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Firebird EA, please test this one, it is one of the greats 1,228 replies

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Attachments: Firebird EA - fixed version -
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Firebird EA - fixed version -

Another update? Sorry, but I can't help myself. Here are my results for the week using fb v63-ts.

Total pips closed - 439
Total open - 125 - all are negative, one open sell order at -96 from 9/12, opened just before the chf went wild high

Success rate - 71.5% orders closed at the moment, but 3 of the 4 open trades could close early next week

Balance increase - +13.74% total - +9.25% if I closed all open orders.

Let's see what next week will bring, we have some big news events coming up. I tried this week to turn this beast off during news releases and turn it back on after the dust settles, such as today. FB closed 4 orders today for 99 pips after the news with only 1 order open. Not bad at all.
Here is my update for the last 5 weeks with a real account.
125 trades, 124 wins with my first loss [Swissy]. Trading with 63G on Mono's setting except for the TS set on 20 now. My pairs are still the same [see earlier post]. Graph enc. showing the account from $5 K to over $6k in that time. BTW; If my S/L was 315 [instead of 300] I would have been OK in this trade. 5 mins after beeing stopped out, the market turned back down.... But that's trading!!
Attached Image
Quoting Labrat407
I have tried out the original FB 63G. With Mono's basic settings.
USD/CAD, USD/CHF, EUR/USD, GBP/USD. I used .02 lots per 100 in the account. I increased the lots on the best pairs, then on all others, until they were the same then increased agin like that as $ allowed.

I have posted my results below. I have also included my settings and a template. I really got the EA to the settings I liked after the 19th trade. I also made one trade on the account by accident. I do not know if my results are typical. I took a $500 USD Demo up to $1650 in a month. I only had one real FB loss. The others were from my tweaking or tests early on.

I did not really have a bad week in the last month. I hope this helps. I am using IBFX and this account expires in a day or two, so I am posting now while I can get a good report.

Labrat407
Labrat407,

THATS AMAZING RESULTS !!

Please tell me what was your chart timefrime (M1 or M5). If M5 i can imagine those results are typical...

Thanks,

mr.trader
Quoting blewmoon
Here is my update for the last 5 weeks with a real account.
125 trades, 124 wins with my first loss [Swissy]. Trading with 63G on Mono's setting except for the TS set on 20 now. My pairs are still the same [see earlier post]. Graph enc. showing the account from $5 K to over $6k in that time. BTW; If my S/L was 315 [instead of 300] I would have been OK in this trade. 5 mins after beeing stopped out, the market turned back down.... But that's trading!!
Well done,

The swissy is the safest and most profitable pair with firebird, my live account is growing by about 10% per week trading just that pair.
Mono
PS; I have 2 live accounts using Firebird [spreading it around!!] and I find 63G T/S the best at the moment and my O/T are very small [at present].

But this week on a DEMO I used the 'fixed' version of 63H03. From Wednesday until Friday inc, the results are pretty good including trading with Cable and its derivaties.

About $4K nett with one contract [not mini] with 32 wins and no loss...
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blewmoon, I noticed you are using the v63-ts version, so am I. I really like the trailing stop. Care to share your settings?



Quoting blewmoon
PS; I have 2 live accounts using Firebird [spreading it around!!] and I find 63G T/S the best at the moment and my O/T are very small [at present].

But this week on a DEMO I used the 'fixed' version of 63H03. From Wednesday until Friday inc, the results are pretty good including trading with Cable and its derivaties.

About $4K nett with one contract [not mini] with 32 wins and no loss...
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Firebird 63H03?
I follow this and the original firebird thread and haven's seen H03

Where can I find it blewmoon and what setting do you use?

This week looks great for FB( unlike last week )
No matter what settings you use, FB looks like a winner this week.
But I won't trust my hard earned $$$ to it anymore after it burned me that bad last week.
stay away from cable humax and you should be ok. that's what killed me last week. I used eur/usd, usd/chf, and usd/cad this week and had no problems.



Quoting humax
Firebird 63H03?
I follow this and the original firebird thread and haven's seen H03

Where can I find it blewmoon and what setting do you use?

This week looks great for FB( unlike last week )
No matter what settings you use, FB looks like a winner this week.
But I won't trust my hard earned $$$ to it anymore after it burned me that bad last week.
I think the 63H03 is here;
http://www.accrete.com/fx-mirror/mt4-firebird/
Here are the settings I use
Attached File(s)
File Type: txt 63gtsA.txt   < 1 KB | 400 downloads
A little different than I have. Thanks. I have been using a 5 min chart this week. Seems to filter some noise. I noticed you lowered the tp from 50 to 28. Any reason for that?
Quoting blewmoon
Here are the settings I use
coolhand,

Now I can't think why I reduced it. Was it because Mono suggested a 30p target and I had seen the market 'struggling' around that level in obsevations? Who knows why a trader does these things [with out clear testing]....
Gia and Mr T.,

I am using the M1 timeframe. I have included my settings and a template file. You will need the original FB63G.


Labrat407
Quoting mono
Well done,

The swissy is the safest and most profitable pair with firebird, my live account is growing by about 10% per week trading just that pair.
Wow Mono.

Wonder what I've done wrong. The last two weeks I've lost 12% of my live account mostly on the USDCHF! And you've gained 10%. Hmmmm. Even more to puzzle over.
Don Life is expensive, but includes a free trip around the sun.
This week, my losses were on the USD/CHF. Would like to know what FB version and settings being used.

Quoting traderone
Wow Mono.

Wonder what I've done wrong. The last two weeks I've lost 12% of my live account mostly on the USDCHF! And you've gained 10%. Hmmmm. Even more to puzzle over.
My tests this week on FB were break even for the most part on 63g/63g-TS, up a couple hundred pips net for the week with all trades closed out on friday. The bigest looser for me was the H test with -600 pips. I was on 5m charts on the EurUsd/UsdCad/UsdChf.

Crazy stuff. And you'll be happy to know that on my 63g 30-300-30 backtest w/Alpari 1m data from Fall of 2004 to present we'd only be down 3k in your original 10k account...haha. At least we could still trade another day ; )

What to do, what to do.
Quoting blewmoon
Here is my update for the last 5 weeks with a real account.
125 trades, 124 wins with my first loss [Swissy]. Trading with 63G on Mono's setting except for the TS set on 20 now. My pairs are still the same [see earlier post]. Graph enc. showing the account from $5 K to over $6k in that time. BTW; If my S/L was 315 [instead of 300] I would have been OK in this trade. 5 mins after beeing stopped out, the market turned back down.... But that's trading!!
this is unfair, i were testing v1.0a v1.0c, had several loss the week after NFP.

so, 63g-ts version is the best after all ?

~Just a suggestion,

could we make firebird increase it's lot size every 4 open trades?

the most latter opened position would be the most possibles winning trades, right?

anyone can make such version of firebird?


Life goes on
Chad
Hello, I am using the demo, the firebird and will be live trading it in a month.

I setup the demo account at $250, as I will go live with that amount too...

Now, the question is: Is there a way to limit the number of open trades, or there is no need to do that?... As I saw in a previous demo, it always generates signals. Is there a need and way to limit the open signals, or let it open as many trades as it can?..

What is the most beneficial and efficient limit?...

I mean a money management (%) only for version 1.0a, not c or 0.63....

Thank you,

E Gw
Going over my statements of the last couple weeks using the 5m charts it appears there were no major bloopers/hiccups during any of the big moves. I am wondering (since i had no 1m tests open), if ppl in general are seeing a benefit (TraderOne thanks for your input and testing on the 5m charts!) to the slightly larger time frames? Wakena? Mono? anyone else have a feeling for them yet other than what has been contributed already?

: ) Thom
Hi guys ..

could anyone plz tell me the use of FireBird Safe Area ?? And how to read it ?!
reply plz either with an answer or tell me where can i find a guide to read about it .

Thanx a lot guys .
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