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  • #1,621
  • Nov 17, 2006 6:40am Nov 17, 2006 6:40am
Melissa , what TP do u use with 37 PipStep , and do u have the same set for all the pairs .

thank you
  • #1,622
  • Nov 17, 2006 6:47am Nov 17, 2006 6:47am
Quoting dswk
As mine... btw, You could say THANKS to glenn5t ... ;-)
You are right and I have thanked glenn5t. His settings are working for me. I also have thanked Skyline, Mono and everyone else working on or testing Firebird. We have a good little community here. I am also looking forward to the new EA from Skyline which I think is based on Firebird. I am sure it will be great.
  • #1,623
  • Edited 2:56pm Nov 17, 2006 6:48am | Edited 2:56pm
Quoting gico
Melissa , what TP do u use with 37 PipStep , and do u have the same set for all the pairs .

thank you
I am using a 50 pip TP.
  • #1,624
  • Nov 17, 2006 7:35am Nov 17, 2006 7:35am
Quoting traderlismiss
I am using a 30 pip TP.
Hi traderlismiss,
do you kind to to tell me how to set for trading only 1mini or micro lot?
do you know which is good broker to trade micro lot?
thank you in advance for your kind help.
  • #1,625
  • Nov 17, 2006 8:06am Nov 17, 2006 8:06am
Quoting fxpig
Hi traderlismiss,
do you kind to to tell me how to set for trading only 1mini or micro lot?
do you know which is good broker to trade micro lot?
thank you in advance for your kind help.
Go to lots in inputs, and select it and type in .01
  • #1,626
  • Nov 17, 2006 8:56am Nov 17, 2006 8:56am
hello i begun for ca. 3 weeks to read this thread a few times a day when somebody post something new. there are so many settings but only glenn5 post his completly settings in one post, the others say there is in post #1 a bit then u must pipstep set to this and in another post the SL and TP. it is very diffecuilt to test the results for ur version without the feeling to have the right settings. (*.set / compiled version)

greetz
  • #1,627
  • Nov 17, 2006 9:57am Nov 17, 2006 9:57am
Quoting traderlismiss
Go to lots in inputs, and select it and type in .01
Hi traderlismiss,
Does .01 equal to 1,000 of trade value?
thanks
  • #1,628
  • Nov 17, 2006 10:27am Nov 17, 2006 10:27am
Quoting baggermatsch
hello i begun for ca. 3 weeks to read this thread a few times a day when somebody post something new. there are so many settings but only glenn5 post his completly settings in one post, the others say there is in post #1 a bit then u must pipstep set to this and in another post the SL and TP. it is very diffecuilt to test the results for ur version without the feeling to have the right settings. (*.set / compiled version)

greetz
Yes this why is calling it test. u test settings then u find one u like!!!
  • #1,629
  • Nov 17, 2006 11:10am Nov 17, 2006 11:10am
i test this one it, i hope it would go on like this
Attached File(s)
File Type: zip FB.zip   7 KB | 478 downloads
  • #1,630
  • Nov 17, 2006 11:11am Nov 17, 2006 11:11am
Well, I have tried out FireBird version v63G with a bit modification on my own, seems to perform well. So far, 2 trades win with live account

Since, I know programming and a bit of experience in trading forex, I also develop my own EA and also tweaked FireBird v63G with auto increasing lots.
Thanks for having me opportunity to download the software. FireBird's algorithm looks reasonably good technical analysis strategy developed. I really admired the original developer of it. He must know a lot of stuff in forex and each currencies behaviour, I really salute.
By exchanging ideas in this forum, we surely can develop a good and consistent profit of EA that everybody can benefit from, hopefully
-Michael
  • #1,631
  • Nov 17, 2006 11:12am Nov 17, 2006 11:12am
Quoting glenn5t
I started running the ea on a live account after testing it on a demo. I started live on the 2nd October with $275.00 and it now showing a balance of $526.00
Hi Glenn5t, I have been following this thread for a while, and also am running the EA on several Demo accounts, and I think I am going to open a live account. If I followed this correctly, your account is with NorthFinance, correct? Are you satistfied with them, and what leverage did you choose please?

I wanted to thank you, and of course everbody here for the amazing information you provide.

Does it help to fine tune the EA with my test results? I am not sure if you already have enough people 'helping' here.
Steve
  • #1,632
  • Nov 17, 2006 11:45am Nov 17, 2006 11:45am
Hi, Just for New Joiner and Old Dad in Phoenix ;-)
Check this threat and help to make it efficient...

http://www.forex-tsd.com/expert-advi...-post-1-a.html

and this one too
http://www.forex-tsd.com/expert-advi...-post-1-a.html

Means, just post DOC, F.A.Q. and fine tuning and stuff about Phoenix.
NO QUESTIONS in this threat please...

It's a great initiative. (could help for time and no repeating)
  • #1,633
  • Nov 17, 2006 12:05pm Nov 17, 2006 12:05pm
Just wanted to share this statement since Oct 12.

Three pairs. Started with a little over $8000 and trading .3 lots per trade.

I have increased the SL over the course of the time period. M5 charts.

Why in the H#$% doesn't my live account look like this?
Attached File(s)
File Type: zip fb_v63G_TS_nov17AM.zip   7 KB | 562 downloads
Don Life is expensive, but includes a free trip around the sun.
  • #1,634
  • Nov 17, 2006 12:55pm Nov 17, 2006 12:55pm
Quoting traderone
Just wanted to share this statement since Oct 12.

Three pairs. Started with a little over $8000 and trading .3 lots per trade.

I have increased the SL over the course of the time period. M5 charts.

Why in the H#$% doesn't my live account look like this?

Great results traderone. Thanks for sharing.
  • #1,635
  • Nov 17, 2006 1:48pm Nov 17, 2006 1:48pm
Quoting traderone
Just wanted to share this statement since Oct 12.

Three pairs. Started with a little over $8000 and trading .3 lots per trade.

I have increased the SL over the course of the time period. M5 charts.

Why in the H#$% doesn't my live account look like this?
Traderone,
I don't know if this is the actual reason, I posted this today on the Phoenix thread.


As I feel most do, I use the present Strategy Tester and available data to help me develop EAs. Backtest bar data is basic OHLC data. LIve data would contain the interlace movements within each bar. Until LIve tick data is recorded, purchased or made available from Brokers, my confidence in Backtesting is moderate at best. As posted earlier, IBFX Broker plans to offer Live tick data in near fulture.

As important as I feel about using Live tick data to backtest, it is not my only concern. I also see difference from my Demo to Live results on several EAs, including Phoenix and Firebird. I've seen and have been told that after Demo charts are checked to confirm good entry points, that in Live trading more bad entry points are seen. I feel one reason is that Demo order execution is instant and Live trading can have delays many times between order request and order execution. One delay can be whether your Broker is providing tick data feeds direct or through a Trading Desk, and how they filter the data. Another reason is on low volume pairs, Live trades are not executed until minimum volume is accumulated. I don't know what is the minimum volume, but I have manually executed orders and they did not go though and FXDD advise this was the reason.

The slippage variable has no effect in Demo testing, but does on Live trading. Live trading can have either, if slippage too high, order execution to be many pips away from order request. Or miss the order completely, if slippage too low. You do not see these effects in Demo or backtest.

To try to summarize, I think using Live tick data for backtesting is critical, and at present, we will not see identical results between Demo and Live trading.

Everyone should ask their Broker if they have Live tick data feeds now for Strategy Tester. If not, do they plan to offer one soon. If someone finds a Broker providing Live tick data for MT4 Platform Strategy Tester, please post the Broker name.

Well, enough rambling on my part. Everyone have a great weekend.

Wackena
  • #1,636
  • Nov 17, 2006 2:42pm Nov 17, 2006 2:42pm
Another week comes to a end


Firstly thankyou for the kind words. Melissa and dswk...Iam glad I can help.

pipsteve.....my live account is with IBFX..I have a demo with NF..but you must realise that NF use different servers and the one they use for live accounts is more reliable.

for the new people once again: my settings are.....TP 50...TS 20...Pipstop 37...5min charts on a 15 TF.
Three pairs GBP/USD.EUR/USD and AUD/USD...

Once again the week produced 450 pips...with 0 losses and as I write this the float is 7% of the account.

I have now been running live for 7 weeks with no losses....

As I have said before I belive Fire Bird v0.63G-TS has achived my aim which is to maximise returns and minimise risk...

therefore I will stop tinkering with it and now turn my attention to Version 2 on a standard account.

After all the way FBs going we will all be trading Standard accounts in the near furture...

Have a great weekend

Glenn.

  • #1,637
  • Nov 17, 2006 2:43pm Nov 17, 2006 2:43pm
Quoting traderlismiss
Go to lots in inputs, and select it and type in .01
Hi Traderlismiss,
I am also testing v63G-TS and it works very well. Stop is also at 300 and pipstep at 40.
My TP is 50 and TS 30.
If you have TP 30 you don't need TS, so you can switch off TS. or do you use a TS lower than 30?
I am also tested around 10 different versions of FB like v065TF from an other forum, but I think v63G-TS is the best one.

Erkro
  • #1,638
  • Nov 17, 2006 2:46pm Nov 17, 2006 2:46pm
Quoting erkro
Hi Traderlismiss,
I am also testing v63G-TS and it works very well. Stop is also at 300 and pipstep at 40.
My TP is 50 and TS 30.
If you have TP 30 you don't need TS, so you can switch off TS. or do you use a TS lower than 30?
I am also tested around 10 different versions of FB like v065TF from an other forum, but I think v63G-TS is the best one.

Erkro
Hi Taderlismiss,

I got the answer from glenn5T, he wrot at the same time.

Thanks a Lot.

Erkro
  • #1,639
  • Nov 17, 2006 2:49pm Nov 17, 2006 2:49pm
Anybody having trouble running Firebird on Alpari? It has not entered any new trades for the past 2-3 days...all my trades are closed out (in profit). My FXDD accounts are fine.

1 Trader2
  • #1,640
  • Edited 3:05pm Nov 17, 2006 2:53pm | Edited 3:05pm
Quoting erkro
Hi Taderlismiss,

I got the answer from glenn5T, he wrot at the same time.

Thanks a Lot.

Erkro
Thanks and you are right. My TP is set to 50 and I am sorry for incorrectly stating it was 30. I have answered that question too many times in open forum and in pm and made a mistake.

Thanks for pointing this out and I will go back and correct it.

Everyone have a great weekend!
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