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

Quoting Puppy

Disliked

Hello sm31 and everyone,

I have also backtested the USD/CAD after I saw your post. It reaches 95% possibility for the "first" trade win (setting of 30/300). It is indeed the good pair for firebird concept. (win:loss = 632:31 over 1 year period)

Bad months to start firebird are the big "holiday" Month - namely Christmas(December) and Easter(April) - Most of the losses were produced on that two months. (It is the same as EUR/USD and USD/CAD).

(By the way, for testing EUR/GBP for last 1 and half year with setting 30/300, you should get no loss at all because the pair is basically trading within 300-400PIPs range. However looking at longer timframe, you will find out that it wasn't that correlated previously - therefore I wouldn't put it in my list for firebird yet)

Hope that helps.

Ignored

Quoting Yardie

Disliked

Hey Puppy thanks for your insights. What were the specifc numbers you got for EURUSD and EURGBP? You posted for USDCAD but not the others. I am curious.

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Quoting erwin1680

Disliked

Before I try to code this I wanted to hear thoughts on this Idea. What if the instead of another order being placed after the 90th pip against the initial position we add a position in the oposite way for as long as we need to hedge the second loss. any thoughts hope that was clear.

Ignored

Quoting blewmoon

Disliked

Traderone,
I have similar results on live and demo settings. It does very well until any important news happens. I had it producing about $5K [1 lot each] every two days on 10 pairs, but when the CPI news happened yesterday, they took a fall. Even without Cable, all the $ ones went into the Red.

So in future, I will take the money and bank it and switch off before the 'Red Ticket' News.

Ignored

Quoting traderone

Disliked

Hmmmm. Don't blame you. But I wonder why mine didn't tank during the CPI? Difference in feeds maybe?

Ignored

Quoting cgldsmth

Disliked

For those trading firebird LIVE:

what brokers are you using? Obviously hedging needs to be allowed.

Anyone had any broker problems with firebird?

Ignored

Quoting jbamaj

Disliked

First time over +2,000 pips net. 8/3-8/16

<table style="width: 423pt; border-collapse: collapse;" x:str="" border="0" cellpadding="0" cellspacing="0" width="563"><colgroup><col style="width: 48pt;" span="4" width="64"><col style="width: 55pt;" width="73"><col style="width: 53pt;" width="70"><col style="width: 75pt;" width="100"><col style="width: 48pt;" width="64"></colgroup><tbody><tr style="height: 12.75pt;" height="17"><td class="xl24" style="border: medium none rgb(224, 223, 227); width: 48pt; height: 12.75pt; background-color: transparent;" height="17" width="64"></td><td style="border: medium none rgb(224, 223, 227); width: 48pt; background-color: transparent;" width="64">Trades</td><td style="border: medium none rgb(224, 223, 227); width: 48pt; background-color: transparent;" width="64">Winners</td><td style="border: medium none rgb(224, 223, 227); width: 48pt; background-color: transparent;" width="64">Losers</td><td class="xl26" style="border: medium none rgb(224, 223, 227); width: 55pt; background-color: transparent;" width="73">Percent</td><td class="xl28" style="border: medium none rgb(224, 223, 227); width: 53pt; background-color: transparent;" width="70">Profit/Loss</td><td class="xl28" style="border: medium none rgb(224, 223, 227); width: 75pt; background-color: transparent;" width="100">Estimated Float</td><td class="xl28" style="border: medium none rgb(224, 223, 227); width: 48pt; background-color: transparent;" width="64">Net+/-</td></tr><tr style="height: 12.75pt;" height="17"><td class="xl24" style="border: medium none rgb(224, 223, 227); height: 12.75pt; background-color: transparent;" height="17">aud/jpy</td><td style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="" align="right">2</td><td class="xl25" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="" align="right">2</td><td class="xl25" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="" align="right">0</td><td class="xl27" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="1" x:fmla="=C2/B2" align="right">100.00%</td><td class="xl28" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="60.000000000000853" align="right">60</td><td class="xl28" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="-251" align="right">251</td><td class="xl28" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="-190.99999999999915" x:fmla="=SUM(F2:G2)" align="right">191</td></tr><tr style="height: 12.75pt;" height="17"><td class="xl24" style="border: medium none rgb(224, 223, 227); height: 12.75pt; background-color: transparent;" height="17">aud/usd</td><td style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="" align="right">10</td><td class="xl25" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="" align="right">10</td><td class="xl25" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="" align="right">0</td><td class="xl27" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="1" x:fmla="=C3/B3" align="right">100.00%</td><td class="xl28" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="" align="right">300</td><td class="xl28" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="" align="right">2</td><td class="xl28" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="" x:fmla="=SUM(F3:G3)" align="right">302</td></tr><tr style="height: 12.75pt;" height="17"><td class="xl24" style="border: medium none rgb(224, 223, 227); height: 12.75pt; background-color: transparent;" height="17">eur/chf</td><td style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="" align="right">6</td><td class="xl25" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="" align="right">6</td><td class="xl25" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="" align="right">0</td><td class="xl27" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="1" x:fmla="=C4/B4" align="right">100.00%</td><td class="xl28" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="" align="right">179</td><td class="xl28" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="-13" align="right">13</td><td class="xl28" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="" x:fmla="=SUM(F4:G4)" align="right">166</td></tr><tr style="height: 12.75pt;" height="17"><td class="xl24" style="border: medium none rgb(224, 223, 227); height: 12.75pt; background-color: transparent;" height="17">eur/gbp</td><td style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="" align="right">0</td><td class="xl25" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="" align="right">0</td><td class="xl25" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="" align="right">0</td><td class="xl27" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:fmla="=C5/B5" x:err="#DIV/0!" align="center">#DIV/0!</td><td class="xl28" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="" align="right">0</td><td class="xl28" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="-37" align="right">37</td><td class="xl28" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="-37" x:fmla="=SUM(F5:G5)" align="right">37</td></tr><tr style="height: 12.75pt;" height="17"><td class="xl24" style="border: medium none rgb(224, 223, 227); height: 12.75pt; background-color: transparent;" height="17">eur/jpy</td><td style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="" align="right">4</td><td class="xl25" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="" align="right">4</td><td class="xl25" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="" align="right">0</td><td class="xl27" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="1" x:fmla="=C6/B6" align="right">100.00%</td><td class="xl28" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="119.99999999999318" align="right">120</td><td class="xl28" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="-335" align="right">335</td><td class="xl28" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="-215.00000000000682" x:fmla="=SUM(F6:G6)" align="right">215</td></tr><tr style="height: 12.75pt;" height="17"><td class="xl24" style="border: medium none rgb(224, 223, 227); height: 12.75pt; background-color: transparent;" height="17">eur/usd</td><td style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="" align="right">22</td><td class="xl25" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="" align="right">22</td><td class="xl25" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="" align="right">0</td><td class="xl27" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="1" x:fmla="=C7/B7" align="right">100.00%</td><td class="xl28" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="655.99999999999193" align="right">656</td><td class="xl28" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="" align="right">6</td><td class="xl28" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="661.99999999999193" x:fmla="=SUM(F7:G7)" align="right">662</td></tr><tr style="height: 12.75pt;" height="17"><td class="xl24" style="border: medium none rgb(224, 223, 227); height: 12.75pt; background-color: transparent;" height="17">gbp/usd</td><td style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="" align="right">33</td><td class="xl25" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="" align="right">31</td><td class="xl25" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="" align="right">2</td><td class="xl27" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="0.93939393939393945" x:fmla="=C8/B8" align="right">93.94%</td><td class="xl28" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="323.999999999995" align="right">324</td><td class="xl28" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="-30" align="right">30</td><td class="xl28" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="293.999999999995" x:fmla="=SUM(F8:G8)" align="right">294</td></tr><tr style="height: 12.75pt;" height="17"><td class="xl24" style="border: medium none rgb(224, 223, 227); height: 12.75pt; background-color: transparent;" height="17">usd/cad</td><td style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="" align="right">16</td><td class="xl25" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="" align="right">16</td><td class="xl25" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="" align="right">0</td><td class="xl27" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="1" x:fmla="=C9/B9" align="right">100.00%</td><td class="xl28" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="479.00000000000057" align="right">479</td><td class="xl28" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="-128" align="right">128</td><td class="xl28" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="351.00000000000057" x:fmla="=SUM(F9:G9)" align="right">351</td></tr><tr style="height: 12.75pt;" height="17"><td class="xl24" style="border: medium none rgb(224, 223, 227); height: 12.75pt; background-color: transparent;" height="17">usd/chf</td><td style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="" align="right">24</td><td class="xl25" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="" align="right">24</td><td class="xl25" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="" align="right">0</td><td class="xl27" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="1" x:fmla="=C10/B10" align="right">100.00%</td><td class="xl28" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="718.99999999999613" align="right">719</td><td class="xl28" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="" align="right">11</td><td class="xl28" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="729.99999999999613" x:fmla="=SUM(F10:G10)" align="right">730</td></tr><tr style="height: 12.75pt;" height="17"><td class="xl24" style="border: medium none rgb(224, 223, 227); height: 12.75pt; background-color: transparent;" height="17">usd/jpy</td><td style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="" align="right">7</td><td class="xl25" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="" align="right">7</td><td class="xl25" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="" align="right">0</td><td class="xl27" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="1" x:fmla="=C11/B11" align="right">100.00%</td><td class="xl28" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="210.00000000000085" align="right">210</td><td class="xl28" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="-225" align="right">225</td><td class="xl28" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="-14.999999999999147" x:fmla="=SUM(F11:G11)" align="right">15</td></tr><tr style="height: 12.75pt;" height="17"><td class="xl24" style="border: medium none rgb(224, 223, 227); height: 12.75pt; background-color: transparent;" height="17"></td><td class="xl28" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="" x:fmla="=SUM(B2:B11)" align="right">124</td><td class="xl28" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="" x:fmla="=SUM(C2:C11)" align="right">122</td><td style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="" x:fmla="=SUM(D2<img src=" http://www.forexfactory.com/forexforum/images/smilies/biggrin.gif="" border="0" alt="" title="Big Grin" smilieid="3" class="xl28" align="right">11)">2</td><td style="border: medium none rgb(224, 223, 227); background-color: transparent;"></td><td class="xl28" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="3046.9999999999791" x:fmla="=SUM(F2:F11)" align="right">3,047</td><td class="xl28" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="-1000" x:fmla="=SUM(G2:G11)" align="right">1,000</td><td class="xl29" style="border: medium none rgb(224, 223, 227); background-color: transparent;" x:num="2046.9999999999791" x:fmla="=SUM(H2:H11)" align="right">2,047</td></tr></tbody></table>

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Quoting mr.trader

Disliked

Great job guy´s !

I post my satements, plaese look at them, i use settings Firebird 30-300 form momo but my floating positions minus always break even with with my closed profits ... Is this normal for this EA ??

Ignored

Quoting Yardie

Disliked

What do you mean that your floating positions closed at break even? The should keep on floating until there is a loss or a win.

Ignored

Quoting Yardie

Disliked

My float increased to about -800 pips after the CPI. But thats about it. I am still reeling in the pips in between.

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Quoting mr.trader

Disliked

I mean if the closed positions are may be 500$ also the floating positions are in this high... look at my satements please, then you see. Is this a characteristic from this EA, more the profit more open positions ?
Thanks !

Ignored

Quoting BenQ

Disliked

Yardie, what were those settings you switched to? I can't find the post. You went back to 15 minute and changed the percent, didn't you? Are you still running the 30-300-30 on which pairs? Thx.

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Quoting mr.trader

Disliked

I mean if the closed positions are may be 500$ also the floating positions are in this high... look at my satements please, then you see. Is this a characteristic from this EA, more the profit more open positions ?

Thanks !

Ignored

Quoting Yardie

Disliked

Yes I am using TP 30 SL 300 Percent .15 TF 15 programmed in EA. Using on 1 minute chart.

Ignored

Quoting Yardie

Disliked

Yes sometimes its possible that the float might exceed the net profit gained if thats what you are asking. For example I have booked about 1200 pips since Friday. But the floating is about -850 pips now.

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Quoting BenQ

Disliked

Thanks. I thought you were on 15 minute chart for some reason. I'm on 1 min chart, 15 TF, .1 percent with 30-300-30. Your envelope is just a bit wider than mine.

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