Firebird EA - fixed version - | Page 32 | 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 -

  • #621
  • Sep 3, 2006 2:46am Sep 3, 2006 2:46am
Quoting 1trader2
Mr. Trader,
Please find below my statement. A couple of qualifiers: From 8/22/06-8/26/06 I was running FB63H02. I began to get alot of "excessive alerts" even though I had commented out the line. When Wakena posted the updated version of 1b2, I switched to this on 8/27/06 and ran it all day Friday, 9/1/06 thru the NFP, until closing.

You will also note that I have highlighted in yellow 5 losses on 8/29/06. This was user error on my part. I had closed out Metatrader on this account and when I re-opened it for some reason it defaulted to the FB63H02 with the default settings of TP 18 PIPS and SL of 42. I had set it prior to going to work and was in a hurry and didn't recheck it! Learned a good lesson there...always double check your settings!

The other highlighted area in blue-green was the the Amazing EA that I used for trading the NFP on 9/1. Here is the statement below. Hope this helps.

P.S.-Wakena, if your reading this, any ideas on why I can't seem to comment out the "excessive loss" line or any other alternatives in FBH02? I have also been getting this on occassion with FB1.b2.
Mono's post http://www.forexfactory.com/forexfor...&postcount=289 shows how. Just remember if full line of code takes up 2 lines in EA, each line needs to be commented out.

Wackena
  • #622
  • Sep 3, 2006 2:51am Sep 3, 2006 2:51am
So many versions around but if you want to reduce the float a bit and not by just taking the loss I think it may be wise to change the trading times to 24hours a day not trading.
That setting only works for completly new trades. So it still averages and manages your open trades in the normal fashion.
If things go right you float will gradually be turned into profits.
Setting TP=0 will speed up that process.

But I can't say for sure because I don't know what exactly changed in the versions floating around.
May the pips be with you.
  • #623
  • Sep 3, 2006 6:27am Sep 3, 2006 6:27am
Quoting wackena
Mono's post http://www.forexfactory.com/forexfor...&postcount=289 shows how. Just remember if full line of code takes up 2 lines in EA, each line needs to be commented out.

Wackena
Thanks Wackena,
I think that is probably what I did...not having commented out both lines. I will try this and see if it takes care of the problem.
  • #624
  • Sep 3, 2006 6:37am Sep 3, 2006 6:37am
Quoting niponzz
Heart Attact


This is my live account result
Niponzz,

In addition to being in agreement with the other replies on your post regarding margin & pairs trading, you could also reduce your losses if you used Mono's setting of 300 for your stop loss. Some of your stop losses are only 42 pips, although I saw one at 200 pips. Taking all the suggestions noted in the posting replies, would help your heartburn. Good luck!
  • #625
  • Sep 3, 2006 8:33am Sep 3, 2006 8:33am
What you're suggesting sounds very similar to the safepipdistance fix that some versions contain.

Quoting Hollis
You just gave me an idea for trying to add a bit of a safety net to firebird. Is there a way to program it so that it can look at daily Open/High/Low/Close and then disallow trading to take place based on a certain percentage of shift in these numbers? Use four days of timeframe and have it measure a cumulative percentage shift either up or down in price each day to see if there is a definite trend taking place to keep firebird out of a suicide play until the percentage of daily shift comes back to a certain level. Questions, comments, complaints?
  • #626
  • Sep 3, 2006 9:25am Sep 3, 2006 9:25am
Quoting mr.trader
Mike,

We should be sure to talk about the same, can you post the version you have testet since march ? I canīt imagine that actual firebird canīt handle a trending market, especially the Hedge Version should protect us from the big loosers... Are you sure you use a version near the actual ones ??

Be honest mike, the old versions can kill you also in short trending markets also, we all know that, therefore you need no long run trend... (i remember testing V055, V065tf and same stuff) my oppinion V63G-TS works realy good also in smal trending markets because this version is opened often postitons in both directions and save profits with trailing stops...

However, we should compare it, than we can say more about it...

So please post the version you used in this time, also a statement if you have. you write it happends to you twice, when was the second time ??

thank you,

mr.trader
I don't know what version did Mike test. I can say, like some people here, that I tested 63G last June, and it wiped out my account (please see statement if it can help). Hopefully, this cannot happen with current versions ?
Attached File(s)
File Type: zip Statement-June06-V63G.zip   16 KB | 526 downloads
  • #627
  • Sep 3, 2006 9:51am Sep 3, 2006 9:51am
Quoting kingforex
I don't know what version did Mike test. I can say, like some people here, that I tested 63G last June, and it wiped out my account (please see statement if it can help). Hopefully, this cannot happen with current versions ?
Kingforex,

In reviewing your statement, your SL=200 pips. Most if not all of your losses were closed out (manually?) prior to hitting the stop loss. It's hard to say how many of these would have gone on to be profitable if they had not been closed prematurely. Mono recommended a SL of 300 pips and this has worked great for me so far. Its also the general consensus from my reading that it is better to leave Firebird do its own thing 24 hrs/day, while of course keeping a close tab on things. This may explain why your account was wiped out.

Anyone else have a thought on this?
  • #628
  • Sep 3, 2006 10:58am Sep 3, 2006 10:58am
We really would need to see with which version Miked traded sine March this year. I really hope that he shows us the EA he used and informs us exactly about the drawdown he had. If i am looking on charts of April it could be that there was a big drawdown. I hope Mike tells us which Version he used and maybe shows us an Statement. We definitevely can need this information in order to understand and analize Firebird better in trendtimes, and use this information to improve firebird than and make it safe for trend times. Firebird worked great the last 3 months but we were in sideway market. Well we see what Mike shows us.
  • #629
  • Sep 3, 2006 11:30am Sep 3, 2006 11:30am
On this trending vs ranging idea, could there be, or is there already, a resouce on the net that might analize for us the current state of a given currency pair? Or could we use such tools as the ADX or similar to give us a heads up as to intervening in the EAs opperation. Maybe something as simple as turning off the EA on a given pair as it trends, then turning it one once again when it gets back to ranging? What if one were to tell MT4, under EA Options settings to only take trades in the direction of the trend on bounces off S/R? Maybe to much human intervention? Just typing and thinking at the same time.

Once this TA is up and running? or the news/analysis is found we can post the data for all users to utilize, maybe on a seperate thread for use as a FB-TA database/realtime TA discussion.

Hollis, i liked your idea. i'm not familiar enough at this point, but am diggin in, to know if the pipstep setting is the answer as was posted above.

Cheers,
Thom
  • #630
  • Sep 3, 2006 11:35am Sep 3, 2006 11:35am
Quoting 1trader2
Kingforex,

In reviewing your statement, your SL=200 pips. Most if not all of your losses were closed out (manually?) prior to hitting the stop loss. It's hard to say how many of these would have gone on to be profitable if they had not been closed prematurely. Mono recommended a SL of 300 pips and this has worked great for me so far. Its also the general consensus from my reading that it is better to leave Firebird do its own thing 24 hrs/day, while of course keeping a close tab on things. This may explain why your account was wiped out.

Anyone else have a thought on this?
Hi 1trader1,
As far as I remember, I didn't close any trade manually.
  • #631
  • Sep 3, 2006 12:05pm Sep 3, 2006 12:05pm
Firebird woks wlee during the news? Can I trade with 0.01 lots?

Thank u
  • #632
  • Sep 3, 2006 12:16pm Sep 3, 2006 12:16pm
yes , I am very lucky anyway I don't use money magnament , it's so danger but before friday coming I colsed all pair for saving , thank any comment , my english so poor sorry all
  • #633
  • Sep 3, 2006 12:19pm Sep 3, 2006 12:19pm
Quoting TraderSeven
A real live account with real cash?
Just checking if it isn't a forward test.
It looks good. But float is a bit high.
Did you stay in the market during news?

Yes my live account
I out of market when big news coming.
  • #634
  • Sep 3, 2006 12:20pm Sep 3, 2006 12:20pm
i gotta tell you guys - the best version ive found so far is the original b version - thats the one that made me 900 pips last week.

not sure why you deleted the original b version - sometimes the best things are found by mistake you know
  • #635
  • Sep 3, 2006 1:22pm Sep 3, 2006 1:22pm
Cabletrader....

Can you simply repost the 1.0b original with a short explanation? Thanks.
Don Life is expensive, but includes a free trip around the sun.
  • #636
  • Sep 3, 2006 1:36pm Sep 3, 2006 1:36pm
LOL I had a good time with the original b as well. Not so impressed with the "fixed b". I am going to try and find the original b again.

Traderone the original b was not opening hedge trades for every position as it should. Wackena fixed it and now its working as it was originally intended in version 1.0b2.

Quoting cabletrader
i gotta tell you guys - the best version ive found so far is the original b version - thats the one that made me 900 pips last week.

not sure why you deleted the original b version - sometimes the best things are found by mistake you know
  • #637
  • Sep 3, 2006 1:43pm Sep 3, 2006 1:43pm
Yes, I have been demoing b2 but it has not made nearly the PIPS that the other versions have. Maybe it is safer though?

I'm afraid that I feel the big September trends coming on. Haven't had one during the summer testing of FB. Should coincide nicely with starting my live Firebird account and completely wipe me out

All of you trading Firebird live now should probably shut down because I am starting on Tuesday. I'd hate to take all of you down with me....
Don Life is expensive, but includes a free trip around the sun.
  • #638
  • Sep 3, 2006 1:47pm Sep 3, 2006 1:47pm
here it is
Attached File(s)
File Type: mq4 Firebird_v1.0b1.mq4   26 KB | 797 downloads
TRADE FOR SWAP
  • #639
  • Sep 3, 2006 1:48pm Sep 3, 2006 1:48pm
Which version are you planning to use traderone?
  • #640
  • Sep 3, 2006 1:53pm Sep 3, 2006 1:53pm
Going on two pair only (EURUSD and USDCHF) on a $4000 account and .1 lots each.

Settings will be 25 TP, 15 pipstep, 250 SL for both pair.

FB 63G on M1 charts.

Actually I was considering running H02 with the same settings and a safe area of 40, but I have decided to go Original 63G.
Don Life is expensive, but includes a free trip around the sun.
0 traders viewing now