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Attachments: Firebird EA - fixed version -
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Firebird EA - fixed version -

  • #61
  • Aug 20, 2006 7:26am Aug 20, 2006 7:26am
Quoting Yardie
GBPUSD is the achilles heel of this EA. Try doing the backtest on EURUSD or USDCAD instead.
Ok.. Just tested it on EURUSD from jan 1 to present. it managed to raise equity from 10K to 11200. $1200 profit?

Umm.. I think the RSI+ATR was doing better managing to x2 equity in the same period.
  • #62
  • Aug 20, 2006 7:37am Aug 20, 2006 7:37am
Quoting BurgerKing
Ok.. Just tested it on EURUSD from jan 1 to present. it managed to raise equity from 10K to 11200. $1200 profit?

Umm.. I think the RSI+ATR was doing better managing to x2 equity in the same period.
Personally i don't rely on backtesting, for me it's not so accurate to valuate an EA. I remember an EA on forex-tsd forum based simply on ema cross that in backtest will turn your 10.000$ into a milion $ or something like this, well when i tried in forward test it was a loosing EA.
Only forward test will tell you if an EA could be profitable.
  • #63
  • Aug 20, 2006 8:05am Aug 20, 2006 8:05am
In backtesting different pairs with v1.0b & v1.0c, I'm a bit concerned over the number of open orders at one time. For those of you that will be forward testing, please also report these numbers along with bottom line resutls.

Thanks,

Wackena
  • #64
  • Aug 20, 2006 8:09am Aug 20, 2006 8:09am
Wackena - how about including the hedging features of 1.0b into 1.0c. You could call it...errmmmmm....1.0d.
TRADE FOR SWAP
  • #65
  • Aug 20, 2006 8:13am Aug 20, 2006 8:13am
Quoting cgldsmth
Wackena - how about including the hedging features of 1.0b into 1.0c. You could call it...errmmmmm....1.0d.
v1.0d was born yesterday, but the backtest results not as good. I'm reviewing to try to understand why. I will post this conbined EA soon.

Wackena<!-- / message -->
  • #66
  • Aug 20, 2006 9:12am Aug 20, 2006 9:12am
The RSI+ATR EA has been a big dud for me thus far. Definitely cannot be compared to Firebird.



Quoting BurgerKing
Ok.. Just tested it on EURUSD from jan 1 to present. it managed to raise equity from 10K to 11200. $1200 profit?

Umm.. I think the RSI+ATR was doing better managing to x2 equity in the same period.
  • #67
  • Aug 20, 2006 9:16am Aug 20, 2006 9:16am
How many orders are you talking about here Wackena?



Quoting wackena
In backtesting different pairs with v1.0b & v1.0c, I'm a bit concerned over the number of open orders at one time. For those of you that will be forward testing, please also report these numbers along with bottom line resutls.

Thanks,

Wackena
  • #68
  • Aug 20, 2006 11:47am Aug 20, 2006 11:47am
Hi everyone,

I've been backtesting the Firebird versions a, b, and c, and definitely like versions a and c best. Vesrsion c seems to have a built in function to set the stoploss and trailing stoploss, however when I set them, they don't seem to work (yes, it's in the "Value" section of the expert advisor Input section). Even if I set the trailing stoploss to 50 (and even same with the plain stoploss), I still seem to have times when there is a much greater loss (say, 200 pip loss over many bars). I can't for the life of me understand what I'm doing wrong here. Is this a bug?

I apologise in advance if the answer is obvious, but I'm about ready to pull my hair out on this

Thanks for your input.

Doug
  • #69
  • Aug 20, 2006 12:23pm Aug 20, 2006 12:23pm
Doug can you post your backtesting findings here?



Quoting dcraig
Hi everyone,

I've been backtesting the Firebird versions a, b, and c, and definitely like versions a and c best. Vesrsion c seems to have a built in function to set the stoploss and trailing stoploss, however when I set them, they don't seem to work (yes, it's in the "Value" section of the expert advisor Input section). Even if I set the trailing stoploss to 50 (and even same with the plain stoploss), I still seem to have times when there is a much greater loss (say, 200 pip loss over many bars). I can't for the life of me understand what I'm doing wrong here. Is this a bug?

I apologise in advance if the answer is obvious, but I'm about ready to pull my hair out on this

Thanks for your input.

Doug
  • #70
  • Aug 20, 2006 5:46pm Aug 20, 2006 5:46pm
I hope these go through. The first is a file showing the backtest results, and the second file is a jpeg showing my settings for the EA. I appreciate any help you can offer.

It would seem that there is a 200 pip stoploss looking at the results, yet I very specifically entered a 25 pip stop.

Thanks again.

Doug

PS. If the attachments don't "attach", please PM me, or send me an email at [email protected].
  • #71
  • Aug 20, 2006 6:18pm Aug 20, 2006 6:18pm
Please find attached the files I referred to in the above post. If this attempt does not work, I'm calling it a day

Thanks for your assistance.

Doug
Attached File(s)
File Type: zip FB1c test results.zip   4 KB | 1,456 downloads
File Type: zip settings.zip   120 KB | 1,034 downloads
  • #72
  • Aug 20, 2006 6:28pm Aug 20, 2006 6:28pm
Hmm roughly 50% profit in 8 months using TP and SL 25. Not bad at all. I would bet your returns would have been much bigger with a bigger SL say 300 pips.



Quoting dcraig
Please find attached the files I referred to in the above post. If this attempt does not work, I'm calling it a day

Thanks for your assistance.

Doug
  • #73
  • Aug 20, 2006 6:54pm Aug 20, 2006 6:54pm
Can any one tell me if any thing needs to be changed in the Monet Management for different accounts such as full mini or micro?

Thanks
Doc
  • #74
  • Aug 20, 2006 7:08pm Aug 20, 2006 7:08pm
Although the trailing stop was added to version c, it will not work sometime since it is included in the method "EnterPositionBasedOnOpen". This method will be only invoked when if MathAbs(diverge)<=DivergenceLimit. I think, the correct way to implement the trailing stop is to move the trailing stop out of the "if (MathAbs(diverge)<=DivergenceLimit)".

Thanks!

Scott
  • #75
  • Aug 20, 2006 7:11pm Aug 20, 2006 7:11pm
Yardie,

I agree, if I could ever secure a 50% annual profit in a live account, consistently, I'd certainly be happy. However, my question/issue is that I set a stoploss of 25, yet if you look at the results of the backtest, the stoploss is clearly set at 200 pips. If I set the SL at 25 pips in the EA setup menu (under inputs), shouldn't the SL be 25 pips in my trading log? Yet it has a SL exit planned for 200 pips for each trade.

How can I ensure that the SL set is the SL used in backtesting? Would I have the same problem when forward testing?

Doug
  • #76
  • Aug 20, 2006 8:08pm Aug 20, 2006 8:08pm
Quoting Yardie
How many orders are you talking about here Wackena?
Yardie,

In backtesting over 1 month july16 to aug 18, some pairs had 5-8 orders opened at one time. Float amount seems to be lower, just an increase in number of open orders.

Wackena
  • #77
  • Aug 20, 2006 8:11pm Aug 20, 2006 8:11pm
Hi Guys

OK, before you say it, i'll say it. I MUST BE NUTS.

I have a task for for the people who have been testing firebird long term or those that have had a stoploss.

Go through your statement and only look at your losing trades and check out the charts, to see if at the time of stoploss, how much further did the price move.

Best way to explain is an example.

Below is one of my losing trades.

<table x:str="" style="border-collapse: collapse; width: 512pt;" border="0" cellpadding="0" cellspacing="0" width="679"><col style="width: 42pt;" width="56"> <col style="width: 81pt;" width="108"> <col style="width: 26pt;" width="35"> <col style="width: 24pt;" width="32"> <col style="width: 37pt;" width="49"> <col style="width: 35pt;" span="3" width="46"> <col style="width: 81pt;" width="108"> <col style="width: 35pt;" width="46"> <col style="width: 38pt;" width="50"> <col style="width: 43pt;" width="57"> <tbody><tr style="height: 12.75pt;" height="17"> <td class="xl26" style="height: 12.75pt; width: 42pt;" height="17" width="56">Ticket</td> <td class="xl27" style="width: 81pt;" width="108">Open Time</td> <td class="xl26" style="width: 26pt;" width="35">Type</td> <td class="xl26" style="width: 24pt;" width="32">Lots</td> <td class="xl26" style="width: 37pt;" width="49">Item</td> <td class="xl28" style="width: 35pt;" width="46">Price</td> <td class="xl28" style="width: 35pt;" width="46">S / L</td> <td class="xl28" style="width: 35pt;" width="46">T / P</td> <td class="xl27" style="width: 81pt;" width="108">Close Time</td> <td class="xl28" style="width: 35pt;" width="46">Price</td> <td class="xl30" style="width: 38pt;" width="50">Swap</td> <td class="xl30" style="width: 43pt;" width="57">Profit</td> </tr> <tr style="height: 12.75pt;" height="17"> <td class="xl24" style="height: 12.75pt; width: 42pt;" x:num="" height="17" width="56">1787896</td> <td class="xl25">2006.07.31 06:30</td> <td class="xl24" style="width: 26pt;" width="35">sell</td> <td class="xl24" style="width: 24pt;" x:num="" width="32">0.1</td> <td class="xl24" style="width: 37pt;" width="49">gbpusd</td> <td class="xl29" style="width: 35pt;" x:num="1.865" width="46">1.8650</td> <td class="xl29" style="width: 35pt;" x:num="1.895" width="46">1.8950</td> <td class="xl29" style="width: 35pt;" x:num="1.8620000000000001" width="46">1.8620</td> <td class="xl25">2006.08.04 15:29</td> <td class="xl29" style="width: 35pt;" x:num="1.895" width="46">1.8950</td> <td class="xl31" style="width: 38pt;" x:num="3.16" width="50">$3.16</td> <td class="xl31" style="width: 43pt;" x:num="-300" width="57">-$300.00</td></tr></tbody></table>
If at SL, I had put in a buy trade for 3 full mini lots but target is 10 pips, would you recover your losses every time?

Maybe have a trailing stop put on it.

What are your thoughts?

<table x:str="" style="border-collapse: collapse; width: 512pt;" border="0" cellpadding="0" cellspacing="0" width="679"><tbody><tr style="height: 12.75pt;" height="17"><td class="xl26" style="height: 12.75pt; width: 42pt;" height="17" width="56">
</td><td class="xl27" style="width: 81pt;" width="108">
</td><td class="xl26" style="width: 26pt;" width="35">
</td><td class="xl26" style="width: 24pt;" width="32">
</td><td class="xl26" style="width: 37pt;" width="49">
</td><td class="xl28" style="width: 35pt;" width="46">
</td><td class="xl28" style="width: 35pt;" width="46">
</td><td class="xl28" style="width: 35pt;" width="46">
</td><td class="xl27" style="width: 81pt;" width="108">
</td><td class="xl28" style="width: 35pt;" width="46">
</td><td class="xl30" style="width: 38pt;" width="50">
</td><td class="xl30" style="width: 43pt;" width="57">
</td></tr><tr style="height: 12.75pt;" height="17"><td class="xl24" style="height: 12.75pt; width: 42pt;" x:num="" height="17" width="56">
</td><td class="xl25">
</td><td class="xl24" style="width: 26pt;" width="35">
</td><td class="xl24" style="width: 24pt;" x:num="" width="32">
</td><td class="xl24" style="width: 37pt;" width="49">
</td><td class="xl29" style="width: 35pt;" x:num="1.865" width="46">
</td><td class="xl29" style="width: 35pt;" x:num="1.895" width="46">
</td><td class="xl29" style="width: 35pt;" x:num="1.8620000000000001" width="46">
</td><td class="xl25">
</td><td class="xl29" style="width: 35pt;" x:num="1.895" width="46">
</td><td class="xl31" style="width: 38pt;" x:num="3.16" width="50">
</td><td class="xl31" style="width: 43pt;" x:num="-300" width="57"></td> </tr> </tbody></table>
Mono
  • #78
  • Aug 20, 2006 8:17pm Aug 20, 2006 8:17pm
Quoting dcraig
I hope these go through. The first is a file showing the backtest results, and the second file is a jpeg showing my settings for the EA. I appreciate any help you can offer.

It would seem that there is a 200 pip stoploss looking at the results, yet I very specifically entered a 25 pip stop.

Thanks again.

Doug

PS. If the attachments don't "attach", please PM me, or send me an email at [email protected].
If you are using v1.0c, the stoploss is calculated by the EA. What is entered in the inputs is overwritten by the EA. If control over Stoploss is needed, use v1.0a or 1.0b.

The descriptions of the EAs are on the threads where the EAs are posted,

Wackena
  • #79
  • Aug 20, 2006 8:18pm Aug 20, 2006 8:18pm
Quoting mono
Hi Guys

OK, before you say it, i'll say it. I MUST BE NUTS.

I have a task for for the people who have been testing firebird long term or those that have had a stoploss.

Go through your statement and only look at your losing trades and check out the charts, to see if at the time of stoploss, how much further did the price move.

Best way to explain is an example.

Below is one of my losing trades.

<table x:str="" style="border-collapse: collapse; width: 512pt;" border="0" cellpadding="0" cellspacing="0" width="679"><col style="width: 42pt;" width="56"> <col style="width: 81pt;" width="108"> <col style="width: 26pt;" width="35"> <col style="width: 24pt;" width="32"> <col style="width: 37pt;" width="49"> <col style="width: 35pt;" span="3" width="46"> <col style="width: 81pt;" width="108"> <col style="width: 35pt;" width="46"> <col style="width: 38pt;" width="50"> <col style="width: 43pt;" width="57"> <tbody><tr style="height: 12.75pt;" height="17"> <td class="xl26" style="height: 12.75pt; width: 42pt;" height="17" width="56">Ticket</td> <td class="xl27" style="width: 81pt;" width="108">Open Time</td> <td class="xl26" style="width: 26pt;" width="35">Type</td> <td class="xl26" style="width: 24pt;" width="32">Lots</td> <td class="xl26" style="width: 37pt;" width="49">Item</td> <td class="xl28" style="width: 35pt;" width="46">Price</td> <td class="xl28" style="width: 35pt;" width="46">S / L</td> <td class="xl28" style="width: 35pt;" width="46">T / P</td> <td class="xl27" style="width: 81pt;" width="108">Close Time</td> <td class="xl28" style="width: 35pt;" width="46">Price</td> <td class="xl30" style="width: 38pt;" width="50">Swap</td> <td class="xl30" style="width: 43pt;" width="57">Profit</td> </tr> <tr style="height: 12.75pt;" height="17"> <td class="xl24" style="height: 12.75pt; width: 42pt;" x:num="" height="17" width="56">1787896</td> <td class="xl25">2006.07.31 06:30</td> <td class="xl24" style="width: 26pt;" width="35">sell</td> <td class="xl24" style="width: 24pt;" x:num="" width="32">0.1</td> <td class="xl24" style="width: 37pt;" width="49">gbpusd</td> <td class="xl29" style="width: 35pt;" x:num="1.865" width="46">1.8650</td> <td class="xl29" style="width: 35pt;" x:num="1.895" width="46">1.8950</td> <td class="xl29" style="width: 35pt;" x:num="1.8620000000000001" width="46">1.8620</td> <td class="xl25">2006.08.04 15:29</td> <td class="xl29" style="width: 35pt;" x:num="1.895" width="46">1.8950</td> <td class="xl31" style="width: 38pt;" x:num="3.16" width="50">$3.16</td> <td class="xl31" style="width: 43pt;" x:num="-300" width="57">-$300.00</td></tr></tbody></table>
If at SL, I had put in a buy trade for 3 full mini lots but target is 10 pips, would you recover your losses every time?

Maybe have a trailing stop put on it.

What are your thoughts?

<table x:str="" style="border-collapse: collapse; width: 512pt;" border="0" cellpadding="0" cellspacing="0" width="679"><tbody><tr style="height: 12.75pt;" height="17"><td class="xl26" style="height: 12.75pt; width: 42pt;" height="17" width="56">
</td><td class="xl27" style="width: 81pt;" width="108">
</td><td class="xl26" style="width: 26pt;" width="35">
</td><td class="xl26" style="width: 24pt;" width="32">
</td><td class="xl26" style="width: 37pt;" width="49">
</td><td class="xl28" style="width: 35pt;" width="46">
</td><td class="xl28" style="width: 35pt;" width="46">
</td><td class="xl28" style="width: 35pt;" width="46">
</td><td class="xl27" style="width: 81pt;" width="108">
</td><td class="xl28" style="width: 35pt;" width="46">
</td><td class="xl30" style="width: 38pt;" width="50">
</td><td class="xl30" style="width: 43pt;" width="57">
</td></tr><tr style="height: 12.75pt;" height="17"><td class="xl24" style="height: 12.75pt; width: 42pt;" x:num="" height="17" width="56">
</td><td class="xl25">
</td><td class="xl24" style="width: 26pt;" width="35">
</td><td class="xl24" style="width: 24pt;" x:num="" width="32">
</td><td class="xl24" style="width: 37pt;" width="49">
</td><td class="xl29" style="width: 35pt;" x:num="1.865" width="46">
</td><td class="xl29" style="width: 35pt;" x:num="1.895" width="46">
</td><td class="xl29" style="width: 35pt;" x:num="1.8620000000000001" width="46">
</td><td class="xl25">
</td><td class="xl29" style="width: 35pt;" x:num="1.895" width="46">
</td><td class="xl31" style="width: 38pt;" x:num="3.16" width="50">
</td><td class="xl31" style="width: 43pt;" x:num="-300" width="57"></td> </tr> </tbody></table>
mono,

pls look this post, what do you think about it ? Link

Thanks,

mr.trader
  • #80
  • Aug 20, 2006 8:22pm Aug 20, 2006 8:22pm
Quoting mr.trader
mono,

pls look this post, what do you think about it ? Link

Thanks,

mr.trader
Yeah, I had the same thoughts last week, and have a hedge version running for a couple of days, too early to tell if any good, needs to run a couple of weeks.
Mono
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