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Firebird V1.0 an amazing EA !

  • #21
  • Sep 21, 2006 8:22pm Sep 21, 2006 8:22pm
Account equity

I have this alert in Expert Tabs in MT4. Account equity: xxxx.xx (a diferent number every time).

Is this affecting my EA? Because I have a few on my charts but nothing is going on. I been waiting almost 3 days.

How can i fix this problem. I cant make the EA deal.
I selected live trading on the EA setup and in the options section of Experts.

Please I need some help. Thank you
  • #22
  • Sep 21, 2006 8:49pm Sep 21, 2006 8:49pm
Account equity

I have this alert in Expert Tabs in MT4. Account equity: xxxx.xx (a diferent number every time).

Is this affecting my EA? Because I have a few on my charts but nothing is going on. I been waiting almost 3 days.

How can i fix this problem. I cant make the EA deal.
I selected live trading on the EA setup and in the options section of Experts.

Please I need some help. Thank you
  • #23
  • Sep 22, 2006 4:53am Sep 22, 2006 4:53am
Quoting pocoso
Account equity

I have this alert in Expert Tabs in MT4. Account equity: xxxx.xx (a diferent number every time).

Is this affecting my EA? Because I have a few on my charts but nothing is going on. I been waiting almost 3 days.

How can i fix this problem. I cant make the EA deal.
I selected live trading on the EA setup and in the options section of Experts.

Please I need some help. Thank you
Sure, this is from the EA... please post a screen shot so may i can help you ...

mr.trader
  • #24
  • Edited Jan 29, 2007 12:12am Sep 22, 2006 3:16pm | Edited Jan 29, 2007 12:12am
hi. Here is my reply.

I been having this problem. The Ea is not dealing. I did change the server now I am in FXDD and I open an demo account with 3000 and 1:25 leverage.
I did select the live trading option in the option section and in the the EA.

I havent change anything on the EA code and I have wackena settings for the 15 minutes time frame in v63g.

Now I want test is and others EAs but it have been alsmost imposible I been trying but nothing for weeks except for one deal on six different currencies.

I know this weird because I had download a few detailed statement
and I can see many trades in one week or two. But I am having only one in a short time frame as 15 min.

I believe it have be some problem with ACCOUNT EQUITY.

well thanks Mr. Trader for help me out. I been reading your post and thanks for sharing.

I HOPE SOMEBODY CAN HELP ME.

I put a pics below if is not display please check this url. I uploaded.

http://www.freewebs.com/pocoso/Eapocosoproblemone.JPG

Thank you very much

{ Image deleted. Please post again 600 x 600 size. Thanks}
  • #25
  • Edited 7:17am Sep 23, 2006 6:42am | Edited 7:17am
Quoting pocoso
hi. Here is my reply.

I been having this problem. The Ea is not dealing. I did change the server now I am in FXDD and I open an demo account with 3000 and 1:25 leverage.
I did select the live trading option in the option section and in the the EA.

I havent change anything on the EA code and I have wackena settings for the 15 minutes time frame in v63g.

Now I want test is and others EAs but it have been alsmost imposible I been trying but nothing for weeks except for one deal on six different currencies.

I know this weird because I had download a few detailed statement
and I can see many trades in one week or two. But I am having only one in a short time frame as 15 min.

I believe it have be some problem with ACCOUNT EQUITY.

well thanks Mr. Trader for help me out. I been reading your post and thanks for sharing.

I HOPE SOMEBODY CAN HELP ME.

I put a pics below if is not display please check this url. I uploaded.

http://www.freewebs.com/pocoso/Eapocosoproblemone.JPG

Thank you very much
Hi !

May be the problem is your account... 3000$ 1:25 means when you open a minilot (10.000) position your margin requirement is 2500 $ so it could open only ony one position...

So that couldnīt work... i donīt know exactly but i think most versions have a margin level protection in code... (havenīt check the code yet)

So what can you do ?? Open a demo with 5k with minimum 1:100 or better higher leverage so you donīt get problems with it. For live trading is also possible to trade with smal accounts, but you should choice Interbank FX

You should overall choice them, tight spreads low margin requirement, can trade micro lots (1.000), fast helpdesk... and do on... i trade since 2003 with them, never had any problems... simple the best this guys

If this all not works i attach you my live Version from the FB, i trade the V63G-TS live and realy works great, set the chart timefrime to 5min, not to one min chart...

Also look for ranging pais like the .... NOT GBP/USD, JPY and CHF... They kill you ...
Trade only 1 minilot (0.1 lot) per 2500 and max 4 pairs, i would say the CHF/JPY - EUR/GBP - EUR/USD - USD/CHF... if you have a 5k account set lotsize for every pair to 2 minilot (0.2 lot) - those 4 pairs - and donīt forget, 5M charting, not M1 - donīt change any settings in the EA, only T/S and T/P for the CHF/JPY 20 T/S and 40 T/P, same on EUR/GBP

If you follow my instructions you will have low floating, very good entrys and from 40 - 60 % monthly return on the saver side of (Traders) live
The highest float iīve ever seen with this settings on 5 k account was 1150$, weekly booked profit about 600 - 900 $... I know this EA can double your account all 2 - 3 weeks, but attention, this is a very dangerous gamble... better forget it...

But also donīt forget, a trend like this one in april 06 can hut him hard, so donīt start and leave, always be wakeful, the nex trend comming, nobody knows yet when it happends...

Hope this helps,

mr.trader
Attached File(s)
File Type: mq4 Firebird v63G-TS.mq4   27 KB | 1,512 downloads
  • #26
  • Sep 23, 2006 1:10pm Sep 23, 2006 1:10pm
well thank you for reply my post. I did open an demo account with Interbankfx soon I want go live.

I would like your settings

------------ USER INPUT
MA_length = 10;
MA_timeframe = 30; What Time frame do u use?
MAtype = 0;
Percent = 0.1;
TradeOnFriday = 1;
slip = 100;
UseMM = 1;
Risk = 5;
Lots = 0.01;
TakeProfit = 50;
Stoploss = 300;
TrailingStop = 30;

Fast_Period = 23
Fast_Price = 1
Slow_Period = 84
Slow_Price = 1
DivergenceLimit= 0.002;
Use_V63D_Divergence = 1; (true)?? Are you using true or false?

PipStep = 40
IncreasementType = 0.0

DVLimit = 10
PipsGoal = 500
PipsLoss = 500
GMT: 0
DST: 0
Openning Hour: 0
Close Hour: 24
writelog: 0


Any thing else please let me now
thank you very much really appreciate Mr trader

pocoso
  • #27
  • Sep 26, 2006 12:00pm Sep 26, 2006 12:00pm
Quoting pocoso
well thank you for reply my post. I did open an demo account with Interbankfx soon I want go live.

I would like your settings

------------ USER INPUT
MA_length = 10;
MA_timeframe = 30; What Time frame do u use?
MAtype = 0;
Percent = 0.1;
TradeOnFriday = 1;
slip = 100;
UseMM = 1;
Risk = 5;
Lots = 0.01;
TakeProfit = 50;
Stoploss = 300;
TrailingStop = 30;

Fast_Period = 23
Fast_Price = 1
Slow_Period = 84
Slow_Price = 1
DivergenceLimit= 0.002;
Use_V63D_Divergence = 1; (true)?? Are you using true or false?

PipStep = 40
IncreasementType = 0.0

DVLimit = 10
PipsGoal = 500
PipsLoss = 500
GMT: 0
DST: 0
Openning Hour: 0
Close Hour: 24
writelog: 0


Any thing else please let me now
thank you very much really appreciate Mr trader

pocoso
Hi pocoso,

I use 30 min timeframe for the 63g-TS Version, 15.min is more agressive, i donīt think it can alive on the long run...

Divergence 1 means that the iFX Analyzer is set to true, donīt change it !!

Hope that helps,

mr.trader
  • #28
  • Jan 26, 2007 1:37pm Jan 26, 2007 1:37pm
Hi, mr Trader, since you are an experienced trader of this EA I'd like to ask you a question: I am starting with this and noted there are several versions of FB. I wonder which one should I pick to start demoing. (which one do you use live?) thank you.
  • #29
  • Jan 26, 2007 3:26pm Jan 26, 2007 3:26pm
Quoting mr.trader
Hi pocoso,

I use 30 min timeframe for the 63g-TS Version, 15.min is more agressive, i donīt think it can alive on the long run...

Divergence 1 means that the iFX Analyzer is set to true, donīt change it !!

Hope that helps,

mr.trader
So timeframe is 30min? 4 posts above this one, in a reply to Pocoso, you said timeframe is 5min. Was that a typo? Thanks a lot.
  • #30
  • Jan 28, 2007 11:36pm Jan 28, 2007 11:36pm
I've had it running for about 10 hours - still nothing. Maybe that's normal. It's running on EURUSD and USDCHF. The divergence on EURUSD is 0.0049 and on USDCHF it's 0.0053. When should I expect to see open orders? Is the timeframe 30min or 5min? The default in the EA is 30, but in an earlier post you said to use 5. Thanks a lot.
  • #31
  • Jan 29, 2007 12:03pm Jan 29, 2007 12:03pm
Quoting locutus
I've had it running for about 10 hours - still nothing. Maybe that's normal. It's running on EURUSD and USDCHF. The divergence on EURUSD is 0.0049 and on USDCHF it's 0.0053. When should I expect to see open orders? Is the timeframe 30min or 5min? The default in the EA is 30, but in an earlier post you said to use 5. Thanks a lot.
Hi,

There are some big threads about Firebirds such as this

http://www.forexfactory.com/showthre...light=Firebird

and this
http://www.forexfactory.com/showthre...light=Firebird

I think people wrote ample of great information there, so you can find answers to all your questions.

BTW the higher timeframe you use and the greater Percent value you put in the less number of orders you get and vice versa. But on higher timeframes the noise is less, consequently your risk will also be less.

Now I also run a copy of Firebird again and it has no orders today. I currently use M15 timeframe and Percent = 0.23.

There are almost endless number of variations with the settings of Firebird. Every tester tries to find one combination that most suit her/him.

Hope this helps.
  • #32
  • Edited Feb 1, 2007 1:06pm Jan 29, 2007 12:18pm | Edited Feb 1, 2007 1:06pm
firebird or phoenix?
What is the las version?

Kind regards,
Marcelo Marques
_______________________________________
  • #33
  • Edited 5:55pm Jan 30, 2007 5:24pm | Edited 5:55pm
Quoting A1Cruiser
BTW the higher timeframe you use and the greater Percent value you put in the less number of orders you get and vice versa. But on higher timeframes the noise is less, consequently your risk will also be less.

Now I also run a copy of Firebird again and it has no orders today. I currently use M15 timeframe and Percent = 0.23.
I will look through those threads when I have more time. Are you using those settings - M15 and 0.23 - in a live account? What is your weekly or monthly ROI and what percentage of your balance is DD? Thanks a lot.
  • #34
  • Last Post: Jan 31, 2007 4:07am Jan 31, 2007 4:07am
Quoting locutus
I will look through those threads when I have more time. Are you using those settings - M15 and 0.23 - in a live account? What is your weekly or monthly ROI and what percentage of your balance is DD? Thanks a lot.
Well, looking through those threads is very time consuming.

No, I am testing Firebird, I have not had the braveness to go live with it. Last summer and early autumn I tested it heavily and I experienced too much float. So, I did not find the right settings.

Now I thought again to start testing with a slightly modified not really free version. Some results of that are to be seen on the image attached. (I am testing several programs on the same account, the clear figures show Firebird results.)
Attached Image
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