[QUOTE=rewing;2571]
Quote:
Originally Posted by Raskolnikov
I've been trying the Firebird v1.0c on the 1M time frame with EUR/USD & USD/CHF, just for curiosity sake. This thing has been generating about 200 pips a day ON DEMO. No losses yet. Waiting for the inevitable drawdown ???
Raskolnikov:
Thanks for all your posts.....
Is there some magic to making it trade?....I have tried it on FXPro for a week, but with no trades being taken. I have set up other EA's, so I know it is at least set to trade. I checked my version and it is v1.0c, but FXPro is a 5 digit platform....Could that be my problem?
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Oh, remember that Firebird only trades in ranging markets. If it detects a strong trend (divergence between two SMAs), it won't trade. Firebird profits by catching bounces between a MA channel - clearly this would wipe out your account during a strong trend.