Firebird V63D Forex EA - Proven Performance, Versatile Trading

Experience the power of Firebird V63D.mq4, a top-notch Forex robot designed for consistent and reliable trading. This Expert Advisor (EA) is meticulously crafted to optimize your trading strategies, ensuring peak performance in diverse market conditions. Tested on LQDFX and FXOpen, it seamlessly adapts to any broker environment, delivering impressive results. Elevate your trading with this cutting-edge Forex EA and unlock new possibilities in the dynamic world of online trading. Download now for enhanced trading efficiency.

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Thank you all trader
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Firebird v63d EA: The Trend Rider!

Firebird v63d follows a simple yet powerful strategy. It calculates a 10-day Simple Moving Average (SMA) and uses it to create a channel, shifting up and down by 2%. When the price breaks out of this channel, Firebird takes a position opposite to the current trend. If the trade goes against us, it opens an extra position to average the risk. About 50% of trades last a day, 45% take 2-6 days, and only 5% extend further.

How this EA works:

The EA uses a moving average to identify price channels. When the price breaks out, it opens a trade against the prevailing trend. If that trade doesn't go well, it doubles down to improve the average entry.

Getting Started:

To use Firebird v63d, follow these steps:

Download the "mq4" file.
Set up your MetaTrader 4 platform.
Import the EA by opening MetaEditor and pasting the code.
Customize your settings using these parameters:

Adjustable Parameters:

MA_length: Determines the length (period) of the moving average used for calculation.
MA_timeframe: Specifies the timeframe for the moving average calculation.
MAtype: Sets the type of price used for the moving average calculation (0 for close, 1 for high-low).
Percent: Defines the percentage variation for the price band used in trading decisions.
TradeOnFriday: Determines whether the EA should take trades on Fridays (0 for no, >0 for yes).
slip: Specifies the maximum allowable slippage when entering or exiting positions.
Lots: Sets the trading lot size for each position.
TakeProfit: Specifies the take profit level in pips.
Stoploss: Sets the total loss on all open positions in pips.
Fast_Period: Period setting for a technical indicator used for divergence analysis.
Fast_Price: Price setting for the fast period indicator.
Slow_Period: Period setting for another technical indicator used for divergence analysis.
Slow_Price: Price setting for the slow period indicator.
DivergenceLimit: Defines the limit for divergence analysis to protect from trends.
PipStep: Specifies the amount of pips against you before adding another position.
IncreasementType: Sets the method for adjusting position size based on the number of open orders.
DVLimit: Determines the divergence limit for filtering trades based on divergence analysis.
PipsGoal: Sets the target pips for closing profitable trades.
PipsLoss: Sets the maximum loss in pips before closing losing trades.
GMT: Specifies the GMT offset for the broker.
DST: Determines if Daylight Saving Time is used (0 for standard, 1 for DST).
OpeningHour: Sets the trading session's opening hour.
ClosingHour: Sets the trading session's closing hour.
writelog: Allows logging of trading-related information (0 for no, 1 for yes).

These parameters allow you to customize various aspects of the EA's trading strategy, such as moving average settings, risk management, and trade timing. Adjusting these parameters can help you fine-tune the EA to fit your trading preferences and market conditions.

For a winning strategy, consider these settings:

MA_length: 14
MA_timeframe: 1 Hour (H1)
MAtype: 0 (Close price)
Percent: 2
TradeOnFriday: 0 (Disable trading on Fridays)
slip: 3 pips
Lots: 0.1
TakeProfit: 50 pips
Stoploss: 30 pips
Fast_Period: 12
Fast_Price: 0 (Close price)
Slow_Period: 26
Slow_Price: 0 (Close price)
DivergenceLimit: 1
PipStep: 10 pips
IncreasementType: 0
DVLimit: 1
PipsGoal: 100 pips
PipsLoss: 50 pips
clOpenBuy: Green
clModiBuy: Lime
clCloseBuy: Red
clOpenSell: Red
clModiSell: Tomato
clCloseSell: Lime
clDelete: Gray
Name_Expert: "Firebird V63D EA"
NameFileSound: "alert.wav"
MODE_DIV: 0
GMT: 2
DST: 1 (Enable Daylight Saving Time)
OpeningHour: 8
ClosingHour: 16
writelog: 1 (Enable logging)

Currency Pair: EUR/USD
Minimal Balance: $1,000
Time Frame:1 Hour

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