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  • #1,101
  • Aug 13, 2021 9:51am Aug 13, 2021 9:51am
Quoting xiqat
Icarus 2.2 稍微修改了 BB 条目。运行真实账户，本周上涨约 12%。{图片}
Hi, my friend, how much is the balance of your account funds running so many currency pairs? Excuse me?


Your balance is 1300 USD? It is recommended that you use 10000USD for multiple currency pairs, otherwise you will explode

I've just had a week of torture. It's very painful
  • #1,102
  • Aug 13, 2021 9:58am Aug 13, 2021 9:58am
Quoting xiqat
Icarus 2.2 稍微修改了 BB 条目。运行真实账户，本周上涨约 12%。{图片}
In addition, can you share your modified version 2.28 and setting parameters
I want to learn about it
  • #1,103
  • Aug 13, 2021 7:22pm Aug 13, 2021 7:22pm
Quoting jjeswanth
Hi @TeChaoLiang Can you add the zone recovery strategy for the Robin {image}
Basically, The Hedging mechanism of Robin is like the concept of zone recovery strategy. But I just let robin takes only one round of hedging. The reason is if you don't have enough free margin available. A sequence of hedging operating will increase you margin requirement very quickly and you have the risk of burning your account.

I would rather to take the loss of my hedging order as it is hedging in wrong direction. Because when the hedging position is in loss, then the loss position to be hedged is also decrease its loss. I like to close the hedging position when the amount of loss of the hedging position is almost equal the amount of the loss decrease of the loss position being hedged.
  • #1,104
  • Aug 15, 2021 5:32am Aug 15, 2021 5:32am
Quoting TeChaoLiang
{quote} Basically, The Hedging mechanism of Robin is like the concept of zone recovery strategy. But I just let robin takes only one round of hedging. The reason is if you don't have enough free margin available. A sequence of hedging operating will increase you margin requirement very quickly and you have the risk of burning your account. I would rather to take the loss of my hedging order as it is hedging in wrong direction. Because when the hedging position is in loss, then the loss position to be hedged is also decrease its loss. I like to close...
Hedging is an art. It requires the presence of mind and an ability to take risks at points where the chances of hedging going bad is small.
Like Scale/grid entry, Hedging strategy needs a scale/grid of releasing locks.
It will work beautifully if you trade futures where swaps costs are not imposed.
Only MT5 is certified for futures trading. Not CFD trading. Only AMP futures provides CME futures trading.
So you have to develop MT5 EA.
I lock in hedges whenever I feel like sleeping, going out or facing compressed range trading giving no scope for release locks or taking any risk.
Maximum hedge can be kept for 3 months or less depending on the date of futures expiry.
I have kept it up to 2 months by hedging and bringing the margin to a neural. If I hedge with loss locked, only the loss will be less from margin capital.
If hedged with profit locked, then the margin will show more money.
I hedge with a profit of 50 pips if I want to take it to the exhaustion resistance level and then release Buy hedge with 50 pips profit locked. Giving space to the bear position to lose from profit plus some more risk money loss. I have seen most of the reversion moves take place from an All-time high after 12 H4 candles.
Dax has hit all-time high last Thursday and I am waiting for the reversion to take place. I have released my long position and waiting for a short position to
travel to the open of a long position, which is 120 pips away. At the moment I am making only 10 pips from the hedge released after waiting for 4 H4 candles.
This observation is for the DAx symbol.

Likewise, each symbol has to have a similar probable pattern (not guaranteed always). You have to draw a grid for your symbol dividing the daily range into 16 pip grids.
From 16 pips grids, you identify the reversion spots. It could be retracement or reversal.

You convert stop loss logic into hedging logic of using opposite direction to trade for exit on the hedging broker platform. No exit by way of stop loss.

It is like a semi-automated EA where you can't have the logic of using technical indicators to set up hedging. Hedging can only be done by a constant (not dynamic) of pips or % distance. You can always shift to manual trading to execute pyramiding or increasing positions depending on your reading of the price action or time action or understanding of the hot markets that can help you exit fast by ramping up positions. This kind of knowledge comes from experience or practice on demo.

Equity index trading is a fascinating game because of high volatility and momentum happening around known hours of Market Open, Market Close, Market converging with other markets, and gaining liquidity. Semi automated mode using EA like a wild horse rider during open of the market works well. But greed always takes over and it becomes difficult for the EA to rein in the wild horse. Only manual traders can handle hedging.

Forex volatility is 1/3 rd of index volatility and reversions happen too often. Only experienced traders can handle forex easily and that too in a semi-automated mode.
Practice makes a person perfect
  • #1,105
  • Aug 16, 2021 11:50pm Aug 16, 2021 11:50pm
Quoting TeChaoLiang
{quote} 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...
Is this version of Robin latest and indictors-free?
  • #1,106
  • Aug 17, 2021 12:27am Aug 17, 2021 12:27am
Quoting phrixusong
{quote} Is this version of Robin latest and indictors-free?
Robin_new_2.7 is the latest. Indicators-free? If you don't like indicators, don't check it.
  • #1,107
  • Aug 17, 2021 7:44am Aug 17, 2021 7:44am
Quoting simnz
{quote} Hedging is an art. It requires the presence of mind and an ability to take risks at points where the chances of hedging going bad is small. Like Scale/grid entry, Hedging strategy needs a scale/grid of releasing locks. It will work beautifully if you trade futures where swaps costs are not imposed. Only MT5 is certified for futures trading. Not CFD trading. Only AMP futures provides CME futures trading. So you have to develop MT5 EA. I lock in hedges whenever I feel like sleeping, going out or facing compressed range trading giving no scope...
I happen to have used hedging this morning in my real trading account.

I was losing 300 pips on nasdaq last night for positions sold. I simply locked the positions by buying in oppsite directions when my.margin % in terminal showed trades moving closure to liquidation after 30 pc more drawdown. So today after 18 hours expecting retracement liquidated bought positions. For an hour I saw margin capital touching 101 % and then it turned around and I ended up with gains from buy positions liquidated and gaining breakeven in my sold positions and margin at 114% showing profit .

So time given for the lock to work (18 hours in.my case) room given for relaese of lock to work (unhedging took 1 hour) can be put in the rules linkedd with margin deposit % if you want to use EA .
But key is coding the timing of the lock release.
If some thought is given to it, EA can be deployed for releasing the locks in an orderly manner.

As a manual trader I took the call depending upon my reading of the market. But my experience says EA can be coded.
Practice makes a person perfect
  • #1,108
  • Aug 17, 2021 12:23pm Aug 17, 2021 12:23pm
Quoting simnz
{quote} Hedging is an art. It requires the presence of mind and an ability to take risks at points where the chances of hedging going bad is small. Like Scale/grid entry, Hedging strategy needs a scale/grid of releasing locks. It will work beautifully if you trade futures where swaps costs are not imposed. Only MT5 is certified for futures trading. Not CFD trading. Only AMP futures provides CME futures trading. So you have to develop MT5 EA. I lock in hedges whenever I feel like sleeping, going out or facing compressed range trading giving no scope...
I happen to have used hedging this morning in my real trading account.

I was losing 300 pips on nasdaq last night for positions sold. I simply locked the positions by buying in oppsite directions when my.margin % in terminal showed trades moving closure to liquidation after 30 pc more drawdown. So today after 18 hours expecting retracement liquidated bought positions. For an hour I saw margin capital touching 101 % and then it turned around and I ended up with gains from buy positions liquidated and gaining breakeven in my sold positions and margin at 114% showing profit .

So time given for the lock to work (18 hours in.my case) room given for relaese of lock to work (unhedging took 1 hour) can be put in the rules linkedd with margin deposit % if you want to use EA .
But key is coding the timing of the lock release.
If some thought is given to it, EA can be deployed for releasing the locks in an orderly manner.

As a manual trader I took the call depending upon my reading of the market. But my experience says EA can be coded.
Practice makes a person perfect
  • #1,109
  • Aug 17, 2021 12:39pm Aug 17, 2021 12:39pm
Quoting TeChaoLiang
{quote} Robin_new_2.7 is the latest. Indicators-free? If you don't like indicators, don't check it.
Entry , TP and Hedging lock and unlock, relock all can be triggered by using margin level % rather than any other trading logic..
Risk management logic will trigger entry when margin level is say 200% at open time of market. Open time is your rationale for trading.
You dont need any other reason to trigger entry.
You have to have bias for up or down direction.

You can trigger trade at 200% , take profit
when margin level increases to say 220% and hedging happens when margin level drops to 190%.

I think this EA will work well.for indexes because open trading hours attract most volumes and provide a reason to trade.Even without a direction bias random trading can produce good results.
Practice makes a person perfect
  • #1,110
  • Aug 17, 2021 1:45pm Aug 17, 2021 1:45pm
[quote=simnz;13671280]{quote} Entry , TP and Hedging lock and unlock, relock all can be triggered by using margin level % rather than any other trading logic.

. Risk management logic will trigger entry when margin level is say 200% at open time of market.

Open time is your rationale for trading. You dont need any other reason to trigger entry. You may have bias for up or down direction.
So tming is with open hours. Logic is heavy bidding takes place during first open hour

You can trigger trade at 200% of your margin, take profit when margin level increases to say 220% and hedging happens when margin level drops to 190%.

I think this EA will work well.for indexes because open trading hours attract most volumes and provide a reason to trade.

Even without a direction bias random trading can produce good results.
Practice makes a person perfect
  • #1,111
  • Aug 17, 2021 2:40pm Aug 17, 2021 2:40pm
Just curious how you run this on backtesting when the buttons dont activate/ respond?
Learn, a forex trader must, unlearn and relearn he will.
  • #1,112
  • Aug 17, 2021 4:02pm Aug 17, 2021 4:02pm
Quoting simnz
Quoting simnz
{quote} Entry , TP and Hedging lock and unlock, relock all can be triggered by using margin level % rather than any other trading logic. . Risk management logic will trigger entry when margin level is say 200% at open time of market. Open time is your rationale for trading. You dont need any other reason to trigger entry. You may have bias for up or down direction. So tming is with open hours. Logic is heavy bidding takes place during first open hour You can trigger trade at 200% of your margin, take profit when margin level
...
I really like the idea to decide on base of margin level %...Icarus gas a hedging logic, but this will need some upgrades for beeing more efficient. Liking it to margin level could be a first step, will make some thoughts on this...Cheers
Green pips 2 all of us!
  • #1,113
  • Aug 17, 2021 4:03pm Aug 17, 2021 4:03pm
Quoting COGSx86
Just curious how you run this on backtesting when the buttons dont activate/ respond?
The buttons are only for manual interactions, the backtest will give you obv. the pure EA logic...cheers
Green pips 2 all of us!
  • #1,114
  • Aug 17, 2021 11:43pm Aug 17, 2021 11:43pm
Quoting MaPi
{quote}{quote} I really like the idea to decide on base of margin level %...Icarus gas a hedging logic, but this will need some upgrades for beeing more efficient. Liking it to margin level could be a first step, will make some thoughts on this...Cheers
I forgot to mention that timing is crucial for hedging positions to be unlocked . Essentially, you have to calculate what YOU think could be an exhaustion point for reversal of longs and an accumulation point for reversal of shorts.
For this I study volatility statistics linked to hours and week days to know the pattern which I can use for fixing my probable exhaustion and accumulation points. 80 % of time it works for me.
I focus on identifying exhaustion points and trading hours linkage by looking at statistics available on the net or by rquesting passionate Excel orogrammers to generate csv spreadshhets.

I am an Excel novice and would be happy to work with an Excel programmer to transfer my knowhow with no expectations. . Commonsense trading by EA or manually without doing any kind of news or topdown analysis.
Only oneoff effort at styuding Excel Reports .
No backtesting required. Trading methods are proven at producing 80 pc returns.
Which hours, which week days and what times are good for trading .

Which margin level for entry, TP and Hedging is good also will be based on Excel studies/statistics from 3 months of trading demos.

Designing Excel sheets is a one-time job. It is like developing a milching cow.
Practice makes a person perfect
  • #1,115
  • Edited Aug 19, 2021 12:53am Aug 18, 2021 11:36pm | Edited Aug 19, 2021 12:53am
Quoting MaPi
{quote}{quote} I really like the idea to decide on base of margin level %...Icarus gas a hedging logic, but this will need some upgrades for beeing more efficient. Liking it to margin level could be a first step, will make some thoughts on this...Cheers
I trade with patience and putting faith in hedging and reversion happening in a few hours and with a statistics based probable TP and reversion duration .
Choice of symbol is the key. Indexes ideal instruments for it.

Hedging gives me tremendous power forcing me to read the market carefully, exercise patience, control triggering fingers out of boredom.
For this strategy, you have to be clear it will work if you are aiming for small TP between 10% to 20% of daily price range and that too during Open Time, Close time or convergence with Data Release times (8.30 EST) , US Floor (cash) market open (9.30 EST) . This kind of strategy forces you to be a disciplined trader.
It is essential to conduct a probability study either by generated spreadsheet, or by generating statistics on the Chart (like the indicator achieved) .

You just have to have BIAS for selection of HOURS . Not really for direction.

Directional bias is also OK (it may give you some kick if you are proven right) but I avoid it because I am not an insider and like a designated market maker, I don't have access to order books.

Having tried to track their footprints on the chart (which you do admirably well) , I succeed sometimes and fail most of the times.

I don't aspire to be a forecaster and prefer to enjoy watching the game to gain insights from Price Action, Time Action, Volume Action.
That's all.

I have made trading life simple and manageable. I don't trade to kill boredom. I trade to make passively "Less Loss but lots of gains" money consistently and this is all I teach through a social non-profit organization that helps retirees and pensioners earn passive money and help university finance students get entry-level jobs in trading sector by using live cents trading records as testimonials.
Practice makes a person perfect
  • #1,116
  • Aug 20, 2021 12:55am Aug 20, 2021 12:55am
Hi MaPi

After testing and back testing decided to pull the trigger on something real.
I tried icarus M 3.3 on an real (small AUD) IC Markets Australia account (GBPUSD pair) and was getting 'hyperactive' account warnings to the point where my access to MT4 was shutdown. I think the EA was trying to resend something. The ea was doing it thing in a normal fashion aside from the 'hyperactivity'.
Is there any way to make the EA less noisy?
I am trying it on demo with restricted trading hours to see if that helps.
Also in strategy testing using a M1 timeframe shouldn't make any difference to the results should it?

Cheers
M
  • #1,117
  • Aug 20, 2021 5:49am Aug 20, 2021 5:49am
Quoting TeChaoLiang
{quote} Which EA you mean? Icarus or Robin? The Icarus_M_3.3 and Robin_new_2.7 are the newest versions so far. Plese refer to #post 907 for setting guide. https://www.forexfactory.com/thread/...2#post13591392
Thanks, I think "CALCULATE TAKE PROFIT" in Icarus is better than Robin.

While trading with trend, "SL" is welcomed to avoid fake BO and "Trailing profit" while BO is real.
  • #1,118
  • Aug 20, 2021 6:17am Aug 20, 2021 6:17am
Quoting mavking
Hi MaPi After testing and back testing decided to pull the trigger on something real. I tried icarus M 3.3 on an real (small AUD) IC Markets Australia account (GBPUSD pair) and was getting 'hyperactive' account warnings to the point where my access to MT4 was shutdown. I think the EA was trying to resend something. The ea was doing it thing in a normal fashion aside from the 'hyperactivity'. Is there any way to make the EA less noisy? I am trying it on demo with restricted trading hours to see if that helps. Also in strategy testing using a M1 timeframe...
Hi, I still prefer contra trend griding so I do not have real experience with 3.3, most likely your settings have been to aggressive or you hit MC? Cheers
Green pips 2 all of us!
  • #1,119
  • Aug 20, 2021 6:21am Aug 20, 2021 6:21am
Greets from Crete, the starting point of Icarus flight...Even after reducing initial volume after running my account from 1.4k to 10k + the EA is happy to be on his island and made good pips the last days. I have some new ideas, will post them after my retourn begin of next month, cheers!
Green pips 2 all of us!
  • #1,120
  • Aug 20, 2021 6:46am Aug 20, 2021 6:46am
[quote = mavking; 13675372] Hola MaPi Después de probar y volver a probar, decidí apretar el gatillo en algo real. Probé icarus M 3.3 en una cuenta real (pequeña AUD) de IC Markets Australia (par GBPUSD) y recibí advertencias de cuenta 'hiperactivas' hasta el punto en que se cerró mi acceso a MT4. Creo que el EA estaba intentando reenviar algo. El EA lo estaba haciendo de manera normal, aparte de la "hiperactividad". ¿Hay alguna forma de hacer que el EA sea menos ruidoso? Lo estoy probando en una demostración con horarios de negociación restringidos para ver si eso ayuda. Además, en las pruebas de estrategia, el uso de un marco de tiempo M1 no debería hacer ninguna diferencia en los resultados, ¿verdad? Saludos M [/ quote]

Hello, I had the same problem with Ic Markets, page 21, my mistake was to have Icarus in demo and in real, but notice in the messages of your mt4 that an indicator does not remember which one is sending many messages.
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