Comments for Birt's EA review

Comment on How to download free tick data by birt

birt — Thu, 17 May 2012 09:19:15 +0000

Wait, I didn’t consider the fact that you might be talking about JForex – could you please be more specific about your problem?

Comment on How to download free tick data by birt

birt — Thu, 17 May 2012 09:18:20 +0000

It always downloads up to the current day. Why would you even want to download one month at a time?

If resuming the CSV is what you had in mind, you have to process up to a month start – it doesn’t matter if you downloaded more data than that.

If you don’t wish to download the full data range and stop earlier than the current date, it should be fairly easy to modify the script on your own even with the most basic programming expertise.

Comment on How to download free tick data by Janus007

Janus007 — Wed, 16 May 2012 18:35:27 +0000

What happened to Dukascopy, it seems like the end-date is frozen making it impossible to download one month at a time.

Comment on Downloading and parsing Dukascopy tick data with Birt’s PHP scripts by birt

birt — Wed, 16 May 2012 13:07:43 +0000

It would appear that the bin files are no longer available. You need to use the latest version of the script.

Comment on Tick data – 99% modeling quality with Metatrader 4 by birt

birt — Wed, 16 May 2012 12:46:28 +0000

It is using the fixed spread saved in the file. Using fixed spread with an FXT built with real spread is a bad idea, you should build another FXT instead.

Comment on Tick data – 99% modeling quality with Metatrader 4 by Adam

Adam — Wed, 16 May 2012 10:36:04 +0000

Gday Birt,

I’ve downloaded and successfuly run 99% variable spread testing, using your script to choose true (use variable spread). When I uploaded data I inserted 0.6 commission, no problem.

All works very well, thank you for the instruction.

My question is if I set set the use variable spread script to : false, what spread does it use ?

I assume setting it to false does fix the spread, and the tests shows a considerable better result, ie much easier to pass, NOT that I am looking for an easier test to pass. I am looking to compare a varaible spread test versus fixed spread.

Thanks, your insights/advice is greatly valued.

Cheers, Adam

Comment on Forex Envy live forward test by birt

birt — Wed, 16 May 2012 08:33:09 +0000

Thanks, I didn’t know that. I still have one.

Comment on Forex Envy live forward test by Philipe

Philipe — Wed, 16 May 2012 08:17:29 +0000

Hi Birt,

The L-plate account (gomarkets) doesn’t exist anymore!

regards ,
Philipe

Comment on Downloading and parsing Dukascopy tick data with Birt’s PHP scripts by jib

jib — Wed, 16 May 2012 01:51:21 +0000

Hello Birt,

I’ve just tried to run the download_dukascopy_data.php from 2009 and I only get this error:

WARNING: did not download http://www.dukascopy.com/datafeed/EURUSD/2009/00/01/11
h_ticks.bin (1230807600) – error code was 403
Content was: 403 Forbidden
Request forbidden by administrative rules.

Do you have any idea about dukascopy rejecting this kind of access lately?

Thanks a lot for your help in these matters! (seriously)

Comment on Forex Gold Trader live forward test by birt

birt — Tue, 15 May 2012 19:51:34 +0000

I fully agree with you but there’s still a chance for it to recover, depending on the market of course. I was half hoping that this new version would avoid the pitfalls of the previous but it seems all it accomplished is a prolonged agony. Anyway, if shit hits the fan, I definitely won’t supplement its balance to help it.

Comment on Forex Gold Trader live forward test by Hans

Hans — Tue, 15 May 2012 19:45:30 +0000

I can see another blow-up coming. The draw down is not as big as with the previous version, but still it is able to kill a small account without decent reserves. The EA creator indicated in his backtests that a 500USD account would not survive a strong down-trend. I am afraid that Alex is right. You can do this strategy just as well manually.

Comment on Forex Envy live forward test by jerome

jerome — Tue, 15 May 2012 12:05:38 +0000

its a martingale system. so yes, there is a risk. its why the team behind the EA recommend to not put all your money in 1 account and you have to withdraw regularly.
but as of today, you can see that the long cycle is very stable.
the DD of the birt’s account is lower than a lot of other EAs.
even if its a martingale system, its the only stable and profitable EA I have.
personnaly I’m in agressive mode with more than 30% per month (before rebates)
and I’ll open a new bigger account soon when the new version will be released.