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Free Grid EA Ikarus - From zero to hero
{quote} Hi, mr.TeChaoLiang, can you consider add this indicator as a trigger in Robin, it is a very good indicator from coder Mladen. Thank {file}
Also, if you like to use this indicator other than its default settings, you have to tuning the indicator to be a good state and modify the settings to it source code and recompile it, so that the indicator will be called as you want. I don't like to put all the indicator's settings into Robin.
By the way, this is also a new version of Robin, named Robin_new_2.6. It has additional settings for dealing with hedging.
Hedging filter multiplier determine the width of the filter band.
Profit lock for hedging position is a profit lock factor for hedging order.
When a hedging order is not reached its BE result but it is still profitable, Robin will close the order and also do a partial close of the hedged order.
The new version of Robin is attached follows.
- #984
- Jul 14, 2021 7:41pm Jul 14, 2021 7:41pm
- Joined Dec 2013 | Status: Trader | 1,942 Posts
Learn, a forex trader must, unlearn and relearn he will.
{quote} OK, Here you are. But I don't think only use 4TF HMA as a trigger indicator will bring a good result. See attached below 99.9 quality Strategy Test Result. {image} Also, if you like to use this indicator other than its default settings, you have to tuning the indicator to be a good state and modify the settings to it source code and recompile it, so that the indicator will be called as you want. I don't like to put all the indicator's settings into Robin. By the way, this is also a new version of Robin, named Robin_new_2.6. It has additional...
- in picture below, price have reached blue line for ea to take new sell trade but it didnt do it? spread and margin are okay
Thank.
{quote} Oh, till now, i think that when a trade (new cycle) already triggered, ea will not open new hedge trade base on indicator but grid size only, On picture above, the buy trade is in drawdown when trend down, i imagine when price reach blue line, ea will open new 0.2 lot sell trade follow down trend. Am I wrong?
Note that, Robin won't hedge a hedging order. If the hedging reach SL, Robin accept the lose and close the hedging order. If a hedging order is close due to SL, Robin will wait for an amount time and try to re-hedge again.
Also, I have a filter to determine when to hedge. By Robin_new_2.6 default, the time frame of the filter is H1. You can apply the filter to your chart at H1. If you see the price is below the lower line of the filter then it is the time to put a sell hedging order. When the price is between the upper and the lower line of the filter, Robin regards the price is in a ranging state and won't put hedging order in so eagerly.
My experience of how to use an EA
To use an EA, especially on a live account, you have to very understanding of what the EA is doing.
To understand what the EA doing, the better way is to read the source code of the EA. That's why I never use an EA without source code. If the EA is coded by yourself, of course, you are very understanding it.
Every EA I shared on the thread always with the source mq4 file. If you can't code a EA, you have at least can read the source file of the EA, or you cannot fully understand what the EA does.
Try to read the source code of an EA to understand the behavior of the EA. After you read enough codes of EAs, perhaps, you can code an EA yourself. And this is also my experience.
I have received many questions of why the Robin or Icarus perform like this. The answers is clearly in their source code, you just need to read.
If there is part of the source code you don't understand, you can post your question here, and I will explain to you. But, please do not ask questions that already have answers in the source code. Please try to read the source code otherwise the source codes I share here will be meaningless.
You don't have to read all codes of the EA, you just need put your attention on in what situation the EA will put a trade in and in what situation the EA will close the trade. That is enough for you to understand the behavior of the EA. EA put order into trade will through an OrderSend() function and close an order will through an OrderClose() function. You can then trace the source code the EA begin with those two functions. Where those function are used in the EA, you can use the search to find them. It is not so hard to understand an EA.
When you understand the behavior of an EA, you will better know how to set up the settings of the EA. To different symbols there are different settings suitable for them. You have to find out a better settings for the specific symbol. For instance, although I suggest you can run Robin on multiple currency pairs, but different currency pairs have their better or best settings, you have to take time to find out the appropriate setting via back testing. If you put Robin on multiple currency pairs and each currency pair with its better settings, then I think, your profit is predictable.
Finally, I will show a too good to be true BT results of my another EA which I didn't share it anywhere because this EA is not a grid trading EA. I running back test of 2021.5 ~ 2021.6 two months, beginning with an 1000 USD account, two months running result is 17420.60 USD. Dare I put this EA on my live account? No, I dare not. Because I think it just like a blind cat encounter a dead mouse. Even though the EA is coded by myself, I don't believe there is such a good thing. The result is far exceed my expected. The backward test will tell you something but not all, you have to run forward test on demo account to make sure the EA is running as you expect and stable enough.
TGIF Friends,
US figures are ahead and my trading week was a nice one...today I played a little with manual mode and found me with 14 Lots EURUSD short on a bearish divergenc on stoachstic...When market came down I scaled out the winnings...I wish you all a nice weekend with your beloved ones,
Cheers
FYI: I am still trading with my old beta wich is simular to 2.3, doing this on M5
US figures are ahead and my trading week was a nice one...today I played a little with manual mode and found me with 14 Lots EURUSD short on a bearish divergenc on stoachstic...When market came down I scaled out the winnings...I wish you all a nice weekend with your beloved ones,
Cheers
FYI: I am still trading with my old beta wich is simular to 2.3, doing this on M5
Green pips 2 all of us!