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Thread: Firebird_v1.0c_noglobal

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    Default Firebird_v1.0c_noglobal

    here is another version of firebird, keep in mind, that the external variables don't seem to be used, well, not all of them.

    when trying this one out.. only variables that you seem to have to be concerned with are the max orders, it seems to set it's sl tp based on it's own analysis. I think it has a trailing stop that is different from the external settings too...

    doesn't seem to want to trade on JPY pairs, am trying to optimize for each currency.
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    Quote Originally Posted by markbto View Post
    here is another version of firebird, keep in mind, that the external variables don't seem to be used, well, not all of them.

    when trying this one out.. only variables that you seem to have to be concerned with are the max orders, it seems to set it's sl tp based on it's own analysis. I think it has a trailing stop that is different from the external settings too...

    doesn't seem to want to trade on JPY pairs, am trying to optimize for each currency.
    Hi markbto,

    I have some question: What mean
    - writelog

    - DST

    -pip Step

    Thanks for your answer

    J_l

  3. #3

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    Quote Originally Posted by j_l View Post
    Hi markbto,

    I have some question: What mean
    - writelog

    - DST

    -pip Step

    Thanks for your answer

    J_l
    Writelog set to 1 if you want a log of trades, dosn't effect trading.

    DST is daylight savings time, only needed if you are trading with time limitations

    Pip step is the number of pips the ea will space orders when the go in the oposite direction of your trade, from my forward tests, I don't think this setting is used in this version. seem's too make it's own desition of how far apart to place trades.

    the MM setting in this ea seem's to quit trading after the first loss, from what I have found in back testing.


    Max Trades is the maximum number of trades that will open in a single pair, when setting your lot size, keep this in mind, I recommend setting a higher Max trades to higher and keep you lots lower, setting max trades between 2 and 10 is probably best... I do my testing based on a $20 start on nano (1 cent per pip) and have has success with Max Trades set to 2

    also keep in mind with this ea, it has many small gains, and if there is a looser, it's usually big, so keep your max trades and lot size ready for a big loss.

    I'll post some forward tests in a while... only 1 week of data at the moment, but great results so far.

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analysis, demo, expert, pairs, stop, time, trading, trailing

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