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Attachments: Semi automatic EA (Driven Version)
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Semi automatic EA (Driven Version)

  • #801
  • Mar 27, 2009 1:11am Mar 27, 2009 1:11am
Quoting SamuraiPower
Last year I was analysing the EA with many different setting, and i was just backtest it again but still I think MA_timeframe set to 15 is more optimum.

Regards,
Samurai Power
Hello Samurai Power,

Many thanks for taking time to back test again... Yes, I actually put 5 today as test on one of 5 min charts EurUsd and observed an entry, and the result was an entry at a strange point = too early before reaching optimum point by the looks, and while it is just a short trial, I tend to second your test results to set it at 15, even on 5 min chart.

Regarding the MA_type and Incrrement type, which I set at 1 and 0.2 after reading the manual, I would appreciate your thoughts very much. Your setting is: 0 and 0, respectively as I recall.

Thanks in advance. RS
  • #802
  • Mar 27, 2009 1:24am Mar 27, 2009 1:24am
Quoting Namrettik
Will firebird work on JPY pairs?
Quoting bujal38
it looks like the EA not working on Yen pair..e.g Euro/ Yen or GBP/Yen.. or USD/Yen

what's the different between trader seven and H04??
The EA can trade JPY pair also but less trade, so I dont trade JPY.
I found GBP, EUR, USD, CAD, CHF, AUD, are the optimum pair with this EA.
But gasgas attached the EA for JPY pair somewhere around in this thread wich I havent test it, u guys may check it out and test it.

There are no differerent on behaviour and character between, Firebird v63G traderseven, Firebird v63H04 and Firebird v63H04-TS, the only different are:

 

  1. Firebird v63G traderseven: No "Ma Order" and "Trailing Stop" fascility
  2. Firebird v63H04 : has "Ma Order", but no "Trailing Stop" fascility
  3. Firebird v63H04-TS: has both "Ma Order" and "Trailing Stop" fascility

Regards,
Samurai Power

  • #803
  • Mar 27, 2009 1:26am Mar 27, 2009 1:26am
Quoting SamuraiPower
Last year I was analysing the EA with many different setting, and i was just backtest it again but still I think MA_timeframe set to 15 is more optimum.

Regards,
Samurai Power
Hi SamuraiPower

Just wanted to thank you for sharing the trading system and the EA with us. I am setting it up on some charts now and I will be testing it on demo as soon as possible.

Please answer these questions for me:

Are you still trading with it regularly?

Are you still satisfied with your results?

Are you trading a live account with it now?

Thank you in advance for answering these questions.
  • #804
  • Mar 27, 2009 1:34am Mar 27, 2009 1:34am
Quoting RisingSun
Hello Samurai Power,

Many thanks for taking time to back test again... Yes, I actually put 5 today as test on one of 5 min charts EurUsd and observed an entry, and the result was an entry at a strange point = too early before reaching optimum point by the looks, and while it is just a short trial, I tend to second your test results to set it at 15, even on 5 min chart.

Regarding the MA_type and Incrrement type, which I set at 1 and 0.2 after reading the manual, I would appreciate your thoughts very much. Your setting is:...
Anything best for all of us my fren..

Regards,
Samurai Power
  • #805
  • Mar 27, 2009 3:28am Mar 27, 2009 3:28am
Quoting PistolDave
Hi SamuraiPower

Just wanted to thank you for sharing the trading system and the EA with us. I am setting it up on some charts now and I will be testing it on demo as soon as possible.

Please answer these questions for me:

Are you still trading with it regularly?

Are you still satisfied with your results?

Are you trading a live account with it now?

Thank you in advance for answering these questions.
I went first live acc on Mar 2008, after almost 1.5 year learning and observing forex, no spesific trading system, no emotional preparation, and bla..bla...,all I know that I was good on demo with other people trading system, but then I blew my acc, and that happens twice. Newbie syndrome I guess.

Redeposit again after I learn this EA, but I had a little "roller coaster" experience in early trading using this system due to minimum deposit, I didnt have space to breathe, thats why I recommed to u guys having enough deposit and get the feel first before jump to live.
Then I took a little bit conservative style untill now by taking trades only several times a month worth my monthly salary ha..ha.., and i think doubling my real acc in 2.5 month is not bad. No trading for quite some times coz my PDA is still on reparation, I have no tools to control my VPS while i'm out for work, and setting up my small company drains my energy, so no trading while i have no space left on my brain. Overall i am satisfied with the result.

Just want to show u guys the potensial of the EA, I only took a part of the potensial, for u guys having enough deposit, time and the feel to this system then u have enough space to breathe and gain more profitable result. Cheers

Regards,
Samurai Power
  • #806
  • Mar 27, 2009 4:05am Mar 27, 2009 4:05am
I guess you guys didn't see by post about jpy fix version, so I attached it again. Try trading Gbp/Jpy, with this version, its good pair to trade with Firebird, only spreads are little higher.
Attached File(s)
File Type: mq4 FireBird_jpy_fix.mq4   29 KB | 490 downloads
  • #807
  • Mar 27, 2009 5:06am Mar 27, 2009 5:06am
Quoting sergiel
Basically they are all default except:

Tp = 100
SL = 300
Percent = 0.1
MA timeframe = 5
Ma type = 1
Increasement type = 0.2
max orders = 5

Cheers
Hi all, just finished reading this great thread and thanks to Samurai for starting it and to everyone for all the hard work done with this very interesting EA.

Sergiel,
I'm interested to see you are using an increasement value; I would see this variable as being useful for preventing too many orders being placed in the 'wrong' direction if the trend reverses against the user (when both long and short orders are used) whilst Max Orders controls the total live orders placed.
As we are driving the EA, our oders are all placed on the retracement and total orders are controlled by Max Order variable so I'm curious as to why you see this as necessary with this method?
My back testing agrees that MA tf = 5 & MA type = 1 seems to be the optimised settings but I've only done this on G/U & E/U, my favourite pairs.
You don't have to be right, just don't be too wrong
  • #808
  • Mar 27, 2009 5:35am Mar 27, 2009 5:35am
Quoting El Dee
Hi all, just finished reading this great thread and thanks to Samurai for starting it and to everyone for all the hard work done with this very interesting EA.

Sergiel,
I'm interested to see you are using an increasement value; I would see this variable as being useful for preventing too many orders being placed in the 'wrong' direction if the trend reverses against the user (when both long and short orders are used) whilst Max Orders controls the total live orders placed.
As we are driving the EA, our oders are all placed on the retracement...
Is the max orders (per) currency pair or total orders for all charts open with the ea running on them. Also, if increasement is set to zero, does that mean that the increasement feature is off.
Goal #1 Make Money, Goal #2 Don't Lose Money, Goal #3 Remember Goal #1
  • #809
  • Mar 27, 2009 5:48am Mar 27, 2009 5:48am
Quoting RisingSun
The manual says:

MA_type
[i][color=blue]- Type...
I was refering to the programming text within the EA. I opened up the EA with the editor and this is what is written.

extern int MA_length = 10;
extern int MA_timeframe = 15; // hdb did I add this ? lol
extern int MAtype = 0; //0=close, 1=HL
extern double Percent = 0.05;
extern int TradeOnFriday = 1; // >0 trades on friday

I assumed it meant close- when candle closed vs High/low of the candle. I don't know for sure was just asking.
Goal #1 Make Money, Goal #2 Don't Lose Money, Goal #3 Remember Goal #1
  • #810
  • Mar 27, 2009 5:51am Mar 27, 2009 5:51am
Quoting Namrettik
Is the max orders (per) currency pair or total orders for all charts open with the ea running on them. Also, if increasement is set to zero, does that mean that the increasement feature is off.
In the Firebird manual it states that if Increasement is set to Zero then it just uses Pipstep.
I assume (but would be glad if someone knows for sure) that max orders is just for the chart that the EA is loaded on
You don't have to be right, just don't be too wrong
  • #811
  • Mar 27, 2009 5:55am Mar 27, 2009 5:55am
I am wanting to know what setting most is using for the Divergence Limit Setting. The default for the V63G is .005 and the default for the V63H is .002.

use 63D_Divergence is set to True on the V63G default and set to False on the V63H04 version. What does this mean and how does it affect the EA.
Goal #1 Make Money, Goal #2 Don't Lose Money, Goal #3 Remember Goal #1
  • #812
  • Mar 27, 2009 6:01am Mar 27, 2009 6:01am
Max order is the maximum open order per pair, I think its nescesary to prevent continuing open order when u against the market.
If increasement is set to zero, it means that the increasement feature is off.
Not sure bout Ma_type but all I know the result is like this.

Backtest for 1 month period on Aug 2008, GBPUSD pair, TP 100pips, short only, other setting is default

MA timeframe = 15
Ma type = 0
Result: 3009pips

MA timeframe = 15
Ma type = 1
Result: less than 3009pips

MA timeframe = 5
Ma type = 0
Result: less than 3009pips

MA timeframe = 5
Ma type = 1
Result: less than 3009pips

Regards,
Samurai Power
  • #813
  • Mar 27, 2009 6:08am Mar 27, 2009 6:08am
Quoting Namrettik
I am wanting to know what setting most is using for the Divergence Limit Setting. The default for the V63G is .005 and the default for the V63H is .002.

use 63D_Divergence is set to True on the V63G default and set to False on the V63H04 version. What does this mean and how does it affect the EA.
Dont know for sure, I just pick the setting wich gives better result, i set it to "true"

Backtest for 1 month period on Aug 2008, GBPUSD pair, TP 100pips, short only, other setting is default

Divergence Limit = 0.005
Result: 3009pips

Divergence Limit = 0.002
Result: 2170pips

Regards,
Samurai Power
  • #814
  • Mar 27, 2009 6:12am Mar 27, 2009 6:12am
Overall my setting never change. I'll try to put my set file on my first post so u only have to upload it without setting the parameter one by one. Since we cant upload set file in this forum so I'm gonna compress it in zip file, hopefully there will be no problem.

Regards,
Samurai Power
  • #815
  • Mar 27, 2009 6:20am Mar 27, 2009 6:20am
Upz i cant upload it in my first post, 7 file max per post reached. I'll post it here. Fyi this set file is for 5 digit platform, for 4 digit just adjust it a little bit.

Regards,
Samurai Power
Attached File(s)
File Type: zip Set file.zip   < 1 KB | 583 downloads
  • #816
  • Mar 27, 2009 6:24am Mar 27, 2009 6:24am
Look the daily GBPUSD chart below, this is why I love to trade this pair, nice up and down wave its easy to read.

Regards,
Samurai Power
Attached Image (click to enlarge)
Click to Enlarge Name: chart.gif Size: 18 KB
  • #817
  • Mar 27, 2009 6:27am Mar 27, 2009 6:27am
Quoting Namrettik
I was refering to the programming text within the EA. I opened up the EA with the editor and this is what is written.

extern int MA_length = 10;
extern int MA_timeframe = 15; // hdb did I add this ? lol
extern int MAtype = 0; //0=close, 1=HL
extern double Percent = 0.05;
extern int TradeOnFriday = 1; // >0 trades on friday

I assumed it meant close- when candle closed vs High/low of the candle. I don't know for sure was just asking.
Thanks for the clarification. I didn't notice there was such a note (//0=close, 1=HL )in the source. Besides, I am not a programmer and so I don't understand most of the code ...

However, 0=close (of last bar) usually equals to open of current bar. So these two expressions should be understood to mean the same thing. And 1=HL means high and low of last bar. Thus the manual and the note in the program should be interpreted to mean the same thing:

MA_type
- Type 0 calculates its bands using the current bars open.
- Type 1 uses previous bars high for the upper band and previous bars low for the lower band.
- Type 1 trades a little less that Type 0 but it's entries are usually closer to the reversal point.
- So:Type 0: More less certain trades.Type 1: Little less trades that are more certain. With better potential for trailing stops.

Hope I am right... RS
  • #818
  • Mar 27, 2009 6:48am Mar 27, 2009 6:48am
Quoting RisingSun
Thanks for the clarification. I didn't notice there was such a note (//0=close, 1=HL )in the source. Besides, I am not a programmer and so I don't understand most of the code ...

However, 0=close (of last bar) usually equals to open of current bar. So these two expressions should be understood to mean the same thing. And 1=HL means high and low of last bar. Thus the manual and the note in the program should be interpreted to mean the same thing:

MA_type
[i][color=blue]- Type...
Thanks for the insight. I will experiment with both of them. I have been using the setting = 0 so far with good results.
Goal #1 Make Money, Goal #2 Don't Lose Money, Goal #3 Remember Goal #1
  • #819
  • Mar 27, 2009 6:54am Mar 27, 2009 6:54am
Quoting SamuraiPower
Dont know for sure, I just pick the setting wich gives better result, i set it to "true"

Backtest for 1 month period on Aug 2008, GBPUSD pair, TP 100pips, short only, other setting is default

Divergence Limit = 0.005
Result: 3009pips

Divergence Limit = 0.002
Result: 2170pips

Regards,
Samurai Power
I guess every backtest period will generate different results:
G/U from 11/3/09 - 20/3/09 (which includes a trend reversal period)
Divergence set to 'False': 1891 pips
Div 'True' and set to 0.002: 1554pips
Div 'True' and set to 0.005: 1397pips

I suppose as the market changes, optimum settings will constantly change too.
You don't have to be right, just don't be too wrong
  • #820
  • Mar 27, 2009 6:58am Mar 27, 2009 6:58am
Quoting SamuraiPower
Look the daily GBPUSD chart below, this is why I love to trade this pair, nice up and down wave its easy to read.

Regards,
Samurai Power
How are you SamuraiPower
Tips (excessive loss!) That adjust the parameters?
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