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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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  • #101
  • Apr 1, 2021 10:48pm Apr 1, 2021 10:48pm
Quoting youbantwa
{quote} sir, can you guide me for using ATR AUTOMATIC LOT MANAGEMENT FUNCTION / sir , I am new
The role of ATR as a normal method is to set the loss cut position.
Since the lot size is determined from the amount of funds for the loss cut position, the normal method cannot be used.
A possible method is to multiply the long ATR value by a certain coefficient.
You have to look for that factor with careful testing. To increase the lot of hedge positions like martingale.

Alternatively, the total lot size for the amount of funds can be calculated from the loss cut position used in this logic and subtracted.
  • #102
  • Apr 2, 2021 3:43am Apr 2, 2021 3:43am
Greetings @mapi,

It would be better to check for available margin before sending an order request , I did some stress test from Wednesday and my account was blocked due to a huge amount of requests to the server. NOTE: they were failed requests.
Attached Image (click to enlarge)
Click to Enlarge Name: account block error.png Size: 53 KB
Ride profits long and cut losses short...
  • #103
  • Apr 2, 2021 8:59am Apr 2, 2021 8:59am
Quoting Annonymus
Greetings @mapi, It would be better to check for available margin before sending an order request , I did some stress test from Wednesday and my account was blocked due to a huge amount of requests to the server. NOTE: they were failed requests. {image}
Hi, thanks for the hint.

In reality on my account I always was in alert mode when close or in MC, so I did not have this problem. Anyhow, will take it on our wish list, thanks for reporting.
Green pips 2 all of us!
  • #104
  • Apr 2, 2021 8:59am Apr 2, 2021 8:59am
Hi Mapi,
can you explain me why you open both buy and sell and not just one of the two positions? By opening both at the same time, you lose the possibility of going into profit already with the first position.

Thanks
  • #105
  • Apr 2, 2021 9:05am Apr 2, 2021 9:05am
Quoting Ironshirow
Hi Mapi, can you explain me why you open both buy and sell and not just one of the two positions? By opening both at the same time, you lose the possibility of going into profit already with the first position. Thanks
Hi, this is the logic on this version, it plays both cycles separately and ongoing. As you can see in earlier posts some like this more, others don't.

The beta version on my real account is not opening both cycles at the same time because of indicators are involved. On the wish list I will putca version where you can choose between both options...
Green pips 2 all of us!
  • #106
  • Apr 2, 2021 10:35am Apr 2, 2021 10:35am
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...
Hi Mapi,
Thanks for the EA. Could you please tell me on what criteria the EA closes the cycle? How take profit parameter is used?
Regards,
Vijai
  • #107
  • Apr 2, 2021 1:01pm Apr 2, 2021 1:01pm
Hi Sir, thx a lot for your EA. I really appreciade. I am testing, so fari ts working well in Nonfarm condition on EU ;-)
I noticed that EA sometimes close one o more position and directly open a new one in the same directon. I understand his point of view...but

maybe it would be a nice feature: stay with a position of same lotsize;direction, if a open one is more closer then xx pips....
And another idea was, open the possibility to give different parameters like "gridsize" for long and short seperated.. so you could take advantege from a trend with definable risk...

Hope i could explain myself,... again, thank you very much, have a great weekend everybody!!
  • #108
  • Apr 2, 2021 2:04pm Apr 2, 2021 2:04pm
Good afternoon MaPi
I am testing the EA Ikarus on active US30 with 50 pips grid (5000) and 100 pips grid (10000) I would like to ask a question that seems pertinent to me.

EA Ikarus will place orders for sell limit and buy limit according to the size of the grid.

Why don't we have a system together, placing pending BUY STOP AND SELL STOP orders to take advantage of the direction the price is going?
The system would be the same ... thankful
  • #109
  • Apr 2, 2021 4:10pm Apr 2, 2021 4:10pm
Happy Easter,

I will answer your post latest on Tuesday

Cheers
Green pips 2 all of us!
  • #110
  • Edited 7:56pm Apr 2, 2021 7:27pm | Edited 7:56pm
Quoting MaPi
{quote} At the moment I am doing this on my live account like this: 1K --> 2K (1K are taken out of the account) 1K --> 3K (1K are taken out of the account) 2K --> 5K (2K are taken out of the account) At the moment I am 740 € away from this step 3K --> 8K (3K are taken out of the account) LoL, gues you found out allready I am a big fan of fibonacci numbers
what a bummer I`m not allowed to write about my favourite gridding system lol......
what I do have is a brilliant idea.....suppose you get to 8k, you take out 3k and you leave 5k.....its still not very nice to lose that kind of money is it???......why not have several accounts with 1k each and trade instruments on it, which are not correlated?....so get to 3k, take out 1k to pamper your girl, leave 1k and 1k to a new account and ready to roll again......brilliant if I say so myself.......
better to lose 1k than 2k or 5k or ?k........
  • #111
  • Apr 2, 2021 9:01pm Apr 2, 2021 9:01pm
Hi MaPi,

I am not realized how to do ACCOUNT RISK CONTROL in this EA.
I checked the mq4 file, the robot perform risk control at the beginning of Robot(), which depends on the condition:
if(((100-(100*account_risk))/100)*AccountBalance()>AccountEquity()) {
stopAll=1;
}
However, ((100-(100*account_risk))/100)*AccountBalance()>AccountEquity() is always
false, when account_risk=1.0. That is, Account Risk Control never take place.

Regards,
T.C. Liang
  • #112
  • Apr 2, 2021 11:19pm Apr 2, 2021 11:19pm
hi Mr. Liang,
you are right, account risk control never takes place when account_risk=1.0....
this means at this setting, you are risking your whole account.......
  • #113
  • Apr 3, 2021 12:55am Apr 3, 2021 12:55am
Quoting Annonymus
Greetings @mapi, It would be better to check for available margin before sending an order request , I did some stress test from Wednesday and my account was blocked due to a huge amount of requests to the server. NOTE: they were failed requests. {image}

Did you check with their customer support helpdesk?

Most likely you have reached the maximum 200 orders limit for your account type.

Attached Image (click to enlarge)
Click to Enlarge Name: ICMarkets Imporatnt Note 200 orders.png Size: 10 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #114
  • Apr 3, 2021 1:25am Apr 3, 2021 1:25am
Quoting yonnie
hi Mr. Liang, you are right, account risk control never takes place when account_risk=1.0.... this means at this setting, you are risking your whole account.......
To make Account Risk Control effective, the external variable account_risk should be set to 0.01 but 1.0, if you are not going to modify the source code of the EA to:
if(((100-account_risk)/100)*AccountBalance()>AccountEquity())
{
stopAll=1;
}
  • #115
  • Apr 3, 2021 5:26am Apr 3, 2021 5:26am
Quoting emmanuel7788
{quote} Did you check with their customer support helpdesk? Most likely you have reached the maximum 200 orders limit for your account type. {image}
The available margin was insufficient hence the endless loop of retries, the trades count was within the allowed count by the broker.
Ride profits long and cut losses short...
  • #116
  • Apr 3, 2021 5:37am Apr 3, 2021 5:37am
great! hope you don't mind I put it for tick backtesting though it is not trustworthy


  • #117
  • Apr 3, 2021 5:47am Apr 3, 2021 5:47am
Quoting MaPi
{quote} Hi Fabio, I never have tried this. But if the first order has the sane magic number than the on in the EA, it maybe could work...Have a try and let us know, Cheers
Thank you for your reply, could you add a bool like
WaitForTrade
If true waits for a external trade to be open
False trades as per ea logic
  • #118
  • Apr 3, 2021 8:29am Apr 3, 2021 8:29am
Quoting MaPi
want to discuss
EA and set-file from the 1st post
EU 2015-2021
Attached Image (click to enlarge)
Click to Enlarge Name: TesterGraph.gif Size: 23 KB
Just an opinion. Based on research
  • #119
  • Edited 10:49am Apr 3, 2021 10:17am | Edited 10:49am
I warmly welcome. Ea is very good. flashpaul Can you insert on the HK50 ?
  • #120
  • Apr 3, 2021 11:28am Apr 3, 2021 11:28am
Quoting MaPi
{quote} Hi and welcome on board, What kind of adjustments have you done for the first test? Cheers
I will explain further after some more tests. I got my developer on it. In those tests there was no hedging going on, so what you see in my last post is all closed positions and no negative P/L hanging around.

It seems to survive most normal conditions through out the years, but have problems with situations like the impact of Corona. That’s where a ”safety net” has to be applied, e.g. begin hedging. The rest of 2020 showed a profit of approx 800 % (through backtest data), without any increase in lot size

BR,
Mr. Bank
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