Here's a formula that is used to figure out Margin Level... Account Equity / Margin = Margin Level Margin Level is something that is used with MT4 brokers. I have personally contacted FXDD and IBFX, so I guarantee the information posted here is ...

Intricacies of firebird — I am fairly new to firebird and do not understand the intricacies of exactly how it operates under the hood like those that have been involved for a long time. I have found I have many questions that could be answered ...

Very good information. Thank you.

Ah.. It would be interesting to do a direct comparison between percent=0.1 vs 0.05 over at least 1 month. Has anyone in the forum done that? Anyone, anyone ... (Bueller?)

Question for Wackena or MoneyMa$ter — With that said, would I then be correct in saying the smaller the percentage the closer to the band.. hence more trades? For example: In v1.0c "Percent" is 0.1. In v63H04-TS "Percent" is 0.05. In that ...

Negatory... (not that that's a real word) BTW, I dig your quote!

v63 H03 that supports MM and MinMargLevel — For those of you interested in using money management and/or margin level protection with v63H03, I have included it. You have the option of turning either one off or on when you first load it (or ...

MoneyMa$ter - have you compared 63H04/63G with v1.0a/c?

Well, just fyi. If you trade .03 lots when opening a mini demo, you'll actually be getting .03 cents a pip (on EUR/USD). With money management turned on, your fb ea should trade 0.40 lots or sometimes 0.30 lots which equates to .40 cents or .30 ...

Hi sinclap - If you're going to run v1.0a with a beginning balance of $400, I highly recommend using v1.0a1 which includes money management and min margin level protection. You can find v1.0a1 attached to my post.. ...

No. You do not need a magic #. I, along with many, have forward tested v1.0a and v1.0c with IBFX extensively and no magic number is required. It's all properly coded in the EA.

Hi Edox - No need to take up forum space on this. Please look for my pm.

Firebird v1.0c1 (MinMargin Level protection) — Fellow Firebird'ers - This version includes the added level of protection of MinMarginLevel. I feel this is important especially for those of us that don't have much to open with. MinMarginLevel ...

That's awesome, Don! Way to go!

Margin Level in fb v1.0c — One more thing to add on this... Margin level is caculated as AccountEquity() / AccountMargin() I would presume some kind of "if" statement would be in order to make this happen, I just don't know exactly where in ...

Margin Level and fb v1.0c — nvwine / wakena - I just spoke with both IBFX and FXDD. Here are their policies on getting a margin call. IBFX's Policy: If Margin level drops below 50%, IBFX will begin randomly closing open positions until Margin ...

Margin Call — As mrmikal stated, it definitely depends on your broker. For example: IBFX's Policy: If Margin level drops below 50%, IBFX will begin randomly closing open positions until Margin level goes above 50%. FXDD's Policy: If Margin ...

fb v1.0c - AUDUSD — I have had many successful AUDUSD trades on a demo with FXDD. I use the M5 charts.

Yes, default settings for v1.0a are 30-300-30 unless you have loaded the .set files. Are you using v1.0a or v1.0c? If v1.0a, did you load any of the .set files? Also, what time frame M1 or M5?

Additional feedback running fb v1.0c on IBFX mini demo — After changing my lot size from .10 to 1.0 in the user input window to attach v1.0c in each chart, I noticed, after several hours, there were 7 positions opened with an acct balance of ...