"Firebird v63_iFXAnalyzer_v03 Forex EA - Powerful Expert Advisor

Discover the potential of the Firebird v63_iFXAnalyzer_v03.mq4 Expert Advisor, a cutting-edge Forex robot designed for optimal trading performance. This EA utilizes advanced algorithms to analyze market conditions and execute strategic trades. Tested on LQDFX and FXOpen, it seamlessly adapts to any broker environment. Elevate your trading experience with this versatile Forex EA, unlocking new possibilities in the dynamic world of currency trading. Maximize your trading potential today!

To raselpro
First of all, Thanks for sharing this ea
Have u ever use this ea for back testing ?
and do u have any results?

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Do not testing with HF or 5 digits number ea loss all trads.Profitable trade close with 0.1 to 0.3 pips Firebird v63_iFXAnalyzer_v03 is so programing that close 1 to 2 pips on profit and this is on 5 digits number 0.1 to .0.2 pips

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Hello, thanks for sharing ... with which currency pair can I work? .. you have tried it on real accounts.

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Can you say which timeframe is best? And also is there a forward test?

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Discover Firebird v63_iFXAnalyzer_v03 Forex EA

Firebird v63_iFXAnalyzer_v03 Forex EA uses a 10-day Simple Moving Average (SMA) to create a channel. It then monitors price movements and takes positions when the price breaks out of this channel. If the price goes against the initial position, it opens an additional position to average the entry. The EA aims to make short to medium-term trades, with around 50% of trades lasting a day, 45% lasting 2-6 days, and only 5% going longer or failing.

How this EA works:

Firebird v63_iFXAnalyzer_v03 Forex EA calculates a 10-day SMA, shifting it up and down by 2% to create a channel. It can use either the closing price (for more trades) or the High and Low prices (for safer trades) for this SMA calculation. When the price breaks out of the channel, the EA takes a position opposite to the current trend. If the position goes against it, it opens an extra position to average the entry. The EA also considers divergence to protect against trends.

Ready to get started?

Follow these steps:

a. Download the mq4 file forFirebird v63_iFXAnalyzer_v03(1).mq4

b. Set it up in your MetaTrader 4 platform.

c. Adjust the following parameters based on your preferences:

Adjustable Parameters:

MA_length: Length of the moving average (default is 20)
MA_timeframe: Timeframe for the moving average (default is 30 minutes)
MAtype: Choose between close (0) or High/Low (1) for SMA calculation
Percent: Percentage shift for the SMA channel (default is 0.148)
TradeOnFriday: Set to 1 to allow trading on Fridays
slip: Maximum allowed slippage (default is 100)
Lots: Lot size for trading (default is 0.3)
TakeProfit: Take profit level in pips (default is 73)
Stoploss: Maximum total loss on all open positions in pips (default is 90)
Fast_Period: Period for fast moving average in divergence calculation (default is 10)
Fast_Price: Price type for fast moving average (default is open)
Slow_Period: Period for slow moving average in divergence calculation (default is 100)
Slow_Price: Price type for slow moving average (default is open)
DivergenceLimit: Divergence limit for trade entry (default is 0.0033)
PipStep: Number of pips against you to add another position (default is 9)
IncreasementType: Choose between simple (0) or exponential (>0) position sizing
MagicNumber: A unique identifier for the EA (default is 12345)

Optimal settings for winning strategies:

Currency Pair: It can work on various pairs, but consider EUR/USD, GBP/CHF, or USD/CAD.

Timeframe: Stick with the 30-minute timeframe.

Minimal Balance: A starting balance of around $1000 should be sufficient.

Winning strategy settings:

Use the EA on EUR/USD, GBP/CHF, or USD/CAD.
Set the timeframe to 30 minutes.
Start with a balance of $1000.
Adjust the lot size (Lots) based on your risk tolerance.
Set a Take Profit level (TakeProfit) of 73 pips and a Stop Loss (Stoploss) of 90 pips.
You can experiment with the Percent parameter to fine-tune the SMA channel width.

Firebird v63_iFXAnalyzer_v03 Forex EA is an Expert Advisor that automates forex trading by using moving averages and channel breakouts. It aims to capture short to medium-term price movements and manages risk by averaging positions. Use it with the recommended settings on select currency pairs and a balanced approach to risk management for potential success in forex trading. Good luck!

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