Free Grid EA Ikarus - From zero to hero

Quoting Farzad666

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{quote} Yes, it should take profits but the amount of this profit depends on your settings. You should see lines that I indicate in the below screenshot: {image} The Dashed line which I indicated with a Blue line is the line on which EA will trigger a new position (SELL in this case) And the Solid RED line indicates the price that should take the profit. If you have issues check your settings and don't forget to set the "Show Forecast" to value "1" to see the mentioned lines on your chart.

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Quoting MaPi

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{quote} Out of interest, what are your setting in 4.2 for Dax and Dow? Are you trading CFD-Future or Cash? Cheers

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Quoting mcphrant

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{quote} 15M Settings for Icarus_2.2.1_Modified magic=11235 grid_size=20 gs_progression=3 take_profit=20 profit_lock=0.3 min_lots=0.1 equity_warning=0.2 account_risk=1.0 progression=3 max_positions=6 unbalance_control=0 max_spread=100 show_forecast=1 Indicators_Settings= Conjunct_Idx=true Bolinger_Band= Use_BB=true BB_tf=0 BB_Period=20 BB_Dev=2.0 BB_Shift=0 BB_Mod=0 Stochastic_Oscullator= Use_Stoch=true Stoch_tf=0 Stoch_K=65 Stoch_D=5 Stoch_Slowing=3 Stoch_Method=0 Stoch_Price=0 Stoch_Shift=0 Stoch_Lower=10.0 Stoch_Upper=90.0 Relative_Strength_Index=...

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Quoting MaPi

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{quote} Hi, pls check input on Stoch K, realy 65 or typo? Cheers

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Quoting crazydude

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Hi, I'm new to this thread. Seems like an awesome EA and thanks for sharing! I've tried but can't seems to get a good result. May I know which pairs these 2 EA works better on? Anyone can share some settings to begin with?

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Quoting Michelx

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Hi MaPi, thanks for sharing this EA. It works well in demo account. I wanted to ask, if this EA operates with only one manual order? That is, without opening orders in the opposite direction? I am looking in the options, but it seems that it trades both ways. My proposal is to trade only in Overbought or Oversold and Liquidity Zones, personally it makes more sense to "corner" the price, and hope that sooner or later it will move to where I want. Thanks again for sharing and for your response.

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Quoting MaPi

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{quote} Hi, you have three options for doing so: 1. Enable "Only Long / Only Short " in the EA settings 2. Use indicator funktion so just one cycle will be opened 3. Use manual hot buttons for the first trade, EA will handel the cycle after this Hope this helps, Cheers

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Quoting MaPi

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Hi, you have three options for doing so: 1. Enable "Only Long / Only Short " in the EA settings 2. Use indicator funktion so just one cycle will be opened 3. Use manual hot buttons for the first trade, EA will handel the cycle after this Hope this helps, Cheers

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Quoting TeChaoLiang

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Attached is Icarus with working time restriction version.

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Quoting MaPi

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Hi, you have three options for doing so: 1. Enable "Only Long / Only Short " in the EA settings 2. Use indicator funktion so just one cycle will be opened 3. Use manual hot buttons for the first trade, EA will handel the cycle after this Hope this helps, Cheers

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Quoting Michelx

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{quote} I think the point 1 you indicate: Enable "Long Only / Short Only" in the EA settings, you are referring to the Bollinger indicator, is that so?. If so, sorry for the confution. And in that sense, I am looking to see if there is any configuration so that the bollinger indicator does not take any buy or sell signal, and only continues with the GRID when the first order is placed. I don't know if I'm on the right track. I'm just trying to investigate and find a solution, since I use 2 EAS to do what Ikarus does. When you are able, I would appreciate...

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Quoting Michelx

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{quote} MaPi, I'm sorry, the EA keeps opening orders in both directions. I don't know what to do anymore. You gave me 3 options: 1. Enable "Only Long / Only Short " in the EA settings In the EA settings you don't see that option.

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Quoting TeChaoLiang

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What MaPi said "Only Long / Only Short " settings is from here. {image}

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Quoting Lopuch

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After restarting MT, if the trade is profitable, EA (Robin 1.1) will open another trade which will immediately close together with the original trade. This unnecessarily reduces the profit achieved. This error only occurs when restarting MT. I think it would be enough to add a time break for a new trade after a restart, unfortunately I do not know exactly where. Can someone help me? Thank you. {image}

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Quoting Farzad666

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{quote} Are you sure this is related to restarting meta trader? Because I've had almost the same problem in backtesting Robin and couldn't figure the problem so far.

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Quoting Lopuch

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After restarting MT, if the trade is profitable, EA (Robin 1.1) will open another trade which will immediately close together with the original trade. This unnecessarily reduces the profit achieved. This error only occurs when restarting MT. I think it would be enough to add a time break for a new trade after a restart, unfortunately I do not know exactly where. Can someone help me? Thank you. {image}

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Quoting TeChaoLiang

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{quote} It is not caused by restart of MT4. It is a normal close because the profit chasing order and the profit lock you set. When an order of the profit cycle reached its virtual TP, Robin will consider to add an additional order to chase the profit, and also, if you set a profit lock value other than 1, it will perform a profit lock function (something like a trailing stop). Robin will close all the orders in the profit cycle when the total profit is less than the profit lock factor multiply the maximum profit it ever reached. If you don't like...

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