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Free Grid EA Ikarus - From zero to hero

  • Linked: Griding For Living | Brokerage Account XXXX91 Starting Dec 31, 2025
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  • #2,721
  • Apr 29, 2025 4:44am Apr 29, 2025 4:44am
I'd like the MT5 version, please.
  • #2,722
  • May 2, 2025 12:17pm May 2, 2025 12:17pm
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Green pips 2 all of us!
  • #2,723
  • May 2, 2025 2:56pm May 2, 2025 2:56pm
Deleted. Sorry
  • #2,724
  • May 9, 2025 1:31pm May 9, 2025 1:31pm
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  • #2,725
  • May 16, 2025 2:14pm May 16, 2025 2:14pm
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  • #2,726
  • May 17, 2025 10:39am May 17, 2025 10:39am
Quoting Sanju-EA
Finally my Dream come true. After 6 year of trading journey. After Failure sever time. Finally i made a Successful Hedging Strategy EA I ask many coder in this Forexfactory to Write an EA based on my Hedging Strategy logic. Many are remain Silent and Many are Denied. They are busy to programing Garbage EA. same like old Martingale logic every time with new Fancy Color indicator. At the end i hire Freelancer Software Developer to Write my own Critical Hedging logic. Burn $500 Dollar from my pocket. $500 Dollar is a Big amount...
is this really working sanju?
  • #2,727
  • May 17, 2025 8:33pm May 17, 2025 8:33pm
Quoting T4Trade
{quote} is this really working sanju?

it will work when you know the market conditions well and have a system trading strategy.

trade-both-ways TBW (hedge) when the market is range-bound and choppy.

stop the TBW and follow the break-out direction, average-UP.

No need for that martingale stuff. Just know how to set your safety valve to limit the losses.

>>> https://www.forexfactory.com/thread/...3#post14894853

...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #2,728
  • May 19, 2025 1:35am May 19, 2025 1:35am
Quoting emmanuel7788
{quote} it will work when you know the market conditions well and have a system trading strategy. trade-both-ways TBW (hedge) when the market is range-bound and choppy. stop the TBW and follow the break-out direction, average-UP. No need for that martingale stuff. Just know how to set your safety valve to limit the losses. >>> https://www.forexfactory.com/thread/...3#post14894853 ...
Thanks Big E,
Yes martingale is a way to destruction,i do grid averaging,happy trading.
  • #2,729
  • May 23, 2025 1:17pm May 23, 2025 1:17pm
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  • #2,730
  • May 30, 2025 11:26am May 30, 2025 11:26am
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  • #2,731
  • Jun 5, 2025 5:06pm Jun 5, 2025 5:06pm
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Click to Enlarge Name: Screenshot_20250605_220402_Chrome.jpg Size: 417 KB


Currently #36 in the leaderboard for live accounts and rising, let's go Icarus! In 2025 I set myself the challenge to hit TopTen with our beloved EA starting with only 100€. So far I crashed the account twice, but with the 3. bullet I gained more than 400% in 55 days. Obviously it's my fun account, I discussed this concept at the beginning of this thread. Let's rock, cheeeeeerrrrssss!
Green pips 2 all of us!
  • #2,732
  • Jun 6, 2025 2:00pm Jun 6, 2025 2:00pm
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  • #2,733
  • Jun 8, 2025 6:46am Jun 8, 2025 6:46am
Good day! Can anyone please share a link to the latest version of the EA? I believe it is v 4.73. However, I'm unable to locate the post where the source file is available.

Thanks in advance!
  • #2,734
  • Jun 8, 2025 7:10am Jun 8, 2025 7:10am
Quoting ramassrs
Good day! Can anyone please share a link to the latest version of the EA? I believe it is v 4.73. However, I'm unable to locate the post where the source file is available. Thanks in advance!

start at page 100 ...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #2,735
  • Jun 8, 2025 7:44am Jun 8, 2025 7:44am
Quoting emmanuel7788
{quote} start at page 100 ...
Thank you very much!
  • #2,736
  • Jun 8, 2025 7:52am Jun 8, 2025 7:52am
Quoting emmanuel7788
{quote} it will work when you know the market conditions well and have a system trading strategy. trade-both-ways TBW (hedge) when the market is range-bound and choppy. stop the TBW and follow the break-out direction, average-UP. No need for that martingale stuff. Just know how to set your safety valve to limit the losses. >>> https://www.forexfactory.com/thread/...3#post14894853 ...
@Emmanuel

What do you mean with TBW?

The issue is the indicators to confirm market condition are lagging.
By the time they confirm market is up, maybe the price is already starting to reverse.
I tried to code some rules like that in the past but EA didn't performed well.
On contrary you seem to have found the secret source as your EAs curves are all looking nice with not much DD.
Agree with the safety release valve.

Cheers
  • #2,737
  • Edited 5:41am Jun 10, 2025 5:21am | Edited 5:41am
Hi! I'm using Ikarus_4.73__FlexATR version in a demo account and testing it on XAUUSD. Here are the settings in the set file ==>>

magic=504841
grid_size=200.0
gs_progression=3
gs_multiplicator=3.0
take_profit=100.0
profit_lock=0.8
min_lots=0.1
equity_warning=0.2
account_risk=1.0
useTradeCycleRisk=false
cycleEquityRisk=0.1
progression=3
lot_multiplicator=1.0
max_positions=8
max_spread=250
show_forecast=1
profit_chasing=0
both_cycle=true
hedging_active=false
grid_partially_close=4
Indicators_Settings=
Conjunct_Idx=true
Bolinger_Band=
Use_BB=true
BB_invert=false
BB_tf=0
BB_Period=20
BB_Dev=3.0
BB_Shift=0
BB_Mod=0
Stochastic_Oscullator=
Use_Stoch=true
STO_invert=false
Stoch_tf=0
Stoch_K=14
Stoch_D=5
Stoch_Slowing=3
Stoch_Method=0
Stoch_Price=0
Stoch_Shift=0
Stoch_Lower=30.0
Stoch_Upper=70.0
Relative_Strength_Index=
Use_RSI=true
RSI_invert=false
RSI_tf=0
RSI_Period=14
RSI_Lower=30.0
RSI_Upper=70.0
RSI_Shift=0
ATR_for_Grid_Size=
Use_ATR=true
ATR_tf=60
ATR_Period=21
ATR_shift=0
ATR_Multiplier=3.0
TP_Multiplier=1.0

However, the EA didnt open any position; I manually opened a BUY position. Request any of the more knowledgeable folks to review and correct any parameter if its incorrect.

Thanks in advance.

The chart time frame is M5. All indicators timeframes are set to the current i.e. M5, except the ATR setting, which is 1 hour.
  • #2,738
  • Jun 12, 2025 9:30pm Jun 12, 2025 9:30pm
Quoting MaPi
My house, my rules: NO Trolls. NO discussion of other non-related systems or topics. NO discussion of commercial materials (Brokers, Paid Products, etc). NO attacking and disrespecting other members. RULE BREAKERS WILL BE IGNORED WITHOUT NOTICE! Hello, I am trading since the year of 2000. I do use different strategies and styles, but some years ago I fall in love with grid trading. Yes, I – and hopefully you – know, it is high risk, and when you try like me to gain performance 100% + a year at some point you will always hit the doomsday drawdown...
thanks. are you still using this version?
LUCKY golden trades, LUCKY gold investor trading style
  • #2,739
  • Jun 13, 2025 3:48pm Jun 13, 2025 3:48pm
Quoting fx4money
{quote} thanks. are you still using this version?
I am using 4.72
Green pips 2 all of us!
  • #2,740
  • Jun 13, 2025 3:48pm Jun 13, 2025 3:48pm
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