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I have backtested running this EA with TF=15 and running M1 and then M15 chart setting. It definitely seems to make a difference which chart setting you use. M1 performs much better than M15. Even though TF=15 is in the programme, at least in backtesting, M? selection makes a difference. I will be forward testing this also, just to determine if this is only a backtesting phenomenon.
Wackena
Are you running this EA 24 hours or on speciall Hours ?????
Are you running this EA 24 hours or on speciall Hours ?????
Thanks
Babar
Babar,
Right now it is 24 hours. The "OpeningHour" and "ClosingHour" inputs only control the "bad hours" comment, not trading time. And this is only so, if you have commented out the "SetupGlobalVariables();" line. If not, there are hour sets for other pairs in the programmme.
Right now it is 24 hours. The "OpeningHour" and "ClosingHour" inputs only control the "bad hours" comment, not trading time. And this is only so, if you have commented out the "SetupGlobalVariables();" line. If not, there are hour sets for other pairs in the programmme.
Wackena
so you're saying there is a way to get rid of the "bad hours"? because i had it running fine and now I keep getting this error.
How are your M1 settings handling the market conditions ?
I got stopped out on a 2 USD/CAD trades initiated in the morning 03:30 & 08:00 and a USD/JPY initiated at 21:10....
Severe trending can make good profits, but can also lose several trades in a row. 1230 GMT (0830 EST in US) is a time to watch,
My tp=20 and sl=120, so the EA needs to have 6 winners to 1 loser just to break even. Since running these settings, in Demo forward testing and Live account, the average has been rangiing from 24 to 55 winners to each loss. One winning streak was 74 in a row. From June 11 to present time on Live account, 32 winners - 1 loser and last 25 closed trades are winners
As we know, no EA has a no lose guarantee. My live account is a Mini-account with lots=0.01. So even if the EA bombs out over time, I will not have a big "OUCH". If it performs well over the next several months, I will increase lot size accordingly.
I have Firebird v63g with tf=15. When backtested on M1 period, I get very good results. When backtested at period M15, I get very poor results. Is there something in the strategy tester that allows period selection to override or at least effect test results. If this is is happening in strategy tester, does it also happen in forward testing or Live.
Or, could it be that TF=15 is specified within the programme, but not correctly implemented as the programme runs.
I have Firebird v63g with tf=15. When backtested on M1 period, I get very good results. When backtested at period M15, I get very poor results. Is there something in the strategy tester that allows period selection to override or at least effect test results. If this is is happening in strategy tester, does it also happen in forward testing or Live.
Or, could it be that TF=15 is specified within the programme, but not correctly implemented as the programme runs.
Wackena
Hi Wackena!,
Nice to see that you are still testing Firebird. Very weird this difference in back testing because I was told that this EA was hard coded for TF=30! I think we need a programmer who wants to rebuild this version of Firebird and give some explanation about some settings. I'm still trying to find the most profitable settings. I like your settings. Will post my results soon.
Nice to see that you are still testing Firebird. Very weird this difference in back testing because I was told that this EA was hard coded for TF=30! I think we need a programmer who wants to rebuild this version of Firebird and give some explanation about some settings. I'm still trying to find the most profitable settings. I like your settings. Will post my results soon.
Hello Hendrick,
I started a Demo forward testing on a M15 Chart to compare with my Live acct where I have it on M1. Will advise results. I look forward to seeing your results.
This EA may prove in the future to be dangerous , but lately it is really working well. Since last loser, I now have 34 straight winners on Live acct. And since Sunday June 11 on Live acct, 54 closed trades-52 winners.
Linear Mode
