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

Quoting alsup1955

Disliked

Hey Yardie ru letting them close them selfs at the t/p...I'm having a hard time letting them run...When I see a profit of 5 or more pips , Im manully closeing them my self.......Probley losing lots of pps.............

Ignored

Quoting Yardie

Disliked

LOL whats the point then Alsup? Better to make them run...Yes you are missing on a lot of pips. UNless you are using a live account..if so taking profits may not be such a bad idea. I dont plan to go live for another couple of months...I want to do at least 3 months of test before I go live...I know it will be tempted to go earlier, but I have to fight the temptation hehe.

Ignored

Quoting alsup1955

Disliked

Yeah LOL, that tempaton is brutal......I'm thinking about going live here within the next couple weeks. Even closing these early, i'm making great pipage......Just sit here and scalp the market.....Yeah baby............

Ignored

Quoting Yardie

Disliked

Are you guys using another EA along with FirebirdG? This may be the problem.

Ignored

Quoting skyline

Disliked

Finally yesterday night an order was entered and booked a good +30 pips and 2 trade are still running

Yardie i see that you are performing very well with these method , are you using Mono settings? Which timeframe and pairs? Divergence true or false?

thx

Ignored

Quoting AlphaPip

Disliked

For those that are testing Mono's 30-300 settings, what are your plans for the next 2 days? I, for one, am very concerned going into these announcements long the USD. I have 3 open positions floating long USD and I expect both announcements to be dollar bearish.

Any thoughts?

Ignored

Quoting AlphaPip

Disliked

Personally, I have been running a live account. Even though it is Micro, I still allow it to ride out the profits. The results speak for themselves. Exercise patience, and allow the system to work for you. Besides, what's the point of an EA if you have to manually close deals to secure profits.

Ignored

Quoting AlphaPip

Disliked

Personally, I have been running a live account. Even though it is Micro, I still allow it to ride out the profits. The results speak for themselves. Exercise patience, and allow the system to work for you. Besides, what's the point of an EA if you have to manually close deals to secure profits.

Ignored

Quoting traderone

Disliked

Yardie.... great results. Mine has only traded 5 times this week... all winners, but I'm only trading 4 pair.

I am really interested in the pairs you use. Could you perhaps post a statement so we could analyse which of these pairs seem to be the most favorable? Thanks for any advice.

Ignored

Quoting Yardie

Disliked

Here are the book pips since MOnday
EURUSD - 150
USDCHF - 150
USDCAD - 150
GBPUSD - 90
AUDUSD - 90
NZDUSD - 90
EURJPY - 60
AUDJPY - 60
CHFJPY - 60
USDJPY - 30
CADJPY - 30

Divide each number by 30 to get the number of winning trades.

Ignored

Quoting mono

Disliked

Hi Guys

Well, Firebird finally lost its second trade and the W/L stands at 277-2.

Its been a very quiet week, after booking 1500 pips last week, its currently at -30 pips for this week.

While trading at 0.1 lots the floats ranged from -500 to -2500, now that i'm trading at 0.2 lots, I expect floats to range from -1000 to -5000.

The other thing I discovered, whilst going through the code, is that putting the EA on the 1min chart does make a difference, not on the envelope, but for divergence. The divergence function works on the chart you are on, and takes into account the fast_period, fast_price, slow_period, slow_price and divergence_limit.

Here is the code

maF1=iMA(Symbol(),0,F_Period,0,MODE_SMA,F_Price,mypos);
maS1=iMA(Symbol(),0,S_Period,0,MODE_SMA,S_Price,mypos);
dv1=maF1-maS1;
maF2=iMA(Symbol(),0,F_Period,0,MODE_SMA,F_Price,mypos+1);
maS2=iMA(Symbol(),0,S_Period,0,MODE_SMA,S_Price,mypos+1);
if (Use_V63D_Divergence)
{
dv2=((maF1-maS1)-(maF2-maS2));
}
else
{
dv2=maF2-maS2;
}
return(dv1-dv2);

Basically, what it does is, it doesn't place any/many trades during high volitity periods (like news events).

Anyway, we should see more movement from today, as interest rate news from the UK & EU and of course the NFP tomorrow. Currently Firebird is loaded up for a US favourable result,(maybe firebird know something we dont) or else more losses are expected.

Ignored

Quoting Yardie

Disliked

I am netting almost 1000 pips so far this week. I am surprised you are having a different result.

Ignored

Quoting mono

Disliked

Did u start your test this week? Firebird takes into account your open trades and I copped a 300 pip loss. Plus I think your trading 10 pairs to my 6. Can u post your results?

Thanks

Ignored

Quoting Yardie

Disliked

I started on JUly 31st. I posted my results above so far. I dont want to post my statement because it has my real name on it. My floating loss so far is -245 and pippage book is about 1000.

Ignored

Quoting mono

Disliked

HAHAHA......ok Yardie...

Here's what I do, Open the statement in notepad, and do a search and replace of your name ( ctrl-h), and save it.

Ignored