My "Ultron" EA for GBPUSD H1 timeframe | Page 111 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Broker Challenge "NDD/STP" vs. True "ECN" and "Mkt Mkr" broker talk 46 replies

Dealing with "Invalid Price", "Requote", "Server Busy" in MT4 3 replies

Timeframe inside current timeframe - is that possible? 2 replies

Seeing higher timeframe indicators on lower timeframe 4 replies

Finding the best "personal" timeframe! 6 replies

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

My "Ultron" EA for GBPUSD H1 timeframe

  • #2,201
  • Sep 4, 2019 5:42pm Sep 4, 2019 5:42pm
Hello,

Below you can find settings for both version.
In addition is the list of the trades since beginning of July until end of August.
To be honest i do not remember why offsets are different but most probably i set two different way of sets just to see how it can influence for trading
Unfortunately i lost my demo account so i cannot get more details.
I set up new demo just for these two version so after while we can see if situation will be same as in July and August.


Attached File(s)
File Type: zip Presets.zip   1 KB | 1,147 downloads

Attached File(s)
File Type: txt Ultron trades.txt   60 KB | 1,036 downloads
  • #2,202
  • Sep 5, 2019 4:25am Sep 5, 2019 4:25am
Quoting robeg
Hello, Below you can find settings for both version. In addition is the list of the trades since beginning of July until end of August. To be honest i do not remember why offsets are different but most probably i set two different way of sets just to see how it can influence for trading Unfortunately i lost my demo account so i cannot get more details. I set up new demo just for these two version so after while we can see if situation will be same as in July and August. {file} {file}
Thanks, that was helpful.

Looking through the data, you have different time filters, which could cause differences in the number of trades opened. You also have the Volume parameter set differently, which again will cause one EA to skip a trade where the other doesn't.

The only difference in trades was a losing trade opened by 106 on 12.07.2019 - 105 didn't open a trade at this time. Looking at the time it was opened (5pm local time) I suspect that it was the Volume that caused 105 to skip the trade but 106 to open it.

All other trades appeared to open and close together, which is what I wold have expected.

The other main difference is in the lot sizes. For 105 you're risking 25% of the available equity, but in 106 you're risking only 1% of the account balance. This will yield wildly different results percentage-wise, for the same trades.

So, to sum up, I'm happy that 106 is doing what it should and it's just the settings that have made the difference here.
"Pips are vanity. Profit is sanity."
  • #2,203
  • Sep 5, 2019 4:54am Sep 5, 2019 4:54am
Quoting PaulDV
{quote} Thanks, that was helpful. Looking through the data, you have different time filters, which could cause differences in the number of trades opened. You also have the Volume parameter set differently, which again will cause one EA to skip a trade where the other doesn't. The only difference in trades was a losing trade opened by 106 on 12.07.2019 - 105 didn't open a trade at this time. Looking at the time it was opened (5pm local time) I suspect that it was the Volume that caused 105 to skip the trade but 106 to open it. All other trades appeared...
thanks paul for your great effort. also. may i ask if this EA can work on other pairs? so far i havnt found any good sets to use with Eu or ther majors. if it is possible can you point me in the right direction which pair to search for optimization? thanks again
  • #2,204
  • Sep 5, 2019 5:24am Sep 5, 2019 5:24am
Quoting PaulDV
{quote} Thanks, that was helpful. Looking through the data, you have different time filters, which could cause differences in the number of trades opened. You also have the Volume parameter set differently, which again will cause one EA to skip a trade where the other doesn't. The only difference in trades was a losing trade opened by 106 on 12.07.2019 - 105 didn't open a trade at this time. Looking at the time it was opened (5pm local time) I suspect that it was the Volume that caused 105 to skip the trade but 106 to open it. All other trades appeared...
Excellent explanation Paul.
Well done.
  • #2,205
  • Sep 5, 2019 7:54am Sep 5, 2019 7:54am
Quoting mercilez
{quote} thanks paul for your great effort. also. may i ask if this EA can work on other pairs? so far i havnt found any good sets to use with Eu or ther majors. if it is possible can you point me in the right direction which pair to search for optimization? thanks again
I see no reason why it can't be used for other pairs.

You just need to find the right settings for the Trigger Parameters, and play with the Order Entry and Trade Management values to optimise.

I say "just", but it's not an easy task tbh.
"Pips are vanity. Profit is sanity."
  • #2,206
  • Sep 6, 2019 1:57am Sep 6, 2019 1:57am
Quoting PaulDV
{quote} Thanks, that was helpful. Looking through the data, you have different time filters, which could cause differences in the number of trades opened. You also have the Volume parameter set differently, which again will cause one EA to skip a trade where the other doesn't. The only difference in trades was a losing trade opened by 106 on 12.07.2019 - 105 didn't open a trade at this time. Looking at the time it was opened (5pm local time) I suspect that it was the Volume that caused 105 to skip the trade but 106 to open it. All other trades appeared...
Thanks for this excellent clarification!
  • #2,207
  • Sep 8, 2019 3:24am Sep 8, 2019 3:24am
Quoting PaulDV
{quote} I see no reason why it can't be used for other pairs. You just need to find the right settings for the Trigger Parameters, and play with the Order Entry and Trade Management values to optimise. I say "just", but it's not an easy task tbh.
Do we know what the OP used to calculate the trigger parameters for GBPUSD?
  • #2,208
  • Sep 10, 2019 9:09pm Sep 10, 2019 9:09pm
Since nobody share mq4 anymore, Can anyone add magic number please? For ultron lite, pdv
  • #2,209
  • Sep 10, 2019 10:32pm Sep 10, 2019 10:32pm
Quoting jamco388
Since nobody share mq4 anymore, Can anyone add magic number please? For ultron lite, pdv
ultron lite 3.7m version support change magic number .
  • #2,210
  • Sep 11, 2019 3:31am Sep 11, 2019 3:31am
HI all

Cant get any trades on BT with ULTRON_PDV_105

Any ideas?

Thanks
  • #2,211
  • Sep 11, 2019 6:47am Sep 11, 2019 6:47am
Quoting oocat0227
{quote} ultron lite 3.7m version support change magic number .
Which post?
  • #2,212
  • Sep 15, 2019 3:46am Sep 15, 2019 3:46am
105 with settings
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 45 KB
  • #2,213
  • Sep 16, 2019 5:31am Sep 16, 2019 5:31am
Quoting suguram
105 with settings {image}
Maybe a backtest for a longer time period will convince us that those pairs EUR/USD, USD/CAD will be profitable on the long run
  • #2,214
  • Sep 16, 2019 7:39am Sep 16, 2019 7:39am
Quoting suguram
105 with settings {image}
Good results. Can you share the settings please?
  • #2,215
  • Sep 18, 2019 7:59am Sep 18, 2019 7:59am
Quoting jamco388
Since nobody share mq4 anymore, Can anyone add magic number please? For ultron lite, pdv
The magic number can be specified in the parameters for both EAs.
"Pips are vanity. Profit is sanity."
  • #2,216
  • Sep 18, 2019 8:00am Sep 18, 2019 8:00am
Quoting jcdmp
HI all Cant get any trades on BT with ULTRON_PDV_105 Any ideas? Thanks
BT?
"Pips are vanity. Profit is sanity."
  • #2,217
  • Sep 19, 2019 12:11pm Sep 19, 2019 12:11pm
Ultron can be very scary and discouraging on real accounts, i wonder why. Does anyone have great results on real account with this EA? Did anyone experience losses in the last two trades? When you start using an EA on an account for the first time and you have to go 20% down in 2 weeks.....
  • #2,218
  • Sep 20, 2019 7:37am Sep 20, 2019 7:37am
I decide to stop this ea on real account.
  • #2,219
  • Sep 20, 2019 9:18am Sep 20, 2019 9:18am
Quoting timidave
Ultron can be very scary and discouraging on real accounts, i wonder why. Does anyone have great results on real account with this EA? Did anyone experience losses in the last two trades? When you start using an EA on an account for the first time and you have to go 20% down in 2 weeks.....
Since restarting the EA on live account it has not done so well.

It has 2 wins and 3 losses so far and of course with using a 35 pip TP and 70 pip SL the loss is around -140 pips which in $ is a lot.

I must say that the last 2 losses were due to Brexit news, not at the fault of the EA. I think trading any GBP pairs right now is a bit of a gamble cos even though the EA might be correct technically any Brexit news can swing it the other way into loss like previously.

What we need to the Brexit news to move in favor of the EA so we can come back to winning.
Truth is like poetry. And most people f*cking hate poetry.
  • #2,220
  • Sep 20, 2019 9:56am Sep 20, 2019 9:56am
This advisor is not intended for short-term trading. As I wrote earlier, there are times on the market when an adviser tramples in place, and this can last more than one day or even a month! Example in the picture - the adviser stomped on the spot from May to July. You must understand that such periods are possible and you just need to wait
Attached Image (click to enlarge)
Click to Enlarge Name: ULTRON_LITE_3.7m_may_july_.gif Size: 11 KB
0 traders viewing now