maybe I will have to post my FB file....
I have posted my setting in a earier post.
I have posted my setting in a earier post.
- #1,402
- Oct 27, 2006 2:27pm Oct 27, 2006 2:27pm
maybe I will have to post my FB file....
I have posted my setting in a earier post.
But by looking at your statement, I should be able to do it 
Rusty
Is there brokers that don't charge for swap ?
did you really mean 3500 SL? What TP and pipstep settings?
MA_timeframe=30
Percent=0.1
Takeprofit=35
Stoploss=3500
Pipstep=35
Glenn, nice dude
- #1,404
- Oct 27, 2006 2:52pm Oct 27, 2006 2:52pm
thanks humax.
I saw the settings, I'll give them a try next week. Do you change anything else. Like I said my FB got stuck in 3 trends USDCHF, EURUSD and USDCAD. So right now I have a big hole to crawl out of. But by looking at your statement, I should be able to do it
Rusty
no I use the file I downloaded and just adjust the lot size....and i run it on a 5min tf...after backtesting the 5 min tf return the best results....
I saw the settings, I'll give them a try next week. Do you change anything else. Like I said my FB got stuck in 3 trends USDCHF, EURUSD and USDCAD. So right now I have a big hole to crawl out of.
But by looking at your statement, I should be able to do it Rusty
no I use the file I downloaded and just adjust the lot size....and i run it on a 5min tf...after backtesting the 5 min tf return the best results....
, last two weeks hammer my FB also.
humax your modeling quality is a dismal 25%...can't rely on that!
btw. this backtest was done with Alpari. Alpari uses 70k instead of 100k for whole lot. Mini would be 7k instead of 10k. That's the reason that 35pips tp is not 35$ but $24.50. So compare this backtest with others using 0.7mini lot.
edit: got confused with other backtest of mine. Correction.
:
thanks humax.
I saw the settings, I'll give them a try next week. Do you change anything else. Like I said my FB got stuck in 3 trends USDCHF, EURUSD and USDCAD. So right now I have a big hole to crawl out of.
Rusty
no I use the file I downloaded and just adjust the lot size....and i run it on a 5min tf...after backtesting the 5 min tf return the best results....
adjusting the lot size, dont u think it's a bit too risky ?
but your float is extremely lower that usual. Have you experience margin call before ? i think i need to follow your pathway. Trading GBPUSD with firebird in such a success, unbelievable.
Thanks.
Chad,
- #1,414
- Oct 28, 2006 8:35am Oct 28, 2006 8:35am
chad
yes i am familiar with margin calls...i have been trading for around five years..let me explain my plan is based on a mini account and i have taken into account the cost of a lot x 12 and a surplus for the positions to move.So far I have been well within the amount required.
Remember Iam running only 3 pair.the most positions I have had opened at any one time was 10....and that happened once.
remember I have changed my pipstep..therefore I have reduced the amount positions the ea will open.
I think there is a version of FB that has Max Open Orders built into it. i am not sure if you have seen that, but from the looks of your statement, I don't think you need it. I do have to say that right now I am concerned about running GBPUSD on my FB, only do to the fact that I am in a small hole as far as float is concerned. Which I am hoping that this comming week will fix
, but we will see. Since you say USDCHF work well on the 5M I am going to start there, with small lot sizes, untill my account gets built back up. I have to thank you for the help, I agree I think FB is a great EA, and with some refining it can be even better. I have been fiddeling with a money management routine that should help prevent blowing up an account, but that is a slow work for me. (Right now day job comes first).Thanks again
Rusty
- #1,418
- Oct 28, 2006 4:11pm Oct 28, 2006 4:11pm
- | Joined Dec 2005 | Status: It's only money | 1,413 Posts
TRADE FOR SWAP
- #1,419
- Oct 29, 2006 7:37pm Oct 29, 2006 7:37pm
Hey everybody,
as we all know it is best to avoid the pair gbpusd with Firebird.
However, when backtesting FB, gbpusd is the best pair if you use 3500sl or no sl at all.
Result of backtesting for the past 2 years: 2619 wins/0 loss! (ok, none hit sl, just got stopped out at the end of test.)
10k account using mini turns into near 40k.
So I have been testing it for a month now live with microlots.
Results are 16 wins/0 loss and 1 floating -36 pips.
There should be more trades, but I had problems with the EA shutting down after reconnecting to the server.
I didn't pay much attention to it because it is only microlot and the good part of that is that I didn't interfere.
So now I am considering opening a swapfree acount to let the trades run without having to worry about the swap.
Happy trading
Dont believe your baktest results..............anything lower then 90% accuracy is complete garbage......I used to backtest and compare results with a live account and most of the time the results did not match
Dont believe your baktest results..............anything lower then 90% accuracy is complete garbage......I used to backtest and compare results with a live account and most of the time the results did not match
But you want 90%, so this one is for you.
Anyway, it is still a backtest. I only trust my own actual tradings.
