Free Grid EA Ikarus - From zero to hero

Quoting Farzad666

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{quote} I downloaded Robin_new 2.7 and checked it there is the same problem in backtesting. The thing is when for example the EA opens a long position, and it goes toward the TP line, at the exact moment of touching the TP line and closing the long order, it takes a new long and closes it simultaneously with the first position. Therefore, there are 2 closed trades which one of them (the second one) is in loss of spread amount. Check the attachment please to clarify. {image} I can see the code lines to check where is the problem but I need time to...

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Quoting SirLuk

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I've backtested various settings with 99.9% quality (data from Dukascopy) going back to various stages of the market...latest is 2016.

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Quoting SirLuk

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Concerning my hedge, what I did now is the following. I tested with the EurUsd for the year 2020 because it's the worst. Minimum lots is 0.1, 6 max positions, 20 grid, progression 3. Whenever the 6th position opens (0.8 lots), I immediately open a hedge in the opposite direction double the value of the 6 positions combined...so 4 lots in this case. If the trend continues, I close out all trades after 100 pips at breakeven. I then wait and start the EA again when I feel the trend is over. If price goes gainst the hedge, I close out when the EA closes...

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Quoting SirLuk

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Hi TeChaoLing, thanks for your input and all the work you've done with Icarus and Robin. First of all, let me say, I'm not in the least suggesting you to change the EA...this is Mapis idea and a lot of people like you have put time and effort into Icarus (and Robin). I'm only explaining how I use Icarus at the moment, and that I'm doing it manually because I can't code. In my view, there will always be the need for manual intervention, as many have stated before. I believe I do know how Icarus works...the system is after all not that complicated....

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Quoting Mark9999

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Sirluk thanks for your idea on hedging. I've been trying to get hedging working for a while now. I'll give your method a try. My only concern is that more often than not I feel the trade will pull back and I'll lose on the hedge. The skill would be when and how much you hedge against your trade depending on the volatility of the symbol to reduce the times your hedge turns into a loss.

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//+------------------------------------------------------------------+
//  BB trigger Icarus M 2.2.4
//+------------------------------------------------------------------+
bool BB_Buy()
  {
   double BBL=iBands(Symbol(),BB_tf,BB_Period,BB_Dev,0,PRICE_CLOSE,MODE_LOWER,BB_Shift);
   double BBU=iBands(Symbol(),BB_tf,BB_Period,BB_Dev,0,PRICE_CLOSE,MODE_UPPER,BB_Shift);
    if (BB_Mod==ASK_BID && Ask < BBL) return(true);
    if (BB_Mod==HIGH_LOW && Low[0] < BBL) return(true);
    return(false);
  }
bool BB_Sell()
  {
   double BBL=iBands(Symbol(),BB_tf,BB_Period,BB_Dev,0,PRICE_CLOSE,MODE_LOWER,BB_Shift);
   double BBU=iBands(Symbol(),BB_tf,BB_Period,BB_Dev,0,PRICE_CLOSE,MODE_UPPER,BB_Shift);
    if (BB_Mod==ASK_BID && Bid > BBU) return(true);
    if (BB_Mod==HIGH_LOW && High[0] > BBU) return(true);
    return(false);
  }
  
//+------------------------------------------------------------------+
//  BB trigger Icarus M3.3
//+------------------------------------------------------------------+
bool BB_Buy()
  {
   double BBL=iBands(Symbol(),BB_tf,BB_Period,BB_Dev,0,PRICE_CLOSE,MODE_LOWER,BB_Shift);
   double BBU=iBands(Symbol(),BB_tf,BB_Period,BB_Dev,0,PRICE_CLOSE,MODE_UPPER,BB_Shift);
    if (BB_Mod==ASK_BID && Ask > BBU) return(true);
    if (BB_Mod==HIGH_LOW && Low[0] > BBU) return(true);
    return(false);
  }
bool BB_Sell()
  {
   double BBL=iBands(Symbol(),BB_tf,BB_Period,BB_Dev,0,PRICE_CLOSE,MODE_LOWER,BB_Shift);
   double BBU=iBands(Symbol(),BB_tf,BB_Period,BB_Dev,0,PRICE_CLOSE,MODE_UPPER,BB_Shift);
    if (BB_Mod==ASK_BID && Bid < BBL) return(true);
    if (BB_Mod==HIGH_LOW && High[0] < BBL) return(true);
    return(false);
  }

Quoting Jippykaze

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Hi All, Currently i'm testing Icarus M 3.3, i read from first page until this page. Can someone explain what the different between below Bollinger Band setting ? //+------------------------------------------------------------------+ // BB trigger Icarus M 2.2.4 //+------------------------------------------------------------------+ bool BB_Buy() { double BBL=iBands(Symbol(),BB_tf,BB_Period,BB_Dev,0,PRICE_CLOSE,MODE_LOWER,BB_Shift); double BBU=iBands(Symbol(),BB_tf,BB_Period,BB_Dev,0,PRICE_CLOSE,MODE_UPPER,BB_Shift); if (BB_Mod==ASK_BID && Ask < BBL)...

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Quoting sobhan

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{quote} Hello my friend I reached the following results: time frame: H1 BandsDeviations = 2.5

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Quoting phrixusong

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{quote} Icarus M 2.2.4 trigger buy/sell against BB trend while Icarus M 3.3 follow BB the trend. I am not quite sure, please test to verify. As BB indictor(and most indictors) is repainting, following indictors could result drawdown.

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Quoting phrixusong

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{quote} Icarus M 2.2.4 trigger buy/sell against BB trend while Icarus M 3.3 follow BB the trend. I am not quite sure, please test to verify. As BB indictor(and most indictors) is repainting, following indictors could result drawdown.

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Quoting TeChaoLiang

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{quote} I had implemented two single position trading EAs for trending and ranging market. I didn't share them here because they are not grid trading EAs. But I can show you a back testing result of the EA for trending market. Begin with 1000 account balance, XAU 0.3 lots, from 2021.01.01 - 2021.07.30, the result account balance is 14709.10 as the attached graph shown: {image}

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Quoting libra_reserv

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{quote} It sounds good, Would be great if you can share that EA with implementation for try please, if not possible you can share in pm, warm regards,

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