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TraderSeven replied Aug 25, 2006If it was that simple I would set it to 9999. And then remove it completly...
Example: 1] PipStep=30, ProfitTarget=30 2] Enter Short at 1.0000 3] Price moves up to 1.0030 -> add an extra lot 4] Average price is now 1.0015 5] Price goes to 0.9975 ...Firebird EA - fixed version -
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TraderSeven replied Aug 25, 2006When Firebird takes a position it assumes that the 'trend' reverses very soon. If it doesn't retrace with in PipStep pips then add another lot and average the position. When the position is averaged this way there is a higher probabilty that the ...
Firebird EA - fixed version -
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TraderSeven replied Aug 25, 2006I'm happy you guys are having a bad time! Not that I want to be sadistic but it's good you experience the risk of Firebird with your own eyes on a demo account. But now you know what to fix. Backtest the same period and see if it looks like the ...
Firebird EA - fixed version -
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TraderSeven replied Aug 25, 2006It's a matter of view if floating loss/profits are real losses/profits. If things turn in your favor you will win big with so many lots. Afterall your other trades turnmed out fine too. And they didn't start winning right away either. Especially ...
Firebird EA - fixed version -
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TraderSeven replied Aug 25, 2006First of all as long as it takes to be sure it's bugfree. Secondly until you have seen all market conditions. Firebird loves sideways action. Success is almost guaranteed on such markets. When I tested on D1 things worked fine for 6 months. Then... ...
Firebird EA - fixed version -
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TraderSeven replied Aug 25, 2006Maybe you should write ".... x pairs simultaniously...." You can monitor many pairs and only open trades in x pairs at the same time. That way you can trade with a small account but still get many signals.
Firebird EA - fixed version -
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TraderSeven replied Aug 24, 2006Bachelors usually are rich. So don't make a Mrs Firebird
Keep the good work going...Firebird EA - fixed version -