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Attachments: My "Ultron" EA for GBPUSD H1 timeframe
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My "Ultron" EA for GBPUSD H1 timeframe

  • #1,061
  • Mar 14, 2019 4:17am Mar 14, 2019 4:17am
Quoting cdsaa
{quote} FFCal doesnt compile. 'TimeGMT' - ambiguous call to overloaded function with the same parameters FFCal.mq4 602 32 You may have had compiled edition, so it may be working. as this mq4 file has been done a while ago, there are warnings and 1 error. mq4 is not compiling so it is unable to load the indicator. That is error which was mentioned earlier. FFC i gave is without any errors or warnings.
Well blow me - you're right. I was using the compiled version all along when I thought I was using the MQ4 file.

This indicator isn't mine, and as far as I can tell it's open source, which is why I included it, but if it doesn't work then I'll correct it either by fixing it up or perhaps using the version you've kindly supplied.

I'll post an update soon(ish).
"Pips are vanity. Profit is sanity."
  • #1,062
  • Mar 14, 2019 5:01am Mar 14, 2019 5:01am
Quoting johnsmith2nd
{quote} This looks interesting indeed. We would need the sequences for the top performers and maybe someone can code this in?
The top performer betting sequence will be different for every trader because it has its impact on DD, margin% etc. but once coded would make things easier.
Another (almost) overlooked improvement could be the gradual reducing of the SL (NOT BE or beyond): for every e.g. 20 positive pips reduce the SL with some % of that amount.
  • #1,063
  • Mar 14, 2019 5:04am Mar 14, 2019 5:04am
Quoting Xauen
{quote} In my broker, the currencies have a suffix ending in ".p" for example the gbpusd is gbpusd.p When I added the ea to the gbpusd.p chart I got a message saying that this ea is for gbpusd. Could you modify this issue, please?
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  • #1,064
  • Mar 14, 2019 5:21am Mar 14, 2019 5:21am
Quoting cdsaa
{quote} Your symbol has suffix GBPUSD.p
I already know it. So I ask if the ea works with the suffix and if it is not, if he could modify it so that it works
  • #1,065
  • Mar 14, 2019 5:49am Mar 14, 2019 5:49am
Quoting Xauen
{quote} In my broker, the currencies have a suffix ending in ".p" for example the gbpusd is gbpusd.p When I added the ea to the gbpusd.p chart I got a message saying that this ea is for gbpusd. Could you modify this issue, please?
It's on the list.
"Pips are vanity. Profit is sanity."
  • #1,066
  • Mar 14, 2019 5:49am Mar 14, 2019 5:49am
Quoting Xauen
{quote} I already know it. So I ask if the ea works with the suffix and if it is not, if he could modify it so that it works
It still works - it's just a warning that you're not running it on the pair and timeframe it's designed for.
"Pips are vanity. Profit is sanity."
  • #1,067
  • Mar 14, 2019 5:55am Mar 14, 2019 5:55am
Quoting Go5
Some food for discussion: In the period starting from 2015 there have been lesser results, as has been mentioned. The typical consecutive wins/losses however make it possible to use some form of a betting sequence like inverse d'Alembert or 1-3-2-6. After performing some in depth calculations I found this: The blue line is the standard exponential increase (1.1/0.9), the others are different betting sequences on top of that. The numbers are net gain, start capital 10000, starting with 1 lot, original SL/TP, no trailing! {image}
I've never heard of this, although what you're describing sounds very reminiscent of the Roulette Trader Money Management strategy: start with a multiplication factor of 1, if the trade wins, increase the factor by 1. Use a set maximum factor and reset back to 1 when either the target is reached (thus 'locking in' the profit already achieved) or a loss is incurred.

Is this along the lines that you're thinking of? If so, then I've already coded an EA that does this and wouldn't take much to integrate with Ultron.
"Pips are vanity. Profit is sanity."
  • #1,068
  • Mar 14, 2019 6:05am Mar 14, 2019 6:05am
Quoting PaulDV
{quote} It still works - it's just a warning that you're not running it on the pair and timeframe it's designed for.

thanks for your prompt response
  • #1,069
  • Edited 6:25am Mar 14, 2019 6:06am | Edited 6:25am
Quoting PaulDV
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}
Brain brain … superb strategy.. Sounds BRILLIANT.
My apology didn't read this post before.

I"ll definitely give it a go.
  • #1,070
  • Mar 14, 2019 6:25am Mar 14, 2019 6:25am
Quoting tradeChaser
I have two profitable trades from last week on this EA, and I just noticed that I have had it on the 5Min. Anyone look into this as well? my back tests over past few months show slight increase in overall profit with similar DD numbers. Essentially as of 1/1, looks like about 21 trades vs the 13 I saw on H1 backrest.
An interesting 'mistake'...I'll give this a try when I can and report back.
"Pips are vanity. Profit is sanity."
  • #1,071
  • Mar 14, 2019 6:27am Mar 14, 2019 6:27am
Quoting PaulDV
{quote} An interesting 'mistake'...I'll give this a try when I can and report back.
m5 is not great.

on MA- did you remove the hardcoded 60 to use current timeframe?
  • #1,072
  • Mar 14, 2019 6:39am Mar 14, 2019 6:39am
Quoting PaulDV
{quote} An interesting 'mistake'...I'll give this a try when I can and report back.
I WAS TESTING FOR THE PAST 3 WEEKS,..m1,..m5,..m15,...m30,..give up yesterday,..maybe not the right settings,..the best with litle profit was m30.
  • #1,073
  • Mar 14, 2019 6:47am Mar 14, 2019 6:47am
Quoting PaulDV
{quote} I've never heard of this, although what you're describing sounds very reminiscent of the Roulette Trader Money Management strategy: start with a multiplication factor of 1, if the trade wins, increase the factor by 1. Use a set maximum factor and reset back to 1 when either the target is reached (thus 'locking in' the profit already achieved) or a loss is incurred. Is this along the lines that you're thinking of? If so, then I've already coded an EA that does this and wouldn't take much to integrate with Ultron.
Similar, but not quite the same. The sequence 1-3-2-6 for ex. cannot be done with a fixed factor. You would need to specify your preferred sequence as (x,x,x,x,...), can be 2, 3 or more numbers. For the Ultron we don't need more than 4 I think.
Example: start lot =1, and changes during a winning streak to 3,2, and 6 lots. This repeats until you lose where it gets reset to 1 lot (or better to a risk related value).You would then need an input for the base lot (1) and another one for the sequence (3,2,6) in this case.
If you already have similar code you might give it a go!
  • #1,074
  • Mar 14, 2019 6:58am Mar 14, 2019 6:58am
Quoting cdsaa
{quote} m5 is not great. on MA- did you remove the hardcoded 60 to use current timeframe?
Yes, it uses the current timeframe.
"Pips are vanity. Profit is sanity."
  • #1,075
  • Mar 14, 2019 7:33am Mar 14, 2019 7:33am
Quoting Go5
{quote} Similar, but not quite the same. The sequence 1-3-2-6 for ex. cannot be done with a fixed factor. You would need to specify your preferred sequence as (x,x,x,x,...), can be 2, 3 or more numbers. For the Ultron we don't need more than 4 I think. Example: start lot =1, and changes during a winning streak to 3,2, and 6 lots. This repeats until you lose where it gets reset to 1 lot (or better to a risk related value).You would then need an input for the base lot (1) and another one for the sequence (3,2,6) in this case. If you already have similar...
Thanks for the explanation. I'll give this some thought.
"Pips are vanity. Profit is sanity."
  • #1,076
  • Mar 14, 2019 11:59am Mar 14, 2019 11:59am
Quoting Go5
{quote} The top performer betting sequence will be different for every trader because it has its impact on DD, margin% etc. but once coded would make things easier. Another (almost) overlooked improvement could be the gradual reducing of the SL (NOT BE or beyond): for every e.g. 20 positive pips reduce the SL with some % of that amount.
This has been on my mind for some time too.

I'm considering allowing different forms of trailing stop, such as:

  1. None
  2. Regular (starts trailing when x pips in profit)
  3. Immediate (starts trailing as soon as the price is x pips ahead of the SL, and then by a certain step)
  4. EMA (SL follows the curve of a specified EMA, trailing x candles behind).
  5. Factored (starts trailing immediately the order in opened, and trails according to the % that the price has moved toward the TP)

In the last scenario, for example, if the TP and SL are both 100, the SL is moved 2 pips for every 1 pip the price moves (because the ratio between the SL and TP is twice that of the Open Price and TP). I'm thinking that perhaps this should be geared down by a % factor to avoid closing too tight too soon, e.g. 80%, so the SL will move 16 pips for every 10 that the price moves?

Thoughts?

"Pips are vanity. Profit is sanity."
  • #1,077
  • Mar 14, 2019 12:39pm Mar 14, 2019 12:39pm
Quoting PaulDV
{quote} This has been on my mind for some time too. I'm considering allowing different forms of trailing stop, such as: None Regular (starts trailing when x pips in profit) Immediate (starts trailing as soon as the price is x pips ahead of the SL, and then by a certain step) EMA (SL follows the curve of a specified EMA, trailing x candles behind). Factored (starts trailing immediately the order in opened, and trails according to the % that the price has moved toward the TP) In the last scenario, for example, if the TP and SL are both 100, the SL...
As soon we reduce the SL, the probability of hitting the target also gets smaller so I was thinking in the line of only taking a part (or max 100%) of the favourable excursion. So, price moves 20 pips+, SL is reduced with 10 pips or so (50% of the gained pips). I looked through some 100 trades and this gives a good result.
  • #1,078
  • Mar 14, 2019 2:29pm Mar 14, 2019 2:29pm
I just wanted to comment and say that it's nice to see everyone freely exchanging information. I see a lot of threads where someone will brag they modified an EA a certain way and boast about returns but not share it at all. Huge thanks to Pawel, Feex, Pauldv, and everyone else who has shared ideas, information, and results in this thread. Let's keep it going.
  • #1,079
  • Mar 14, 2019 2:44pm Mar 14, 2019 2:44pm
Quoting SigmaEnigma
I just wanted to comment and say that it's nice to see everyone freely exchanging information. I see a lot of threads where someone will brag they modified an EA a certain way and boast about returns but not share it at all. Huge thanks to Pawel, Feex, Pauldv, and everyone else who has shared ideas, information, and results in this thread. Let's keep it going.
Yep,..thats very true

Not easy to see a thread, WHERE EVRY ONE TRY TO HELP A LITLE BIT,...and also not easy to see a thread where no one came with bad comments,..thx guys
  • #1,080
  • Edited 6:07pm Mar 14, 2019 4:17pm | Edited 6:07pm
ULTRON_PDV_102
ULTRON_PDV_103

Updates:

  1. Corrected MA3MA4Max info on panel.
  2. Corrected detection of currency pair for warning message (should now ignore broker prefixes and suffixes).
  3. Converted MA gap parameters to pip to make things easier to understand.
  4. Updated the news filter to use FFC.EX4 (thanks @cdsaa) as the old version seemed corrupted.
  5. News filter now included Holidays, so you can suspend trading on holidays if you wish.

No massive strides forward for this version, but I've seen a few suggestions which may add some value to this little EA, so watch this space.

Note that the FFC indicator is only required of you plan on using the news filter.

(Last-minute update as I discovered that one of the changes had badly affected the profitability and I had to fix it...all sorted now!)

Attached File(s)
File Type: ex4 FFC.ex4   54 KB | 389 downloads
File Type: ex4 ULTRON_PDV_103.ex4   62 KB | 525 downloads
"Pips are vanity. Profit is sanity."
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