Firebird EA - fixed version -

Quoting humax

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ok, guys. I have to say this.
Many will disagree, many will declare me mad and some will even want to kill me...

How about if we don't use SL for Firebird!?

I think using 60min timeframe on a 5min chart with 0.15 percent will filter out most noise to avoide being on the wrong side of the market.
No losing trades starting 2004 July with these settings.
I know backtest don't say anything, but it gives us a clue.

...and soo we continue to dream...

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Quoting traderone

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I won;t call you mad!

My Firebird 30-300-30 on M5 charts, .1 percent on EURUSD, USDCHF, USDCAD for the past 5 weeks has not lost a trade and shows only 3 neg floating positions right now.

You must have a decent size account to start with and then just leave it alone . Interesting thoughts HUMAX.

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Quoting cgldsmth

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I cannot compile the reverse63G FB, getting "parameter ',' expected".

anyone know how to get this working?

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Quoting traderone

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Well I have to disagree. I am currently profitable on FB from last week I think by using conservative settings and an account which provided adequate "cushion" aganinst marging calls!

EAs don't work when overleveraged, which I suppose is what many people do.
They are several that can work however with conservative settings.

For instance, I recently posted of my experiences with Firebird on M5 charts with the more conservative settings. It ran thru the big "bad" time last week and is still very profitable.

I think that EAs probably don't work if you try to get rich in a month. If you set conservative goals of say 10 to 20% per month, I think they very well can work.

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Quoting nvwine

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It compiles OK for me. I get 5 warnings no errors. I have it running on one chart since last night but no trades yet. I am using the version you posted a few posts back.

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Quoting cgldsmth

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well mine won 't compile. Tried updating to build 196 MT4, no luck.

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Quoting cgldsmth

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well mine won 't compile. Tried updating to build 196 MT4, no luck.

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Quoting accrete

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Hi there, yes the bug on the "Reverse" FB is there, it happens to be a simple duplicate comma , ....that's it. So you can double click on the error line when you try to compile it and you will see the obvious error.

Now, what you can do also is take your favorite version and just reverse it yourself. Very easy to do. Here is a paste of a post i made over at tsd this morning:

After fixing the small extra comma error in the above posted reverse FB i went ahead and tested it in demo today on another version of FB head to head with a normal. They both tripped trades in opposite directions on the EUR in the normal, and CAD on the reverse in harmony on seperate MT4 accounts. Interesting to watch. The FBrev closed out 3 trades at 18pips with +1 float as i post, and the normal closed 29+ with -45 pips...funny stuff this FireBird. But at least we know a simple code switcherooo does what we told it to.


snip of code change, just copy paste the lines from the "BUY" and put them in place of the "SELL" code. I just commented out the original lines " // " so the original was still there for future referrence. Remember you will do this switch on each area your version takes a trade. Some will have several, so look for them all. Here is an example paste from one of these areas inside the FB version i used for my test this morning:


if((myMA*(1+Percent/100))<bid (bid="" &&amp="" direction="22">=(LastPrice+(CurrentPipStep*Point)) || myTotal==0) ) // Go SHORT -> Only sell if >= 30 pips above previous position entry
{
OrderSend(Symbol(),OP_BUY,Lots,Ask,slip,Ask-(Stoploss*Point),Ask+(TakeProfit*Point),"",MagicNumber,0,Blue);
// OrderSend(Symbol(),OP_SELL,Lots,Bid,slip,Bid+(Stoploss*Point),Bid-(TakeProfit*Point),"",MagicNumber,0,Red); OrderWatcher=1;
Direction=2;
}
if((myMA*(1-Percent/100))>Ask && Direction!=11 && (Ask<=(LastPrice-(CurrentPipStep*Point))|| myTotal==0)) // Go LONG -> Only buy if >= 30 pips below previous position entry
{
OrderSend(Symbol(),OP_SELL,Lots,Bid,slip,Bid+(Stoploss*Point),Bid-(TakeProfit*Point),"",MagicNumber,0,Red);
// OrderSend(Symbol(),OP_BUY,Lots,Ask,slip,Ask-(Stoploss*Point),Ask+(TakeProfit*Point),"",MagicNumber,0,Blue); OrderWatcher=1;
Direction=1;
}
}

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Quoting traderone

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OK guys.

The point I was trying to make was that I am running the EA on M5 charts with the old 30-300-30 settings.

You can run the EA on the very first message in this thread. Firebird v1.0a

Run it just like it is and run it on the 5 minute charts.

I am running it on USDCHF, EURUSD, USDCAD.

My point was that it ran thru last week's disaster and actually made some gains. I attribute that to the more conservative settings and the M5 charts.

I'm thinking about adjusting my live account to the M5 charts.

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Quoting bagovino

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EA's simply do not work! They all seem to kick ass until one gloomy day and.... BAM!!!!! MARGIN CALL!!!!

I've been there, done that... Dont take offense, just trying to help. EA's are the lazy mans hope for fortune... You know what they say about a fool and his money right? So dont be fooled into thinking an EA will work. I know by our nature that we really hope one day we will formulate the winning EA and our hearts, hopes and dreams trick us into believing we will... WELL WE HAVEN'T!!!! There are tons of them out there and they all suck!

Please dont take this post wrong. I'm trying to help. Dont trust a computer with your money. It has no discretion!

Here's an analogy... Ever meet someone who was nice as pie? Said and did all the right things? All the while something inside you made you dislike this person and you didn't know why??? All your friends and family said you were wrong about this person... Until one Gloomy day..... BAM!!!! His true colors showed! Same as trading with an EA! BAM!!! MARGIN CALL!!!

I hope this helps some who still have hope!

Thanks,

Bags

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Quoting Thebigmo

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Ok this is going to sound redundant, so forgive me, but i want to try it on my FXCM demo.

That FB thing on the 5 min chart with a conservative setting.

How do i program my demo FXCM account to follow the instructions.

Anotherwords how do i connect the metra chart with the fxcm demo account so as to trade automatically?

An earlier post showed the steps but used search program files, then your broker MT4. What is that.

My fxcm file in program files has no expert file.


Its in my Metatrader file near indicator and i have downloaded some pivot files to the indicator list before. But can i download the fire bird to my FXCM demo?

Plus what do you mean decent size. Say i want to start with 5000 on a mini account trading say 3 or 4 pairs.

What do you mean .1 minilot.

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Quoting Thebigmo

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Anyone?

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