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Firebird EA - fixed version -

  • #101
  • Aug 21, 2006 9:43am Aug 21, 2006 9:43am
Quoting HAGeek
well i am running version b and it seems like it will not hedge usd/chf orders.

others are working but not this pair. what gives?

anyone else have problems with it?

Thanks!
HAGeek, please read post #91. This is most likely what you are seeing.

Wackena
  • #102
  • Aug 21, 2006 9:53am Aug 21, 2006 9:53am
Quoting mr.trader
Hello friendīs,

iīve got a problem, till market opening i run this EA Version 1.0a in an Interbank FX Live account... he work good for 2 hours... since them i have a error popup when ever price is chanching...

I try the older version 63G also not working, the same....

Ever this stupid popup "excessive loss" comes when price is chanching...
See the logfie...

Anyone an idea to fix it ? THANK YOU !!

mr.trader
The "Excessive Loss" alert is when AccountEquity has loss value as set by the input PipsLoss=500 * Lot Size. You can turn the alert off by waiting and it will reset itself at end of day. 2nd by increasing the PipsLoss input value. Or, comment out the alert line in the code.

Wackena
  • #103
  • Aug 21, 2006 11:39am Aug 21, 2006 11:39am
Quoting HAGeek
so let me get this straight...

300 bucks in a micro account. 3 pairs max.. maybe 2. eur/usd usd/cad example.

set lot size in EA to 0.01 if in micro account.

If allready in a mini account just leave at 0.1 ?

So if i had 1000.00 in a mini account... i could trade with 10 pairs theoretically?

Mono, what broker do you use?

Thanks for quick response.

Hi,

I have just joined this group yesterday and allready started using Firebird v1.0c. I use InterbankFX broker and I am very happy with them.They have micro lots from 0.01 up to 0.05 (from 1 to 5 US cents).Happy trading and stay in touch.
  • #104
  • Aug 21, 2006 1:56pm Aug 21, 2006 1:56pm
or can i just open a mini account and trade with 0.1 lots? would that be 10 cents a pip?

thanks!
  • #105
  • Aug 21, 2006 2:01pm Aug 21, 2006 2:01pm
Quoting HAGeek
or can i just open a mini account and trade with 0.1 lots? would that be 10 cents a pip?
thanks!
Yes, at least with IBFX.
  • #106
  • Aug 21, 2006 2:03pm Aug 21, 2006 2:03pm
Anyone other than Wizard that are trading live that would like to share their experience? Which broker is being used...what kind of results etc. I have been demoing, but I know someone using Firebird on a live account with the same broker I am demoing in with and the EA doesnt open as much orders and do the pipstep thing.
  • #107
  • Aug 21, 2006 3:09pm Aug 21, 2006 3:09pm
Quoting Yardie
Anyone other than Wizard that are trading live that would like to share their experience? Which broker is being used...what kind of results etc. I have been demoing, but I know someone using Firebird on a live account with the same broker I am demoing in with and the EA doesnt open as much orders and do the pipstep thing.
hello yardie,

at market opening i startet live trading with the version 1.0a but it donīt works ... there is ever the same error popup when proce is chanching... "excessive loss" is the error massage.... it opened the first 5 orders and than ever comes this error, no more trades...

My Live Broker: IBFX

Do you know how to fix that ?

Regrads,

mr.trader
  • #108
  • Aug 21, 2006 3:26pm Aug 21, 2006 3:26pm
Thats a good question Yardie. Seems to work pretty darn good on demo. But unless we can see some live results, it really mean much. We all know demo's don't alwayswork the same as live??



Quoting Yardie
Anyone other than Wizard that are trading live that would like to share their experience? Which broker is being used...what kind of results etc. I have been demoing, but I know someone using Firebird on a live account with the same broker I am demoing in with and the EA doesnt open as much orders and do the pipstep thing.
  • #109
  • Aug 21, 2006 3:29pm Aug 21, 2006 3:29pm
Quoting mr.trader
hello yardie,
at market opening i startet live trading with the version 1.0a but it donīt works ... there is ever the same error popup when proce is chanching... "excessive loss" is the error massage.... it opened the first 5 orders and than ever comes this error, no more trades...
My Live Broker: IBFX
Do you know how to fix that ?
Regrads,
mr.trader
Ver 1.0a is working on my live account with IBFX. Did you follow Wackena's recommendations? It should have fixed the problem. Personally I use 900 or higher for the 'PipsLoss' input.

I do think there is a problem with the feature. I only need to alter 'PipLoss' when I am trading micro or double micro lots.
  • #110
  • Edited 3:56pm Aug 21, 2006 3:34pm | Edited 3:56pm
Quoting Yardie
Anyone other than Wizard that are trading live that would like to share their experience? Which broker is being used...what kind of results etc. I have been demoing, but I know someone using Firebird on a live account with the same broker I am demoing in with and the EA doesnt open as much orders and do the pipstep thing.
Yardie,
I'm using IBFX for a little over a week - nice results. On Mono 6 pairs and 30-300 settings. Doing some intervention...results would be better if I hadn't...at least last week. All in all, it's performing nicely - no issues with broker.
  • #111
  • Aug 21, 2006 4:26pm Aug 21, 2006 4:26pm
Quoting Yardie
Anyone other than Wizard that are trading live that would like to share their experience? Which broker is being used...what kind of results etc. I have been demoing, but I know someone using Firebird on a live account with the same broker I am demoing in with and the EA doesnt open as much orders and do the pipstep thing.
Yardie, I have a mini Live account with IBFX. I've run different EAs for several months. Firebird and it's version for about 6 weeks. So far, no complaints on IBFX Live service. I do have complaints for their Demo service. I've lost 3 demos while running. For no apparent reason, it has "invalid account" in the connection status box. IBFX online support has not been able to correct the problem. I've had to restart with a new account and then it runs OK again. I just don't like losing the ongoing forward test.

I put FB v63g-TS on mini Live account Aug 10 . 9 pairs and so far, 54 wins, 0 loses.

Wackena
  • #112
  • Aug 21, 2006 5:13pm Aug 21, 2006 5:13pm
Quoting wackena
Yardie, I have a mini Live account with IBFX. I've run different EAs for several months. Firebird and it's version for about 6 weeks. So far, no complaints on IBFX Live service. I do have complaints for their Demo service. I've lost 3 demos while running. For no apparent reason, it has "invalid account" in the connection status box. IBFX online support has not been able to correct the problem. I've had to restart with a new account and then it runs OK again. I just don't like losing the ongoing forward test.

I put FB v63g-TS on mini Live account Aug 10 . 9 pairs and so far, 54 wins, 0 loses.

Wackena
Wackena, I have had the same issue with demo accounts with MT4 itself. Now I am trading an IBFX mini demo with version 1.0c. I will publish weekly results - first 12 hours was looking good though - did not include GBPUSD.

Andydoc
Andy
  • #113
  • Aug 21, 2006 5:38pm Aug 21, 2006 5:38pm
Quoting Yardie
Yes wizard what kind of results have you been getting on your LIVE account?
With an initial deposit of $1000, I currently have $305 profit floating loss $43 currently. Position size is 0.1 on an IBFX mini account which is a $1000 position which gives me 3% risk per trade. Using 30-300-30. So far 1 loss which could have been avaided. I have had a few losses on my demo accounts over the past few months. I haven't tried any of the updated versions yet. So far 132 trades with 1 loss which was a manual close due to fear on my part. Market eventually turned so this loss would have been a profit if I hadn't bailed out early.

I am following, GBP/USD, USD/JPY, EUR/USD, USD/CHF, USD/CAD and AUD/USD (on 1min timeframe - EA set to 30min). I dumped EUR/JPY recently but still have 2 open positions.

I am often tempted to turn off the EA when the float is reasonably low and close all positions and start again. I am managing to resist the urge and let the EA do its stuff. So far so good.

Wiz.
  • #114
  • Aug 21, 2006 5:39pm Aug 21, 2006 5:39pm
I've been looking for :

FB v63g-TS version of Firebird but can't seem to find it. Is it on this thread or another? If somebody could point me to this EA I would appreciate it.

I've been running the non TS version with good success lately. Thanks for any help here.
Don Life is expensive, but includes a free trip around the sun.
  • #115
  • Aug 21, 2006 5:40pm Aug 21, 2006 5:40pm
Wizard - how long ago did you start with your $1000?

Andydoc
Andy
  • #116
  • Aug 21, 2006 5:42pm Aug 21, 2006 5:42pm
Quoting andydoc
Wizard - how long ago did you start with your $1000?

Andydoc
8th of August is when I began live trading
  • #117
  • Aug 21, 2006 5:56pm Aug 21, 2006 5:56pm
30% in 13 days - now that's what I call interesting!
Andy
  • #118
  • Edited 6:22pm Aug 21, 2006 6:11pm | Edited 6:22pm
Its true. Demo does not usually have requotes and all that stuff.

All thanks for sharing your live results. It seems all the live accounts are with IBFX so far. Good to know they support the EA (maybe because they dont have a dealing desk)?. I am wondering about other brokers.

Quoting alsup1955
Thats a good question Yardie. Seems to work pretty darn good on demo. But unless we can see some live results, it really mean much. We all know demo's don't alwayswork the same as live??
  • #119
  • Aug 21, 2006 8:21pm Aug 21, 2006 8:21pm
hi

I going to demo this on a 1 min chart of euro, i've loaded the ea succesfully and turned allow live trading on, is that all I have to do to test upcoming trades?

And is the strategy tester button, is that just for back testing, or do I have to have that on to test it live?

Thanks for you guys patience with us newbies.
  • #120
  • Aug 21, 2006 9:47pm Aug 21, 2006 9:47pm
Quoting stricko108
I going to demo this on a 1 min chart of euro, i've loaded the ea succesfully and turned allow live trading on, is that all I have to do to test upcoming trades?
You should be set to go. Just make sure you toggled the "Expert Advisers" button on the main toolbar so EA's are allowed to run regardless of each individual chart's settings.

Quote
And is the strategy tester button, is that just for back testing, or do I have to have that on to test it live?

You've got it. It's just for backtesting, something that FB doesn't take too well to .
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