Solo gli utenti che hanno acquistato o noleggiato il prodotto possono lasciare commenti
BLAKE STEVEN RODGER  
Saeed Al Junaibi #:
Hi Blake,
I'm looking to buy the UTS, however I want to know if it can solve my problem.
I do trades that usually go anywhere from same day to 2 weeks to close.
Going over a single day will trigger the market close spread price widening.

My broker can increase spread up to 40 pips which will probably trigger my stop loss target at even a greater loss.
How can I combat this with UTS?

Regards,
Saeed

Hi Saeed, 

You raise an interesting dilemma. Spread widening over the weekend of 40 pips can knock you out and there is currently nothing in UTS that can prevent this from happening. 

It is possible that I can add an input in UTS that allows for the increase of the SL to match the widening. 

Imagine the following input: 

Match spread widening after X pips = 5; 

Now, when you have a 40 pip SL and the broker widens that instrument to 40 pips (35 pips beyond your max threshold), it will then increase your SL from 40 to 75 (40+35). 

Would that work for you? 


BLAKE STEVEN RODGER  
Max #:

Hello Blake,

just trying this recently, getting to grips with extensive production features,

I know the Threshold function is kind of taking this to a better level, but one thing that strikes me, would it be possible to default all trades unchecked/deselected on the visual panel, or give option in settings to start up with trades unchecked, or new trades unchecked? This would be helpful running one instance to manage a broad basket of various trades.

Also can you make the visual handles on each trade always appear? The partial close function from the visual handle is great!

And possibly, a section on the panel to partial close a total basket grouped by magic or comment.

Sorry I didn't see this comment when it was posted. 

Yes, you can start up UTS with trades unchecked and/or new trades unchecked. 

The inputs you want for this are: 

Auto-activate trail on open controlled trades = true; // if you set this to false the open controlled trades will not be checked
Auto-activate trail on new controlled trades = true; // if you set this to false the new controllled trades will not be checked


As for your additional two ideas:
"Also can you make the visual handles on each trade always appear? The partial close function from the visual handle is great!
And possibly, a section on the panel to partial close a total basket grouped by magic or comment." 

Can you please do a rough mockup of what you would like to appear on the panel? 

BLAKE STEVEN RODGER  
Max #:
Hey Blake, sorry you didn’t reply my last comment, was it too stupid or something??

I still think the Check Box would be optional to SELECT certain trades, as well as DESELECT as is current default.

Also could you add Super-Trend stop loss? eg:
It is better than simple ATR, and/or use ADR instead of ATR. (polar atr)


Hi Max, 

I did get around to answering your post, in the comment earlier. It was not stupid; my eyes must have missed it at the time. 

Good idea about the Super-Trend stop loss and the ADR element of ATR. I will test with these ideas and let you know what I come up with. Thanks. 

Zi Feng Guo  
I bought the mt4 version, is it possible to get the mt5 version for free
BLAKE STEVEN RODGER  
xflove #:
I bought the mt4 version, is it possible to get the mt5 version for free

No, but I can give you the MT5 version for free for a few weeks, so you can try it out. 

If you like it, I can give you a 25% discount because of your purchase of MT4 version, if you contact me via telegram @blakerodger

Adeoluwa Okunade  

Hi Blake,

I noticed on the v2.73 update that the little display that tracks the trades and allows you to close percentages of trades by clicking on the chart is no longer available. Can you bring this back please. This was a big help with closing percentage of trade quickly. The screenshot is from v2.7



BLAKE STEVEN RODGER  
Adeoluwa Okunade #:

Hi Blake,

I noticed on the v2.73 update that the little display that tracks the trades and allows you to close percentages of trades by clicking on the chart is no longer available. Can you bring this back please. This was a big help with closing percentage of trade quickly. The screenshot is from v2.7



Thanks Adeoluwa for letting me know about this lost feature. It wasn't intential. I will try to restore it and let you know. 

BLAKE STEVEN RODGER  
Adeoluwa Okunade #:

Hi Blake,

I noticed on the v2.73 update that the little display that tracks the trades and allows you to close percentages of trades by clicking on the chart is no longer available. Can you bring this back please. This was a big help with closing percentage of trade quickly. The screenshot is from v2.7



Ok, in v2.74, just now uploaded, that tracking and closing element has been re-instated. 

Adeoluwa Okunade  
BLAKE STEVEN RODGER #:

Ok, in v2.74, just now uploaded, that tracking and closing element has been re-instated. 

Thanks mate
Oluwasegun Gbadebo Fanegan  

Good day Mr Blake,

Great work on the UTS EA. I was just wondering is it possible to have the Adjusted BE and (or) BE trail as well? I think this will further mitigate losses or improve profit as the case may be.

BLAKE STEVEN RODGER  
fanegano #:

Good day Mr Blake,

Great work on the UTS EA. I was just wondering is it possible to have the Adjusted BE and (or) BE trail as well? I think this will further mitigate losses or improve profit as the case may be.

Can you please give me an example of what you mean by adjusted BE, or BE that can be trailed? 

Here is an interesting workaround. 

Imagine that you want to be BE at 20 pips, and you also want to start trailing from there (and the following example doesn't even require the BE inputs to be used): 

You could use: 
Trailing Method=Fixed Distance in Pips
Threshold in Pips = 20; 
Fixed Distance in Pips = 20; 

In this case, when the market reaches 20 pips in profit, your SL would be at BE.
Moreover, if it goes up 1, 2, 5 or more pips, then you would be protected by 1, 2, 5 or more pips, as the fixed distance in pips trails the close by x (20) pips. If market were to go up 40 pips in profit, you would have protected 20 pips of profit. 

Eenjamin L Jarvie  

Hi Blake - firstly thanks for the great product and your dedication to forever setting out to improve this trade manager.


I have a request or would like to know if its possible to execute this.


Lets say currently i have 6 open positions going short on SNP500 as i do currently which has me in a updraw on my account of 3%.


I didnt have the trailing setup so i bolt the EA onto the chart as a after thought (stupid me)


Question is it possible to manage 50% of option exposure with one trailing method and 50% with another in the off chance it keeps me in the game for longer?


Question 2 - after dedicating as much time as you have to this trailing method what are your own observations as to the best trailing method for a intraday trader of the SNP?


Thanks in advance.


Kind Regards,


B Jarvie - Australia

BLAKE STEVEN RODGER  
Hi Jarvie, 

Question 1: Yes, you can manage half your open positions with one UTS configuration and the other half with another UTS configurations. You just have to be mindful of the following rules: 

1) Have two different chart instances of UTS.

2) Indicate a different preference ID for each UTS configuration. It could be anything, such as Preference ID=SNP5001, and Preference ID=SNP5002. This will avoid the issue of flipping SL back and forth between the two UTS instances. 

3) Control the SNP500 trades with different filters, either comment or magic filters, whatever makes the most sense. If these are manual trades, I can send you a script that you can use to tag your manual trades with magic numbers, so that they can be properly differentiated by each UTS instance. 

You don't need to have SNP500 charts to be open for the UTS configuration to work; it might only help to have the SNP500 chart open for you to see how the configuration works on that chart. Likewise for timeframe. 

Question 2: If you are using an EA to trade SNP500, you can run a strategy tester report on it and backtest that strategy report with your different UTS trailing stop configurations, as described in this blog: 
https://www.mql5.com/en/blogs/post/750996

If these are manual trades, it is harder to decide on the best trailing stop; one would have to use trial and error. 

For myself, on my own SNP500 trades, I use the Chandelier Exit on M15, and I am attaching the .set file to this response. 

henryw9119  
Hi I’ve purchased your EA, just wondered if you have a strategy for fast scalping, or when a pair is over extended and trade executes on the pullback. Usually trade is closed within 5 mins.

Many thanks 
Carolina Livio  

Hello,

I just rented the UTS EA and am really looking forward to using the ATR Exit function.  I am testing it on a Demo account, and cannot get it to work.

SL Type: Real Full

Touch

Choose Pips or ATR for Threshold... I don't know what this means.

ATR Timeframe - current

ATR period - I'm planning on changing the parameters from default, do I need to change this both here and in the indicator section below?

Threshold in ratio - if set to true, is this the ATR factor I am planning on using?

So, I am not sure I have the beginning settings correct.

Here is what I did:

I changed the ATR period, I set Threshold ratio to true and changed the Threshold.  For example, ATR period 20 and Threshold 1.9

I also changed the ATR parameters in the indicator section.

I downloaded the ATR Exit indicator and changed Apply Indicator Template to True.  I put Show Channel to False, as I like how it looks better.

On one chart, I took a practice trade.

On a separate chart I attached the EA with the parameters.

The EA seems to connect to the trade.  I can see the indicator and the colored lines on the chart.  As the trade progressed, the ATR Exit indicator moves, but the stop loss does not move.  (I waited a while, and it did look like the stop loss was moved at one point... but it did not trail the stop loss at the close of each bar).

I feel this is a Threshold issue, since I don't know if I have it set up right.

Here is what I want:

I want to be able to place one or multiple trades on the same currency pair on one chart.  I want to have the UTS EA running on a separate chart, and trail the stop for the trade or both trades.  I only trade one currency pair at a time, so it is not necessary to distinguish between currency pairs.

Please advise.

Eenjamin L Jarvie  

Hi Blake, i noticed quiet a few people are asking what im about to ask which his how to clearly set manage all trades.

I just wanted to share what the settings look like for another trade manager ive been using for many years Just a idea to make it more user friendly and cut the need for you to support a common query.

Screenshot attached 

Eenjamin L Jarvie  
Eenjamin L Jarvie #:

Hi Blake, i noticed quiet a few people are asking what im about to ask which his how to clearly set manage all trades.

I just wanted to share what the settings look like for another trade manager ive been using for many years Just a idea to make it more user friendly and cut the need for you to support a common query.

Screenshot attached 


I have trades landing on Nas100, Ger30 and US30 from another EA that are landing with a preset SL and TP in place.

If i want this ea to manage the positions do i need to have 3 dedicated charts and installs of the EA?

Earlier this year you sent me a preset for 15 M tf using Chandelier Exit on M15 - Is this still your Go to for US indices? Out of curiosity what is your preferred method of trading so i can gauge what method of trading made this config suitable. Im looking to use this on a mean reversion system on 1 min charts with average trade durate between 15 mins to 120 minutes. Would you recommend the Chandelier Exit being reduced to a smaller TF to accommodate trading on a smaller TF ?

Its been a long road but i've been coding up a few things using various data sets on Trading view for quiet some time now & finally linked this to Pineconnector to pump the trades into Mt4.




Thanks for your help brother.

spacechicken  
Hi Blake,

I have bought your product to do a trailing stop for XAUUSD. So when the trade is in profit I just want it to trail 0.50c (I think that's 5 pips. You have a heap of settings. Can you just let me know the simple set up for this please - thanks!
Max  
BLAKE STEVEN RODGER #:

Sorry I didn't see this comment when it was posted. 

Yes, you can start up UTS with trades unchecked and/or new trades unchecked. 

The inputs you want for this are: 

Auto-activate trail on open controlled trades = true; // if you set this to false the open controlled trades will not be checked
Auto-activate trail on new controlled trades = true; // if you set this to false the new controllled trades will not be checked


As for your additional two ideas:
"Also can you make the visual handles on each trade always appear? The partial close function from the visual handle is great!
And possibly, a section on the panel to partial close a total basket grouped by magic or comment." 

Can you please do a rough mockup of what you would like to appear on the panel? 

Brilliant now I see, works well, I didn’t see those settings for some reason before.

I think ADR gives a reliable picture over the longer term but one still has to be familiar with longer term use, and ATR is almost the same.

For the ATR channel/tsl line, is there an indicator?

Super trend with bar close sl mostly, and bar touch on reversals is something I wanted to utilise!

Just nit picking it doesn’t like ordering by a particular column apart from ticket number.

Anyway this is great now I can use it, brilliant manager EA tool.
BLAKE STEVEN RODGER  
Max #:
Brilliant now I see, works well, I didn’t see those settings for some reason before.

I think ADR gives a reliable picture over the longer term but one still has to be familiar with longer term use, and ATR is almost the same.

For the ATR channel/tsl line, is there an indicator?

Super trend with bar close sl mostly, and bar touch on reversals is something I wanted to utilise!

Just nit picking it doesn’t like ordering by a particular column apart from ticket number.

Anyway this is great now I can use it, brilliant manager EA tool.

Yes, the ATR Exit indicator is here: 

I can see about implementing the Super Trend as another trailing stop. 

As for the sorting, you should be able to sort by any column. Maybe you are using an older version. Please update to the latest version, 1.85, and test out the sorting of any column. 

Solo gli utenti che hanno acquistato o noleggiato il prodotto possono lasciare commenti