I think Mono explained somewhere that the news isn't what causes the problem, it's the open positions. They could be a week, two weeks old or more. You can't get rid of this without destroying profitability and probably the probability of it even ...

Firebird EA - fixed version -

Probably the easiest way to go about this in my opinion would be to contact all the non-biased associations you can. MTA and other related groups would perfect candidates. I don't know enough yet about the NFA to opine about their integrity yet, ...

How to make Forex better - and maybe save it from the regulators

Are you suggesting we organize a concerted effort to try for change? I for one think it would be achievable with a well thought out and well executed plan. The financial industry has always considered government regulation their nemesis. Faced with ...

How to make Forex better - and maybe save it from the regulators

This is true, but it doesn't mean this isn't a good idea. Even if the brokers are only directly responsible for a small percentage of losing positions from a certain type of trade (Probably much more influential than this), this could mean a ...

How to make Forex better - and maybe save it from the regulators

Couple of questions and thoughts. Has anyone yet tried running two indentical tests as far as settings and pairs are concerned, but allowing one to run while closing all open trades and resetting on Friday at the close on the other? I think Mono had ...

Firebird EA - fixed version -

Mono, to verify, the Firdbird Ind.zip setting you're using are the ones with pipstep set at 50% of the TP, correct?

Firebird EA - fixed version -

For the second test, I only used the 4 majors and the original 30-300 settings. As with the other test, divergence was also fixed here. Not one to disappoint, I also goofed again near the beginning. That single trade for 1.00 lot, was made manually. ...

Firebird EA - fixed version -

I have been testing Firebird along with you guys using various settings. Some to verify others results, some to see some new ones. I wanted to share the results I have gotten so far. This test uses Mono's individual settings (included) on the M1 ...

Firebird EA - fixed version -

Feeling pretty smart about now?

EURUSD

The point of this is to minimize number of open orders? Protect you from a margin call? As long as you are trading with excessive equity for the lot size, do you even need that, except as maybe a last ditch fail-safe?

Firebird EA - fixed version -

I said "Yes, somehow" but mostly because I interpreted that as "Yes, somewhat." She really likes trading too. She even went to school with me at Online Trading Academy knowing nothing about trading or even the markets in general. She ended up liking ...

Family Guy

I've only been doing my testing long enough to incur 2 losses. However in both, had an order been placed in the the opposite direction (bouncing off the stop as support), it would have negated them both. Actually it would have made money on the ...

Firebird EA - fixed version -

Ah, that makes sense. I think the economic reports, some of which have been way worse than forecast, are good signs for a slowing economy. I don't think the increased transportation costs have been fully factored by the directly affected companies ...

World stock markets, Forex, and a crash?

Glad I'm not the only one with this problem. She says she's getting tired of me being on the computer all the time. That I care more about trading than I do about her and need to balance my passion for Forex with my passion for her. You know, she's ...

Profitable EA, Fact or Fiction?

How do you get those statements that you post that detail all of your trades and performance analysis?

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

What ECN's use MT4?

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

How many different copies of MT4 are you guys running simultaneously? Is that how you are running the different setups of Firebird? What is this "magic number" I keep hearing about? Right now, I have 3 versions of v63G running and one of ...

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

The one I downloaded was the one that fixed divergence and it is printing the equitiy in the "experts" tab. What does it show the EA is calculating in the other versions?

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