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

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Firebird EA - fixed version -

  • #821
  • Sep 8, 2006 1:01pm Sep 8, 2006 1:01pm
Hi!
I start to use 1.0a with mono settings 22 august on real. All was well, i was so happy. I strart with 3000 and this monday a had 7800. But. Last two days killed all my money andf happiness. Look at my statement. I crashed.
Attached File(s)
File Type: zip statement.zip   25 KB | 647 downloads
  • #822
  • Edited 11:34pm Sep 8, 2006 1:41pm | Edited 11:34pm
Quoting Panjan
...Accrete,
It seems a very nice result you got there. Is it from firebird or some other system. Do you mind to share with us, Tq.
Hi all, i guess i might have opened a can of worms w/that prior post and i apologize. I am asking the EA creator if i can share it over here at the factory as it is at another forum. I'll update you all if he says i can share it here.

Have a great weekend.
: ) Thom

Here is the update that i got from the author of the EA that i've had good success with, the quote can be found here for more info: "Yes, this EA is still for Elite members only". So there you have it. If you are interested check it out, but i will not mention it again here as to keep the integrity of this thread. Please don't PM me on this, you'll have to check it out for yourself if interested as it is in a pay-per-month area of the website. I think i paid $12 a month? Anyway the private area has forward demo results dating back to February 2006 on may EAs for MT4. Well worth the small fee IMO.
  • #823
  • Sep 8, 2006 5:15pm Sep 8, 2006 5:15pm
Hello,
Below is my 2 week Firebird test.
Period: 08/25/06-09/08/06
Pairs: EURUSD, GBPUSD, USDCHF, EURJPY, USDJPY, USDCAD, AUDUSD, EURCHF, EURGBP, AUDJPY
Starting ballance: $10 000
Timeframe: M1
Versions-Settings-Equity:
63G-TS-DEFAULT- 9818
63GIND- Mono - 6574
63G - DEFAULT-10636
1.0c1 - DEFAULT- 8592
1.0b2 - DEFAULT -11298
1.0a1 - DEFAULT -11017

Version 63G-TS has default MA_timeframe=15, others 30.
Appreciate your thoughts and comments.
Thanks
Attached File(s)
File Type: zip Firebird2week.zip   64 KB | 785 downloads
  • #824
  • Sep 8, 2006 6:32pm Sep 8, 2006 6:32pm
Here are my results from 8/13 - 09/08. This week my equity fell $450.00 but over all the results are still good. This test includes all GBP and JPY pairs. From the start of the test Firebird v1.0a has increased equity $1,800.00 trading 1 10K mini lot at a time.

My other tests with other versions are not doing as well.
Attached File(s)
File Type: zip Firebird v1.0a - Sep 08.zip   15 KB | 605 downloads
  • #825
  • Sep 8, 2006 7:17pm Sep 8, 2006 7:17pm
That's a huge number of open trades on your v63gmono

Quoting tomstaufer
Hello,

Below is my 2 week Firebird test.
Period: 08/25/06-09/08/06
Pairs: EURUSD, GBPUSD, USDCHF, EURJPY, USDJPY, USDCAD, AUDUSD, EURCHF, EURGBP, AUDJPY
Starting ballance: $10 000
Timeframe: M1
Versions-Settings-Equity:
63G-TS-DEFAULT- 9818
63GIND- Mono - 6574
63G - DEFAULT-10636
1.0c1 - DEFAULT- 8592
1.0b2 - DEFAULT -11298
1.0a1 - DEFAULT -11017

Version 63G-TS has default MA_timeframe=15, others 30.
Appreciate your thoughts and comments.
Thanks
  • #826
  • Sep 8, 2006 10:05pm Sep 8, 2006 10:05pm
Has anyone come up with what they determine are the ideal pairs for firebird? I see a lot of posts where people are trading just one or two pair. What are your opinons on the ideal 4-5 noncorrelated pair?
  • #827
  • Sep 9, 2006 1:47am Sep 9, 2006 1:47am
I have picked up 88 wins and no losses [touch wood!] in the past 4 weeks with 63G TS with one of my Real Accounts with Interbank. The Open Trades are approx. $600 at present on a Mini account that has been using between 0.4 to 1.0 contract.

The profit is down to under the 30pips [like 15] on average because I have set the trailing stop to 14, but it was with Mono's setting apart from that. 6 pairs are traded, Eur/$, OZ/$, Can/$, Eur/CHF, Eur/Yen, $/CHF [NO CABLE].
  • #828
  • Sep 9, 2006 7:38am Sep 9, 2006 7:38am
Can you post the results? THx

Quoting blewmoon
I have picked up 88 wins and no losses [touch wood!] in the past 4 weeks with 63G TS with one of my Real Accounts with Interbank. The Open Trades are approx. $600 at present on a Mini account that has been using between 0.4 to 1.0 contract.


The profit is down to under the 30pips [like 15] on average because I have set the trailing stop to 14, but it was with Mono's setting apart from that. 6 pairs are traded, Eur/$, OZ/$, Can/$, Eur/CHF, Eur/Yen, $/CHF [NO CABLE].
  • #829
  • Sep 9, 2006 8:56am Sep 9, 2006 8:56am
I am testing 1.0b3 at the moment. Not sure I understand your other question.



Quoting giapel
do you use fb 1.0b with safe zone, how do you manage hedge-positions ?

i agree with you about large loss and float, i think that to introduce hedge strategies is reasonable to stable EA.

what do you think about this and my previous post

reagards

giapel
  • #830
  • Sep 9, 2006 8:59am Sep 9, 2006 8:59am
You should have given the hedge version a chance to correct itself... technically speaking it shouldnt hit the 50% mark like the 63G because its opening positions in both directions.



Quoting Benna
I had 2 live account running - FB 63G fixed on 1 minute and v1.0b3.

Today (Friday) at 9am EST I had to pull the plug on both. 63G fixed lost more than 50% of value and 0b3 about 25%. I could not stomack the losses any further. I am licking wounds now and will see what I will do next.

The day that we all feared arrived sooner than I thought. I only started to go live on Monday...
  • #831
  • Sep 9, 2006 12:14pm Sep 9, 2006 12:14pm
Hello Birders,

This week firebird show us his teeths....

I run firebird to on two live acounts (63G), one without GBP, means without a drawdown, the outher with GBP, so i had a sl. Two long positions are still open and near the SL... But my problem is not realy a big one, i hedged the GBP at 1.8780 with double lotsize from the 3 open buy positions... so iīm still in profit with the GBP...

But we should fix the "trendproblem" from firebird if he should perform well on the long run... With the actual versions (maybe not "b" versions, but i also donīt trust them) this bird garanteed wiped out our accounts if a strong major trend starts !

So this is my idea...

Firebird is a counter trend EA, this means he opens positions when a long/short run is over in the outher direction... ok, that we know...

B U T (!!!)

we also know from all our Demo and Live testing that near 95% of all postions get a 2nd, 3rd or more pipstep order... ok, that also means when we change the entry direction we alsways (remember near 95% ) get minimum one winning trade in trend direction...

I know, some of you think iīm a litle stupid, there are "b" versions what make exactly what i write, and i say they are flase...

W H Y (???)

Donīt forget, the main calculation for the entrys is still counter trend, so itīs not the same at all !!

We should anyway test it. Just change the entry side, when Firebird goes long, the "Trendbird" should go short and vince versa. If we have an complete EA witch works that way we can test it and use different settings for entry in trend direction, so we can change MA-length, MA-type, Percentage, Trailning Stop... and so on, only for this EA who opens in trend direction....

Think about it, if you let both EAīs run on the same account and the same pairs you will gain double in sideway markets and be hedged from the beginning when major trends starting....

I hope somebody have enough coding experience to code this so we can test next week !

Thanks for your help,

mr.trader
  • #832
  • Sep 9, 2006 9:35pm Sep 9, 2006 9:35pm
Quoting mr.trader
Hello Birders,

This week firebird show us his teeths....

I run firebird to on two live acounts (63G), one without GBP, means without a drawdown, the outher with GBP, so i had a sl. Two long positions are still open and near the SL... But my problem is not realy a big one, i hedged the GBP at 1.8780 with double lotsize from the 3 open buy positions... so iīm still in profit with the GBP...

But we should fix the "trendproblem" from firebird if he should perform well on the long run... With the actual versions (maybe not "b" versions, but i also donīt trust them) this bird garanteed wiped out our accounts if a strong major trend starts !

So this is my idea...

Firebird is a counter trend EA, this means he opens positions when a long/short run is over in the outher direction... ok, that we know...

B U T (!!!)

we also know from all our Demo and Live testing that near 95% of all postions get a 2nd, 3rd or more pipstep order... ok, that also means when we change the entry direction we alsways (remember near 95% ) get minimum one winning trade in trend direction...

I know, some of you think iīm a litle stupid, there are "b" versions what make exactly what i write, and i say they are flase...

W H Y (???)

Donīt forget, the main calculation for the entrys is still counter trend, so itīs not the same at all !!

We should anyway test it. Just change the entry side, when Firebird goes long, the "Trendbird" should go short and vince versa. If we have an complete EA witch works that way we can test it and use different settings for entry in trend direction, so we can change MA-length, MA-type, Percentage, Trailning Stop... and so on, only for this EA who opens in trend direction....

Think about it, if you let both EAīs run on the same account and the same pairs you will gain double in sideway markets and be hedged from the beginning when major trends starting....

I hope somebody have enough coding experience to code this so we can test next week !

Thanks for your help,

mr.trader
That's an interesting concept Mr. Trader. Any other thoughts out there?

1Trader2
  • #833
  • Edited Sep 10, 2006 12:21am Sep 9, 2006 10:54pm | Edited Sep 10, 2006 12:21am
I wish i knew how to code! Since this is relevant to the above question, i'm reposting a snip from something i posted on another thread:
Quote
Somehow, there needs to be an EA-Manager created. The purpose of this particular EA will be nothing more than determining the current market condition; Up, Down, or Sideways. THEN the EAM would turn on the respective EA for that type of market. The user could designate which EA s/he felt was appropriate for the type U/D/orS, after all there will always be arguments as to which is the best in any given market, so we would not have to force say a FireBird on someone for a ranging market, and your favorite EA for trending markets. . . I know this is e<DO do conditions.< market current the for tool proper off on turn to work its EAM let then and choose let?em Just market. trending a in similar or interested] if links follow google p>asier said than done. But in the end i believe an EA Portfolio of sorts will eventualy win the day. That is the direction i am heading and researching.
...and that's my 2 pips worth.
: ) Thom
  • #834
  • Edited Sep 10, 2006 12:45am Sep 9, 2006 11:57pm | Edited Sep 10, 2006 12:45am
additional thought on FB testing. So what is the most popular flavor of the week beginning this comming market open Sunday the 10th? I've done so many tests (i should have listened to Mono's advice to simply "pick one"! LOL)... well with that in mind i'm trying to do just that. But with such serious losses last week, and that included the default "c" version, that pulled in a sweat 1275 net pips the prior week, i'm lost. I have read every post in this thread, and there are pros and cons on using each version.

What will you start market open with and why?

Cheers,
Thom

This is will most likely be quite a large PostScript thought but i didn't want to create another new post. I've been reading and testing a particular trend following EA that i found at another forum. There was a short discussion on how it might be safer when auto trading to have the TP and SL info hidden from the broker. Well i had not thought of this, and when i first ran this EA last week (in which it grabbed +1300 pips) i saw there was no data in the TP and SL columns. When i asked over at the forum i found that they were created dynamicaly according to the rules of the EA. I'm wondering if something like this could be written/utilized in FB to make it more invisible to the broker's prying eyes? If that would help in the long run for profits for us??
  • #835
  • Sep 10, 2006 12:21am Sep 10, 2006 12:21am
Hi all!

last week was a really bad week for most of us...especially for the ones who put his or her hard-earned dinero to trade firebird.

I know most of us prefer a fully automated trading, I do too!, and we should keep exploring for better solutions...but for the meantime I think we can make a good use of more manual means of protecting your account if it really works.

For most with a lot of floating loss right now, open long GBP/USD positions are what is bringing the float up and also that is what is potentially really hazardous to your account. A coming move down South 100 pips should get you at least 500 to 1000 pips of loss, shouldn't it?

Here comes the interesting part, what if you could tell a couple of days ago there was a probable 280 pips move South coming after moving 130 or so pips move in the same direction? Off course, you could bail out with a lot less loss at that point, could'nt you?

In fact, we could predict the move and prevent the major loss that happened this week if we knew what Moutekitrader (one of our fellow menbers at FF) is generously sharing in his thread "Mouteki Trading".
http://www.forexfactory.com/forexfor...ead.php?t=7883

I would recommend you to read his document thoroughly (this is very important!) and start applying it from the coming week.
We already know how powerful firebird is and we only needed a means to predict a strong trending market, didn't we? I haven't traded yet using the method but it certainly looks promising and powerful!

Please make sure to take your time and read the document thoroughly...I'd hate to see many people from this thread go there and start asking rather basic or stupid questions that can be answered by reading the document and the thread...hmmm please read the document and the thread twice to make sure that won't happen. Well, you get the idea!

Cheers.
  • #836
  • Edited 11:15am Sep 10, 2006 1:03am | Edited 11:15am
Quoting accrete
I heard that some of the safer ways to auto trade might be to have the TP and SL info hidden from the broker.
To our surprise, it might increase our profit by 100%!
I was thinking about the same thing when one of my open position was floating around 5 to 10 pips below the TP.

Different broker uses different server time hence different chart data but I feel some people get totally different result from using exact same setting on the firebird. I would not be surprised if that is due to the degree of manipulation on the brokers' parts...I didn't type it but my fingers did!

But seriously, that can add more profitability to firebird but there's one problem with not setting TP and SL at the server. When, for some reason, we can't connect to the server...lost internet connection, virus attack, broker's server disrupted, for example...our accounts would be very vulnerable to sudden market moves. We cannot say with certainty the market cannot move 1,000 pips in one day in any situation...even with reasonable S/L that would be a margin call time anyway though .



Unless brokers are manupulating manually, what can work would be something like this:

Firebird initially sets T/P at 100 pips but when the price reaches at 30 pips in the money, it closes the position immediately.


Firebird initially sets S/L at 350 pips but when the price reaches 300 pips againt the position, it closes the position immediately.


It all depends on how brokers, potentially, manipulate the price but what do you guys think?

Closing positions randomly depending on the momentum of the move may be more sophisticated solution if brokers can outsmart us using the above tricks.

Cheers.
  • #837
  • Sep 10, 2006 11:13am Sep 10, 2006 11:13am
Here's the result of my demo after 4 and a half days:

v1.0c1c 38-9 -1329 pips with $1,050 floating loss(0.1 lots)
v63-TS 18-2 -60 pips with $2,500 floating loss(0.1 lots)

Enough said.
  • #838
  • Sep 10, 2006 9:36pm Sep 10, 2006 9:36pm
Now i'm really confused. LOL. I know of a trader that was using FB65 with a timefilter set from 7am GMT to 6pm GMT, basicaly this covers the entire Europe session and the first hour of the morning NY session. With the default settings he grabbed 900pips. So what are we missing? Does the filtering of time really help that much? Anyway, i'm going to give it a go with this version of FireBird and see how things go this week on 1m charts for EURUSD/GBPUSD/USDCHF (I know Mono is shaking is head right about now. grin). There was only one change i made to the default settings. For some reason the MA_timeframe was set to 0 (zero), i changed it to 15. Would this original setting have some factoring in things? Or maybe it is left at zero and the user then sets the time frame they are placing the EA on? No further details were given.

: ) Thom
  • #839
  • Sep 10, 2006 10:13pm Sep 10, 2006 10:13pm
Basically ACCRETE took his 900 PIP info from another Forum (Elite group) which if you use paypal you can get free for 12 day's or $12/month, statements of these results are available but I am not going to post them, however I do not know what copy of 0.65 this is, but the results are amazing using this EA, I would assume it's the same EA posted above.
I don't believe this EA is posted here at this forum. other results for other EA's are omitted


03rd - 10th of September winners


<HR style="COLOR: #d1d1e1" SIZE=1><!-- / icon and title --><!-- message -->Winners for the above mentioned week are the following EAs:



GBPUSD:
1. Firebird v0.65 with 919 pips.
2. Firebird v0.65, timefilter with 885 pips.

USDJPY:
1. Firebird v0.65 with 772 pips.
2. Firebird v0.65, timefilter with 763 pips.
  • #840
  • Sep 11, 2006 12:30am Sep 11, 2006 12:30am
isn't that the "crazy" version of FB (v65tf) that made huge profits then blew up just as fast?
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