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Author Topic: Forex Steam  (Read 7311 times)

Offline islandTrader

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Forex Steam
« on: August 12, 2011, 02:59:28 am »
Has anyone tried Forex Steam? 

The MT4Live results look good, and it has been tested for 331 days on (out of respect for Donna I omitted it but PM me if you want it) another web site with about 57k of profit starting with several thousand. 

Pros:  Documented performance via MT4Live.  Professional appearance to web site - it is not cheesy, has no up sells.  Had great results.  There is a "light risk" version (which as far as I can tell is the one documented on MT4Live).  Refund policy, good for 30 days**.  See below.

Cons: Price is high, but if it does well, it is worth it.  The refund policy is NOT unconditional.  When you purchase it, start logging your results to MT4Live in case you want a refund.  They will honor the refund ONLY if you have proof you have used it.  Actually this makes sense to me.  They don't care if it won or lost, just that you used it for at least 15 days.  So start using it right away at least on demo.  Here is the refund policy:

In order to qualify for the 30 day money back guarantee you must adhere to the following policy.  All customers that purchase Forex Steam agree to this policy once the order is completed.  The guidelines in this policy are to ensure a positive user experience and to ensure that the system is being used for the purpose intended by the creators of Forex Steam.

    A full testing period must be completed, this is a minimum of 15 days on either a demo or live trading account.  When applying for a refund proof of this testing must be provided.  Results can be either positive or negative and a return will be completed.
    The Forex Steam system cannot be shared, re-sold, or  re-distributed in any form.

« Last Edit: August 13, 2011, 05:37:43 am by islandTrader »

Offline hagenuk

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Re: Forex Stream
« Reply #1 on: August 12, 2011, 03:59:25 am »
Hi IslandTrader,

Are you referring to Forex Stream or Forex Steam ? I believe they are both different product :)
« Last Edit: August 12, 2011, 05:58:52 am by hagenuk »

Offline rex68

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Re: Forex Stream
« Reply #2 on: August 12, 2011, 04:52:55 am »
stream? huat ah...

Hi IslandTrader,

Are you referring to ForexSteam or Forex Steam ? I believe they are both different product :)

Offline maciejburno

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Re: Forex Stream
« Reply #3 on: August 12, 2011, 06:04:45 am »
Advertisement

http://forexsteam.com/

Price: $117.99

Forward tests look good, but only 2009 backtest. What happened to 2010, 2011, and before 2009? :)

Payment type: Regnow, I did not hear about it, so I cannot comment it.

Refund policy: Troublesome. Once I buy a product, I have rights to do anything I want with it, not using it is also my rights.

If the publisher do 12 years backtests with 99% quality, I'll get it next day.

Offline hagenuk

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Re: Forex Stream
« Reply #4 on: August 12, 2011, 12:46:15 pm »
I have earned 215 pips in 1 months on my small live account since beginning of July.

You can do a custom magic analysis to filter out all ForexSteam trades on myfxbook statement.. My account drawdown was mainly caused by EA-Shark and EA-Sigma which I already stopped using it.



« Last Edit: August 12, 2011, 12:50:59 pm by hagenuk »

Offline maciejburno

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Re: Forex Stream
« Reply #5 on: August 12, 2011, 12:54:19 pm »
I have earned 215 pips in 1 months on my small live account since beginning of July.

You can do a custom magic analysis to filter out all ForexSteam trades on myfxbook statement.. My account drawdown was mainly caused by EA-Shark and EA-Sigma which I already stopped using it.




I don't see magic number where I can choose from in your statement :).
215 pips from EA in a month, not bad at all.

Offline hagenuk

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Re: Forex Stream
« Reply #6 on: August 12, 2011, 01:56:43 pm »

I don't see magic number where I can choose from in your statement :).
215 pips from EA in a month, not bad at all.

maciejburno, sorry about it; I just loosen up the control. Give it a try again. :D

Offline maciejburno

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Re: Forex Stream
« Reply #7 on: August 12, 2011, 02:03:35 pm »

I don't see magic number where I can choose from in your statement :).
215 pips from EA in a month, not bad at all.

maciejburno, sorry about it; I just loosen up the control. Give it a try again. :D

Thank you, rep to you :)

Offline islandTrader

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Re: Forex Stream
« Reply #8 on: August 13, 2011, 05:37:15 am »
Hi IslandTrader,

Are you referring to Forex Stream or Forex Steam ? I believe they are both different product :)

hagenuk - sorry, it is "steam" not "stream" as in my original post.  Thanks for pointing out my typo.

Nice results from your last month of trading with this EA.

I see in their MT4Live acct (on forexsteam.com) that they had a bad couple of days and lost about $2k.  You did better than them I guess.  LOL

Did you use the "light risk" or other version/settings?  Thanks for your encouraging data.  The forward testing over the last year and surviving all of the crazy market conditions to me is more important than back testing.  Your forward test so far supports this perspective.  I hope you see continued good luck!
« Last Edit: August 13, 2011, 05:47:39 am by islandTrader »

Offline Trader@Home

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Re: Forex Stream
« Reply #9 on: August 13, 2011, 10:42:30 am »
http://forexsteam.com/

Price: $117.99

Forward tests look good, but only 2009 backtest. What happened to 2010, 2011, and before 2009? :)

Payment type: Regnow, I did not hear about it, so I cannot comment it.

Refund policy: Troublesome. Once I buy a product, I have rights to do anything I want with it, not using it is also my rights.

If the publisher do 12 years backtests with 99% quality, I'll get it next day.
Here is a coupon for Discount-  FRN-295C  :D
« Last Edit: August 13, 2011, 11:22:16 am by trader@home »
"A man must believe in himself and his judgement if he expects to make a living at this game, that is why I don't believe in tips."

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Re: Forex Stream
« Reply #10 on: August 13, 2011, 12:23:17 pm »
Here is a coupon for Discount-  FRN-295C  :D

That means you bought it  ;)

good luck i consider to try it.  :D

best regards & thanks for the coupon
mark

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Re: Forex Stream
« Reply #11 on: August 13, 2011, 12:54:40 pm »
I have earned 215 pips in 1 months on my small live account since beginning of July.

You can do a custom magic analysis to filter out all ForexSteam trades on myfxbook statement.. My account drawdown was mainly caused by EA-Shark and EA-Sigma which I already stopped using it.




hi hagenuk,

i couldnt resist after trader@home posted the coupon code  ;)
now i have two versions. the light and normal. are you running only the light version on your account or both? and if not why?

+rep to you
thanks and best regards
Mark

« Last Edit: August 13, 2011, 12:56:25 pm by Tradenow »

Offline MetaCrazy

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Re: Forex Steam
« Reply #12 on: August 13, 2011, 12:58:44 pm »
a review site did back tests on the lite version

http://www.forexreviewsrated.com/tag/forex-steam-light-ea/

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Re: Forex Steam
« Reply #13 on: August 13, 2011, 01:07:26 pm »
a review site did back tests on the lite version

http://www.forexreviewsrated.com/tag/forex-steam-light-ea/


thank you. looked not so good but if you take a deeper look at the life test you see that it is faked.
they qoute that the ea run with fixed lot size of 0.3. if you go into the "life" account you will see that the big losses are with high lot sizes. 0.57 for example. so this is useless.
the whole site is scam imho.

best regards
mark

Offline Trader@Home

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Re: Forex Stream
« Reply #14 on: August 13, 2011, 04:19:47 pm »
I have earned 215 pips in 1 months on my small live account since beginning of July.

You can do a custom magic analysis to filter out all ForexSteam trades on myfxbook statement.. My account drawdown was mainly caused by EA-Shark and EA-Sigma which I already stopped using it.




hi hagenuk,

i couldnt resist after trader@home posted the coupon code  ;)
now i have two versions. the light and normal. are you running only the light version on your account or both? and if not why?

+rep to you
thanks and best regards
Mark
V3 is best (Light Risk) as stated by the support team.so run only that on your live account.try with default settings ;) and good luck :D. will be running live from monday.you may download V3 through members area.
« Last Edit: August 13, 2011, 04:24:26 pm by trader@home »
"A man must believe in himself and his judgement if he expects to make a living at this game, that is why I don't believe in tips."

 

 
 
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