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Free Grid EA Ikarus - From zero to hero

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  • #481
  • Apr 28, 2021 6:15am Apr 28, 2021 6:15am
Quoting TeChaoLiang
{quote} What are you going to do when the price reaches a certain specific value? If you want the EA start to run at this value, you can set an alert on your MT4 terminal, when the price reaches the given value, give a notification to your smart phone and you can start the EA to run. If you want to achieve the highest possible profit, you should set the Profit Lock to a higher value, for example, 0.8. You have to set an appropriate grid size by dividing the range of swinging into few segments. As long as the market is still in ranging, you earn...
I guess I wrote it incomprehensibly. I will give an example. The current price on USDJPY is 108,921. Analyzes have shown that the price will sooner or later reach, for example, 109,194. I want to run EA immediately. Only long. If the price flies in my direction, I'm satisfied. If the price reaches 109,194 EA, I will stop and remove all USDJPY trades. If the price falls in the opposite direction, then based on the analysis, I decided that it would only be temporary and the price would return and reach 109,194.
Please excuse the bad English via Google Translate.
  • #482
  • Apr 28, 2021 10:07am Apr 28, 2021 10:07am
Hi my friend, this is the result of my improvement in the blogger EA Ikarus. It has not been completed because of other reasons. I can’t make corrections and modify the source code every day. After some time I will publish the open source MP Thank you @MaPI for providing the open source
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  • #483
  • Apr 28, 2021 11:16pm Apr 28, 2021 11:16pm
Quoting dokopy
{quote}I will give an example. The current price on USDJPY is 108,921. Analyzes have shown that the price will sooner or later reach, for example, 109,194. I want to run EA immediately. Only long. If the price flies in my direction, I'm satisfied. If the price reaches 109,194 EA, I will stop and remove all USDJPY trades. If the price falls in the opposite direction, then based on the analysis, I decided that it would only be temporary and the price would return and reach 109,194.
If as you mentioned so, it seems that you don't have to employ any EA to achieve your goal.
You can just put a market order for buy and set the TP at the price 109,194. The lots of the buy order depending on how much your account can hold on when the price falls in the opposite direction. You even do not have to set a SL, if your account can hold on the temporarily lose, soon or later, you will end the trade with profit.
  • #484
  • Apr 28, 2021 11:35pm Apr 28, 2021 11:35pm
Quoting TeChaoLiang
{quote} If as you mentioned so, it seems that you don't have to employ any EA to achieve your goal. You can just put a market order for buy and set the TP at the price 109,194. The lots of the buy order depending on how much your account can hold on when the price falls in the opposite direction. You even do not have to set a SL, if your account can hold on the temporarily lose, soon or later, you will end the trade with profit.
Hi, my friend, you're right. In fact, EA is just an intelligent robot in my opinion. It's better to have Uncle Tom to help clean up the farm when the owner is away. When the owner comes back, he needs to inspect the farm. When the owner is free, he doesn't need Uncle Tom to do it
  • #485
  • Apr 29, 2021 12:38am Apr 29, 2021 12:38am
Quoting TeChaoLiang
{quote} If as you mentioned so, it seems that you don't have to employ any EA to achieve your goal. You can just put a market order for buy and set the TP at the price 109,194. The lots of the buy order depending on how much your account can hold on when the price falls in the opposite direction. You even do not have to set a SL, if your account can hold on the temporarily lose, soon or later, you will end the trade with profit.
The target value is only for disaster protection.
Please excuse the bad English via Google Translate.
  • #486
  • Edited 6:44am Apr 29, 2021 2:26am | Edited 6:44am
Quoting dokopy
{quote} I guess I wrote it incomprehensibly. I will give an example. The current price on USDJPY is 108,921. Analyzes have shown that the price will sooner or later reach, for example, 109,194. I want to run EA immediately. Only long. If the price flies in my direction, I'm satisfied. If the price reaches 109,194 EA, I will stop and remove all USDJPY trades. If the price falls in the opposite direction, then based on the analysis, I decided that it would only be temporary and the price would return and reach 109,194.
Hi, all this can be done with the original code of Icarus...Ste Only Long in the Ea, let it start the longcycle (before choose the volume). Choose a TP setting reflecting your targeprice. Activate "Stop Next Cycle"...No need for a new code...Cheers
Green pips 2 all of us!
  • #487
  • Apr 29, 2021 7:20am Apr 29, 2021 7:20am
Quoting MaPi
{quote} Hi, all this can be done with the original code of Icarus...Ste Only Long in the Ea, let it start the longcycle (before choose the volume). Choose a TP setting reflecting your targeprice. Activate "Stop Next Cycle"...No need for a new code...Cheers

I try to do this and trade in one direction cycles.... working nicely. Still testing all the possible input combination it the EA settings.

I need another few months testing to have a better feel of the EA handling trades in different market type conditions.

Good job done by and support TeChaoLiang.
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #488
  • Apr 29, 2021 2:48pm Apr 29, 2021 2:48pm
Quoting TeChaoLiang
{quote} OK! MaPi Trigger is removed. Also Invert the MaPi trigger. {quote} The fast one is the Main Line, the slow one is the Signal Line. It has been changed to the Signal Line. {quote} It should work now. Just miss an "else." {quote} I didn't change any part of that. I think it is because you were using indicators to initiate the first cycle, before the EA trying to open an order, it won't check the Max_position, that is, you have to wait for indicators fail to trigger an order (over Max_position) and you can then enter the manual mode....
Hi, I will start testing the new version tomorrow and give you feedback. Could you please code the possibility that max_position 0 will also enable Alert yellow when indicators are used?

Reason behind: when trading with indicators and time to monitor prices you often find a spot where you want to start a cycle or a hedge for a open cycle. At the moment you have to change all indicator settings to do so, this is why I have the request.

I respect your view on the unbalance controll but would advise to keep it in for the moment. Obviously it is not perfect right now and will need some update. But in reality I use it in my Version from time to time.

Reason behind: My broker is offering 0 margin for hedged position. So in a drawdown this mode allows me to have a much higher range before I am going to margin call or liquidation.

What do you think on a filter option, that all orders are only opened in 1 or more (choosen by setting) downtick (sells) or uptick (buys). We do have spread controll allready (by the way, all old versions of the EA I know used market orders and I like it that way, I am not sure if we could controll slippage when using limits and stops), but this could give us more protection in a fast market situation. Would be interested to have your and other opinion on this.

Cheers and thank you for your brilliant effort...
Green pips 2 all of us!
  • #489
  • Apr 29, 2021 4:34pm Apr 29, 2021 4:34pm
I am a newbie and this is my first post on FF.
MaPi you have a great forum with the potential of making a great EA.
I just subscribed. Have you started the YouTube channel?
If yes give us a link.

Cheers
  • #490
  • Apr 29, 2021 5:30pm Apr 29, 2021 5:30pm
Quoting dimboik
I am a newbie and this is my first post on FF. MaPi you have a great forum with the potential of making a great EA. I just subscribed. Have you started the YouTube channel? If yes give us a link. Cheers
Welcome...not yet, but I will keep you posted, hope to be able to start next month...

Cheers
Green pips 2 all of us!
  • #491
  • Apr 29, 2021 7:01pm Apr 29, 2021 7:01pm
Quoting MaPi
{quote}Could you please code the possibility that max_position 0 will also enable Alert yellow when indicators are used? Reason behind: when trading with indicators and time to monitor prices you often find a spot where you want to start a cycle or a hedge for a open cycle. At the moment you have to change all indicator settings to do so, this is why I have the request.
I try to not change Icarus' logic as much as possible, thus, I didn't embed codes into its mainly parts of grid trading logic. So that you can used Icarus as usual except you can decide the timing of opening cycles by employing indicators. Before I am going to make a much more modification of Icarus, would you please try to set the max_position to -1? I think that will be enough to enable Alert Yellow. If it is OK, I tend not to change Icarus too much, for that will possible brings another unknown logical errors.

Quoting MaPi
{quote}I respect your view on the unbalance controll but would advise to keep it in for the moment. Obviously it is not perfect right now and will need some update. But in reality I use it in my Version from time to time. Reason behind: My broker is offering 0 margin for hedged position. So in a drawdown this mode allows me to have a much higher range before I am going to margin call or liquidation.
I didn't change a litter bit of unbalance control.
Quoting MaPi
{quote}What do you think on a filter option, that all orders are only opened in 1 or more (choosen by setting) downtick (sells) or uptick (buys). We do have spread controll allready (by the way, all old versions of the EA I know used market orders and I like it that way, I am not sure if we could controll slippage when using limits and stops), but this could give us more protection in a fast market situation. Would be interested to have your and other opinion on this. Cheers and thank you for your brilliant effort...
What I am working out is to develop another grid trading EA inspired from Icarus. I will call it Robin. When I was in my teenage (1975) there was a song "Fly Robin Fly," I hope the EA can up up to the sky.

Cheers.
  • #492
  • Edited 8:36pm Apr 29, 2021 8:16pm | Edited 8:36pm
Quoting MaPi
{quote} Hi, I will start testing the new version tomorrow and give you feedback. Could you please code the possibility that max_position 0 will also enable Alert yellow when indicators are used? Reason behind: when trading with indicators and time to monitor prices you often find a spot where you want to start a cycle or a hedge for a open cycle. At the moment you have to change all indicator settings to do so, this is why I have the request. ..
OK, MaPi, I change Icarus_2.2.1_Modified to Icarus_2.2.2_Modified as attached.
I give you another choice to enable Alert Yellow directory without changing max_position setting. When you set "Enable Alert Yellow Directly" to 'true,' you will have what you want. Others don't have to download this version if you don't have the same requirement as MaPi's.
Attached File(s)
File Type: ex4 Icarus_2.2.2_Modified.ex4   153 KB | 385 downloads
File Type: mq4 Icarus_2.2.2_Modified.mq4   235 KB | 560 downloads
  • #493
  • Apr 29, 2021 8:55pm Apr 29, 2021 8:55pm
Quoting TeChaoLiang
...
What I am working out is to develop another grid trading EA inspired from Icarus. I will call it Robin. When I was in my teenage (1975) there was a song "Fly Robin Fly," I hope the EA can up up to the sky. Cheers.
When you decide to publish yours Flying Robin EA, Mr. Liang?
The man behind the gun
  • #494
  • Apr 29, 2021 9:05pm Apr 29, 2021 9:05pm
Quoting fx1079
{quote} When you decide to publish yours Flying Robin EA, Mr. Liang?
First of all, I am not sure whether or not it could be publish here? Secondary, the Flying Robin EA is still under testing and debugging. If MaPi allow, maybe I could state the idea of Flying Robin firstly here, so that everyone can give me valuable suggestions.
  • #495
  • Apr 29, 2021 11:58pm Apr 29, 2021 11:58pm
Quoting TeChaoLiang
{quote} First of all, I am not sure whether or not it could be publish here? Secondary, the Flying Robin EA is still under testing and debugging. If MaPi allow, maybe I could state the idea of Flying Robin firstly here, so that everyone can give me valuable suggestions.
I think if MaPi allow it, you better open a new thread for Flying Robin EA, then it will not messy the MaPi thread.
The man behind the gun
  • #496
  • Edited 4:25am Apr 30, 2021 1:26am | Edited 4:25am
Quoting TeChaoLiang
{quote} OK! MaPi Trigger is removed. Also Invert the MaPi trigger. {quote} The fast one is the Main Line, the slow one is the Signal Line. It has been changed to the Signal Line. {quote} It should work now. Just miss an "else." {quote} I didn't change any part of that. I think it is because you were using indicators to initiate the first cycle, before the EA trying to open an order, it won't check the Max_position, that is, you have to wait for indicators fail to trigger an order (over Max_position) and you can then enter the manual mode....
It would be wonderful if you can add CCI & Moving average indicators to the list. Thanks and Great job to you, Mapi and others for all the hard work
  • #497
  • Apr 30, 2021 3:00am Apr 30, 2021 3:00am
Quoting TeChaoLiang
{quote} First of all, I am not sure whether or not it could be publish here? Secondary, the Flying Robin EA is still under testing and debugging. If MaPi allow, maybe I could state the idea of Flying Robin firstly here, so that everyone can give me valuable suggestions.
Hello, off course you have my ok to publish it here, as you know my idea was always to take Icarus as staring point and develope it with the members of forexfactory to a better flyer...

Actually I would be grateful to have the discussion on and the developing of Robin here in this thread, due to the fact it is based on Icarus...But finaly this will be your choice and call...

Cheers
Green pips 2 all of us!
  • #498
  • Apr 30, 2021 3:03am Apr 30, 2021 3:03am
Quoting fx1079
{quote} I think if MaPi allow it, you better open a new thread for Flying Robin EA, then it will not messy the MaPi thread.
Hi, no, I don´t agree with your opinion. If you read post 1 carefully it would be exactly the direction I am aiming for in this thread...Cheers
Green pips 2 all of us!
  • #499
  • Apr 30, 2021 10:42am Apr 30, 2021 10:42am
[quote = TeChaoLiang; 13517441] {quote}我试图尽可能不改变Icarus的逻辑，因此，我没有将代码嵌入到其主要的网格交易逻辑部分中。因此您可以照常使用伊卡洛斯（Icarus），除了可以通过使用指标来确定开盘周期的时间。在我对Icarus进行更多修改之前，请您尝试将max_position设置为-1吗？我认为这足以启用“黄色警报”。如果可以，我倾向于不对Icarus进行过多更改，因为这可能会带来另一个未知的逻辑错误。{quote}我没有改变一点不平衡控制。{quote}我正在研究的是开发另一个受Icarus启发的网格交易EA。我称它为罗宾。在我十几岁的时候（1975年），有一首歌“ Fly Robin Fly”，我希望EA能够飞上蓝天。 干杯。[/ quote]

I'm already working on the idea you mentioned

I'm already working on the idea you mentioned. I'm working hard on the code and changing the original Settings and grid ideas. I'm already testing the model on my VPS, and I can only have coffee for about 2 hours at noon eastern time in Canada
Attached Image(s) (click to enlarge)
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  • #500
  • Apr 30, 2021 10:58am Apr 30, 2021 10:58am
Quoting FX6588
[quote = TeChaoLiang; 13517441] {quote}我试图尽可能不改变Icarus的逻辑，因此，我没有将代码嵌入到其主要的网格交易逻辑部分中。因此您可以照常使用伊卡洛斯（Icarus），除了可以通过使用指标来确定开盘周期的时间。在我对Icarus进行更多修改之前，请您尝试将max_position设置为-1吗？我认为这足以启用“黄色警报”。如果可以，我倾向于不对Icarus进行过多更改，因为这可能会带来另一个未知的逻辑错误。{quote}我没有改变一点不平衡控制。{quote}我正在研究的是开发另一个受Icarus启发的网格交易EA。我称它为罗宾。在我十几岁的时候（1975年），有一首歌“...
Which idea you are referring to?

The history is not looking like you are using Icarus at all, or have you changed the code in using pending orders? Would you be so kind to share your ea with a description to us? Just asking because I want to keep the thread transparent and clean, think you will understand...

Cheers
Green pips 2 all of us!
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