Independent Long and Short Systems Using the UltraFatl Indicator

Summary

The document describes an Expert Advisor built from two parallel trading systems using signals from the UltraFatl indicator. Inputs prefixed for long trades and short trades are configured separately, including distinct magic numbers, position sizing settings, and switches to allow or disable entries and exits. Because the two systems are independent, the guidance is to assess each side separately before running them together; their settings may differ to reflect market asymmetry.

The document says the required compiled indicator must be installed in the platform’s indicator directory. It refers to GBPJPY on a 12-hour chart over 2017 and to examples comparing symmetric and asymmetric settings. However, it gives no numerical performance statistics in the text. The cited tests used default Expert Advisor inputs and omitted stop loss and take profit, so they do not establish robustness or show how the system behaves with risk controls or other markets and periods.

Key ideas

• Long and short trades use separate parameters and magic numbers, allowing each system to operate independently.
• Position sizing and permission switches can be set separately for each direction.
• The document recommends evaluating each side on its own before enabling both systems.
• The reported test context is GBPJPY on a 12-hour chart during 2017, with default inputs and no stop loss or take profit.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.