Ultimate is a Success!

Yahoo!!  I’ve been at it full on – focussed -  in the lab working hard. (well mostly =)

I’m excited to report that my new ea”ULTIMATE” is 4 real.

Ulimate was designed to prosper in ALL market conditions yielding consistent, high-probability trades with low draw-down, YES!  (It doesn’t trade when the volatility is too low and I manually turn it off before high volatility news events)

Last week was its debut and Ultimate brought in 540 pips!!! I’ve made a small tweak which will improve the probabilities. Ultimate is based solely on price action and “takes small bites out of momentum moves“. Brilliant!!!  The following results are based on a demo account so it may be a bit less although I did have some technical glitches to sort out with my new vps, it turns out that you can’t use Windows Server 2008 for forex trading software because it shuts off every 12 hours. Right now I’m using 2003 64 bit.

I’ve just thrown 100$ into a micro-account and turned on the ea. Updates to come.

(This was on a mini account so each dollar represents a pip. The last trade doesn’t count though because I loaded my new version and forgot to change it from a standard lot to a mini-lot).