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Firebird EA - fixed version -

  • #21
  • Aug 19, 2006 10:42am Aug 19, 2006 10:42am
Quoting A1Cruiser
Hi Skyline,

Thank you for your hard work and all the members of this thread (and its predecessors) for the valuable contributions in developing Firebird. Your results are really impressive. (I tested an earlier version of Firebird a couple of weeks ago with moderate results. Next week I will try with the v1.0a version in the hope of a great success.)

I also think that building a hedging possibility in is a good idea.
I am not a programmer though I think straddle EAs contain a hedging procedure so some of them might be useful. I do not think posting such EAs here would be nice but I am ready to send some by email or at this link http://www.forexfactory.com/forexfor...3&page=1&pp=15 one can find a lot of them.
Hi A1,
the above link has been closed, at least when I tried to go to it. Any ideas to reach the info another way?
Thanks,
  • #22
  • Aug 19, 2006 10:49am Aug 19, 2006 10:49am
Got it



Quoting KudzuFX
Hi A1,
the above link has been closed, at least when I tried to go to it. Any ideas to reach the info another way?
Thanks,
  • #23
  • Aug 19, 2006 10:59am Aug 19, 2006 10:59am
Hi KudzuFX,
Hope you can find that one you are interested in

Quoting KudzuFX
Got it
  • #24
  • Aug 19, 2006 11:04am Aug 19, 2006 11:04am
Quoting moneybags
Hey everyone,

Here are my live results for the last 2 weeks of testing.
1m TF, default settings (30-300-30).
Only 4 pairs: EURUSD, USDCHF, USDCAD, AUDUSD for now.
Record of 67-0.
Hi moneybags,
If I understood your post you are using the 1 minute Chart rather than the 30 minute one ???? Thanks....
  • #25
  • Aug 19, 2006 11:15am Aug 19, 2006 11:15am
Thank you, Skyline for the warm welcome!
Anyway, you can find a nice EA for Firebird improve here as well:
http://www.forexfactory.com/forexfor...3&postcount=35


Quoting skyline
A1Cruiser welcome aboard Firebird followers
Thanks for you kindly words I really appreciate it
I will try to search for some good hedging procedure in thread that you wrote above

  • #26
  • Aug 19, 2006 1:54pm Aug 19, 2006 1:54pm
We need to have a tutorial on how to install and operate and EA. Anyhow the .set file should be in the Experts directory folder. You can put one there manually by using Windows Explorer or you can save one from the Firebird settings screen. To add firebird to the chart from the navigator menu simply drag it with your mouse to the chart. A settings window will come up. Make sure that "Allow Live Trading" is set under the "Common" Tab. The other tab you can edit the EA settings.
  • #27
  • Aug 19, 2006 2:00pm Aug 19, 2006 2:00pm
Quoting Yardie
We need to have a tutorial on how to install and operate and EA.
Yes Yardie definitely !
I'm working to write down a little tutorial with few screenshot to help user to install and use properly EA, when it will be completed i will attach it in first post
  • #28
  • Aug 19, 2006 2:48pm Aug 19, 2006 2:48pm
Nice, tight float level. That has to be due to excluding cable.

Quoting moneybags
Hey everyone,


Here are my live results for the last 2 weeks of testing.
1m TF, default settings (30-300-30).
Only 4 pairs: EURUSD, USDCHF, USDCAD, AUDUSD for now.
Record of 67-0.
  • #29
  • Aug 19, 2006 3:27pm Aug 19, 2006 3:27pm
Quoting skyline
Hi Firebirders !
[Firebird Settings (based on Mono's settings)]
- Firebird_settings_v1.0.zip : Contains two versions of preset files that seems to works better :

1) Mono's fixed setting (Mono_settings_fixed_v1.0.zip): Fixed tp=30, sl=300, pipstep=30 for all pairs
2) Mono's variable setting (Mono_settings_variable_v1.0.zip) : different setting for each pair based on average daily range (in pips). Take profit (TP), Stop loss (LS) and PipStep are calculated with these formulas :
TP = Daily Avg Range*2/10 , SL = Daily Avg Range*2 , PipStep = Daily Avg Range/10


EUR/USD TP=22 SL=220 PIPSTEP=11 (Daily Avg Range = 110)
GBP/USD TP=30 SL=300 PIPSTEP=15 (Daily Avg Range = 150)
USD/CHF TP=25 SL=250 PIPSTEP=12 (Daily Avg Range = 125)
EUR/JPY TP=21 SL=210 PIPSTEP=10 (Daily Avg Range = 105)
USD/JPY TP=20 SL=200 PIPSTEP=10 (Daily Avg Range = 100)
USD/CAD TP=21 SL=210 PIPSTEP=10 (Daily Avg Range = 105)
AUD/USD TP=16 SL=160 PIPSTEP=8 (Daily Avg Range = 80)
EUR/CHF TP=10 SL=100 PIPSTEP=5 (Daily Avg Range = 50)
EUR/GBP TP=9 SL=90 PIPSTEP=5 (Daily Avg Range = 45)
AUD/JPY TP=15 SL=150 PIPSTEP=7 (Daily Avg Range = 75)

* Mono's chart time frame : M1 (1 minute chart)
skyline,

attached is Firebird_v1.0c with a routine added to auto-calculate variable settings. I followed Mono's calculation as you posted above. Backtest results comparing v.10a & v1.0c is attached. v1.0c did much better with almost 4 times more orders, but had several loses. Even with the loses, the overall profit was up.

This EA has 3 other routines added: UseMM which is a Money Management routine. If you want to manually set lot size, set UseMM=0(false). Another is a MaxOpenOrders routine to add control as to max number of open orders at one time per pair. If not wanted, set MaxOpenOrders=10. And the 3rd is a Trailing Stop routine. If not wanted, set TrailingStop=0.

Maybe a few members can forward test to see if results are better.

Also, I have posted Firebird_v1.0b on mr.trader's new thread at http://www.forexfactory.com/forexfor...33&postcount=8

This EA has a hedging routine added to help control high float sizes.

Wackena
Attached File(s)
File Type: zip Firebird_v1.0c.zip   35 KB | 2,071 downloads
  • #30
  • Aug 19, 2006 3:28pm Aug 19, 2006 3:28pm
Does anyone know how Mano got his information for "daily average range." I am interested in trying to get that for the GBPJPY currency pair.

Any help would be appreciated.
  • #31
  • Aug 19, 2006 3:29pm Aug 19, 2006 3:29pm
Awesome work Wackena !!!
I will insert it in first post immediately!

thank you
  • #32
  • Aug 19, 2006 3:31pm Aug 19, 2006 3:31pm
Quoting skyline
Awesome work Wackena !!!
I will insert it in first post immediately!

thank you
Check the post again, because I had added 3 addtional routines, rather than 2.

Wackena
  • #33
  • Aug 19, 2006 3:39pm Aug 19, 2006 3:39pm
Quoting wackena
Check the post again, because I had added 3 addtional routines, rather than 2.

Wackena
Sorry Wackena i forgot to write about trailing stop function
  • #34
  • Aug 19, 2006 3:45pm Aug 19, 2006 3:45pm
Does anyone have a copy of the Firebird document by Traderseven newer than ver .27? I have ver .20 and .27 in MHTML and PDF. I don't want to post a version that is older than what others have. I would post the HTML version so we could edit it to match the settings options now available.
  • #35
  • Aug 19, 2006 4:28pm Aug 19, 2006 4:28pm
Wackena thanks for your efforts as always. Does these new EAs include Skyline's JPY fix? Let me know. Thanks



Quoting wackena
skyline,

attached is Firebird_v1.0c with a routine added to auto-calculate variable settings. I followed Mono's calculation as you posted above. Backtest results comparing v.10a & v1.0c is attached. v1.0c did much better with almost 4 times more orders, but had several loses. Even with the loses, the overall profit was up.

This EA has 3 other routines added: UseMM which is a Money Management routine. If you want to manually set lot size, set UseMM=0(false). Another is a MaxOpenOrders routine to add control as to max number of open orders at one time per pair. If not wanted, set MaxOpenOrders=10. And the 3rd is a Trailing Stop routine. If not wanted, set TrailingStop=0.

Maybe a few members can forward test to see if results are better.

Also, I have posted Firebird_v1.0b on mr.trader's new thread at http://www.forexfactory.com/forexfor...33&postcount=8

This EA has a hedging routine added to help control high float sizes.

Wackena
  • #36
  • Aug 19, 2006 4:35pm Aug 19, 2006 4:35pm
Quoting Yardie
Wackena thanks for your efforts as always. Does these new EAs include Skyline's JPY fix? Let me know. Thanks
Yes. All addtions were added to v1.0a, which had the fixes as stated by skyline at beginning of this thread.

Wackena.
  • #37
  • Aug 19, 2006 5:07pm Aug 19, 2006 5:07pm
Quoting txsundevil
Hello Moneybags:

Are your results running the platform 24-7 for the entire two weeks and through all the reports? If so that is amazing.
Yes, this is running the system 24/7 for the 2 weeks.
Nothing was touched. No manual trade closing or anything like that.

The 30-300-30 refers to the Take Profit - Stop Loss - Pip Step values.
  • #38
  • Aug 19, 2006 5:08pm Aug 19, 2006 5:08pm
Quoting amaruenterprise
Hi moneybags,
If I understood your post you are using the 1 minute Chart rather than the 30 minute one ???? Thanks....
That's correct. All currencies where on the 1 minute timeframe. And above you can see what 30-300-30 stands for. (TP-SL-PipStep)
  • #39
  • Aug 19, 2006 5:11pm Aug 19, 2006 5:11pm
Quoting BenQ
Nice, tight float level. That has to be due to excluding cable.
That definitely helps. It was as low as -$160 Friday morning. And I had already booked about $1700.
  • #40
  • Aug 19, 2006 7:08pm Aug 19, 2006 7:08pm
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 skyline
Yes Yardie definitely !
I'm working to write down a little tutorial with few screenshot to help user to install and use properly EA, when it will be completed i will attach it in first post
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