Quoting traderlismissDislikedJust my 2 cents. I have 2 firebird demo accounts and both are doing very well. I posted the results from one earlier today and we'll say that is my 1st account. My second account has been running for a few more days and has Skyline's settings of 30-300-30. This account while generating a bit more profit has a much higher float. With glenn5t's settings I have about a 10% of profit float, while the skyline settings have about a 30% of profit float. Bottom line is, neither account has had a single loss. Both accounts have a good profit. So i guess my point is, if you are not worried about the margin you could use skyline's settings and have just a bit more profit. If however like most of us you are concerned about the float, I suggest glenn5t's settings. With the small float that I have in account 1, I am thinking about trading an additional pair. Not endorcing anything, just my 2 cents.
ThanksIgnored
i'm happy that you are enjoying 'my' settings (that are original Momo's settings)
Anyway I didn't have a float loss so high with those settings 30-300-30, my Firebird float loss is about 1400$ (14% account) using M30, may be are you using a lower timeframe or a lot of pairs ??
I only can say that using Firebird based EA that is a counter-trend system isn't so simple , we have to be trained because we have for long time those negative float number that hurts our eyes, hour after hour. But as far as I can see this system seems robust and affidable in the long run and I'd like to leave my Firebird demo running for at last a year to see how powerful could be in (almost) every market conditions.
Only time will say if Firebird is THE EA ...