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Free Grid EA Ikarus - From zero to hero

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  • #1,021
  • Jul 25, 2021 1:51pm Jul 25, 2021 1:51pm
Quoting sobhan
{quote} May I ask you to make this change on Icarus as well? (Icarus_M_3.2 Timing)
Here you are, as attached.

Attached File(s)
File Type: ex4 Icarus_M_3.3.ex4   165 KB | 533 downloads
Attached File(s)
File Type: mq4 Icarus_M_3.3.mq4   245 KB | 657 downloads
  • #1,022
  • Edited 1:59am Jul 26, 2021 1:24am | Edited 1:59am
Quoting TeChaoLiang
{quote} Here you are, as attached. {file}{file}
thanks a lot.


Did you check the codes I sent?
  • #1,023
  • Jul 26, 2021 2:41am Jul 26, 2021 2:41am
Quoting sobhan
{quote} thanks a lot. Did you check the codes I sent?
No, I didn't check, but now I have checked.
It is truly a bug with no harm, because the conditions always true in most of time. This bug is exist in the very old version of Icarus (Ikarus), because I didn't notice it and just leave them there. So, all versions of Icarus are inherited of them.
The modified code of Icarus is uploaded as attached.

Attached File(s)
File Type: ex4 Icarus_M_3.3.ex4   164 KB | 663 downloads
Attached File(s)
File Type: mq4 Icarus_M_3.3.mq4   245 KB | 798 downloads
  • #1,024
  • Jul 26, 2021 3:03am Jul 26, 2021 3:03am
Quoting FX6588
{quote} Please share this indicator {image}
Here you go, Cheers
Attached File(s)
File Type: ex4 Equity-Monitor.ex4   58 KB | 543 downloads
File Type: mq4 Equity-Monitor.mq4   30 KB | 697 downloads
Green pips 2 all of us!
  • #1,025
  • Jul 26, 2021 4:36am Jul 26, 2021 4:36am
Quoting TeChaoLiang
{quote} No, I didn't check, but now I have checked. It is truly a bug with no harm, because the conditions always true in most of time. This bug is exist in the very old version of Icarus (Ikarus), because I didn't notice it and just leave them there. So, all versions of Icarus are inherited of them. The modified code of Icarus is uploaded as attached. {file}{file}



Thank you very much, Mr TeChoaLiang

I seem to have identified a problem that can sometimes cause the account to crash
Icarus test is over. When the Robin test is ready, I will send it to you to see.
  • #1,026
  • Jul 26, 2021 8:57am Jul 26, 2021 8:57am
greetings,

how to make this automated?

should i click the buy and sell button?

which button is to click and leave?

sorry im new to this
  • #1,027
  • Edited 4:47pm Jul 26, 2021 2:49pm | Edited 4:47pm
Quoting TeChaoLiang
{quote} No, I didn't check, but now I have checked. It is truly a bug with no harm, because the conditions always true in most of time. This bug is exist in the very old version of Icarus (Ikarus), because I didn't notice it and just leave them there. So, all versions of Icarus are inherited of them. The modified code of Icarus is uploaded as attached. {file}{file}

Dear, Mr TeChoaLiang



When Icarus completes positions in a certain position and has only one position in profit on the other side and the trend is in favor of a position, the profit locks the correct position and no longer takes a position in that direction but positions opposite to the trend. Continues to lower the average.
The result is an explosion of the account in some cases, because if the trend is strong, martingling will destroy it.
Consider the following example
I tested gold. It was profitable for about 6 months, but in the last 10 days it blew up the account.
During these 6 months, this situation was repeated many times, but he was saved by chance, but in the last 10 days, he could not survive.

What happened was:
It took several selling positions on gold, but the trend suddenly changed. He took a position and entered the profit and locked the profit. He maximized gold sales positions but did not open any new positions in favor of the trend. The result was that due to the large volume of the tuberculosis position, the account died

I used the "number of orders for chasing profit" option, but it ignored the trend and added positions in both directions and vice versa.
I am not a coder but I try to read and understand the codes
It seems that a new "case" should be added under the headings (sells==1 And Sells>1) and (buy==1 And Buy>1) .
Attached Image (click to enlarge)
Click to Enlarge Name: StrategyTester M1 2010.gif Size: 9 KB
  • #1,028
  • Jul 26, 2021 7:46pm Jul 26, 2021 7:46pm
Quoting sobhan
{quote} What happened was: It took several selling positions on gold, but the trend suddenly changed. He took a position and entered the profit and locked the profit. He maximized gold sales positions but did not open any new positions in favor of the trend. The result was that due to the large volume of the tuberculosis position, the account died I used the "number of orders for chasing profit" option, but it ignored the trend and added positions in both directions and vice versa. I am not a coder but I try to read and understand the codes It...
Icarus is not an EA my developed, I just modified it from the very beginning Ikarus which is the main topic of this thread. According to Mapi's requirement, I added many indicators for initiating a cycle instead of starting with a pair of hedging positions to initiate both buy and sell cycles at the same moment. Frankly speaking, I am not appreciated with Icarus, because it is a against the trend grid trading EA. Although it may profitable but also dangerous. Ranging market is favor for Icarus and a long trending market will destroy your account. Especially, you are using Martingale to increase position lots and not starting with a very small lots. That's why, I develop my Robin, which is a with the trend grid trading EA.

For a grid trading EA, Icarus or Robin, determine a appropriate grid size is important. The original Icarus (Ikarus) use a fixed grid size as you set in the settings. I added "ATR for grid size" for dynamically determine the grid size to trade. When you choose using ATR for grid size, the grid size in the settings is no longer effected. However, you have to aware that appropriate grid size for a with the trend grid trading EA and a against the trend grid trading EA is different. You have to tune it for good yourself according to the symbols you are trading.

I also found that there is no profit chasing mechanism in the original Icarus. That's why I added a profit chasing mechanism to Icarus so that it can chase the profit when the price activity is favor to the profitable cycle. I only let it to chase the profit at the last order of the cycle reaches it virtual TP. You can then adjust the value of profit lock together with number of orders with the trend to have a better effect. For example, if you set a lower profit lock value, say 0.3, that is when the total profit of the cycle is less than 30% of the max profit of this cycle ever reached, all positions of this cycle will be closed. Owing to the fact that the price won't just go straight up or down, a smaller profit lock gives you a potential to reach a higher total profit and update your max profit value. When you set the profit lock a higher value, say 0.9, you may miss the potential profit gain but at least you can receive 90% of the max profit so far, and the whole profitable cycle is closed.

Icarus is not my EA, I just add some additional mechanisms to it. If you choose not using any indicators, not using ATR to determine the grid size, not to chasing the with trend profit. Icarus behave as it original be. To the main trading control logic inside Icarus, I prefer not to change to keep it worked as it is. In fact, case (sells==1) and case (sells>1) can be combined into one case (sells>=1), I had combined them in my Robin, but I still leave them in Icarus.

Robin is my EA, I can do any change as I like.
  • #1,029
  • Jul 26, 2021 7:53pm Jul 26, 2021 7:53pm
Quoting sobhan
{quote} Dear, Mr TeChoaLiang When Icarus completes positions in a certain position and has only one position in profit on the other side and the trend is in favor of a position, the profit locks the correct position and no longer takes a position in that direction but positions opposite to the trend. Continues to lower the average. The result is an explosion of the account in some cases, because if the trend is strong, martingling will destroy it. Consider the following example I tested gold. It was profitable for about 6 months, but in the last...
your modeling quality is too low and this is the typical problem for any grid ea, its the reason Mr. TeChaoLiang made Robin. Icarus: against trend, huge balance, suitable low volatility pair. Robin: vice versa. that's why it is too risky for running icarus on gold, indices, exotic pairs...
  • #1,030
  • Edited 2:18am Jul 27, 2021 1:56am | Edited 2:18am
Quoting TeChaoLiang
{quote} Icarus is not an EA my developed, I just modified it from the very beginning Ikarus which is the main topic of this thread. According to Mapi's requirement, I added many indicators for initiating a cycle instead of starting with a pair of hedging positions to initiate both buy and sell cycles at the same moment. Frankly speaking, I am not appreciated with Icarus, because it is a against the trend grid trading EA. Although it may profitable but also dangerous. Ranging market is favor for Icarus and a long trending market will destroy your...

Dear, Mr TeChoaLiang

Thank you for your explanation.
I use both experts (Icarus and Robin). And I always use ATR to set up the network. The currency pairs I test on are GBPUSD and XAUUSD
I am not a coder and I have knowledge of code reading experience. Unfortunately, I still could not understand the logic of Robin's performance. That's why I wanted to ask you to give me a detailed explanation about it.
I noticed that Robin uses fewer positions and also apparently uses Stop Loss because sometimes the positions come out at a loss. I apply the settings of a successful Icarus test on Robin and see different results. Robin often manages the first two hedge positions and rarely increases the number of positions. I noticed that you have separated the hedge positions from the main positions (I do not know how correct my understanding was)

I tried to give this change to Robin, but so far I have not succeeded.
I seek to take all positions in the direction of the indicator in each cycle. Not just a trigger position.
I noticed that you have installed in the latest version of Robin such a feature that in addition to the trigger, the hedge position indicator is also filtered with the MA trend (Uptrend(TREND_TF) == 0) (downtrend (TREND_TF) == 1)
But I did not understand what happens when Robin closes positions with a loss
I will be very grateful to you
Give a complete explanation of Robin's performance
  • #1,031
  • Jul 27, 2021 1:57am Jul 27, 2021 1:57am
Quoting TDV
{quote} your modeling quality is too low and this is the typical problem for any grid ea, its the reason Mr. TeChaoLiang made Robin. Icarus: against trend, huge balance, suitable low volatility pair. Robin: vice versa. that's why it is too risky for running icarus on gold, indices, exotic pairs...

Dear, TDV
Thank you for your explanation. It was useful for me.
  • #1,032
  • Edited 6:47pm Jul 27, 2021 7:04am | Edited 6:47pm
Quoting sobhan
{quote} Unfortunately, I still could not understand the logic of Robin's performance. That's why I wanted to ask you to give me a detailed explanation about it. I noticed that Robin uses fewer positions and also apparently uses Stop Loss because sometimes the positions come out at a loss. I apply the settings of a successful Icarus test on Robin and see different results. Robin often manages the first two hedge positions and rarely increases the number of positions. I noticed that you have separated the hedge positions from the main positions (I...
Your understanding is correct.

Quoting sobhan
{quote} I tried to give this change to Robin, but so far I have not succeeded. I seek to take all positions in the direction of the indicator in each cycle. Not just a trigger position. I noticed that you have installed in the latest version of Robin such a feature that in addition to the trigger, the hedge position indicator is also filtered with the MA trend (Uptrend(TREND_TF) == 0) (downtrend (TREND_TF) == 1) But I did not understand what happens when Robin closes positions with a loss I will be very grateful to you Give a complete explanation...
Robin is a with the trend grid trading EA, It naturally has some hedging effect but not enough to recover the floating loss. So I manage hedging cycle separately for special dealing with the loss position. I do not hedge a loss hedging position, but take the loss. In this case, means the hedging is a wrong direction hedge, I try to take the loss of wrong hedging position when the loss of the hedging position is almost equal to the loss less of the loss position being hedged. When a hedging position reaches its virtual TP but not BE to the loss position, Robin perform a profit lock control, as the profit lock control is reached it close the hedging position and also do a partial close of the loss position, that will reduce the lots of the loss position.

Note that, Robin and Icarus are designed for trading currency pairs. When using on other symbols, you have to readjust the settings. For example, XAUUSD, the PIP value is 100*point value, but normally currency pairs PIP value is 10*point value, and ATR value is in point value unit. That means your setting of the multiplier of ATR, in order to fit an appropriate grid size for XAUUSD should at least 10 times of currency pair settings.
  • #1,033
  • Jul 27, 2021 8:13am Jul 27, 2021 8:13am
Quoting TeChaoLiang
{quote} Your understanding is correct. {quote} Robin is a with the trend grid trading EA, It naturally has some hedging effect but not enough to recover the floating loss. So I manage hedging cycle separately for special dealing with the loss position. I do not hedge a loss hedging position, but take the loss. In this case, means the hedging is a wrong direction hedge, I try to take the loss of wrong hedging position when the loss of the hedging position is almost equal to the loss less of the loss position being hedged. When a hedging position...

excellent.
Thank you for your explanation
  • #1,036
  • Jul 27, 2021 10:22am Jul 27, 2021 10:22am
Quoting EpicSeo
greetings, how to make this automated? should i click the buy and sell button? which button is to click and leave? sorry im new to this
Read the first post Cheers
Green pips 2 all of us!
  • #1,037
  • Jul 28, 2021 8:01am Jul 28, 2021 8:01am
Quoting MaPi
{quote} Here you go, Cheers {file} {file}
Always prompt that the transaction history has not been loaded

Attached Image
Attached Image (click to enlarge)
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  • #1,038
  • Jul 28, 2021 8:04am Jul 28, 2021 8:04am
Hi anyone know why Icarus_M_3.3 works fine on a back test but places no trades on my live demo account? thanks
Attached Image (click to enlarge)
Click to Enlarge Name: TesterGraph.gif Size: 30 KB
  • #1,039
  • Jul 28, 2021 8:09am Jul 28, 2021 8:09am
Quoting TeChaoLiang
{quote} 没有，我没查，现在查了。这确实是一个没有伤害的错误，因为在大多数情况下条件总是正确的。这个错误存在于非常旧版本的 Icarus (Ikarus) 中，因为我没有注意到它，只是将它们留在那里。因此，所有版本的伊卡洛斯都继承了它们。伊卡洛斯修改后的代码如附件上传。{文件}{文件}...
Hi my friend I found that 2.23 is still easy to use

I'm testing Icarus_M_3.3.ex4 you shared
  • #1,040
  • Jul 28, 2021 8:24am Jul 28, 2021 8:24am
Quoting psawiris
Hi anyone know why Icarus_M_3.3 works fine on a back test but places no trades on my live demo account? thanks {image}
You need to understand the principle of 3.3. Check the historical chat records and every sentence that techaoliang said
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