My "Ultron" EA for GBPUSD H1 timeframe
ULTRON PDV 1,01
Enhancements:
Have fun!
Enhancements:
- Added option to completely hide the info panel (speeds up testing).
- TP can now be zero...order will only close when price hits (trailing) SL or retracement.
- Added Retrace Exit feature. This will exit the trade if price breaks and closes above/below the 50 SMA.
- Added ability to open more than one trade at a time. No more than one trade will open per candle.
The best settings I've found for 2019 are:
Defaults plus...
Max Orders=5
SL=70
TP=0
Trail SL=45
Trail step=1
Have fun!
"Pips are vanity. Profit is sanity."
- #1,047
- Edited 9:56pm Mar 13, 2019 9:29pm | Edited 9:56pm
ULTRON PDV 1,01 Enhancements: Added option to completely hide the info panel (speeds up testing). TP can now be zero...order will only close when price hits (trailing) SL or retracement. Added Retrace Exit feature. This will exit the trade if price breaks and closes above/below the 50 SMA. Added ability to open more than one trade at a time. No more than one trade will open per candle. The best settings I've found for 2019 are: Defaults plus... Max Orders=5 SL=70 TP=0 Trail SL=45 Trail step=1 {image} Have fun! {file}
Now all signals will be taken into account, irrespective of when we start the EA.
Interesting feature on retrace. will test how it works, and give feedback.
All in all last night was a good day for our trade.
During March we have had 2 trades one on 7th march and other on 13th March. But by allowing 5 trades, we can see how many other signals came during that period. Total of 5 trades.
- #1,048
- Edited 10:02pm Mar 13, 2019 9:48pm | Edited 10:02pm
This is test from March 2018, with settings given above.
Now let me point out the Bug or issue. May be if we correct it, the result will be far better.
It is my oversight to point this out. If the Trailing Step is bigger than 1, it does calculate the Trailing properly.
Trailing stop calculation and modification of orders.
Max Orders=5
SL=70
TP=0
Trail SL=45
Trail step=1
It is my oversight to point this out. If the Trailing Step is bigger than 1, it does calculate the Trailing properly.
Here is for March 2019, we all know 2 trades with our previous Ulite3 and PDV. Am comparing known results.
Max orders-5
This is with TP-0
Sl-70
Trailing Stop- 40
Trailing Step- 14
(these are the settings I use).
Max orders- 5
This is with TP-100
Sl-70
Trailing Stop- 40
Trailing Step- 14
(these are the settings I use 40/14).
There is additional 40% gain by including multiple signals and drawdown increase is 6% (14% vs 8%)
This is standard with 1 order at any time.
Significant Improvement on our results, where the signal was right.
Good Work @PaulDV
Again Thanks to @Pawel & @Feex
Max orders-5
This is with TP-0
Sl-70
Trailing Stop- 40
Trailing Step- 14
(these are the settings I use).
Max orders- 5
This is with TP-100
Sl-70
Trailing Stop- 40
Trailing Step- 14
(these are the settings I use 40/14).
There is additional 40% gain by including multiple signals and drawdown increase is 6% (14% vs 8%)
This is standard with 1 order at any time.
Significant Improvement on our results, where the signal was right.
Good Work @PaulDV
Again Thanks
to @Pawel & @Feex
- #1,053
- Mar 14, 2019 12:45am Mar 14, 2019 12:45am
I am live with pawel gawron but demo with FEEX & Paul.
Pawel, Feex & Paul EA are all profitable. I believe EA check volume/price action before entering the trade. Entry is same but exit are with different logic. Last night, Paul exit was on half way as its very secure exit, Pawel exit with set tp, but FEEX EA was the winner. Collected extra pips more than TP. Some guys used Stop loss was hit. So Guys, your stop loss didn't hit but trailing stop was hit last night. :-)
I am giving my understanding and opinion, but correct me guys if I'm wrong.
Pawel: His EA will often see Green pips turned in RED pips tha'ts why he says 58% winning.
Feex: His EA start trailing stop from TP. So we will often see Green pips turn in RED pips. But winning trades will cover half of loss trades, let's assume 75% winning.
Paul: His EA lock-in profit with trailing stops so you will see GREEN pips only. 90% to 98% winning due to trailingStop activation.
Oh yes, I am going to include Paul & Feex versions to my EA portfolio live account. Green pips to you all
Cheers.
Pawel, Feex & Paul EA are all profitable. I believe EA check volume/price action before entering the trade. Entry is same but exit are with different logic. Last night, Paul exit was on half way as its very secure exit, Pawel exit with set tp, but FEEX EA was the winner. Collected extra pips more than TP. Some guys used Stop loss was hit. So Guys, your stop loss didn't hit but trailing stop was hit last night. :-)
I am giving my understanding and opinion, but correct me guys if I'm wrong.
Pawel: His EA will often see Green pips turned in RED pips tha'ts why he says 58% winning.
Feex: His EA start trailing stop from TP. So we will often see Green pips turn in RED pips. But winning trades will cover half of loss trades, let's assume 75% winning.
Paul: His EA lock-in profit with trailing stops so you will see GREEN pips only. 90% to 98% winning due to trailingStop activation.
Oh yes, I am going to include Paul & Feex versions to my EA portfolio live account. Green pips to you all
Cheers.
{quote} Interesting feature on retrace. will test how it works, and give feedback.
On testing however, it doesn't do great in this capacity. Although it can be used in conjunction with a trailing stop to catch retraces that happen before the SL is hit, thus potentially slightly reducing the loss from the maximum. But again, I'd need to test the efficiency of this exit method vs the others.
Essentially, it's just another possible tool to add into the mix and someone may come up with something wierd that works
"Pips are vanity. Profit is sanity."
