Firebird EA - fixed version - | Page 17 | 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 -

  • #321
  • Aug 25, 2006 3:27pm Aug 25, 2006 3:27pm
Trader 7,


Thanks for the information. Yes I have noticed most are trading in 1M TF which I with other systems would have a higher statistical probably of success in higher TFs. In the case of Firebird, perhaps 5 or 15 min TF might help to reduce the number of open positions along with a 'reasonable' pipstep. Regarding MONO's setting, I've read nearly all of the Firebird posting but I think I missed his personal settings.

Alan
  • #322
  • Aug 25, 2006 3:29pm Aug 25, 2006 3:29pm
good evening folks

i have attached the statements of all my demos which i run for ~2days.
the normal firebird versions started i with 7 pairs and added the AUD/USD yesterday and the GBP/JPY today. the 1.0a with the settings of Mono are using 10pairs.

the 1.0b, 1.0c and 1.0a Mono settings are the most proftable till now but they have also a lot of float more
Attached File(s)
File Type: zip Firebird 1a statement.zip   8 KB | 579 downloads
File Type: zip Firebird 1b statement.zip   8 KB | 564 downloads
File Type: zip Firebird 1c statement.zip   11 KB | 627 downloads
  • #323
  • Aug 25, 2006 3:30pm Aug 25, 2006 3:30pm
here are the other two

edit: the version of mono i have started yesterday and not like the other (two days ago)
Attached File(s)
File Type: zip Firebird 63g TS statement.zip   8 KB | 645 downloads
File Type: zip Firebird 1a Mono settings 10pairs.zip   10 KB | 611 downloads
  • #324
  • Aug 25, 2006 3:35pm Aug 25, 2006 3:35pm
Quoting AlanD
Trader 7,


Thanks for the information. Yes I have noticed most are trading in 1M TF which I with other systems would have a higher statistical probably of success in higher TFs. In the case of Firebird, perhaps 5 or 15 min TF might help to reduce the number of open positions along with a 'reasonable' pipstep. Regarding MONO's setting, I've read nearly all of the Firebird posting but I think I missed his personal settings.

Alan

the settings of mono are attached in the first post in this thread. if i am not wrong
  • #325
  • Aug 25, 2006 3:46pm Aug 25, 2006 3:46pm
I think I like v0.63 results best.

v0.63: 522.29 profit / 138.84 float= 3.76
v1.0c: 1 354.24 /1 472.16 float = 0.92

Over simplified it means v0.63 is 4x safer.
Change 0.1 in v0.63 to 0.25 lots and profits are about the same as v1.0c
With a float of only $360
May the pips be with you.
  • #326
  • Aug 25, 2006 3:54pm Aug 25, 2006 3:54pm
Trader7,


Thanks great information you just provided regarding the profit factor comparison between V.063 and 1(c). I've been running vers 1(c) this week and while I've been impressed with the equity line (using the default settings), the float has been comparatively high. The .92 PF you posted sounds about right. I'll take a look at the setting you provide for vers. (G). I would consider going live in the next few weeks if I can determine the right combination of settings with a high enough confidence factor to trade on.

Added comment: what is the length of time your PF values are based on? I understood earlier your comment about compounding and I'm fully on board with its impact. Do you prefer periods greater than 1 minute yet longer than 1H?

Alan
  • #327
  • Aug 25, 2006 3:57pm Aug 25, 2006 3:57pm
Hi Guys

Week 10 of Firebird 30-300 and pips booked so far are 9660

Win/Loss is at 442/12

And float @ -$2350
Attached File(s)
File Type: zip Firebird 30-300.zip   30 KB | 604 downloads
Mono
  • #328
  • Aug 25, 2006 4:02pm Aug 25, 2006 4:02pm
After 4 weeks Firebird Ind has booked 13614 pips

Win/Loss is 766/10

And float is @ -$5800.

Its really loaded up, so I'm looking forward to a 200 pip spike next week, to clear the float, one way or another.
Attached File(s)
File Type: zip Firebird Ind.zip   41 KB | 613 downloads
Mono
  • #329
  • Aug 25, 2006 4:09pm Aug 25, 2006 4:09pm
Quoting AlanD
Trader7,
Added comment: what is the length of time your PF values are based on? I understood earlier your comment about compounding and I'm fully on board with its impact. Do you prefer periods greater than 1 minute yet longer than 1H?
I took the numbers from ART 1 a few posts above.
Diffrent settings diffrent results. But it was just meant as a rough estimate.

About the timeframes I can't really comment. I mostly used D1 but more recently I'm looking at M30. Never looked lower.
Other timeframes, other problems I fear...
May the pips be with you.
  • #330
  • Aug 25, 2006 4:14pm Aug 25, 2006 4:14pm
Quoting mono
Hi Guys

Week 10 of Firebird 30-300 and pips booked so far are 9660

Win/Loss is at 442/12

And float @ -$2350
Mono:

Whats the difference between the 2 statements and indicators you post?

tnx
Have a good day and a good trade!
  • #331
  • Aug 25, 2006 4:17pm Aug 25, 2006 4:17pm
Quoting TraderSeven
I think I like v0.63 results best.

v0.63: 522.29 profit / 138.84 float= 3.76
v1.0c: 1 354.24 /1 472.16 float = 0.92

Over simplified it means v0.63 is 4x safer.
Change 0.1 in v0.63 to 0.25 lots and profits are about the same as v1.0c
With a float of only $360


i have a short question only for confirmation: the v0.63g is the same as 1.0a? the diffrence are some fixes or anything else?

thanks
  • #332
  • Aug 25, 2006 4:18pm Aug 25, 2006 4:18pm
Great testing Mono. I'm not so happy with the float (but that's personal) but the overal results are promissing.

If this is real life performance that last over long periods of time we have a very reasoneble EA I think.
May the pips be with you.
  • #333
  • Aug 25, 2006 4:21pm Aug 25, 2006 4:21pm
Quoting ART_1_
i have a short question only for confirmation: the v0.63g is the same as 1.0a? the diffrence are some fixes or anything else?

thanks
Go to the first post of this thread. There you'll find the differences between the versions.
May the pips be with you.
  • #334
  • Aug 25, 2006 4:21pm Aug 25, 2006 4:21pm
Quoting jtacher
Mono:

Whats the difference between the 2 statements and indicators you post?

tnx
Firebird 30-300 has 1 setting for all pairs and the EA has not got the divergence fix, which affects the jappy pairs.

Firebird Ind has individual settings for each pair, and the EA has the divergence fix.
Mono
  • #335
  • Aug 25, 2006 4:25pm Aug 25, 2006 4:25pm
Quoting TraderSeven
Great testing Mono. I'm not so happy with the float (but that's personal) but the overal results are promissing.

If this is real life performance that last over long periods of time we have a very reasoneble EA I think.
Yeah, float is high. I think you'll find Firebird works best if you switch on after NFP or FORMC statement and let it run for 2 - 2.5 weeks, then switch off, closing all positions.
Mono
  • #336
  • Aug 25, 2006 4:34pm Aug 25, 2006 4:34pm
Quoting mono
Yeah, float is high. I think you'll find Firebird works best if you switch on after NFP or FORMC statement and let it run for 2 - 2.5 weeks, then switch off, closing all positions.
Why after news and not before?
During news is risky. But before news the market can get nervous creates some nice spikes. It depends on the news impact but what about switching it of 2-3 hours before and after the news.
US news affects USD crosses more than crosses without USD.
So complete shutdown might be overkill.
May the pips be with you.
  • #337
  • Aug 25, 2006 4:38pm Aug 25, 2006 4:38pm
Quoting TraderSeven
Why after news and not before?
During news is risky. But before news the market can get nervous creates some nice spikes. It depends on the news impact but what about switching it of 2-3 hours before and after the news.
US news affects USD crosses more than crosses without USD.
So complete shutdown might be overkill.
Your losses are not created by the news, because divergence on the 1min chart keeps you out. The losing trades are the one opened a week before the news. The news just helps push them over the edge.
Mono
  • #338
  • Aug 25, 2006 5:28pm Aug 25, 2006 5:28pm
Hi all!

I would need your help please i am running firebird live now on my mini account on IBFX. Everything seems to work good but there are no pipsteppositions opened on Yenpairs. I use version 1.A but changed the settings to monos settings (TP and SL) but with an higher pipstep. Others pairs open the mainorder and pipsteporder, but unfortunately YEN pairs dont. ANY ideas???

Thanks for your help!!!!
  • #339
  • Aug 25, 2006 5:31pm Aug 25, 2006 5:31pm
If you were trading version b of Firebird you would have had profits this week. I booked 2580 the past 3 days and my float is about -1500 pips. I am trading 6 pairs EURUSD, USDJPY, EURJPY, GBPUSD, USDCHF and USDCAD. PIPstep, SL etc is same at Mono's original 30-300-30.



Quoting mr.marketz
After my 2<SUP>nd</SUP> week of live trading Firebird – here are some of my experiences and thoughts…. I hope they are helpful.

My Experience:
Last week – intervened in about ½ of the trades (closing early profit to keep my gearing light – I was too aggressive on the contract sizes). Generated approx. 250% return. However, after reviewing the charts last weekend and the USD retraction market open this week, I quickly realized that I could have cleared around 350% - if not higher.
This week – (started 2<SUP>nd</SUP> trading day… I was licking my wounds the first night after realizing I was too hasty the week before) Lowered my gearing by half of a lot size. I added 4 lower range pairs for a total of 10 – with specific inputs per each pair. Firebird was activated for 2<SUP>nd</SUP> session of <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" /><st1:country-region w:st="on"><st1lace w:st="on">Japan</st1lace></st1:country-region> and left untouched (for the most part – I do generally shut down for news) till today NY close.

<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o></o>
My Thoughts:
The results for this week have been stagnant –apparently across the board. What I mean is, based on what I’m reading from everybody’s results, my foreword demo from last week and my live account – is that I find a consistency. Float loss and gain equilibrium.
I believe this week was not a good one for Firebird due to the smooth momentum of market action (no crazy retracting spikes to capitalize on). It also appears that regardless of the different settings everyone is using the results are the same. Float and booked profits are proportional.

If anyone here has experienced anything different this week, I encourage you to share. This way we can develop a better ideology towards Firebird.

<o></o>
  • #340
  • Aug 25, 2006 5:40pm Aug 25, 2006 5:40pm
Hello,
This is my first short test on Firebird v1.0b.
Timeframe: M1
Pairs: USDJPY, EURUSD, GBPUSD, EURJPY, AUDUSD, USDCHF, EURGBP, USDCAD, EURCHF

I will apreciate your comments.
Thanks.
Attached File(s)
File Type: zip Firebird10b_22-25.08.2006.zip   9 KB | 526 downloads
2 traders viewing now