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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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  • #821
  • Jun 6, 2021 10:23pm Jun 6, 2021 10:23pm
Quoting MaPi
Today I was playing a little manual in EURUSD...The news from US hit in hard, but one of the nice things with Icarus is: Every drawdown you survive will give you nice gains {image} So with 16% + I will hand the trading over to the EA again Cheers
Dear Mapi,

Can you share the Indicator “ Equity “ on your chart, I have not yet found something that reflect real Drawdown on the account.
I am testing Multipair, any of help should be appreciated.

Thanks.
On my way!
  • #822
  • Jun 6, 2021 11:27pm Jun 6, 2021 11:27pm
Quoting TeChaoLiang
Robin 2.5 Here is a new version of Robin, Robin 2.5. This version of Robin will handle another two hedging cycle for dealing with hedging positions. When a hedging position achieve its hedging purpose, that is, BE to the loss position it hedged, will start to do a profit lock. When a hedging position reaches its SL, the hedging position will be closed. When the loss position reaches its SL again, another hedging position will be put. {image} You can set the Multiplier of hedging lots to set the lots of hedging. Also, you have to tuning the ATR settings...
Thanks for providing Robin 2.5.

It ’s a very good EA.
  • #823
  • Jun 7, 2021 1:11am Jun 7, 2021 1:11am
Quoting sanatan
{quote} Thanks for providing Robin 2.5. It ’s a very good EA.
You are welcome, Robin 2.5 does not means Robin 1.1 is useless. Robin 1.1 is a pure with trend grid trading EA, although hedging effect is its side effect, but you have to close a loss position manually when the hedging position is decoupled from it.
  • #824
  • Jun 7, 2021 1:53am Jun 7, 2021 1:53am
Quoting TeChaoLiang
Robin 2.5 Here is a new version of Robin, Robin 2.5. This version of Robin will handle another two hedging cycle for dealing with hedging positions. When a hedging position achieve its hedging purpose, that is, BE to the loss position it hedged, will start to do a profit lock. When a hedging position reaches its SL, the hedging position will be closed. When the loss position reaches its SL again, another hedging position will be put. {image} You can set the Multiplier of hedging lots to set the lots of hedging. Also, you have to tuning the ATR settings...
Hi, thanks for this EA and your hard work. I'm new here, and I do have test a lots of EA but seem like this one is getting better with everyone feedback.
I would like to use this with my real account. May I know, what is the best setting for cent account and tf?
  • #825
  • Jun 7, 2021 2:14am Jun 7, 2021 2:14am
Quoting fiji66
Hi, I just finished 2 weeks of testing of both 2.4 and 3.1 on main forex pairs. Trading on 1H, standard settings BB 1H, ATR grid 1H, I did not use neither progression (0) nor profit chasing. Both have provided good results, though 3.1 ended up better. All ranging pairs made good results (GBPUSD, EURUSD) while trending pairs were not as good, some in loss (pairs with JPY and USDCAD). That perfectly confirms what has been said, "strategy is against-the-trend, it hates mono trend situations". Sincere thanks to all developers and contributors, but mainly...
are we mixing up 2 EAs? are these robin?I think yes.
  • #826
  • Jun 7, 2021 2:22am Jun 7, 2021 2:22am
Quoting T4Trade
{quote} are we mixing up 2 EAs? are these robin?I think yes.
No, they are Icarus.
  • #827
  • Jun 7, 2021 3:44am Jun 7, 2021 3:44am
Quoting TeChaoLiang
Robin 2.5 Here is a new version of Robin, Robin 2.5. This version of Robin will handle another two hedging cycle for dealing with hedging positions. When a hedging position achieve its hedging purpose, that is, BE to the loss position it hedged, will start to do a profit lock. When a hedging position reaches its SL, the hedging position will be closed. When the loss position reaches its SL again, another hedging position will be put. {image} You can set the Multiplier of hedging lots to set the lots of hedging. Also, you have to tuning the ATR settings...
Why hardcode "RehedgeTime = 7200"?
  • #828
  • Edited 2:23pm Jun 7, 2021 4:46am | Edited 2:23pm
Quoting phrixusong
{quote} Why hardcode "RehedgeTime = 7200"?
Just to prevent from too frequently re-hedging. You can less or increase it if you like. Also, you can put it as a initial settings.
You can modify the code to make it more comprehensive, and share back to me, thanks.
  • #829
  • Jun 7, 2021 5:03am Jun 7, 2021 5:03am
Quoting havendim
hello sir this ea is free?? or had expiration date
It´s free and will not expire! Cheers
Green pips 2 all of us!
  • #830
  • Jun 7, 2021 8:22am Jun 7, 2021 8:22am
Hi,
can you advise on running two same pairs on one account (two charts). Each has same EA but different settings. For example one opend trades based on BB the other one based on RSI. Each has different magic number. My question is, do open trades interfere? Or is each EA just taking care of the own cycle of trades.
Thanks in advance
fiji66
  • #831
  • Jun 7, 2021 1:55pm Jun 7, 2021 1:55pm
Quoting limevanilla
{quote} Hi, thanks for this EA and your hard work. I'm new here, and I do have test a lots of EA but seem like this one is getting better with everyone feedback. I would like to use this with my real account. May I know, what is the best setting for cent account and tf?
i have got the same plan,plz add my telegram id ,let us discuss the best settings,becaue all martingales are same,the secret is the settings and risk management plan.pm me plz
  • #832
  • Jun 7, 2021 2:24pm Jun 7, 2021 2:24pm
Quoting fiji66
Hi, can you advise on running two same pairs on one account (two charts). Each has same EA but different settings. For example one opend trades based on BB the other one based on RSI. Each has different magic number. My question is, do open trades interfere? Or is each EA just taking care of the own cycle of trades. Thanks in advance fiji66
Each EA just taking care of its own cycles of trades.
  • #833
  • Jun 7, 2021 9:37pm Jun 7, 2021 9:37pm
Quoting T4Trade
{quote} i have got the same plan,plz add my telegram id ,let us discuss the best settings,becaue all martingales are same,the secret is the settings and risk management plan.pm me plz
I think we should discuss and share our setting here. Last night, I'm running this EA with GU, UJ, EU, UC and XAUUSD. My TF is 5M for EU, GU and other 30M. All pair give profit with default setting except XAUUSD. This one I'm running with Robin, but for Icarus_M_3.2, it's doesn't take any TP even it's already profit.

How can I stop the order if I already reach the TP? Is it because of Profit_lock or Max_Positions?
  • #834
  • Jun 7, 2021 11:54pm Jun 7, 2021 11:54pm
Quoting limevanilla
{quote} I think we should discuss and share our setting here. Last night, I'm running this EA with GU, UJ, EU, UC and XAUUSD. My TF is 5M for EU, GU and other 30M. All pair give profit with default setting except XAUUSD. This one I'm running with Robin, but for Icarus_M_3.2, it's doesn't take any TP even it's already profit. How can I stop the order if I already reach the TP? Is it because of Profit_lock or Max_Positions?
The EAs are irrelevant to the time frame you are running, because they iterate every tick value changed. Although in the back test mode, you will see different results.
That is the historical data do not has the tick value, and different time frame will give you different time series data for testing.
To stop orders already reach profits, you can stop them manually or set a higher profit_lock value let EA stop for you.
  • #835
  • Jun 8, 2021 12:38am Jun 8, 2021 12:38am
Quoting TeChaoLiang
{quote} The EAs are irrelevant to the time frame you are running, because they iterate every tick value changed. Although in the back test mode, you will see different results. That is the historical data do not has the tick value, and different time frame will give you different time series data for testing. To stop orders already reach profits, you can stop them manually or set a higher profit_lock value let EA stop for you.
Currently right now, my setting is Take_Profit = 8.0, so for me to take the profits, am I have to put same value as Take_Profits or higher than that or just put 1.0?
  • #836
  • Jun 8, 2021 6:00am Jun 8, 2021 6:00am
Quoting CoolBuddy
{quote} Dear Mapi, Can you share the Indicator “ Equity “ on your chart, I have not yet found something that reflect real Drawdown on the account. I am testing Multipair, any of help should be appreciated. Thanks.
Sure, here you go, cheers
Attached File(s)
File Type: ex4 Equity-Monitor.ex4   58 KB | 519 downloads
File Type: mq4 Equity-Monitor.mq4   30 KB | 621 downloads
Green pips 2 all of us!
  • #837
  • Jun 8, 2021 6:06am Jun 8, 2021 6:06am
Quoting limevanilla
{quote} Currently right now, my setting is Take_Profit = 8.0, so for me to take the profits, am I have to put same value as Take_Profits or higher than that or just put 1.0?
I guess your profit lock input is low, therefore the cycle is not close...Check in the upper left corner in the relevant cycle, it shows you the Locked profit, if you set the input higher you will get a faster realisation of the cycle...Cheers
Green pips 2 all of us!
  • #838
  • Jun 8, 2021 6:25am Jun 8, 2021 6:25am
I have this tool that can preserve profits once the floating balance reaches a defined amount specified in an account. Some might find it useful , I use it on my live accounts to take profits
Attached File(s)
File Type: ex4 Equity Sentry v1.4b.ex4   45 KB | 463 downloads
  • #839
  • Jun 8, 2021 6:41am Jun 8, 2021 6:41am
Quoting MaPi
{quote} I guess your profit lock input is low, therefore the cycle is not close...Check in the upper left corner in the relevant cycle, it shows you the Locked profit, if you set the input higher you will get a faster realisation of the cycle...Cheers
I use Robin 2.5, there is no comment or information at my left side. So, I put the Icarus back just want to check what is the Profit Locked actually is. I can see that if I put it 1.0 = it's said 100%. That mean, whenever my trade reach the TP, it will stop the trade right? No more modifying my order. For example, my take_profit is 15 and my profit_locked is 1.0. And what is the minimum profit lock value?
  • #840
  • Jun 8, 2021 7:17am Jun 8, 2021 7:17am
Currently, I'm backtesting Robin 2.5 with various parameters through trial and error.

However, some positions will not be settled.


Attached Image (click to enlarge)
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Attached Image (click to enlarge)
Click to Enlarge Name: 2.PNG Size: 11 KB

If you don't change the specifications so that you can close the position early, you will end up with a big loss.

Please change the specifications so that you can settle when you make a profit.
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