Just an opinion. Based on research 
Free Grid EA Ikarus - From zero to hero
- #144
- Apr 4, 2021 11:51am Apr 4, 2021 11:51am
- Joined Sep 2008 | Status: Verry good | 1,267 Posts
Just an opinion. Based on research
- #146
- Apr 4, 2021 12:37pm Apr 4, 2021 12:37pm
- Joined Nov 2019 | Status: Trader | 1,121 Posts
As so many grid-trading EAs this one likes to crash in the corona months 02/03-2020. Find settings that survive these days... then you might be on the safe side. Though there are sometimes moments (like two weeks ago) that do not look that dangerous but due to lack of oscillation easily blow the account.
Highlighted: corona crash
- #147
- Apr 4, 2021 1:14pm Apr 4, 2021 1:14pm
- Joined Nov 2019 | Status: Trader | 1,121 Posts
Change of settings: increased the number of open orders to 21. Now it "just" crashes from end of May to July 2020.
- #148
- Edited 3:44pm Apr 4, 2021 2:00pm | Edited 3:44pm
Here's how I test, I put 100k USD in the backtest, 0.2 spread (as per my ECN account), fixed 0.01 lot. What I look for is the maximal drawdown to know how much money this EA needs for a 0.01.
I test each year separately.
Default settings, no set file.
2018 to keep the account alive, i wouldve needed at least 2200$ with minimal profits:
2019 for an account of 200$, I would've made 622$:
2020 to keep the account alive in that year, you need just above 2400$ with about under 600$
2021, not much to say so far about this year
I'll edit this post to add more years as they are done.
I test each year separately.
Default settings, no set file.
2018 to keep the account alive, i wouldve needed at least 2200$ with minimal profits:
2019 for an account of 200$, I would've made 622$:
2020 to keep the account alive in that year, you need just above 2400$ with about under 600$
2021, not much to say so far about this year
I'll edit this post to add more years as they are done.
- #151
- Apr 4, 2021 2:58pm Apr 4, 2021 2:58pm
- Joined Nov 2019 | Status: Trader | 1,121 Posts
Here's how I test, I put 100k USD in the backtest, 0.2 spread (as per my ECN account), fixed 0.01 lot. What I look for is the maximal drawdown to know how much money this EA needs for a 0.01.
Anyway, I added the basket TP in the code and set it to 50 Euro. Noting that the EA got stuck between Hi/Lo in July 2020. Started with 10000 Euro, January 2019.
At least it survived with about 850 Euro max. DD.
Difficult though to simulate my trading rules: trade beween 5:00AM GMT and 15:00PM GMT. No overnight and no open trades over the weekend. Will see on demo account this week.
- #152
- Apr 4, 2021 3:02pm Apr 4, 2021 3:02pm
{quote} I am using the default of version 2.1
“The waiting is the hardest part” Tom Petty
- #153
- Apr 4, 2021 3:14pm Apr 4, 2021 3:14pm
- Joined Nov 2019 | Status: Trader | 1,121 Posts
The default settings in 2.0 are very different.
{quote} Yes, I saw that in your strategy report. That’s why I mentioned it. The default settings in 2.0 are very different.
!The settings in 2.0 are more conservative with a bigger grid distance and take profit...
Green pips 2 all of us!
{quote} Yep. Out of my head the 5 3 8 3 0.34 settings in version 2.1 are the ones I traded when beeing active on this version in USDJPY. Most likely they poped up when the code have been updated here, AGAIN THX TO THE CODER
Do you use different settings for different pairs? Can we have a lit please so i can properly backtest
{quote} If these are the best settings, they should be the default in your next version. Do you use different settings for different pairs? Can we have a lit please so i can properly backtest
Green pips 2 all of us!