Quoting monoDisliked
9000 just past. booked another 20pipsIgnored
Firebird EA - fixed version - 2,217 replies
Anyone Can help me about Firebird EA ,please!!! 0 replies
Firebird V1.0 an amazing EA ! 33 replies
Going live with Firebird 38 replies
My firebird is a roast cornish game hen 3 replies
Quoting monoDisliked
9000 just past. booked another 20pipsIgnored
Quoting monoDislikedOk now that 9000 mark has been breached, I'll start revealing some info.
My main aim was to try and break firebird. I started with $10000 account.
The main feature of firebird is pipstep, and I know firebird works fairly well as a whole with the settings I was using, so I decided to keep the same setting but half the pipstep, to create more trades.
After the first week the float was high, but still booking in pips at an amazing rate. Then the interest rates and NFP news came in and killed some pips, it didn't look very promising. But since then ....... a pip fest.
So conclusion so far is it works very well, but needs more testing especially around news and trend times.
I'd suggest some of you guys start testing with lower pipsteps to create more trades.Ignored
Quoting monoDislikedOk now that 9000 mark has been breached, I'll start revealing some info.
My main aim was to try and break firebird. I started with $10000 account.
The main feature of firebird is pipstep, and I know firebird works fairly well as a whole with the settings I was using, so I decided to keep the same setting but half the pipstep, to create more trades.
After the first week the float was high, but still booking in pips at an amazing rate. Then the interest rates and NFP news came in and killed some pips, it didn't look very promising. But since then ....... a pip fest.
So conclusion so far is it works very well, but needs more testing especially around news and trend times.
I'd suggest some of you guys start testing with lower pipsteps to create more trades.Ignored
Quoting cgldsmthDislikedskyline - Traderseven didn't allow for breathing room with TP20 SL50 settings from memory.
Mono- pipstep 15? Obviously you'd have to keep lot size very small since the large number of trades would eat margin. (however at this rate we'll all be eating fillet steak for breakfast, washed down with a swig of chateaux Latur)Ignored
Quoting monoDislikedThe settings I use are
EUR/USD TP=22 SL=220 PIPSTEP=11 Daily Avg Range = 110
GBP/USD TP=30 SL=300 PIPSTEP=15 Daily Avg Range = 150
USD/CHF TP=25 SL=250 PIPSTEP=12 Daily Avg Range = 125
EUR/JPY TP=21 SL=210 PIPSTEP=10 Daily Avg Range = 105
USD/JPY TP=20 SL=200 PIPSTEP=10 Daily Avg Range = 100
USD/CAD TP=21 SL=210 PIPSTEP=10 Daily Avg Range = 105
AUD/USD TP=16 SL=160 PIPSTEP=8 Daily Avg Range = 80
EUR/CHF TP=10 SL=100 PIPSTEP=5 Daily Avg Range = 50
EUR/GBP TP=9 SL=90 PIPSTEP=5 Daily Avg Range = 45
AUD/JPY TP=15 SL=150 PIPSTEP=7 Daily Avg Range = 75
I think I start a new test with pipstep set to 5 for all and see where it takes me.Ignored
Quoting BennaDislikedBenQ
Sorry - I have a blond moment here - please help me out...
15 TF - is that timeframe?
30-300-30 - ?
30 - take profit
300 - stop loss
30 - ?
Thanks!Ignored
Quoting YardieDislikedSo we need to find out what news cause the most damage and avoid them then. Maybe the one labelled red on the forexfactory calendar?Ignored
Quoting nvwineDislikedYardie's suggestion of more ram will help the slow computer problem. I did not like the way the EA constantly writes account equity because it fills up the experts log and makes it hard to spot problems and other actions quickly. I just commented out the following line of code in the EA It is the only line of code with the words account equity in it so it is easy to find with the 'find in files' menu option.Ignored
Quoting monoDislikedYardie, with firebird it isn't the news that cause the damage. News just pushes the trade over the edge. Most often than not the trades have been open a while anyway. Its something you cant aviod, at this stage.
Investigation ongoing.Ignored
Quoting skylineDislikedWhat I'm asking is : Traderseven (author of Firebird) will know how well is performing his EA ?? Or maybe he's already a bilionaire $$??Ignored
Quoting YardieDislikedSo we need to close them out just before the news then. But if you can recover like you did through interest and NFP then it may be worth leaving it 24/7 even on a real account. But trending markets would be the killer
unless there is some for of hedging built in.Ignored
Quoting YardieDislikedSo we need to close them out just before the news then. But if you can recover like you did through interest and NFP then it may be worth leaving it 24/7 even on a real account. But trending markets would be the killer
unless there is some for of hedging built in.Ignored
Quoting monoDislikedOk now that 9000 mark has been breached, I'll start revealing some info.
My main aim was to try and break firebird. I started with $10000 account.
The main feature of firebird is pipstep, and I know firebird works fairly well as a whole with the settings I was using, so I decided to keep the same setting but half the pipstep, to create more trades.
After the first week the float was high, but still booking in pips at an amazing rate. Then the interest rates and NFP news came in and killed some pips, it didn't look very promising. But since then ....... a pip fest.
So conclusion so far is it works very well, but needs more testing especially around news and trend times.
I'd suggest some of you guys start testing with lower pipsteps to create more trades.Ignored
Quoting BenQDislikedThat comment is only in one version of v63g that I've seen. Over versions posted throughout this thread do not print the equity. Somewhere along the line someone made that change and it got posted, but it's not part of the original v36g -- if you can even call it original. Lots of hands have had a part in it.Ignored
Quoting monoDislikedIts hard to say, do you close -$3000 in floats and kick yourself when the news is in your favour. Or worse still no market re-action.
The worst culprit is the GBPUSD. Of 561 trades 79 where GBPUSD of which 5 where losses.
Maybe 300 stoploss is not enough.Ignored