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My "Ultron" EA for GBPUSD H1 timeframe

  • #1,381
  • Edited 7:38am Mar 20, 2019 7:22am | Edited 7:38am
If it breaks this support level we all will be rich on this sell trade.
  • #1,382
  • Mar 20, 2019 7:49am Mar 20, 2019 7:49am
friday trade it sl -116 pips,..,.
  • #1,383
  • Mar 20, 2019 7:57am Mar 20, 2019 7:57am
Quoting artic118
friday trade it sl -116 pips,..,.
Having large SL doesn't really make for a great R/R especially for a non-scalping strategy like Ultron. I'd advice you rethink your SL value. You want to be in the game long enough to win it.
  • #1,384
  • Mar 20, 2019 8:00am Mar 20, 2019 8:00am
New trade for today!
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  • #1,385
  • Mar 20, 2019 8:20am Mar 20, 2019 8:20am
Quoting artic118
friday trade it sl -116 pips,..,.
Same here - Friday Buy trade hit SL -116
  • #1,386
  • Mar 20, 2019 8:22am Mar 20, 2019 8:22am
Look for someone can help to build the multi-pair EA with the source code provided based this trading system.
  • #1,387
  • Mar 20, 2019 8:25am Mar 20, 2019 8:25am
Quoting saulriets6
New trade for today! {image}
Mine closed for 48 pips profit.
"Pips are vanity. Profit is sanity."
  • #1,388
  • Mar 20, 2019 8:36am Mar 20, 2019 8:36am
Quoting PaulDV
{quote} Mine closed for 48 pips profit.
Good job ultron.

Paul V hit trailing-sl 49pips
Pawel V hit TP 69pips
Feex v hit trailing-sl 40pips

Sudden bad news pushed GBP down otherwise it didn't mean to hit TP lolll :-)
GBP is on its own and pushing NZD AUD CAD up.
  • #1,389
  • Mar 20, 2019 8:42am Mar 20, 2019 8:42am
Quoting PaulDV
{quote} Mine closed for 48 pips profit.
Stopped out with 37pips. Adjusted my TStop to 34pips using the previous swing low level and TStep at 2.
Honestly, if price later hits the 100pips TP level then I'd definitely be advocating for the partial close feature because pullbacks should always be expected
  • #1,390
  • Mar 20, 2019 8:52am Mar 20, 2019 8:52am
Op tp hit. Lite 3 still going but just put a manual tp at the same level as Op and the SL has moveto trail in profit for lite 3. Is this just lucky though with brexits news lol
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  • #1,391
  • Mar 20, 2019 9:09am Mar 20, 2019 9:09am
PDV104 Sell closed, capturing 33 pips profit. This is despite my Trailing Stop is 40pips. Does anyone know why this may have occurred? Could this be as simple as slightly delay from EA ->MT4->Brokerage ?

Thx
  • #1,392
  • Mar 20, 2019 9:16am Mar 20, 2019 9:16am
Quoting johnsmith2nd
PDV104 Sell closed, capturing 33 pips profit. This is despite my Trailing Stop is 40pips. Does anyone know why this may have occurred? Could this be as simple as slightly delay from EA ->MT4->Brokerage ? Thx
check your spread. If using ECN or standard account? but spread shouldn't matter when trailing stop is set to 40pips and trade went to 69pips.
  • #1,393
  • Mar 20, 2019 9:17am Mar 20, 2019 9:17am
Quoting johnsmith2nd
PDV104 Sell closed, capturing 33 pips profit. This is despite my Trailing Stop is 40pips. Does anyone know why this may have occurred? Could this be as simple as slightly delay from EA ->MT4->Brokerage ? Thx
Price retraced 42 pips taking out your 40 pip trailing SL.
"Pips are vanity. Profit is sanity."
  • #1,394
  • Mar 20, 2019 10:05am Mar 20, 2019 10:05am
Bugger it
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  • #1,395
  • Mar 20, 2019 10:07am Mar 20, 2019 10:07am
Quoting PaulDV
{quote} Price retraced 42 pips taking out your 40 pip trailing SL.
But my step was 2, so doesn't that mean after 40 pips in the green the trailing stop increases every 2 pips? I.e. 40, 42, 44,46 etc ?
  • #1,396
  • Mar 20, 2019 10:31am Mar 20, 2019 10:31am
Quoting johnsmith2nd
{quote} But my step was 2, so doesn't that mean after 40 pips in the green the trailing stop increases every 2 pips? I.e. 40, 42, 44,46 etc ?
No, that's not how trailing stops work. The TSL is how big of a gap you're happy to have once the SL starts to trail, the Step is how many pips to move the stop when the price gets ahead of the stop by the TSL.

If you use 40/2, every time the price is 40 pips or more from the TSL, the TSL is moved to 38 pips behind the price (locking in 2 pips).

If you use 45/13, when the price is 45 pips or more ahead of the TSL, the TSL is moved to be 32 pips behind the price (locking in 13 pips).

Hope this helps.
"Pips are vanity. Profit is sanity."
  • #1,397
  • Mar 20, 2019 10:37am Mar 20, 2019 10:37am
Thank you for explanation, mine it hit the TSL around 28-29 pips, (IC Markets ECN DEMO)

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Failure is not failure if you learn from it...
  • #1,398
  • Edited 2:32pm Mar 20, 2019 11:14am | Edited 2:32pm
Closed out the sell order everyone else got for +23 pips. 48 T-stop, 2 T-step is what I run. Small run but a victory nonetheless!
  • #1,399
  • Mar 20, 2019 2:57pm Mar 20, 2019 2:57pm
is it possible to get the mql4 for
ultron_pdv_1041

so far my set files are running very profitable in demo version. but want to add some extras to it.
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  • #1,400
  • Mar 20, 2019 3:21pm Mar 20, 2019 3:21pm
Quoting fareed51
Ultron triggered Sell trade in all three versions @1.3219+. Finger cross!!!
My Live trade finish @ 1 31930 $41 in $1000 account,in ICM demo same
Great job Paul!
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