ICWR Strategy and AutoTrader

what are your settings ? do u use default?
or can you provide a .set , so we could compare just changing the MM method?

Hello Manuoz,

I used default settings, since we do not know the limits, I would not change them.

I have a proposal for you, - or anyone would like to participate in the FF.

- we do a full week testing to compare "manual basket" profitability with fixed TP/SL on both standard and dare me trade.

1. I apply 3.5 ICWR on 2 Demo accounts. 0.1 lot. Always on 6 majors to compare the performance.(gbp/usd, eur/usd, usd/cad, aud/usd, usd/chf, usd/jpy)
2. All are Dare me, opened at by Auto trading before London openes.
3. On the 1st account, I use TP as 50 pips and SL as 20 pips (numbeers can be discussed. We can use also 15pips as SL and 45 pips as TP, for example).
4. On the second account, I manually close them all together, one time. After London closes.

You do:

1. You apply 3.5 ICWR on 2 Demo accounts. 0.1 lot. Always on 6 majors (gbp/usd, eur/usd, usd/cad, aud/usd, usd/chf, usd/jpy) to compare the performance.
2. All are Standard Trades, opened at by Auto trading before London openes.(or whenever you can)
3. On the 1st account, you use TP as 50 pips and SL as 20 pips (numbers can be discussed. We can use also 15pips as SL and 45 pips as TP, for example). What do you think?
4. On the second account, you manually close them all together, one time, after London closes. When you have time and feel comfortable.

After Friday we share the results here in FF , numbers gained, win/loss numbers.

Are you in? What do you think?

Perfect for me.
Will do that, so we will compare perfectly our results.

Will do tests with both SL/TP you proposed.

hi, have you backtest using the setting? can share the result?

Today is a bad day. Basket for Dare me ended -21 pip, while orders with fixed TP:50 pips and SL:20 pips all went SL, resulting -118 pip

Will continue tomorrow, my feeling is fixed SL either not working or too low..

Anyone experience on them?

I have started too at the LO, but after 10 minutes hit the SL on GBPUSD but EURUSD is in profit.....There was some news about GBP.
From now on I will start the EA with 2-3 hrs before London Open, because there are released many news in the LO.
Suggestions:
-Add a Time Session - Start Hours-End Hours
-News Filter
-Trailling Stop
I think 3.5 ICWR is having great potential.
I have a SL of 50 PIPS ( I have read the PDF)
My TP1 - I use a traillig stop.
My TP2:
* Blue Ma
Period: 5
MA Method: Linear Weighted
Apply to: Close
Shift: 0
*Gold Ma:
Period: 5
MA Method: Exponential
Apply to: Typical Price (HLC/3)
Shift: 2

Good work Palex, can you please update us the results and setting. For me, it seems low sl is not working, probably will try sl 30-40pips and tp 30-40pips from tomorrow.

Of course, Basket mode seems a much better option, I would insert that function into ICWR. is anyone still deveoloping it?

Let's fix your problems with TP.
I suggest you enter 0 TP and 0 SL in 3.5 ICWR and use this EA with my settings. You need to put this on one pair that and will take care of all trades in your MT4. The EA will auto-modify all your Open Orders, so when ICWR is opening a trade the sleeptight.ex4 will take care of the trade!Hope this helps!
EA:

Great, I will try it! Is 50 as TP and 30 as SL would you think is enough to support 6 currencies?(I always open on 6 majors).

My guess/less experience with ICRW would suggest SL 40pips and 60/80PIPS as TP.

TP - as you want (because will use Trailling stop)
SL- try 50, I must say that I never hit the SLwith 50 pips, but when I had 20 pips as SL....I was hitting the SL pretty often, because of the pullbacks.
These settings are for every trade.
The EA is not acting like a basket.

Dears,

Las week I did roughly 280 pips profit on Demo with ICWR dare me trade. All were handled as manual basket. Once I got 95pips floating loss, but in the end it resumed and I closed in 5 pips! loss.

This week, on 2 demo accounts I'm still running icwr dare me trade. On one, I still manually hand as basket them. On the other account, I use a BMulti Purpose Basket Manager, setting 0.8 % TP and 1.0% SL. So far it closed 2 in profit, but only roughly 58 pips in profit. On manual basket, 2 TPs, one at 43 and one at 30 pips.

So this week still in good profit, however Basket Manager needs some fine tune. It is a must because my goal is to run Basket Manager to deal with risks too.

Hi ahhamidz !

I'm looking for this dashboard that indicate the value of stochastic for OVB/OVS like in the first column.
Can you share it, thank you.
If someone can share this dashboard thank you.

PS. See screenshot.

Hi, about this dashboard, could somebody enhance RSI to make more settings? (open trade above 80, or below 20)
Together with stochastic could be interesting.
Regards, mftrader.

Lok the "activity" here ... this one is dead - like most of the threads here bit the dust after a more or less lasting period of damn euphoria ...

I see EAX dash thread still alive, seems that project has moved forward, most complex EA here at FF.

Nobody is still using this? Not even the Thread creator?

@pipqueen you don't use it anymore?

Hello Ahhamidz

Is this an auto trader ? If it is from where can I get it.

Thank You

What the meaning BOF n BOP?