 and H1.

So here we go:

USDJPY: M15,M30,H1
EURUSD: M15
GBPUSD: M5,M15,M30,H1
USDCHF: H1
EURCHF: M15
USDCAD: M30
EURJPY: M15

(and before you ask: yes, these are quite some, it takes a while until my MT is started and it takes quite some resources, especially considering that I have a few other experts running on my system, like Hans123Trader. So on my live-trading system I dropped all indicators, to cater for that issue, and the computer is dedicated only for that. All programming, testing and development I do on another Computer)

I believe in the need to make this analysis a continuos project. That is the same reason why I actually stopped using another version of starter (i am not going to say which, since I don't want to indirectly attack the author, which I really appreciate). I just saw that it continuosly created losses and failed in backtesting, so i dropped it besides all what I thought about it. Its something like the poor-men-versiion of the survival of the fittest

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