Firebird EA - fixed version - | Page 7 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Firebird EA, please test this one, it is one of the greats 1,228 replies

which version of firebird are you using on live account? 12 replies

Firebird V1.0 an amazing EA ! 33 replies

Going live with Firebird 38 replies

My firebird is a roast cornish game hen 3 replies

Attachments: Firebird EA - fixed version -
Exit Attachments

Firebird EA - fixed version -

  • #121
  • Aug 21, 2006 10:55pm Aug 21, 2006 10:55pm
thanks, i set it and it took it's first trade, in the settings it's set for take profit at 22, but the actual trade had a take profit 16 pips from entry, anyone have clues as to why that would happen, it was a winning trade btw.
  • #122
  • Aug 21, 2006 11:03pm Aug 21, 2006 11:03pm
Which pair was it?



Quoting stricko108
thanks, i set it and it took it's first trade, in the settings it's set for take profit at 22, but the actual trade had a take profit 16 pips from entry, anyone have clues as to why that would happen, it was a winning trade btw.
  • #123
  • Aug 21, 2006 11:15pm Aug 21, 2006 11:15pm
It seems everyone is using 1min charts with this EA. Does that mean you also have to change the properties of MA_timeframe to "1" instead of the default "30"? I ask because I have had the EA up and running for almost 24 hours and it has yet to place a single trade.
  • #124
  • Aug 21, 2006 11:56pm Aug 21, 2006 11:56pm
i also noticed a lot are using 1 min charts. Any reason I should be aware of?

Currently I'm trying it out on 1hour chart of USDJPY with 'percent' set to .05. Just started forward testing on my demo a little over 24 hours ago, so far its opened around 14 trades (i have max open positions set to 5), closed 10 of them in profit, the other 4 are still open but in profit, and will stay that way, thanks to the floating stop. so, sofar no losing trades.

if this continues to perform in a similar fashion for a while (few months forward test). i may take it live to see how it really goes.

btw, hi i'm new here.
-i trade currencies at the airport-
  • #125
  • Aug 22, 2006 12:07am Aug 22, 2006 12:07am
Quoting rideblitz
i also noticed a lot are using 1 min charts. Any reason I should be aware of?

Currently I'm trying it out on 1hour chart of USDJPY with 'percent' set to .05. Just started forward testing on my demo a little over 24 hours ago, so far its opened around 14 trades (i have max open positions set to 5), closed 10 of them in profit, the other 4 are still open but in profit, and will stay that way, thanks to the floating stop. so, sofar no losing trades.

if this continues to perform in a similar fashion for a while (few months forward test). i may take it live to see how it really goes.

btw, hi i'm new here.
I just lowered my percent setting to ".05" after you mentioned it, and the EA initiated a trade almost immediately. As far as I know, the 1min charts seem to produce the best results so far.
  • #126
  • Aug 22, 2006 12:38am Aug 22, 2006 12:38am
Quoting SisterCurare
I just lowered my percent setting to ".05" after you mentioned it, and the EA initiated a trade almost immediately. As far as I know, the 1min charts seem to produce the best results so far.
glad it got you moving, just be careful to watch it. if its too small it could initiate false signals, so if it opens a lot of bad trades, try widing it a bit.

and as for 1 minutes producing better results, maybe i'll try out 1min and 1hour on the smae pair and see how each perform.

what is everyone setting the MA_timeframe to for their 1minutes, are you using a timeframe of 1? as that seems logical, but i notice that Sister said something about 30.. as for my 1hour i have the timeframe set respectively to 60. i guess i'll just set the 1min respectively at 1 unless using 30 is the best.

thanks for any tips.
-i trade currencies at the airport-
  • #127
  • Aug 22, 2006 1:39am Aug 22, 2006 1:39am
as time goes on with my original demo the EA is effectively setting up hedge trades without the need for hedge code. The float is up to 4-5k but the profits are rolling in more (about 10-15/day) as a result, with both long and short trades established on most pairs.
Attached File(s)
File Type: zip DetailedStatement.zip   11 KB | 764 downloads
TRADE FOR SWAP
  • #128
  • Aug 22, 2006 1:57am Aug 22, 2006 1:57am
which version of the ea are you guys using, im using 1c on a 1 min chart, with time set to 30 m.

im goign to go live if this keeps up over the next month.
  • #129
  • Aug 22, 2006 1:58am Aug 22, 2006 1:58am
Yardie, im only doing eur/usd, any ideas, i changed the tp and it still opens trades with the tp at 16 pips, im using version 1c, attached is my settings if that helps you find the possible problem.



Quoting Yardie
Which pair was it?
Attached File(s)
File Type: zip euro.zip   < 1 KB | 548 downloads
  • #130
  • Aug 22, 2006 2:06am Aug 22, 2006 2:06am
stricko - I think clever Wackena programmed 1.0c to auto-calculate TP/SL/PS levels so that will be why.
TRADE FOR SWAP
  • #131
  • Aug 22, 2006 2:07am Aug 22, 2006 2:07am
Quoting stricko108
Yardie, im only doing eur/usd, any ideas, i changed the tp and it still opens trades with the tp at 16 pips, im using version 1c, attached is my settings if that helps you find the possible problem.
Version 1c overides the TP and pipstep based on a calculated 21 day range average. If you want to set the TP manually use 1a.
  • #132
  • Aug 22, 2006 2:09am Aug 22, 2006 2:09am
Quoting cgldsmth
as time goes on with my original demo the EA is effectively setting up hedge trades without the need for hedge code. The float is up to 4-5k but the profits are rolling in more (about 10-15/day) as a result, with both long and short trades established on most pairs.
cgldsmth, did you leave EA enabled during news times?
  • #133
  • Aug 22, 2006 2:13am Aug 22, 2006 2:13am
yes, but not overnight. the losses were largely due to the BOE/NFP double whammy.
TRADE FOR SWAP
  • #134
  • Aug 22, 2006 2:15am Aug 22, 2006 2:15am
i've been manually adjusting lot sizes depending on margin available.

will go live this week with mini.
TRADE FOR SWAP
  • #135
  • Aug 22, 2006 2:28am Aug 22, 2006 2:28am
Quoting traderone
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.
traderone,

Yes, FBv63g discussiions are on another thread. Here's the link for FBv63g-TS.

http://www.forexfactory.com/forexfor...&postcount=780

Wackena
  • #136
  • Aug 22, 2006 2:59am Aug 22, 2006 2:59am
Ok cool, well it actually helped get the limits hit in this slow market, so i guess it's a good thing. 2nd trade opened, and it's 12 pips up already, I'm using ibfx, seems to work well, goign to try with live micro lots pretty soon, then keep getting heavier as the months go on if it stays successful.



Quoting cgldsmth
stricko - I think clever Wackena programmed 1.0c to auto-calculate TP/SL/PS levels so that will be why.
  • #137
  • Aug 22, 2006 3:01am Aug 22, 2006 3:01am
cgldsmth
Which broker are you going live with, and which version of the EA are you using?

thanks for you help.

Quoting cgldsmth
i've been manually adjusting lot sizes depending on margin available.

will go live this week with mini.
  • #138
  • Aug 22, 2006 3:10am Aug 22, 2006 3:10am
IBFX using the original v63G with 30-300-30 settings. Nothing too fancy. Will avoid JPY crosses but think will keep cable for now since is providing a lot of good trades.
TRADE FOR SWAP
  • #139
  • Aug 22, 2006 3:21am Aug 22, 2006 3:21am
Cool, im using 1c, and only eur/usd, made 25 pips so far, and i only turned it on about 5 hours ago, very impressive for how slo the market has been.

I can't see why overall this EA wont' be profitable with real money.
I guess we'll soon find out.

Maybe when we are both live we can see which settings and version produce the most live pips per pair.
  • #140
  • Aug 22, 2006 3:24am Aug 22, 2006 3:24am
Here are some demo results for FB_v1.0b (hedge version) from Aug 21.

19 wins, 0 loses. Account Equity needs just $10 more to be in the black. Not bad for 1 day. On $5,000 deposit, net profit = $535 and float is ~-$650. The unknown and possible scary item is the ~30 open orders on 9 pairs. Even tough the float is reasonable now, I not sure how this will work out in the long run.

Wackena
Attached File(s)
File Type: zip FB_v1.0b-demo.zip   9 KB | 593 downloads
0 traders viewing now