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Free Grid EA Ikarus - From zero to hero

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  • #861
  • Jun 10, 2021 1:10am Jun 10, 2021 1:10am
Quoting TeChaoLiang
EA can not read semaphore from the chart window. Because indicators and EA each has its own running thread the only interface between them is EA read data from the indicator buffers of the indicator. Indicator buffers is used for indicator to draw something on the chart window.
Hi, if the Indicator generates Objects on the chart then the EA can read these Objects, if required. This is in addition to the indicator buffers, e.g. ObjectFind()
  • #862
  • Jun 10, 2021 3:09am Jun 10, 2021 3:09am
Quoting batemap
{quote} Hi, if the Indicator generates Objects on the chart then the EA can read these Objects, if required. This is in addition to the indicator buffers, e.g. ObjectFind()
Thanks for advise.
  • #863
  • Jun 10, 2021 5:43am Jun 10, 2021 5:43am
Quoting batemap
{quote} Hi, if the Indicator generates Objects on the chart then the EA can read these Objects, if required. This is in addition to the indicator buffers, e.g. ObjectFind()
Thank you my friend for giving a solution.
I am a 36-year-experienced trader but lack knowledge of Excel, mql or any programming languages.

Because of my sheer trading experience, I can design any trading logic by conducting probability studies with the help of well wishers who know programming languages, and mainly Excel.

The problem with almost all programmers is they think they know more than traders and end up losing their shirt, trouser and underwear on their
algos designed without doing any intensive time-consuming quantitative analysis and trading mind control techniques.
Always in a rush to make fast money. I feel sorry for them.
Practice makes a person perfect
  • #864
  • Jun 13, 2021 5:44am Jun 13, 2021 5:44am
I'm backtesting Robin 2.5 with a variety of parameter combinations, but it eventually fails no matter how many times I try.
Attached Image (click to enlarge)
Click to Enlarge Name: TesterGraph.gif Size: 36 KB

The cause of the bankruptcy is that the position was not settled and was held for a long time, so stable operation will be difficult unless this point is improved.
Attached Image (click to enlarge)
Click to Enlarge Name: 7.PNG Size: 18 KB

However, until it goes bankrupt, we are steadily increasing our assets, so I think Robin 2.5 has the potential to become an excellent EA.

At present, changing the numerical values of the parameters is not enough, so if you have any good ideas, please suggest them.
  • #865
  • Edited 8:39am Jun 13, 2021 8:23am | Edited 8:39am
Quoting sanatan
I'm backtesting Robin 2.5 with a variety of parameter combinations, but it eventually fails no matter how many times I try.{image} The cause of the bankruptcy is that the position was not settled and was held for a long time, so stable operation will be difficult unless this point is improved. {image}
Would you please show the result near order 246 to me so that I can find out whether the loss order 246 was not hedged or the hedging order was closed for some reason but not settle order 246 at the same time.

Perhaps you can try Robin_2.6, the difference between 2.5 and 2.6 is when a hedging position is closed, 2.5 will close the last position of it hedging (normally the last position of the opposite direction should be the position it hedging); 2.6 will close all positions of the opposite direction to prevent from the last position is not the position being hedged.



Attached File(s)
File Type: ex4 Robin_2.6.ex4   136 KB | 412 downloads
Attached File(s)
File Type: mq4 Robin_2.6.mq4   228 KB | 580 downloads
  • #866
  • Jun 13, 2021 11:06pm Jun 13, 2021 11:06pm
Quoting TeChaoLiang
{quote} Would you please show the result near order 246 to me so that I can find out whether the loss order 246 was not hedged or the hedging order was closed for some reason but not settle order 246 at the same time. Perhaps you can try Robin_2.6, the difference between 2.5 and 2.6 is when a hedging position is closed, 2.5 will close the last position of it hedging (normally the last position of the opposite direction should be the position it hedging); 2.6 will close all positions of the opposite direction to prevent from the last position is...
OK! This is the position around 246.
Attached Image (click to enlarge)
Click to Enlarge Name: 4788888.PNG Size: 20 KB
Apparently, 246 positions weren't settled because we prioritized the settlement of the previously remaining positions.

The cause is that the initial position was not settled at the same time as the hedge position, and all positions have been shifted by one since then.
Attached Image (click to enlarge)
Click to Enlarge Name: 7477477474747474747.PNG Size: 19 KB
It can be confirmed that this "5 position" is not settled at the same time as the hedge position "6 position" and remains, and it is settled in the latter half of the year.
Attached Image (click to enlarge)
Click to Enlarge Name: 474747.PNG Size: 12 KB

By the way, this "5 positions" is not a hedge position, but a normal buy position based on the judgment of the indicator.

I will also try Robin 2.6 later.

Thank you for the new version.
  • #867
  • Jun 14, 2021 4:27am Jun 14, 2021 4:27am
Quoting sanatan
{quote} OK! This is the position around 246. {image}Apparently, 246 positions weren't settled because we prioritized the settlement of the previously remaining positions. The cause is that the initial position was not settled at the same time as the hedge position, and all positions have been shifted by one since then.{image}It can be confirmed that this "5 position" is not settled at the same time as the hedge position "6 position" and remains, and it is settled in the latter half of the year.{image} By the way, this "5 positions" is not a hedge...
Normally, the hedging order should follows the order to be hedged. Like order 29, order 30 shows. It is strange that why order 246 was not hedged?
I'll PM you my email address, please send the StrategyTest Report to me for check.
  • #868
  • Jun 14, 2021 7:06am Jun 14, 2021 7:06am
Quoting TeChaoLiang
{quote} Normally, the hedging order should follows the order to be hedged. Like order 29, order 30 shows. It is strange that why order 246 was not hedged? I'll PM you my email address, please send the StrategyTest Report to me for check.
I have attached a report of Robin 2.5, please check.

By the way, no matter how you change the parameters, some positions will not be settled.
  • #869
  • Jun 14, 2021 12:30pm Jun 14, 2021 12:30pm
Quoting sanatan
{quote} I have attached a report of Robin 2.5, please check. By the way, no matter how you change the parameters, some positions will not be settled.
Thanks for your attachment of the long strategy test result so that I can find the problem. The problem is I deal with hedging cycles before the normal cycle and I forgot the code borrow from Icarus will read the situation of positions at each iteration of every tick value changed. I did not exit the iteration after closing the hedging position as well as the hedged position, I just let it go to deal with the normal cycles. After I settle the hedging position and the hedged position, there should be no position need be hedged, but the states are not so instant response, that cause it think the loss position still exist when dealing with the normal cycles. That is why there were an extra hedging position, and when the extra hedging position closed, there are no hedged position to be close. Also, it will cause next position need to be hedged but not be hedged. The modification version is attached.
Attached Image (click to enlarge)
Click to Enlarge Name: Robin2.6_bugs.png Size: 22 KB


You do not have to worry Icarus, Icarus won't has such problem because it does not deal with hedging orders.

Attached File(s)
File Type: ex4 Robin_2.6_new.ex4   135 KB | 424 downloads
Attached File(s)
File Type: mq4 Robin_2.6_new.mq4   228 KB | 630 downloads
  • #870
  • Jun 14, 2021 2:09pm Jun 14, 2021 2:09pm
Hello everyone, just joined this forum.
We started with Icarus but at the end, I could see robin.
If I may ask, is Icarius now Robin or Robin is Robin and Icarus still remained Icarus, if yes, how do I get my hands on Icarus.
  • #871
  • Jun 14, 2021 4:41pm Jun 14, 2021 4:41pm
Quoting Laudable222
Hello everyone, just joined this forum. We started with Icarus but at the end, I could see robin. If I may ask, is Icarius now Robin or Robin is Robin and Icarus still remained Icarus, if yes, how do I get my hands on Icarus.
They are two different EAs.
https://www.forexfactory.com/thread/...7#post13567477
  • #872
  • Jun 15, 2021 6:54am Jun 15, 2021 6:54am
hi .. thnaks for creating this great EA. i have been using EA for 10 overyears and still found Grid EA is the best for consistance prifit.

however. can your EA add money managment option? instead of opening a fix lot size, and change to open lot size base on account balance ?

thank you
  • #873
  • Jun 15, 2021 10:11am Jun 15, 2021 10:11am
Quoting nakanishi28
can your EA add money managment option? instead of opening a fix lot size, and change to open lot size base on account balance ? thank you
Adding a money management option is easy but how to decide an appropriate lots is sophisticate for a grid trading EA. This should be the next topic we should discuss here. Owing to the fact that a grid trading EA is not like other EA that trade only one position at one time, grid trading EA will open many positions according to the market situation. So, what is the appropriate lot size for initiating a trade is hard to determine.
For a one trade one position EA, I can arrange a MM option according your MM policy that based on the account balance or free margin.
For a grid trading EA, I don't know how to calculate the initial lots according to your MM policy. If you have good idea of money management strategy for grid trading, please share on this thread and we can discuss whether or not the strategy could be employed for safety work.
  • #874
  • Jun 15, 2021 10:13am Jun 15, 2021 10:13am
Quoting nakanishi28
hi .. thnaks for creating this great EA. i have been using EA for 10 overyears and still found Grid EA is the best for consistance prifit. however. can your EA add money managment option? instead of opening a fix lot size, and change to open lot size base on account balance ? thank you
I agree on this one, add a option that lets say you set "risk 5% of account" then it will always be 5% and the lot size will increase with the balance

This would be the code for it FreeMargin()*Progressive_lot/1000.0
  • #875
  • Edited 1:26pm Jun 15, 2021 1:04pm | Edited 1:26pm
Quoting agge
{quote} I agree on this one, add a option that lets say you set "risk 5% of account" then it will always be 5% and the lot size will increase with the balance This would be the code for it FreeMargin()*Progressive_lot/1000.0
No. I don't think it will work for Icarus. For Icarus or Robin does not have a real stop loss mechanism. When the price hits the stop loss, it won't close the position but put an additional position in. Hence, the risk of a grid trading EA, especially Icarus, is unpredictable. That is, if you set "risk 5% of account" then it is not always be 5% of account risk, but always loss 5% of your account. Why? You can set Account_Risk to 0.05 in the settings of Icarus, that means when your equity is less then account balance by 5%, Icarus will close all positions and accept the loss, even if it can further recover the loss to be a gain. That's why I say it is not 5% risk but 5% loss. Icarus is accumulating temporary loss for the potential gain when the price is swinging back. As long as your account can survive, the profit can be expected.
Once the risk is so unpredictable, it is no way to do money management control like you mentioned.
  • #876
  • Jun 16, 2021 3:00am Jun 16, 2021 3:00am
Quoting TeChaoLiang
{quote} No. I don't think it will work for Icarus. For Icarus or Robin does not have a real stop loss mechanism. When the price hits the stop loss, it won't close the position but put an additional position in. Hence, the risk of a grid trading EA, especially Icarus, is unpredictable. That is, if you set "risk 5% of account" then it is not always be 5% of account risk, but always loss 5% of your account. Why? You can set Account_Risk to 0.05 in the settings of Icarus, that means when your equity is less then account balance by 5%, Icarus will close...
Hi, her are my three cents on this topic...Trading with Icarus on a live account for years I never missed the option of the EA to adjust the starting volume on the balance. At least I check the EA once a day (normaly I can monitor it the hole day on my working space) and when balance goes significant up it is easy to change the starting volume by manual input. So from the trading perspective this function is IMHO not needed.

Having this said I would like this function when it comes to long term backtesting over many years. Everyone should be chrystal clear, the factor should be choosen super defensiv due to the fact we are not talking about a fix risk here, just about the starting volume of the cycle...

Cheers
Green pips 2 all of us!
  • #877
  • Jun 16, 2021 3:55am Jun 16, 2021 3:55am
Quoting MaPi
{quote} Hi, her are my three cents on this topic...Trading with Icarus on a live account for years I never missed the option of the EA to adjust the starting volume on the balance. At least I check the EA once a day (normaly I can monitor it the hole day on my working space) and when balance goes significant up it is easy to change the starting volume by manual input. So from the trading perspective this function is IMHO not needed. Having this said I would like this function when it comes to long term backtesting over many years. Everyone should...
I see, and yes i agree what you are on about. Im not in desprete need of this function either beacuse i think icarus dont really need it cus its based on griding. I just found it interesting to add and see what happends in backtestning. Anyhow another subject, how do you handle these major drawdowns that happends every once and a while. And what version are you running, im currently on the orginal one that you posted. Anyway GREAT project and im happy to be onboard on it.
  • #878
  • Jun 16, 2021 7:09am Jun 16, 2021 7:09am
Quoting TeChaoLiang
New Modified Versions of Icarus Attaches are the new modified versions of Icarus. The new versions can do manually control when Icarus begin to run, and removed the Alert Yellow switch in the settings. Icarus_M.2.5: using BUY/LOW and SELL/HIGH as indicators trigger condition. Icarus_M.3.2: using BUY/HIGH and SELL/LOW as indicators trigger condition. If you like to initiate Buy/Sell cycles manually, you can set a tougher condition of indicators trigger, for example BB(3.0), to prevent Icarus from initiating cycles. You have to choose at least on...
Good Morning

I admire all contributors to the topic.

Would it be possible to add the possibility of the WPR Indicator in Icarus M 3.2?

thankful
  • #879
  • Jun 16, 2021 10:24am Jun 16, 2021 10:24am
this EA which is also a grid EA. is very similer to icarus. but with the increase lot size as the balance goes up. anyone can take a look.
Attached File(s)
File Type: ex4 FXSafeProfit-v1.1-5XX-EDU.ex4   74 KB | 507 downloads
  • #880
  • Jun 16, 2021 10:27am Jun 16, 2021 10:27am
Quoting MaPi
{quote} Hi, her are my three cents on this topic...Trading with Icarus on a live account for years I never missed the option of the EA to adjust the starting volume on the balance. At least I check the EA once a day (normaly I can monitor it the hole day on my working space) and when balance goes significant up it is easy to change the starting volume by manual input. So from the trading perspective this function is IMHO not needed. Having this said I would like this function when it comes to long term backtesting over many years. Everyone should...
how about we dont use % of account. but instead we use 0.01 / $1000 belance or something like that on every new cycle. we can decide on the lot size per $1000
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