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I started here a new fresh thread about further improvement based on Firebird EA v0.63G engine that seems actually the best version ever made with incredible performance tested by a lot of users in old post.
How it works Firebird ?
Firebird calculates a 10 day SMA and then shifts it up and down based on a percentage to form a channel. For the calculation of this SMA either close (more trades) or H+L (safer trades) is used. When the price breaks a band a postion in the opposite of the current trend is taken. If the position goes against us we simply open an extra position to average (pipstep function).
To avoid enter a trade while a strong trend is in place a divergence function is used that is calculated as difference between a Faster SMA (by default set to 23) and a Slower SMA (by default set to 84).
Mono's Firebird Settings
Contains two versions of preset files that seems to works better. All on M1 timeframe:
1) Fixed setting: Fixed tp=30, sl=300, pipstep=30 for all pairs.
2) Variable setting: Different setting for each pair based on average daily range (in pips). Take profit (TP), Stop loss (LS) and PipStep are calculated with these formulas:
TP = Daily Avg Range times 2 divided by 10 , SL = Daily Avg Range times 2, PipStep = Daily Avg Range divided by 10
EUR/USD TP=22 SL=220 PIPSTEP=11 (Daily Avg Range = 110)
GBP/USD TP=30 SL=300 PIPSTEP=15 (Daily Avg Range = 150)
USD/CHF TP=25 SL=250 PIPSTEP=12 (Daily Avg Range = 125)
EUR/JPY TP=21 SL=210 PIPSTEP=10 (Daily Avg Range = 105)
USD/JPY TP=20 SL=200 PIPSTEP=10 (Daily Avg Range = 100)
USD/CAD TP=21 SL=210 PIPSTEP=10 (Daily Avg Range = 105)
AUD/USD TP=16 SL=160 PIPSTEP=8 (Daily Avg Range = 80)
EUR/CHF TP=10 SL=100 PIPSTEP=5 (Daily Avg Range = 50)
EUR/GBP TP=9 SL=90 PIPSTEP=5 (Daily Avg Range = 45)
AUD/JPY TP=15 SL=150 PIPSTEP=7 (Daily Avg Range = 75)
hi holyguy
u r new version of the EA looks interesting to me as i'm ussing the FB EA on my real account*v65 wih tf)so i did analisis on u r statemnent for each pair and here is the result.i hope these help to improve the EA.
USDCHF
__________________ We often borrow from our tommorrows to pay our debts to our yesterdays.
As always, who knows!?!.Let see what will happen....
-------------------------------------------------
__________________ We often borrow from our tommorrows to pay our debts to our yesterdays.
As always, who knows!?!.Let see what will happen....
-------------------------------------------------
__________________ We often borrow from our tommorrows to pay our debts to our yesterdays.
As always, who knows!?!.Let see what will happen....
-------------------------------------------------
__________________ We often borrow from our tommorrows to pay our debts to our yesterdays.
As always, who knows!?!.Let see what will happen....
-------------------------------------------------
Firebird EA - fixed version -
Hi Firebirders !
I started here a new fresh thread about further improvement based on Firebird EA v0.63G engine that seems actually the best version ever made with incredible performance tested by a lot of users in old post.
I will try, as much as i can, to update regularly this first post so every news,settings,fix will be written here.
I wish to thanks to all users that in old thread help to improve Firebird in particular Mono for testing and sharing his result and setting to FF users.
[How it works Firebird ?]
(taken from EA code)
Firebird calculates a 10 day SMA and then shifts it up and down based on a percentage to form a channel.
For the calculation of this SMA either close (more trades) or H+L (safer trades) is used.
When the price breaks a band a postion in the opposite of the current trend is taken. If the position goes against us we simply open an extra position to average (pipstep function).
To avoid enter a trade while a strong trend is in place a divergence function is used that is calculated as difference between a Faster SMA (by default set to 23) and a Slower SMA (by default set to 84).
* Firebird v0.63g :
- Our loved EA This version it seems to be a pips machine , implement pipstep to average position and divergence to avoid strong trend.
* Firebird v1.0a :
- Based on Firebird v0.63g engine.
- Fixed bug that prevent to all JPY pairs to enter often a trade due to a calculation error on divergence function.
- Removed looping print about Account Equity on Expert tab.
- Deleted override settings if you use TF30 timeframe chart.
*Firebird v1.0c (modified by Wackena)
- Average daily range calculated automatically using ATR on past 21 days, there is no more need to setup manually StopLoss,TakeProfit and Pipstep, they are all calculated automatically.
- Added Money Management routine. If you want to manually set lot size, set UseMM=0(false)
- Added MaxOpenOrders routine to add control as to max number of open orders at one time per pair. If not wanted, set MaxOpenOrders=10.
- Added Trailing stop function
[Firebird Settings (based on Mono's settings)]
- Firebird_settings_v1.0.zip : Contains two versions of preset files that seems to works better :
1) Mono's fixed setting (Mono_settings_fixed_v1.0.zip): Fixed tp=30, sl=300, pipstep=30 for all pairs
2) Mono's variable setting (Mono_settings_variable_v1.0.zip) : different setting for each pair based on average daily range (in pips). Take profit (TP), Stop loss (LS) and PipStep are calculated with these formulas :
TP = Daily Avg Range*2/10 , SL = Daily Avg Range*2 , PipStep = Daily Avg Range/10
EUR/USD TP=22 SL=220 PIPSTEP=11 (Daily Avg Range = 110)
GBP/USD TP=30 SL=300 PIPSTEP=15 (Daily Avg Range = 150)
USD/CHF TP=25 SL=250 PIPSTEP=12 (Daily Avg Range = 125)
EUR/JPY TP=21 SL=210 PIPSTEP=10 (Daily Avg Range = 105)
USD/JPY TP=20 SL=200 PIPSTEP=10 (Daily Avg Range = 100)
USD/CAD TP=21 SL=210 PIPSTEP=10 (Daily Avg Range = 105)
AUD/USD TP=16 SL=160 PIPSTEP=8 (Daily Avg Range = 80)
EUR/CHF TP=10 SL=100 PIPSTEP=5 (Daily Avg Range = 50)
EUR/GBP TP=9 SL=90 PIPSTEP=5 (Daily Avg Range = 45)
AUD/JPY TP=15 SL=150 PIPSTEP=7 (Daily Avg Range = 75)
* Mono's chart time frame : M1 (1 minute chart)
Attached Files
File Type: zip Firebird_v1.0a.zip (22.6 KB, 178 views)
File Type: zip Firebird_settings_v1.0.zip (1.6 KB, 150 views)
File Type: zip Firebird_indicator.zip (3.2 KB, 55 views)
__________________
May the PIPS be with you...
Last edited by skyline : Yesterday at 02:38 PM.
Copied---------
There are now three solid versions of firebird in the thread on Forex Factory now.
a----what you see is what you get as far as all the settings
b----is supposed to have a hedging function to control high float
c----is supposed to automatically calculate tp,sl,pipstep,trailing stop values
I haven't tested any of these versions yet, I'm just posting all the versions so people know the different features on them as they may produce drastically different results.
Firebird EA - fixed version -
Hi Firebirders !
I started here a new fresh thread about further improvement based on Firebird EA v0.63G engine that seems actually the best version ever made with incredible performance tested by a lot of users in old post.
I will try, as much as i can, to update regularly this first post so every news,settings,fix will be written here.
I wish to thanks to all users that in old thread help to improve Firebird in particular Mono for testing and sharing his result and setting to FF users.
[How it works Firebird ?]
(taken from EA code)
Firebird calculates a 10 day SMA and then shifts it up and down based on a percentage to form a channel.
For the calculation of this SMA either close (more trades) or H+L (safer trades) is used.
When the price breaks a band a postion in the opposite of the current trend is taken. If the position goes against us we simply open an extra position to average (pipstep function).
To avoid enter a trade while a strong trend is in place a divergence function is used that is calculated as difference between a Faster SMA (by default set to 23) and a Slower SMA (by default set to 84).
* Firebird v0.63g :
- Our loved EA This version it seems to be a pips machine , implement pipstep to average position and divergence to avoid strong trend.
* Firebird v1.0a :
- Based on Firebird v0.63g engine.
- Fixed bug that prevent to all JPY pairs to enter often a trade due to a calculation error on divergence function.
- Removed looping print about Account Equity on Expert tab.
- Deleted override settings if you use TF30 timeframe chart.
*Firebird v1.0c (modified by Wackena)
- Average daily range calculated automatically using ATR on past 21 days, there is no more need to setup manually StopLoss,TakeProfit and Pipstep, they are all calculated automatically.
- Added Money Management routine. If you want to manually set lot size, set UseMM=0(false)
- Added MaxOpenOrders routine to add control as to max number of open orders at one time per pair. If not wanted, set MaxOpenOrders=10.
- Added Trailing stop function
[Firebird Settings (based on Mono's settings)]
- Firebird_settings_v1.0.zip : Contains two versions of preset files that seems to works better :
1) Mono's fixed setting (Mono_settings_fixed_v1.0.zip): Fixed tp=30, sl=300, pipstep=30 for all pairs
2) Mono's variable setting (Mono_settings_variable_v1.0.zip) : different setting for each pair based on average daily range (in pips). Take profit (TP), Stop loss (LS) and PipStep are calculated with these formulas :
TP = Daily Avg Range*2/10 , SL = Daily Avg Range*2 , PipStep = Daily Avg Range/10
EUR/USD TP=22 SL=220 PIPSTEP=11 (Daily Avg Range = 110)
GBP/USD TP=30 SL=300 PIPSTEP=15 (Daily Avg Range = 150)
USD/CHF TP=25 SL=250 PIPSTEP=12 (Daily Avg Range = 125)
EUR/JPY TP=21 SL=210 PIPSTEP=10 (Daily Avg Range = 105)
USD/JPY TP=20 SL=200 PIPSTEP=10 (Daily Avg Range = 100)
USD/CAD TP=21 SL=210 PIPSTEP=10 (Daily Avg Range = 105)
AUD/USD TP=16 SL=160 PIPSTEP=8 (Daily Avg Range = 80)
EUR/CHF TP=10 SL=100 PIPSTEP=5 (Daily Avg Range = 50)
EUR/GBP TP=9 SL=90 PIPSTEP=5 (Daily Avg Range = 45)
AUD/JPY TP=15 SL=150 PIPSTEP=7 (Daily Avg Range = 75)
* Mono's chart time frame : M1 (1 minute chart)
Attached Files
File Type: zip Firebird_v1.0a.zip (22.6 KB, 178 views)
File Type: zip Firebird_settings_v1.0.zip (1.6 KB, 150 views)
File Type: zip Firebird_indicator.zip (3.2 KB, 55 views)
__________________
May the PIPS be with you...
Last edited by skyline : Yesterday at 02:38 PM.
Copied---------
There are now three solid versions of firebird in the thread on Forex Factory now.
a----what you see is what you get as far as all the settings
b----is supposed to have a hedging function to control high float
c----is supposed to automatically calculate tp,sl,pipstep,trailing stop values
I haven't tested any of these versions yet, I'm just posting all the versions so people know the different features on them as they may produce drastically different results.
Nick,
Hello guy´s,
Firebird 1.0b is based on my idea, because it´s a counter trend EA it would be good to hedge all the positions...
but there is a bug in the code... also the hedge poitions are opened with the same settings (300 sl/30tp)...
So i think it can´t work... my oppinion is for hedge positions no take profit, only a 5 pips trailing stop and a stoploss near the pipstep, maybe 25 pips...
bug at version 1.0b
Linear Mode
