Firebird v63_iFXAnalyzer_v03.mq4 - Powerful Forex EA for Trading

Unlock the potential of your trading with the Firebird v63_iFXAnalyzer_v03.mq4 Expert Advisor. This advanced Forex robot is designed to enhance your trading experience, providing precision and efficiency in every trade. Tested on reputable brokers like LQDFX and FXOpen, this EA is compatible with any broker, ensuring flexibility in your trading choices. Elevate your trading strategy with the Firebird v63_iFXAnalyzer_v03.mq4 EA - your key to successful Forex trading.

Is a good EA, i never trust on ea but is working

Share

Facebook Twitter Print Pinterest Gmail Email App

If you want to make money on forex you must invest in lessons not make money only with one expert!

Share

Facebook Twitter Print Pinterest Gmail Email App

Ready to Supercharge Your Trading with Firebird v63?

Here's How: Join the Forex Fun!

Meet Firebird: The MA Envelope Expert Advisor Firebird v63 is a trading Expert Advisor (EA) that helps you spot potential trading opportunities in the Forex market. It's all about catching trends and making smart moves.

How this EA Works:

Firebird calculates a 10-day Simple Moving Average (SMA) and creates a channel by shifting it up and down 2%. It can use either the closing price (for more trades) or the high and low prices (for safer trades) for SMA calculations. When the price breaks out of this channel, Firebird takes a position in the opposite direction of the current trend. If the trade goes against us, it opens additional positions to average the entry price. About 50% of trades last a day, 45% last 2-6 days, and 5% go longer or just don't work out.

Getting Started: Download and Setup

Download the .mq4 file for Firebird v63.
In MetaTrader 4, go to 'File' > 'Open Data Folder' > 'MQL4' > 'Experts.' Place the .mq4 file here.
Restart MetaTrader 4.

Adjustable Parameters:

MA_length: Length of the Simple Moving Average (SMA).
MA_timeframe: Timeframe for SMA calculations.
MAtype: 0 for SMA based on close price, 1 for SMA based on high and low prices.
Percent: Percentage for channel calculation.
TradeOnFriday: Set to 1 to allow trading on Fridays.
slip: Maximum slippage for exits.
Lots: Trading lot size.
TakeProfit: Take profit in pips.
Stoploss: Total loss on all open positions in pips.
Fast_Period: Fast period for divergence calculation.
Fast_Price: Price type for fast period.
Slow_Period: Slow period for divergence calculation.
Slow_Price: Price type for slow period.
DivergenceLimit: Divergence limit for filtering trades.
PipStep: Pip step for adding positions.
IncreasementType: Type of position sizing.
MagicNumber: Magic number for identifying EA's orders.

Here are the optimal settings for a winning strategy with additional settings for different currency pairs and time frames:

For EUR/USD (Primary Setting):

Currency Pair: EUR/USD
Minimal Balance: $1,000
Time Frame: 1-hour (H1)
Optimal Settings:

MA_length: 20
MA_timeframe: 30
MAtype: 1
Percent: 0.148
TradeOnFriday: 1
slip: 100
Lots: 0.3
TakeProfit: 73
Stoploss: 90
Fast_Period: 10
Fast_Price: Open Price
Slow_Period: 100
Slow_Price: Open Price
DivergenceLimit: 0.0033
PipStep: 9
IncreasementType: 0
MagicNumber: 12345

For GBP/USD (Alternative Setting):

Currency Pair: GBP/USD
Minimal Balance: $1,500
Time Frame: 4-hour (H4)
Optimal Settings:

MA_length: 15
MA_timeframe: 60
MAtype: 0
Percent: 0.135
TradeOnFriday: 1
slip: 120
Lots: 0.5
TakeProfit: 90
Stoploss: 110
Fast_Period: 12
Fast_Price: Close Price
Slow_Period: 120
Slow_Price: Close Price
DivergenceLimit: 0.0025
PipStep: 12
IncreasementType: 0.5
MagicNumber: 54321

For USD/JPY (Alternative Setting):

Currency Pair: USD/JPY
Minimal Balance: $800
Time Frame: 15-minute (M15)
Optimal Settings:

MA_length: 15
MA_timeframe: 15
MAtype: 0
Percent: 0.12
TradeOnFriday: 1
slip: 80
Lots: 0.2
TakeProfit: 60
Stoploss: 70
Fast_Period: 8
Fast_Price: Open Price
Slow_Period: 80
Slow_Price: Open Price
DivergenceLimit: 0.0018
PipStep: 8
IncreasementType: 0.25
MagicNumber: 98765

These settings provide a starting point for optimizing Firebird v63 on different currency pairs and time frames. Remember to backtest and adjust parameters according to your risk tolerance and trading preferences.

Firebird v63 is your Forex companion for catching trend reversals. It uses Moving Averages and divergence to identify potential trading opportunities. Remember, keep an eye on your risk management, and don't forget to adjust your lot size based on your account balance.

Share

Facebook Twitter Print Pinterest Gmail Email App