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EA review - StarX

Rating total:
Backtests:
Live performance:
Risk control:
Customizability:
Price:
Vendor link | Price: $299  (2019.10.28)
Trading strategy: Night Scalper
Vendor live account: No
Own live account: No
Latest tested version:   v1.0
Latest tested date: 2019.10.28
Risk factors: Weekend gaps, calendar news, breaking news

StarX is a mean reversion system around the time of the end of the NY session. It only enters a single position per symbol with a small profit target. Positions are only held for a short duration.

The following pairs are supported by the author: EURCHF, USDCHF, GBPUSD
However, our own backtests show several other pairs that have relatively good results with default settings. This is a good sign showing that a strategy is not over optimized.

The EA does not provide any news filter. A live account with a very short history was available, but was removed during the first drawdown. 

The EA author often republished his EAs under new brands in the past. It seems that he prefers to replace an EA with a new one instead of updating an already existing one. Keep this in mind if you think about purchasing one of his EAs. 

Our opinion

There are better EAs, like the NY Close Scalper, that have a similar trade logic, but most of them are more expensive.

Fixed lot size backtests

Why do we use fixed lot size (0.1 lots)? Check our educational page.

Dukascopy 2019.10.28, version v1.0

Full backtest report

Strategy Tester: StarX
SymbolEURCHF (Euro vs Swiss Franc)
Period5 Minutes (M5) 2010.01.01 10:20 - 2019.10.09 23:55 (2010.01.01 - 2019.10.10)
ModelEvery tick (the most precise method based on all available least timeframes)
Parameterstrade_comment=" EA StarX "; MM=false; Risk=3; ManLot=0.1; Pips=20; SL=200; TP=100; Slippage=10; Magic=28002; MaxSpread=30; GMT=2; hour_start=21; minute_start=30; hour_stop=22; minute_stop=50; Monday_Start_Hour=22; Monday_Start_Minute=0; Friday_End_Hour=15; Friday_End_Minute=0;
Bars in test731080Ticks modelled123661476Modelling quality99.90%
Mismatched charts errors0
Initial deposit10000.00SpreadVariable
Total net profit1644.91Gross profit4498.69Gross loss-2853.78
Profit factor1.58Expected payoff0.79
Absolute drawdown5.77Maximal drawdown220.45 (2.09%)Relative drawdown2.09% (220.45)
Total trades2079Short positions (won %)882 (92.52%)Long positions (won %)1197 (92.23%)
Profit trades (% of total)1920 (92.35%)Loss trades (% of total)159 (7.65%)
Largestprofit trade14.91loss trade-29.78
Averageprofit trade2.34loss trade-17.95
Maximumconsecutive wins (profit in money)90 (221.65)consecutive losses (loss in money)3 (-86.51)
Maximalconsecutive profit (count of wins)221.65 (90)consecutive loss (count of losses)-86.51 (3)
Averageconsecutive wins13consecutive losses1
Graph

Full backtest report

Strategy Tester: StarX
SymbolUSDCHF (US Dollar vs Swiss Franc)
Period5 Minutes (M5) 2010.01.01 10:20 - 2019.10.09 23:55 (2010.01.01 - 2019.10.10)
ModelEvery tick (the most precise method based on all available least timeframes)
Parameterstrade_comment=" EA StarX "; MM=false; Risk=3; ManLot=0.1; Pips=20; SL=200; TP=100; Slippage=10; Magic=28002; MaxSpread=30; GMT=2; hour_start=21; minute_start=30; hour_stop=22; minute_stop=50; Monday_Start_Hour=22; Monday_Start_Minute=0; Friday_End_Hour=15; Friday_End_Minute=0;
Bars in test731231Ticks modelled124359019Modelling quality99.90%
Mismatched charts errors0
Initial deposit10000.00SpreadVariable
Total net profit810.68Gross profit3950.98Gross loss-3140.30
Profit factor1.26Expected payoff0.49
Absolute drawdown2.95Maximal drawdown414.10 (3.94%)Relative drawdown3.94% (414.10)
Total trades1668Short positions (won %)826 (85.59%)Long positions (won %)842 (91.81%)
Profit trades (% of total)1480 (88.73%)Loss trades (% of total)188 (11.27%)
Largestprofit trade23.05loss trade-51.32
Averageprofit trade2.67loss trade-16.70
Maximumconsecutive wins (profit in money)57 (204.07)consecutive losses (loss in money)3 (-78.88)
Maximalconsecutive profit (count of wins)204.07 (57)consecutive loss (count of losses)-78.88 (3)
Averageconsecutive wins9consecutive losses1
Graph

Full backtest report

Strategy Tester: StarX
SymbolGBPUSD (Great Britan Pound vs US Dollar)
Period5 Minutes (M5) 2010.01.01 10:20 - 2019.10.09 23:55 (2010.01.01 - 2019.10.10)
ModelEvery tick (the most precise method based on all available least timeframes)
Parameterstrade_comment=" EA StarX "; MM=false; Risk=3; ManLot=0.1; Pips=20; SL=200; TP=100; Slippage=10; Magic=28002; MaxSpread=30; GMT=2; hour_start=21; minute_start=30; hour_stop=22; minute_stop=50; Monday_Start_Hour=22; Monday_Start_Minute=0; Friday_End_Hour=15; Friday_End_Minute=0;
Bars in test731175Ticks modelled177206727Modelling quality99.90%
Mismatched charts errors0
Initial deposit10000.00SpreadVariable
Total net profit1936.52Gross profit5649.69Gross loss-3713.17
Profit factor1.52Expected payoff1.08
Absolute drawdown54.24Maximal drawdown174.76 (1.54%)Relative drawdown1.54% (174.76)
Total trades1788Short positions (won %)840 (90.48%)Long positions (won %)948 (89.98%)
Profit trades (% of total)1613 (90.21%)Loss trades (% of total)175 (9.79%)
Largestprofit trade23.14loss trade-32.83
Averageprofit trade3.50loss trade-21.22
Maximumconsecutive wins (profit in money)56 (141.12)consecutive losses (loss in money)4 (-93.30)
Maximalconsecutive profit (count of wins)185.91 (55)consecutive loss (count of losses)-93.30 (4)
Averageconsecutive wins11consecutive losses1
Graph

Portfolio backtest

Link to PDF file

Portfolio backtest

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