Free Grid EA Ikarus - From zero to hero
Heelo again...Under normal circumstances I just let Icarus fly, when my yellow alert is triggered I might interact via manual buttons...But sometime I see something in the chart, and adjust the logic (e.g. long/short, start cycle now or more orders per cycle AND especialy CLOSE LAST ORDER) via the hot buttons 
Yesterday was such a day, it feels good to have enought margin again to attac when I spot a chance...
Fly, Icarus Fly...Chasing the clouds (but dear user, never forget why I named the EA Icarus)...
Cheers to all of you and thank you for your contribution to this project... 
Yesterday was such a day, it feels good to have enought margin again to attac when I spot a chance...Fly, Icarus Fly...Chasing the clouds (but dear user, never forget why I named the EA Icarus)...
Cheers to all of you and thank you for your contribution to this project...
Green pips 2 all of us!
Heelo again...Under normal circumstances I just let Icarus fly, when my yellow alert is triggered I might interact via manual buttons...But sometime I see something in the chart, and adjust the logic (e.g. long/short, start cycle now or more orders per cycle AND especialy CLOSE LAST ORDER) via the hot buttons
{quote} I don't encounter this situation, if trade is not allow, the buttons should be all gray, means market is close. If not the case, may be the floating spread exceeds the max spread you set. Also, if you use indicators for triggering buy or sell cycle, it won't has both buy or sell trade at same moment. Unless you don't use indicators to trigger trades, it won't has both buy and sell trades at the same moment.
- #977
- Jul 13, 2021 7:40am Jul 13, 2021 7:40am
- Joined Dec 2013 | Status: Trader | 1,942 Posts
{quote} Of course, it is different, ATR(4)
GOod day,
Could we try this for ATR grid progression, with ATR. This feature allows for the GRID to be dynamic with the market both long term and short term.
HERE IS HOW:
ATR is used with value short term (3-6) and then a 100 MA. Once the MA is placed, a deviation line is set, from the MA. The deviation line is then the GRID spacing. This value will adjust with the markets long term changes. With the main idea of the deviation to be used to avoid short term spikes. Please see image:
Now that we have GRID spacing how will it be dynamic?
Then another deviation is used for short term. ATR has to be below the new deviation line before price can be entered.
2 confirming entry conditions:
Deviation 1 line sets the GRID spacing
***Side note about Deviation line, this line should be above 75-80% of the markets noise,
Deviation 2 confirms the ATR line is below the ATR deviation ( this ensures price has calmed down)
RESULT - Next order entry is x pipes away from the previous order, minus all the short term noise without being put into a huge thrust in the opposite direction.
"
double atr=iCustom(Symbol(),0,"ATR_Envelop",ATR_Period,Period_,Deviation,Deviation2,0,0);
if(Period_!=0) {
/*
agpm1=iCustom(Symbol(),0,"ATR_Envelop",ATR_Period,Period_,Deviation,Deviation2,1,0);
agpm2=iCustom(Symbol(),0,"ATR_Envelop",ATR_Period,Period_,Deviation,Deviation2,2,0);
}
agpm2=agpm2/Point/10;
As ATR is higher the GRID spacing increases allowing the GRID to increase its overall range to the current market conditions. The idea eventually tying the Lot size in but isnt necessary.
The end result is the GRID is able to develop of dynamic GRID spacing distance correlated to Account size, well at the same avoid the noise for entry, this allows GRID spacing to increase for the EA to handle the DRAWDOWN.
Here is the next part, analyzing the markets range in the past. This is a stats indicator I got. This gives us the thrust following the GRID spacing I outlined above. So youll see 20 x 20 gives us 54 orders. This means 54 thrusts occurred 200 pips followed by another thrust of 200 pips. Why does this matter for GRID trading?
On that indicator we set previous looked at bars 100000.
Result Only 1 move outside of the range the EA can handle.
And when did that happen?
After the FEDERAL RESERVE change monetary policy direction.
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Learn, a forex trader must, unlearn and relearn he will.
