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

  • #401
  • Jul 3, 2006 10:13am Jul 3, 2006 10:13am
Well my tally last week was 35-13 (6 of the losses coming in on Friday). I still have one order open from Friday a SELL EURUSD.

So far this week I am 5-0. I have tweaked my settings a bit to TP 25 SL 40 and PS 35.
  • #402
  • Jul 3, 2006 10:49am Jul 3, 2006 10:49am
Quoting BenQ
Hendrick, looking at your SafeArea indicator, does this quote simply mean that when the indicator is outside of the 40/-40 channel trades are not initiated, is that how it works? Thx
Yes!
  • #403
  • Jul 3, 2006 12:05pm Jul 3, 2006 12:05pm
Hi Hendrick,

When Firebird reaches the end of the time setting it is allowed to trade, do you manually close all the open trades? Or, do you leave them to close on their own?

Thanks scott


Quoting Hendrick
Yes!
  • #404
  • Jul 3, 2006 3:02pm Jul 3, 2006 3:02pm
Hi Guys

Into the 3rd week of testing, still only 1 loss recorded. Floating positions range from -$600 to -$1300 but profit bookings are steady. I expect to record another loss or 2 later in the week.

Mono
Attached File(s)
File Type: zip Results Test1.zip   6 KB | 278 downloads
Mono
  • #405
  • Jul 3, 2006 6:04pm Jul 3, 2006 6:04pm
Firebird is up 7 wins to 1 loss so far this week.
  • #406
  • Jul 4, 2006 1:24am Jul 4, 2006 1:24am
Quoting smjones
Hi Hendrick,

When Firebird reaches the end of the time setting it is allowed to trade, do you manually close all the open trades? Or, do you leave them to close on their own?

Thanks scott
Tthe time setting is only there to prevent Firebird taking new positions. Open trades are not closed.
  • #407
  • Jul 4, 2006 2:54am Jul 4, 2006 2:54am
Thanks for the answer.



Quoting Hendrick
Tthe time setting is only there to prevent Firebird taking new positions. Open trades are not closed.
  • #408
  • Jul 4, 2006 2:58am Jul 4, 2006 2:58am
Hendrich and other,

just wanna thanks for all your effort devolping this super EA, i have tested it some weeks with different settings and in my opinion it just gets better every week I am not a tech guy, so unfurtnately I can not contribute with coding etc... But I have a few suggestions to the next versions:

A) Make a function to automatically close all trades more than i.e. 24 hrs old...
(because the older the trades get, the less likely they will be in profit it seems)

B) Make a lot increase/decrease function, depending on the acc. balance
(so one can use the max of the acc. balance always)

Just my 2 cents, if these functions already exsists, bare with me!!!

Keep up the good work guys...

Hendrich, when will you release the new Phoenix version?

Have a nice day
  • #409
  • Jul 4, 2006 6:11am Jul 4, 2006 6:11am
Quoting fingotrader
Hendrich and other,

just wanna thanks for all your effort devolping this super EA, i have tested it some weeks with different settings and in my opinion it just gets better every week I am not a tech guy, so unfurtnately I can not contribute with coding etc... But I have a few suggestions to the next versions:

A) Make a function to automatically close all trades more than i.e. 24 hrs old...
(because the older the trades get, the less likely they will be in profit it seems)

B) Make a lot increase/decrease function, depending on the acc. balance
(so one can use the max of the acc. balance always)

Just my 2 cents, if these functions already exsists, bare with me!!!


Keep up the good work guys...

Hendrich, when will you release the new Phoenix version?

Have a nice day

Hi Fingo,

The new Phoenix EA (revival of Firebird and still under development) has a Money Management function.

Closing all trades more than 24 hrs old could be an idea. Maybe someone can test this. Until now I have rather good results with closing trades as soon as the buy/sell signal changes.
  • #410
  • Jul 4, 2006 6:42am Jul 4, 2006 6:42am
I'm still waitting for some answers for my previous questions , any help
Thanks
  • #411
  • Jul 4, 2006 7:05am Jul 4, 2006 7:05am
I allow my trades to stay open and sort themselves out. I find that they end up in profit eventually...and the hedging is not such a bad thing when Firebird choose a different direction on an open trade. I personally would rather manage the Money Management of the EA on my own -- rather than it being automatic. I hope this will be an option Hendrick and that money management will not be hard coded into Phoenix.



Quoting Hendrick
Hi Fingo,

The new Phoenix EA (revival of Firebird and still under development) has a Money Management function.

Closing all trades more than 24 hrs old could be an idea. Maybe someone can test this. Until now I have rather good results with closing trades as soon as the buy/sell signal changes.
  • #412
  • Edited 7:30am Jul 4, 2006 7:29am | Edited 7:30am
I let mine sort themselves out too. The only time I see positions opened in the opposite direction is on my demos that have a TP over 25 -- which makes some sense since price has to travel farther and may breach the oppsite side of the envelope before the target is hit.

I'd like to see some MM incorporated into Firebird (or Phoenix). And the enable/disable option is always nice. I like Fingo's suggestions above.


Quoting Yardie
I allow my trades to stay open and sort themselves out. I find that they end up in profit eventually...and the hedging is not such a bad thing when Firebird choose a different direction on an open trade. I personally would rather manage the Money Management of the EA on my own -- rather than it being automatic. I hope this will be an option Hendrick and that money management will not be hard coded into Phoenix.
  • #413
  • Jul 5, 2006 8:56am Jul 5, 2006 8:56am
In the last 12 hours (overnight here in the States) Firebird is 12-0. 16-0 for the week. WOOHOO!
  • #414
  • Jul 5, 2006 9:00am Jul 5, 2006 9:00am
Hey Alpha,

Are you using the original version?


Quoting AlphaPip
In the last 12 hours (overnight here in the States) Firebird is 12-0. 16-0 for the week. WOOHOO!
  • #415
  • Jul 5, 2006 9:06am Jul 5, 2006 9:06am
Quoting AlphaPip
In the last 12 hours (overnight here in the States) Firebird is 12-0. 16-0 for the week. WOOHOO!
Hi Alpha,

and what settings do you use? and which pairs?

I use tp 22 and sl 40, a nice day but also 2 looseres for me...

Thanks,
  • #416
  • Jul 5, 2006 9:07am Jul 5, 2006 9:07am
Quoting lonespruce
Hey Alpha,

Are you using the original version?
Using v63G with the settings below:
MA_length=10
MA_timeframe=15
MAtype=0
Percent=0.05000000
TradeOnFriday=1
slip=100
Lots=0.80000000
TakeProfit=25
Stoploss=50
Fast_Period=23
Fast_Price=1
Slow_Period=84
Slow_Price=1
DivergenceLimit=0.00200000
PipStep=25
IncreasementType=0.00000000
DVLimit=10
PipsGoal=500
PipsLoss=500
GMT=0
DST=0
OpeningHour=0
ClosingHour=23
writelog=0
MagicNumber=100000


Also, I plan to disable Firebird on Friday. Someone had mentioned earlier in this forum (I would credit them, if I could remember who it was) that they look at the FF Economic calendar on the home page, and if there is a "Red" event which is expected to produce high volatility, then to stand aside. After last weeks crumble, I plan to test that theory.
  • #417
  • Jul 5, 2006 9:25am Jul 5, 2006 9:25am
I am reading 9-2 for July 5th (GMT +2). My settings are SL 40 and TP 25 PIPSTEP 35. Firebird H version. I think we might have a winner here...especially with the tweaks by Hendrick (and the further tweaking in the Phoenix successor).



Quoting AlphaPip
In the last 12 hours (overnight here in the States) Firebird is 12-0. 16-0 for the week. WOOHOO!
  • #418
  • Jul 5, 2006 9:44am Jul 5, 2006 9:44am
Quoting Yardie
I am reading 9-2 for July 5th (GMT +2). My settings are SL 40 and TP 25 PIPSTEP 35. Firebird H version. I think we might have a winner here...especially with the tweaks by Hendrick (and the further tweaking in the Phoenix successor).
My SL is 50, which may be why I don't have the same 2 losses. Looking at the history, I can see where I was very close to being stopped out, but prices retraced for profit.
  • #419
  • Jul 5, 2006 9:56am Jul 5, 2006 9:56am
Well I am liking the settings I have. According to my log I have 18 wins and 9 losses so far this week. Yet I am netting 70 pips. So maybe it all works out in the end.

Quoting AlphaPip
My SL is 50, which may be why I don't have the same 2 losses. Looking at the history, I can see where I was very close to being stopped out, but prices retraced for profit.
  • #420
  • Jul 5, 2006 11:16am Jul 5, 2006 11:16am
Two statements (Firebirdv63G and Phoenixv1) from 5/7 until now. Not a bad result for the first version of the new EA Phoenix I think. Maybe we can expect some fireworks tomorrow and Friday. Let's see if <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" /><st1:City w:st="on"><st1lace w:st="on">Phoenix</st1lace></st1:City> can handle this.<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o></o>
Attached File(s)
File Type: zip Firebirdv63G.zip   8 KB | 319 downloads
File Type: zip Phoenixv1.zip   9 KB | 371 downloads
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