My "Ultron" EA for GBPUSD H1 timeframe

Quoting driven18

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Vot tak y vas na Ykraine....

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Quoting Feex

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{quote} Причем тут украина) это везде так)) Вот список брокеров, которые принимают трейдеров из США: http://forex-ratings.ru/forex-broker...ex-brokers.php...

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Quoting Feex

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It was possible to implement the correct trailing stop) In this modification EA has implemented a trailing stop, which can not affect profits negatively! The trailing stop starts working only when the price has crossed the TP level. In the worst case, the order will close on TP. In the best case TR will collect additional profits. Also added information panel. EA's algorithm has not changed {file} {image} {image}

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Quoting emonts

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Hi, I coded the EA for MT5.

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Quote

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Is there a possibility to add "trailing stop" functionality into ULTRON-3.4_Exponential_MM version

if(Volume[0]<=25){
 
//here all the ticking code, as you don't buy or sell anyways. will speed up testing
 
 
}

void CheckForSell(double Stoploss, double TakeProfit)
  {
  
   res=OrderSend(Symbol(),OP_SELL,lots,Bid,20,StopLoss,TakeProfit,"",MAGICMA,0,Red);
   return;
 
}

      double c1 = iClose(NULL, PERIOD_H1, 1);
      double c2 = iClose(NULL, PERIOD_H1, 2);
      double o2 = iOpen(NULL, PERIOD_H1, 2);

Quoting kobra101

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{quote} Hi Feex, Is there a possibility to add "trailing stop" functionality into ULTRON-3.4_Exponential_MM version on page 7, if OK with mischti and Pawel ? If trailing functionality does not impact profit target as you already mentioned and bring additional value, it would make sense to integrate this. Today GBPUSD peaked almost 25 pips higher than the profit target so trailing stop could have picked additional pip on the way. There will be days like Brexit agreement anouncement where the pair may suddenly peak huge. Thank you

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Quoting kobra101

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{quote} Hi Feex, Is there a possibility to add "trailing stop" functionality into ULTRON-3.4_Exponential_MM version on page 7, if OK with mischti and Pawel ? If trailing functionality does not impact profit target as you already mentioned and bring additional value, it would make sense to integrate this. Today GBPUSD peaked almost 25 pips higher than the profit target so trailing stop could have picked additional pip on the way. There will be days like Brexit agreement anouncement where the pair may suddenly peak huge. Thank you

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Quoting robots4me

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{quote} And, so, it begins... @Pawel gives you a gift. The EA works. It reaches the TP threshold and you win!!! -- and, yet, you want more. I would tread carefully when it comes to creating a zillion new versions -- you might discourage the original developer. When the author sees that people aren't appreciative of his winning code and are more interested in squeezing out even more, then he might lose interest altogether. This happens *all* the time on Forex Factory. It is not true that trailing stops have no effect -- of course they do. It may...

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Quoting Feex

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{quote} take it {file}

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Quoting Beerbelly

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{quote} Trailing stops can be very successful, but also the other way around. Now his target is at 680 pips. if you add a trailing stop then it has to reach at least 690 pips and then add a trailing stop at 680 to get the same risk and reward ratio, which also could mean that the target of 690 will not be met. Or if you give it even more room it might get harder to make profit.

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Quoting kobra101

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Thank you for the effort !

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Quoting Feex

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{quote} You did not understand how my trailing stop works! My option can not a priori harm! worst option - this order will be closed by TP But if the price reached TP (68 pips) and went further, then having reached the value of 73 pips, the trailing stop turns on in 2 pips steps - these are the settings in my version of EA, and you don’t need to change them! If the price has not reached 73 pips and has gone back, then the order will close at 68 pips, as programmed in EA. That is, we cannot do worse! Only better. And if you have not checked how it...

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Quoting Beerbelly

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{quote} I did not check yours out at all. In fact, i didn't even respond to your file, but responded to kobra101. And don't tell me when to write comments or not. :-)

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Quote

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if you add a trailing stop then it has to reach at least 690 pips and then add a trailing stop at 680 to get the same risk and reward ratio, which also could mean that the target of 690 will not be met.

Quoting Beerbelly

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So I have also added in a trailing stop, you might want to play with the numbers. Here is the new code with the trailing stop. {file}

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