Hello sir

do you deliver the ea with the propers sets?

does it works for mt5 robo forex broker?

can u updated the ea and attach it all the sets and modifications that users have put here that works well 

thank you so much  

Hello Sir,

All the sets neeed are on my blog pages http://rptrade.blogspot.com/2013/10/universal-trader.html.

The demo version is downloadable on the Mt5 Market.

You can see how to download the demo version here :  http://rptrade.blogspot.com/2013/10/comment-faire-fonctionner-un-robot-sur.html

If you want I can calculate  a .set for roboforex.

Best regards.

R. 

I am interested in this EA. So downloaded and ran a back test for USDJPY from 2012.1.1 to 2013.1.1 using the following settings. Started with $3000 and ending with $1432.45 USD. Please see the attachment graph file.

========================================================== 

EAName=UniversalTrader

IsMicroAccount=true||false||0||true||Y

Time_Management=Time management, sets start ans stop time to allow trading

UseTradingTime=true||false||0||true||N

TradingTimeStart=7||7||1||70||N

TradingTimeEnd=17||17||1||170||N

Risk_And_Money=Settings for money and risk management

MaxVolumePosition=50.00000000||50.00000000||5.000000||500.000000||N

MaximumPercentageatRisk=50.00000000||10||5.000000||90||Y

UseLotManagement=true||false||0||true||Y

LotManagementType=1||1||1||10||Y

ReductionFactor=1.00000000||1.00000000||0.100000||10.000000||N

DecreaseLotAfterLoss=20.00000000||20.00000000||2.000000||200.000000||N

LotPerTrade=.5||50.00000000||5.000000||500.000000||Y

TakeProfit=230.00000000||230.00000000||23.000000||2300.000000||N

StopLoss=80.00000000||80.00000000||8.000000||800.000000||N

TrailingStop=230.00000000||230.00000000||23.000000||2300.000000||N

MagicNumberLong=6658641||6658641||1||66586410||N

MagicNumberShort=4167090||4167090||1||41670900||N

SuperTrend=SuperTrend parameters adjustments

cci=45.00000000||20||1||80||Y

atr=23.00000000||1||1||25||Y

ccilevel=0.00000000||0.00000000||1||10||Y

atrlevel=2.00000000||1||1||10||Y

Parabolic_SAR=Parabolic SAR parameters adjustments

SARP=0.006||0.001||0.001||0.1||Y

SARS=0.09000000||0.01||0.01||0.1||Y

BreakEven=You can set additional TP and SL, in percentage: Take=1.1 -> TP @ 10% ; Take = 2 -> TP @ 100% ; same for Stop -> SL

UseTakeAndStop=false||false||0||true||N

Take=200.00000000||200.00000000||20.000000||2000.000000||N

Stop=200.00000000||200.00000000||20.000000||2000.000000||N

====================================================================

 I also tried your 

UTV1.2

USDJPY : M30 max gain 

setting file (from http://rptrade.blogspot.com/2013/10/universal-trader.html) with only one modification (lot per trade to 0.5). I have to reduce the lot size as it was not making any trades with original settings (probably because my account was $3000 USD with 1:33 leverage) showed similar results -graph going down.

It looks like a good EA but does it survive all market conditions? What is the longest forward testing period for this? Would you recommend any specific settings for the period between 2012.1.1 to 2013.1.1 for an account with $3000 deposit with a levarage of 1:33? 

Hi Showup,

As it's written on the blog page, the .sets are made for year 2013. So using the .set for a different period may give bad results. (as you could see:))

If you want the EA to show good results from 2012 to now, it must be optimized this way.

Anyway, I recommend to optimize it quite often as the markets behaviors are changing fast.

In my opinion, it's better to optimize it every 2 or 3 months  to fit the market instead of checking if it can run from a long time to now because, the more "adaptable" it will be on along period, the less it will win now.

Regards.

R. 

Hi showup,

Here is an other answer form a good friend (and customer) of mine.

Hi, I see showup has a question.

I made a set that may satisfy him.

3k 1:33 leverage optimized 01012013 to today on metaquotes. 30% risk, draw down 30 -34 % Return 1.385M

Attached.

Regards

Adrian 

Please, find the Set attached.

R. 

Waw the setting file yielded a balance of 27,384.53 for the same time period. Here is the result. There is no doubt that the EA is good but emphasis that it need frequent optimization.

Would you mind pointing me in a direction which explains  in a step by step manner the process of optimization in mql5? Also, all the parameters need optimization or would you recommend specific set of parameters optimizing which would take care of the issue.  Thanks, Showup

Hi ShowUp,

First, you can check this: https://www.mql5.com/en/articles/286 for general purposes.

Then you can see on my blog the detailed entries of UniveralTrader: http://rptrade.blogspot.com/2013/10/universal-trader-v12-description-des.html

 If you need additional information I will try to find some time to build a special page on my blog.

Regards.

R. 

Hi Remi, the link you posted in this page are very useful, I suggest you to put them in the overview, so it'll be easier for everyone to find them.

This EA seems to be very dependent from the settings, the problem is that different period need different setting to be profitable, but how can you predict the setting that will be profitable for the next 2 months? I don't think it's really possible to predict the settings. What we CAN do is to find the best settings for the last 2-3-6 months and then hope that they are good for the next months.

To validate this assumpion (we are traders, we can't just hope! We BT!) we need to:

-optimize from 1st January 2013 to 1st March 2013 (2 months) -> Than check the profitability of next months

-optimize from 1st January 2013 to 1st June 2013 (6 months) -> Than check the profitability of next months 

 Because optimization is a pain, I'm looking for people willing to help in this task. If we can prove that good settings for past months lead to good profit for the next months, we all win.

Btw, I think Remi did a good job in this EA.

Here to help

Best Regards

J. 

Hi, I worked a little bit the last days on this EA, as I promised I'm sharing my results.

Assumption, from now on keep in mind that:

1. I'm working with Alpari UK history, so all the results are valid for Alpari
2. Starting deposit it's always 1.000$
3. MaximumPercentageatRisk is always at 20
4. IsMicroAccount is always set to false
5. TimeFrame is always M30

The problem is that you have to guess the settings, because they change in different period. So I thought: lets optimize the EA for the period 2013.01.01 - 2013.06.01. See here the incredible results! Starting from 1K it gained 84k!

So, now it's time to test the SAME SETTINGS as above on the period 2013.06.01 - 2013.10.22. (Forward testing) Here the results:

 As you can see the EA didn't gain as before... Starting from 1K it yeld 2K. (you can see that it burned half of your poket from 25 to 47). The results are really different (so sad...)

I tried with a different optimization (less favorable than the previous one) of the period 2013.01.01 - 2013.06.01. And the results are 1K to 8k.

This is a good result, although it is still NOT comparable to that of the previous 6 months. The problem is that there is NO correlation between previous and following months settings.

For example I optimized the period 2013.01.01 - 2013.02.28. x5 in 2 moths, good!

 But if you tested on the following months you would lose all your money...

 Conclusion

I don't think this EA is solid. The settings are too (really too) many to just "guess them". If you find a way to guess them I'm here to hear. The results of my studies tell me that there is no (or few) correlation between the settings of surrounding period. So the settings that now yeld to 1M, tomorrow can half your money, or double them; it's quite random.

I'm really sorry to say that, I liked this EA very much. I hope to be wrong, and if I am, please correct me!

Here to help

Best regards 

J. 

Hi Johntiror,

Waow, You spend some time doing this.  

What you did could have been very constructive for everyone if we have made it together with shared data and validation steps. That could have generated a new improved version, for example.

You know, it's very easy to destroy things in a minute, personally I'm building things, it takes a long time and it's a big everyday work. 

If you are here to help, could you just help someone else please ? 

Thanks.

R. 

I was thinking about build a group of traders to find together a solid settings base for this EA. The problem is that I didn't really liked the result I got, and I'm sorry for this. I know that you worked a lot on this EA and I don't want to destroy your work. If anyone can prove that I'm wrong I'll very happy to admit my errors. 

What I suggest is to find a subset of settings that do not influence the result that much, and try to understand what is the really meaning of the more important ones.

Have a good day

J. 

Hi,

I would be happy to join this group!

What I have found is that this bot is great. Optimize for a few months with forward test (in tester) and it performs well.

If you optimize, then try to manually make work, there's too many combinations. It's a tricky bot that needs to be optimized, then left to run.

I like this bot and think it has great potential it just needs optimization for few months, then run for few months, then re-optimization, as market is ever changing.

Great bot though, I am making NET profit,

Stick together and we make it better!!

Thanks Remi.

Stefan

Hi Stefan, how many months did you optimized? Are you doing NET profit in real? Can you share your results?

Can you share your optimization? Thanks in advance 

Hi, I finally found 30 minutes to answer to Johntiror:

Assumption, from now on keep in mind that:

1. I'm working with Alpari UK history, so all the results are valid for Alpari
2. Starting deposit it's always 500$ (and not 1000$)
3. MaximumPercentageatRisk is always at 50
4. IsMicroAccount is always set to false
5. TimeFrame is always M30
6. You can also check the dates on the chart to be sure it's pure and only truth.

There are absolutely no problem and no optimization to do.

 2013.01.01 - 2013.06.01. See here the incredible results! Starting from 500$ it gained 700K!

So, now it's time to test the SAME SETTINGS as above on the period 2013.06.01 - 2013.10.22. (Forward testing) Here the results:

 As you can see the EA didn't still earn even if it's a bit less.

Still with the same .set, here is the period 2013.01.01 - 2013.02.28.160K (x320) 2 months, good!

And if you test on the following months you would earn plenty of money...

 Conclusion

I just made this to definitely establish the truth.

It's very easy to make fake optimizations and throw graphics in public place.

But it's more easy to simply download a good  .set on my blog and watch the results at ANY period.

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