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  • #481
  • Aug 29, 2006 11:55pm Aug 29, 2006 11:55pm
Quoting forexpips
Hello all,

I am running Firebird 63G TS on 5 pairs: GBPUSD, EURUSD, USDCHF, USDCAD, and USDJPY.

Only ONE trade has been opened on the JPY. In the last 24 hours, no new trades have been opened...Any help would be appreciated.
Hi Forexpips, I've given the link here to the folder containing my most recent three statements which i began a new forward test Sunday afternoon. If you look in the folder please not the one with the 63G-TS. There you will see over a dozen trades taken for the GBPUSD, EURUSD, USDCHF, USDCAD pairs. I never warmed up to the jpy in manual trading so i didn't bother w/fb.

Not that the above will "help" but there were trades being taken by the default 63G-TS through my InterbankFX demo account.

http://www.accrete.com/fx-posts/eafb-statements/

Cheers,
Thom

PS, Oh Jason, you made my day with your witt and humor...glad to see you still have it after the usual EA-ramp-up.
  • #482
  • Aug 30, 2006 12:24am Aug 30, 2006 12:24am
So, let me tell you my scheme. It's classified, so you can't tell anyone.

I have subscribed to James16's super secret-underground mystery lair. (Which is what he calls it behind everyones back ) Here, I will learn how to be the trader I want to be. I honestly believe that if I do my homework and play right, someday I can be sucessful at this thing we do.

(All humor aside, I really do believe in this group, just from my limited exposure. They really seem to make it possible, as long as I am willing to work )

I was hoping, however, that in the meantime, a certain EA might make me some money, might get past the weaknesses that I have as a year-old trader. But but but..what settings would I use? How would I set it up? All mysteries. (Tomorrow, maybe I should print out the hundred pages on the subject and take them to a soothsayer...)

So I thought that the EA might make me something in the meantime. It seems like many many people had a lot of luck with it... seventeen zillion wins and 0 losses, stuff like that. Even people who were trading live seemed to be making it work.
Thats what I wanted. It wasn't until Traderseven came along that I really came to hear the drawdown of the EA at all. People had issues, but it seemed like they fixed them just as quickly.
I began to suspect that perhaps I wasn't hearing the bad as often.

I've put just a little time into reading. How many people are live with Firebird now? How many of those are happy with it?

Thanks you guys. I really appreciate this community!!
  • #483
  • Aug 30, 2006 12:56am Aug 30, 2006 12:56am
Very, very early in the forward testing for me...but here is what i can say. Suppose i had opened up a 500mini account and traded it at the micro level. Tonight at 23:00ish Pacific Time, on the top performer (v1.0c1) of the three in my small test i have 917 positive pips closed, and no losses in the closed trades, and 232 negative float. IF, If i decided to close things out after only running this from this past Sunday at market open to tonight (a bit over 2 full day's trading including the UK holiday), i would have banked 685 positive pips or an average of over 340 pips each day. I have NEVER even dreamed of having a 300+ pip day! Maybe i'm thinking to small? But what if it was only half or one quarter this good in a live account? Anyone could/should be able to make a decent living (i know i could w/my simple lifestyle!).

The test goes on.

: ) Thom
  • #484
  • Aug 30, 2006 1:13am Aug 30, 2006 1:13am
Quoting accrete
Very, very early in the forward testing for me...but here is what i can say. Suppose i had opened up a 500mini account and traded it at the micro level. Tonight at 23:00ish Pacific Time, on the top performer (v1.0c1) of the three in my small test i have 917 positive pips closed, and no losses in the closed trades, and 232 negative float. IF, If i decided to close things out after only running this from this past Sunday at market open to tonight (a bit over 2 full day's trading including the UK holiday), i would have banked 685 positive pips or an average of over 340 pips each day. I have NEVER even dreamed of having a 300+ pip day! Maybe i'm thinking to small? But what if it was only half or one quarter this good in a live account? Anyone could/should be able to make a decent living (i know i could w/my simple lifestyle!).

The test goes on.

: ) Thom
Yes Accrete, it does work well during minor news weeks. I, like you, would be happy if it could bring in 50 pips a day. But to my surprise, when its doing 3000 pips a week, you have to take notice of its acheivements.

There is also a downside, and it usually comes on NFP week and the week after, when major data comes out. Luckly the interest rate hike for EUR & UK happened last month, so its unlikely any major movement will happen (fingers crossed). So the 2 statements I'm worried about for September is NFP this Friday and FORMC on the 25th. In between those 2 dates should bring lots of pips.
Mono
  • #485
  • Aug 30, 2006 1:53am Aug 30, 2006 1:53am
Quoting HAGeek
what version are you using in that latest posting of results?

there are multiple lots traded.

just wondering...

Thanks!!!
v63G 30-300-30. the float is necessary to real in the pips
TRADE FOR SWAP
  • #486
  • Aug 30, 2006 2:23am Aug 30, 2006 2:23am
Quoting dcraig
I was recently backtesting the FB EA in Strategy Tester, and settings that worked well the previous night weren't working AT ALL. I checked and re-checked all inputs and settings, timeframes, dates, etc., and everything was the same as my previous days' settings. Then I noticed in the Report section, that the "bars in test" was only 1681 !!. I was on 1M charts with the test period set for one month (there are 1440 minutes in a day, so this was only a little more than a day's worth of bars). I increased the the number of days in the test, and it zipped right to conclusion (with no results), and still only had 1681 bars.

Has anyone had this problem before? I've already checked the Tools/Options/Charts, and the setting is normal. I can't figure this out, and it's really getting to me. I've rebooted the computer, cleaned out the cache, and still nothing. I still get 1681 bars no matter if I set the backtest for a month or a year. HELP!!!

Thanks in advance for ANY assistance on this matter.

Doug
Doug
Perhaps the settings in Tools/Options/Charts are OK, but you stil did not download the actual data. Open the chart you want and hit "Home" - the chart will go to the first bar in the history file. Keep on hitting home (Go & make coffee - it may take a while). Another trick, set the chart to the smallest possible view before you start, then it is quicker - it downloads a screen at a time.
  • #487
  • Aug 30, 2006 2:51am Aug 30, 2006 2:51am
Hi, Have been running FB 1.0c1 for about 24 hrs now but it has not opened a single trade. Using default settings. Smiley face is there and everything seems fine. Any assistance appreciated
  • #488
  • Aug 30, 2006 4:05am Aug 30, 2006 4:05am
Quoting accrete
Very, very early in the forward testing for me...but here is what i can say. Suppose i had opened up a 500mini account and traded it at the micro level. Tonight at 23:00ish Pacific Time, on the top performer (v1.0c1) of the three in my small test i have 917 positive pips closed, and no losses in the closed trades, and 232 negative float. IF, If i decided to close things out after only running this from this past Sunday at market open to tonight (a bit over 2 full day's trading including the UK holiday), i would have banked 685 positive pips or an average of over 340 pips each day. I have NEVER even dreamed of having a 300+ pip day! Maybe i'm thinking to small? But what if it was only half or one quarter this good in a live account? Anyone could/should be able to make a decent living (i know i could w/my simple lifestyle!).

The test goes on.

: ) Thom
To me and my trading style, this is why I opened up testing on 1.0A as it is the more "slow and steady" of the group of three Firebirds. I like having a limited float, especially if it is all encompassed by my total gains. That being said, I ran a demo of 1.0C and it did tack on some impressive results, but it made me uneasy having four trades float around at $-600 in my open trades by themselves out of a total float of $-900 compared to $950 booked gains. After removing the troublesome pair (GBP/JPY) from my trading, I have booked a solid $450 in the past 24 hours on mini lots on six pairs with a maximum float of about $-250. So overall, I would call that good progress . I give my humble thanks to mono, traderseven, et all who have put forth their time and effort into Firebird because I think that they really are onto something worthwhile.
  • #489
  • Aug 30, 2006 5:05am Aug 30, 2006 5:05am
Quoting hoosain
Hi, Have been running FB 1.0c1 for about 24 hrs now but it has not opened a single trade. Using default settings. Smiley face is there and everything seems fine. Any assistance appreciated
Try a backtest to determine if the EA is placing orders. If not, I suggest downloading and reloading the EA.

Wackena.
  • #490
  • Aug 30, 2006 5:36am Aug 30, 2006 5:36am
Quoting accrete
Very, very early in the forward testing for me...but here is what i can say. Suppose i had opened up a 500mini account and traded it at the micro level. Tonight at 23:00ish Pacific Time, on the top performer (v1.0c1) of the three in my small test i have 917 positive pips closed, and no losses in the closed trades, and 232 negative float. IF, If i decided to close things out after only running this from this past Sunday at market open to tonight (a bit over 2 full day's trading including the UK holiday), i would have banked 685 positive pips or an average of over 340 pips each day. I have NEVER even dreamed of having a 300+ pip day! Maybe i'm thinking to small? But what if it was only half or one quarter this good in a live account? Anyone could/should be able to make a decent living (i know i could w/my simple lifestyle!).

The test goes on.

: ) Thom
top performer is v1.0c??

i'm been running forward test for v63-ts and v1.0a since monday.

nothing much... 270 pips for v1.0a (30-300-30)

i was gonna opened a ibfx $500 account, just cant make up my mind what version to go live......

live goes on.

Chad
  • #491
  • Aug 30, 2006 5:49am Aug 30, 2006 5:49am
Benna,


THANKS for responding to my frantic email. I'm anxious to try your suggestion - where is the "home" button? I'm a little embarrased, but I can't find it ...

Thanks again for responding.

Doug
  • #492
  • Aug 30, 2006 5:58am Aug 30, 2006 5:58am
Please give us an advice of how to fix it.
Thanks,

Quoting Takisd
The floating crap on this EA is so disappointing. Most ofthe time 90% of the profit is taken up by floating loss. There has to be a way to fix that.
  • #493
  • Aug 30, 2006 6:26am Aug 30, 2006 6:26am
Quoting chad
top performer is v1.0c??

i'm been running forward test for v63-ts and v1.0a since monday.

nothing much... 270 pips for v1.0a (30-300-30)

i was gonna opened a ibfx $500 account, just cant make up my mind what version to go live......

live goes on.

Chad
hi chad

i opened last friday or thursday a live account with ibfx. i am using v 1.a 30-300-30 but i think i will switch to 63g-TS becos on my demo account it has often a lot of float less then the 1.0a and the pips are nearly the same (atm has the 63g-TS more pips booked)
  • #494
  • Aug 30, 2006 6:58am Aug 30, 2006 6:58am
Quoting mono
Yes Accrete, it does work well during minor news weeks...There is also a downside, and it usually comes on NFP week and the week after, when major data comes out...
Hi Mono ( : and all : ), what is the general thought on NFP and other big "news" do you turn off the EAs? Just wondering with the big day coming up this Friday.

EA demo as of this post at 5am Pacific Wed IBFX demo all at default settings, opened this last Sunday:
v1-0b2 closed +829 float -607
v1-0c1 closed +1024 float -228
63G-TS closed +587 float -417

Cheers,
Thom
  • #495
  • Aug 30, 2006 9:34am Aug 30, 2006 9:34am
Quoting chad
top performer is v1.0c??

i'm been running forward test for v63-ts and v1.0a since monday.

nothing much... 270 pips for v1.0a (30-300-30)
270 pips not much for 2 days trading?
That's $27k/month if trading full lots.

Even 10 pips a day is great. Think about the compouding effect....
May the pips be with you.
  • #496
  • Aug 30, 2006 9:41am Aug 30, 2006 9:41am
I think people are getting accustomed to the thousands of pips that are reported here weekly.



Quoting TraderSeven
270 pips not much for 2 days trading?
That's $27k/month if trading full lots.

Even 10 pips a day is great. Think about the compouding effect....
  • #497
  • Aug 30, 2006 9:45am Aug 30, 2006 9:45am
Quoting accrete
Hi Mono ( : and all : ), what is the general thought on NFP and other big "news" do you turn off the EAs? Just wondering with the big day coming up this Friday.

EA demo as of this post at 5am Pacific Wed IBFX demo all at default settings, opened this last Sunday:
v1-0b2 closed +829 float -607
v1-0c1 closed +1024 float -228
63G-TS closed +587 float -417

Cheers,
Thom
Thom,

My oppinions are simply that. I am seriously considering closing all positions before the release comes out. In addition to turning off the EA. The problem is that noone knows how the market will react this time. It may be the best trading day of the week. So as usual I am hesitant. I think there is some merit in closing all positions after a period of time and starting again. Especially when positions stray too far. I have 2 EUR/JPY short trades that are getting close to being stopped out. USD/JPY has a few also. I think this is the hardest thing with this EA. It
s hard to know when to take a small loss as the strategy depends on a large stop loss. The whole thing is so unconventional that it's difficult to know what to do. Do we step in and possibly ruin a good mechanical system with our personal flaws or just let it do its stuff. I would like to just let it run but the fear of a possible large loss sometimes gets the better of me.

Wiz.
  • #498
  • Aug 30, 2006 9:50am Aug 30, 2006 9:50am
Quoting Yardie
I think people are getting accustomed to the thousands of pips that are reported here weekly.
Yes it's like living in fantasy land. Just wondering when the storm will hit. When will the bird die?
  • #499
  • Aug 30, 2006 10:07am Aug 30, 2006 10:07am
I am beginning to think version b Hedge has flaws. I am booking a lot of pips, but a lot of it is being eaten up by floats. I didnt see this when I was using the non-hedge versions of the EA. What kind of results have you guys been getting so far this week with the other versions?
  • #500
  • Aug 30, 2006 10:15am Aug 30, 2006 10:15am
Quoting Yardie
I am beginning to think version b Hedge has flaws. I am booking a lot of pips, but a lot of it is being eaten up by floats. I didnt see this when I was using the non-hedge versions of the EA. What kind of results have you guys been getting so far this week with the other versions?

hi Yardie,

i will post my results of the 5 versions a little bit later when the market is silent. up to now my favorit is the 63g-TS becos of the float and the used margin.
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