Firebird EA, please test this one, it is one of the greats | Page 7 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Firebird EA - fixed version - 2,217 replies

Anyone Can help me about Firebird EA ,please!!! 0 replies

Firebird V1.0 an amazing EA ! 33 replies

Going live with Firebird 38 replies

My firebird is a roast cornish game hen 3 replies

Attachments: Firebird EA, please test this one, it is one of the greats
Exit Attachments

Firebird EA, please test this one, it is one of the greats

  • #121
  • Jun 9, 2006 9:23am Jun 9, 2006 9:23am
Okay - I just looked at the settings and the 1st has a time frame of 30, while the second has a timeframe of 15. This would indicate that trades were based on these timeframes not the 1M chart.

Secondly for everyone - MAtype in both cases was 0.
  • #122
  • Jun 9, 2006 9:24am Jun 9, 2006 9:24am
Quoting wackena
For last 3 days, I have been testing Firebird v63g on 4 charts eur/usd, gbp/usd, usd/jpy & usd/chf with the attached setting files. In the 1st settings file ,I dropped the Percent down to 0.05 on M1 chart. It has produced consecutive win runs of 54, 58 & 72 before a loss trade. The problem is with wide price shifts. The 1st set of settinggs can produce as many as 14 open trades on 1 chart and with a big change in price in the wrong way can result in a hugh loss that eliminates any gains. I modifed the settings to the 2nd settings file and so far the number of open orders has decreased, with average 3 to 7 total open trades, and, since yesterday at 18:00 GMT, I have had 38 consecutive wins and no losers. It also survived the 12:30 GMT price swing this today.

As stated many times on this thread, Firebird can make money, but it can also lose money if not watched carefully.1st set

Wackena
Could you please post a statement of your trades.

Thanks!
  • #123
  • Edited 11:47am Jun 9, 2006 11:32am | Edited 11:47am
Quoting lonespruce
Could you please post a statement of your trades.

Thanks!
Attached is DetailedStatement. First 2 trades were manually closed from old settings to start 2nd set.

Wackena
Attached File(s)
File Type: zip DetailedStatement v63g set 2.zip   9 KB | 589 downloads
  • #124
  • Jun 9, 2006 11:57am Jun 9, 2006 11:57am
Quoting wackena
Attached is DetailedStatement. First 2 trades were manually closed from old settings to start 2nd set.

Wackena
backtest it on any pair on 2 year real quotes.
  • #125
  • Jun 9, 2006 12:00pm Jun 9, 2006 12:00pm
Quoting piccolo
backtest it on any pair on 2 year real quotes.
Don't you consider the forward test to be better?
  • #126
  • Jun 9, 2006 12:04pm Jun 9, 2006 12:04pm
Quoting piccolo
backtest it on any pair on 2 year real quotes.
I've never had great confidence in backtesting. Do you? Please advise your experience.

Wackena
  • #127
  • Jun 9, 2006 12:09pm Jun 9, 2006 12:09pm
I have tried to use the Firebird Indicator, but when I try to apply it to
a chart nothing happens. I downloaded it to my MT4 indicator list with no
problems. The box will even come up for me to
change settings, but the indicator will not load onto the chart. Can Firebird
be traded as an indicator & not the EA? Thanks for any help.
  • #128
  • Jun 9, 2006 12:11pm Jun 9, 2006 12:11pm
You could put it on a chart, and just disable live trading or have it ask for manual confirmation. That way you could decided to enter a trade when a signal is given, or just to sit back and watch.

Hope that helps.
lonespruce.
  • #129
  • Jun 9, 2006 12:19pm Jun 9, 2006 12:19pm
Quoting wackena
I've never had great confidence in backtesting. Do you? Please advise your experience.

Wackena
I always backtest my strategies and only then do the forward tests. On backtests you can see under what circumstances your strategy works and when not and also catch some bugs.

I don't support curve-fitting but a general backtest is recommended for all methods and systems before going live. 1-2 month forward test won't show you much (max drawdown, profit/loss, average consecutive wins and loses).

its better to do both kinds of tests and even more. read this: http://www.forexfactory.com/forexfor...2&postcount=44

thats my humble opinion.
  • #130
  • Jun 9, 2006 12:51pm Jun 9, 2006 12:51pm
Thanks for that reply. I am still unable to get the indicator
to appear on the chart. Any idea what I did wrong?
  • #131
  • Jun 9, 2006 12:57pm Jun 9, 2006 12:57pm
could you post a screen shot? thanks

Quoting acetrader
Thanks for that reply. I am still unable to get the indicator
to appear on the chart. Any idea what I did wrong?
  • #132
  • Jun 9, 2006 1:47pm Jun 9, 2006 1:47pm
If I do post one it will only show the chart as nothing
of the Firebird Indicator will show on the chart.
Would it help if I still post one? Thanks for your
help.
  • #133
  • Jun 9, 2006 1:49pm Jun 9, 2006 1:49pm
Does your chart have a smiley face in the right hand corner, or a frown face, or a X?

Quoting acetrader
If I do post one it will only show the chart as nothing
of the Firebird Indicator will show on the chart.
Would it help if I still post one? Thanks for your
help.
  • #134
  • Jun 9, 2006 2:13pm Jun 9, 2006 2:13pm
It has none of those.
  • #135
  • Jun 9, 2006 2:27pm Jun 9, 2006 2:27pm
Ok. I will list the steps and you can see if yours are correct.

1. close MT4
2. right click on start button left corner. left click on explore.
3. Scroll down until you find program files and click on the + sign.
4. scroll down until you find your broker MT4 folder and click on the + sign
5. here in the experts folder is where you place the firebird EA. (not in the indicator folder)
6. Start your MT4 program back up.
7. Make sure you Navigator window is open on the left side, below the currency prices.
8. scroll thru the navagtor until you find the firebird EA.
9. Drag that EA into your chart window.
10. Right click in your chart window and select Expert Advisors and then select properties.
10. this will bring up the menu of settings.
11. You can adjust the settings to any that you have found in this thread or use your own.
12. select the common tab and make sure the Allow Live Trading is selected
13. press ok.
14. go to the top of the program and make sure that the menu tab for Expert Advisors shows a green arrow and not a red x. if the red x is present, just press the tab and it will go green.
15. You should now have a smiley face in the right hand corner of your screen.

Please ignore the steps you already know. I have no idea what your level is...

hope this helps...



Quoting acetrader
It has none of those.
  • #136
  • Jun 9, 2006 3:27pm Jun 9, 2006 3:27pm
That is the problem. I had put it in the indicator file. What I
downloaded I thought was the indicator & not the EA. From
what I read someone was posting the indicator itself & not the
EA. What I mistaken when I read that it was the indicator & it
could be traded manually? Thanks for your help.
  • #137
  • Jun 10, 2006 4:44am Jun 10, 2006 4:44am
Quoting skyline
Hi All
I started to forward test Firebird 065tf on 28 May 2006 with a 10.000$ demo account. I used only default settings with one currency pair USD/JPY, as you can see in my statment result are amazing !! +2398$ in about 1 week without any loss (13 consecutive wins).
Question for you : what indicators have I add to MT to be able to see when EA start to buy or sell ?
I will continue to post in this thread about my forward test result with this EA.

see you
What version MT4 you have. What build? Whether there is inscription on the left in a corner the "last price="
  • #138
  • Jun 10, 2006 5:28am Jun 10, 2006 5:28am
Hello,

Did anybody programmed this firebird system in VT trader?
I would like to try it out but,i am not a programmer,so if anybody did or have intentions to do it please let me know.

Thanks,by
  • #139
  • Jun 10, 2006 7:18am Jun 10, 2006 7:18am
Wackena,

I never saw the response to the timeframe question. Your MA timeframe settings are 15 and 30. So are you trading on 15 and 30 or do just use those settings on the M1 chart? Thanks.
  • #140
  • Jun 10, 2006 7:29am Jun 10, 2006 7:29am
On fb63 it does not matter what timeframe you have your chart set to. When you enter the time into the settings menu, that becomes hard coded and the EA does not look at the chart time. That was how this was explained earlier in the thread. So his saying he is on m1 has no meaning. just use the settings he has in the document he posted.



Quoting robp
Wackena,

I never saw the response to the timeframe question. Your MA timeframe settings are 15 and 30. So are you trading on 15 and 30 or do just use those settings on the M1 chart? Thanks.
5 traders viewing now