Read post #898 for version On an account that small, which is I suppose a mini account on IBFX, I would only run two pair and no more lots than .1 each. That would be essentially tencents per pip.

Firebird EA - fixed version -

The version 63G that I am using on the M5 test does not have the divergence fix for JPY pairs which 1.0a has. But since I'm not trading JPY at this time it doesn't matter. I would expect no difference if I were running 1.0a. If I do decide to add ...

Firebird EA - fixed version -

How did you decide to use 42 for a TP? Seems to work well for you! What are your favorite pairs now? I have considered adding back the USDJPY. Thanks for sharing.

Firebird EA - fixed version -

Hey NVWINE that is a NICE statement. Glad to see that somebody else can help support my thoughts on M5 timeframe. Yesterday was a tough one for Firebirds. My M5 demo took a little over a 100 pip loss from yesterday morning. Now all three pair have ...

Firebird EA - fixed version -

OK. Somebody asked for the M5 demo statement. 3 pairs only on M5. 30-300-30 settings on .1 percent I have pushed up lots a little as equity increased, but started with $10,000. Wish I had started my live account on M5!!

Firebird EA - fixed version -

Well today has been a little somber for my hedge version but it is still positive equity for over two weeks now. The divergence is true.

Firebird EA - fixed version -

The M5 timeframe has been run as a test (demo) for the past month on FXDD. My live account is currently on IBFX, unfortunately I did not use the M5 but instead the M1. It is currently down a couple of hundred bucks. I will try to post this mornings ...

Firebird EA - fixed version -

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 ...

Firebird EA - fixed version -

I guess somehow I have missed the reverse FB! I do know that I have run the 1b2 hedge version for the last two weeks and made 800 pips on 4 pair. That includes the bad week! I'm beginning to think that the previous wisdom of having $1000 in the ...

Firebird EA - fixed version -

Thanks for the conventional wisdom. Actually the 300 stop loss works well. The EA wins about 30 trades per each loss when run on conservative settings. (30-300-30) I really like it on the M5 timeframe as compared to the M1 as far as reliability ...

Firebird EA - fixed version -

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 ...

Firebird EA - fixed version -

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. ...

Firebird EA - fixed version -

Nope. The "original" I refer to is Firebird 63G. The one with no divergence fix for JPY pairs and no TS. Real plain vanilla 30-300-30 settings on M5 charts. It has never closed a loss in 1 months time now. 78 wins and 4 floating, two currently in ...

Firebird EA - fixed version -

Thanks Accrete! I have to agree with you a little, although there really is a lot to read and assimilate here. I would like to share one experiment I have been doing since August 10. I have been running 3 pair only on the original, not too zany mono ...

Firebird EA - fixed version -

Thanks Swissly, will give this a close look!

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

This is the week for a trend EA! In true form for me, I STARTED Firebird v1.0a this past Tuesday AM on 2 pairs. very small lots. Thank goodness. At 12 Noon EST I am now down a net -582 pips. I'll keep hanging in there for a while though. Really ...

Firebird EA - fixed version -

Chris, this is a great post and also reflects my findings. Are you using the original 30_300_30 settings or have you gone to the more aggressive IND settings? Thanks.

Firebird EA - fixed version -

Hi Coolhand. That is exactly what I have on my live account, two pairs. It's just a little in the negative right now, (whoops, just went positive) so far not disastrous! The float on the 1b2 is over 50% of the banked pips!! So the net of 809 pips is ...

Firebird EA - fixed version -

Nothing fancy. There the old settings of TP 30, SL 300, PIPSTEP 30. Probably nowhere near optimum. Pairs are EURUSD (net 346 pips since Aug28) USDCAD (net 151 since AUG 28) USDCHF (net 258 since Aug28) AUDUSD (net 54 since Aug 28) I think perhaps ...

Firebird EA - fixed version -

Just reviewed my demo of the hedge 1b2 and actually it has lost nothing today, just slightly up on 4 pair. Hmmmm. I might have to seriously reconsider this EA version for long term trading plans. does not win as wildly as others, but obviously does ...

Firebird EA - fixed version -