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

Quoting BenQ

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Skyline, I notice in your statement there are no open trades. That's pretty unusual for firebird. Did you close them manually? Can you post a .set file? I understand you're on 30 min TF and EA TF is also 30. And you're running the 30-300-30 configuration, is that all correct? Which pairs? Thanks.

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Quoting moneybags

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The other thing I noticed in Skyline's statement is that there's only one trade in the GBPUSD (in over a week of trading). That's really unusual as well for that pair.


Going back to the trailing stop idea, I was going to bring up that point. I think this could be a feature that would really increase profits. Because most winning trades have a bigger potential profit of 30 pips. So like mentioned before if a maximum SL of 45 pips for example was implemented and a trailing stop of 30 then many trades would give us that extra 15 pips. Again, you can only do this with certain pairs that move more than others.

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Quoting Yardie

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Wackena I have used the trailing stop feature before...and it doesnt seem to work as advertised. For example it would close out with 10 pips profit instead of 30 pip profit etc. Am I missing something or this is the way it is suppose to work?

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OrderModify(OrderTicket(),OrderOpenPrice(),Bid-(Point*[color=red]TrailingStop[/color]),OrderTakeProfit(),0,GreenYellow);

OrderModify(OrderTicket(),OrderOpenPrice(),Bid-(Point*[color=red]5[/color]),OrderTakeProfit(),0,GreenYellow);

OrderModify(OrderTicket(),OrderOpenPrice(),Ask+(Point*[color=red]TrailingStop[/color]),OrderTakeProfit(),0,Red);

 OrderModify(OrderTicket(),OrderOpenPrice(),Ask+(Point*[color=red]5[/color]),OrderTakeProfit(),0,Red);

Quoting BenQ

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Thx, Yardie, I didn't see that. If that's true, that puts a whole new spin on his results then; i.e they're not reliable -- they're not the EA's true results.

Skyline, can you confirm whether you're closing manually?

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Quoting skyline

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No no i never close manually trades and never i stated this in this forum , so my test is reliable

Speaking about no opened trades, just few minutes before i printed that statment , one trade was closed so at that time EA had no trade opened, actually i have 3 trades opened (2 sell on EUR/USD , 1 buy USD/CHF).
I'm testing with all standard settings 30-300 , with following 6 pairs : EURUSD, GPBUSD, EURJPY, USDJPY, USDCAD, USDCHF.

So far seems best pairs are : USDCHF (8 wins) , USDCAD (6 wins)

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Quoting traderone

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Skyline, I think that your secret to low number of HIGH QUALITY trades is the fact you use the M30 chart instead of the M1.

I am going to run a test of those two accounts. Same pairs, M30 versus M1 charts. I know the M1 will trade more but will it at the end of the month show more pips?

I think you may enjoy adding the AUDUSD into your pairs traded.

Don

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Quoting skyline

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No no i never close manually trades and never i stated this in this forum , so my test is reliable

Speaking about no opened trades, just few minutes before i printed that statment , one trade was closed so at that time EA had no trade opened, actually i have 3 trades opened (2 sell on EUR/USD , 1 buy USD/CHF).
I'm testing with all standard settings 30-300 , with following 6 pairs : EURUSD, GPBUSD, EURJPY, USDJPY, USDCAD, USDCHF.

So far seems best pairs are : USDCHF (8 wins) , USDCAD (6 wins)

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Quoting BenQ

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Skyline, can you please post your set file? I'd like to see your percent setting, divergence, etc.

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Quoting skyline

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It's the same posted by Momo some posts ago with no changes, anyway i will attach again here

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Quoting wackena

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Yardie,

Your correct as to how the Trailing Stop (t/s) as used in Phoenix and most othe EAs work. Firebird v63g does not have a t/s routine. The t/s code in Phoenix can be copied and pasted into Firebird. And to make it work as needed, the Modify Order line needs to be changed as follows.

OP_BUY code

Inserted Code

OrderModify(OrderTicket(),OrderOpenPrice(),Bid-(Point*[color=red]TrailingStop[/color]),OrderTakeProfit(),0,GreenYellow);

change to:

Inserted Code

OrderModify(OrderTicket(),OrderOpenPrice(),Bid-(Point*[color=red]5[/color]),OrderTakeProfit(),0,GreenYellow);

OP_SELL code

Inserted Code

OrderModify(OrderTicket(),OrderOpenPrice(),Ask+(Point*[color=red]TrailingStop[/color]),OrderTakeProfit(),0,Red);

Change to:

Inserted Code

 OrderModify(OrderTicket(),OrderOpenPrice(),Ask+(Point*[color=red]5[/color]),OrderTakeProfit(),0,Red);

With these changes, if t/p=50 and t/s=30, then t/s modified orders will close with at least 25 to 30 pips profit. If you want at least 30 pips on t/s modified orders, use t/s=35.

Wackena

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Quoting traderone

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You know Skyline, I'm kinda thinking that Firebird on the M30 charts, four pair (AUDUSD, EURUSD, USDCAD, USDCHF), low number of trades but high probability, looks more and more like the grail to me .... even with a loss here and there. Once the confidence is built, then more substantial lots may be used.

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Quoting skyline

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It's the same posted by Momo some posts ago with no changes, anyway i will attach again here

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Quoting Yardie

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Hey Skyline did you make the EA run 24-7 or did you close it down on important news days?

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Quoting 4x4tx

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What about using an M5 or an M15 chart? Would that find more of a happy medium between the M1 and the M30? The M1 does have the potential to get killed on the gbp/usd, but there have been quite a few winners when it was "behaving itself."

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Quoting Yardie

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Wackena would you please do us the honor of adding the trailing stop to FirebirdG and attach here as a MQ4 file? I am not a coder and dont want to muck anything up. Thanks.

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