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  • #1,461
  • Nov 8, 2021 8:08am Nov 8, 2021 8:08am
Quoting TeChaoLiang
{quote} My back test settings are almost the same with Mapi's settings except the lot size. I always run back test with M1, and every ticks mode. With the spread set to 9, which is my broker's spread. You have to aware that when you run a back test, you have to consider the spread. That depends on what tick history data you use. I found that only TickStory can let you embedded spread into your tick data when back testing. I take the average of the spread of my broker so that the back test result will more realistic to the forward testing.
Thank you for your reply !
  • #1,462
  • Nov 8, 2021 11:22am Nov 8, 2021 11:22am
Success with Martingale & Hedge - Possible?
https://www.forexfactory.com/thread/...hedge-possible
  • #1,463
  • Edited 1:00pm Nov 8, 2021 12:20pm | Edited 1:00pm
Quoting MaPi
{quote}Honestly, I did not calculate that, but I trust in Mr.Trader who sayed he did, and without calculating it seems a worthy try, am I wrong? How hard is it to code that logic into Icarus? When it is easy I think we should have a try to find out via backtest... Cheers
The hedging method of Mr. Trader has to make a big modification of Icarus such that would rather to develop a new EA. To modify Icarus is much more difficult comparing to developing a new EA.
The against trend nature is the base of profitability of Icarus, also a dangerous to the account when price has a big move. Hedging is incompatible to the against trend trading logic. If we change the against trend nature of Icarus, then we can do hedging. However, if against trend nature of Icarus is changed, the profitability of Icarus is also lost. One just can't keep the profitability of Icarus in one hand and use hedging to prevent from crashing in another hand. Logically and theoretically, it is a dilemma cannot be solved.
  • #1,464
  • Nov 9, 2021 4:01am Nov 9, 2021 4:01am
Quoting TeChaoLiang
{quote} The hedging method of Mr. Trader has to make a big modification of Icarus such that would rather to develop a new EA. To modify Icarus is much more difficult comparing to developing a new EA. The against trend nature is the base of profitability of Icarus, also a dangerous to the account when price has a big move. Hedging is incompatible to the against trend trading logic. If we change the against trend nature of Icarus, then we can do hedging. However, if against trend nature of Icarus is changed, the profitability of Icarus is also lost....
Hello, I do respect your opinion but I disagree. Hedging in a against the trend grid is never aiming for complete safty, but for more lifetime of the account (e.g. atm I can handle 250 pips of movement, with a hedge I would try to gain this distance to 500 - 750 pips, and triple so my possibility of survival).

For me personaly I will not change my style of trading agains the trend on my fun account. So yes, we could open up the next thread and discuss a new EA, but you would get the same request (against the trend, hedging), so I do not see a point to do this step.

You talk about big modifications, but when we use Farzad version what is still to do here? We need to include Hedges in the calculation of Profit goal, and add functionalyity of Hedge TP (out of my head 10 percent) and the option to stay on same volume after a certain order...

Out of your perspective, what are the next things you would add to Icarus?

Cheers
Green pips 2 all of us!
  • #1,465
  • Nov 9, 2021 4:47am Nov 9, 2021 4:47am
Hi all,
It seems to me that nothing is achieved as desired so for. Is there any of you is serious coder and strategy holder?
Pls PM me to dicussed with and will find perfect strategy inside

Warm Regards
  • #1,466
  • Nov 9, 2021 6:15am Nov 9, 2021 6:15am
Quoting Mmaj
Hi all, It seems to me that nothing is achieved as desired so for. Is there any of you is serious coder and strategy holder? Pls PM me to dicussed with and will find perfect strategy inside Warm Regards
I would appreachate to have the disccussion here in the forum instead of in private mails, I think you will understand this. I am more than interested for any new ideas (except indicators, wen need to improve the core logic, indis will not help here)...Cheers
Green pips 2 all of us!
  • #1,467
  • Nov 10, 2021 3:42am Nov 10, 2021 3:42am
Quoting TeChaoLiang
Hello all, here is my thoughts on Flying Robin EA: I hope this robin can dynamically adapt to the wind to chase high, chase low, or hover to keep profits. It adopts virtual TP and virtual SL which are similar to Icarus. The calculation of virtual TP and virtual SL depends on the grid size. The following is abbreviated as TP and SL for simplicity. The difference is that when an order touches its SL, that will be regarded as a potential trending signal, and two opposite orders will be placed at the same time. One of these two orders is used to lock...
Hi Professor

I've been running Robin 1.0 on my Cent account consistently from the 01 Nov and I'm quite comfortable. What I've realised though is that, versions after 1.1 only shows buttons and the rest of the information doesn't appear even after I've engaged "show/hide comments button". Perhaps it's bug or something. If your Robin_new_2.7 version is fine could you please forward it, and if you have any new development on Robin also feel free to furnish one. Like MaPi alluded before, With or Against the trend will always be the topic in trading, that's why I'm personally proud of this thread, contributors as well as this two products up to so far. I just felt in love with hedging and it's all thanks to this thread.

Cheers!
  • #1,468
  • Nov 10, 2021 7:02am Nov 10, 2021 7:02am
Quoting leratamaloke
{quote} Hi Professor I've been running Robin 1.0 on my Cent account consistently from the 01 Nov and I'm quite comfortable. What I've realised though is that, versions after 1.1 only shows buttons and the rest of the information doesn't appear even after I've engaged "show/hide comments button". Perhaps it's bug or something. If your Robin_new_2.7 version is fine could you please forward it, and if you have any new development on Robin also feel free to furnish one. Like MaPi alluded before, With or Against the trend will always be the topic in...

Hi leratamaloke, Can you please share download ex4 link here of your Robin EA so that i can try it on demo account. Regards
  • #1,469
  • Nov 10, 2021 7:55am Nov 10, 2021 7:55am
Quoting MaPi
{quote} Hello, I do respect your opinion but I disagree. Hedging in a against the trend grid is never aiming for complete safty, but for more lifetime of the account (e.g. atm I can handle 250 pips of movement, with a hedge I would try to gain this distance to 500 - 750 pips, and triple so my possibility of survival). For me personaly I will not change my style of trading agains the trend on my fun account. So yes, we could open up the next thread and discuss a new EA, but you would get the same request (against the trend, hedging), so I do not...
I absolutely agree with MaPi here. At the moment I am keeping quiet and trying to learn from you, so my contribution is rather modest.
However, I would like to follow the approach, of high opportunity combined with high risk( Post1450), as well as the above mentioned longer survivable movement through the use of hedging, which the account can handle. cheers
  • #1,470
  • Nov 10, 2021 9:37am Nov 10, 2021 9:37am
Quoting Mmaj
{quote} Hi leratamaloke, Can you please share download ex4 link here of your Robin EA so that i can try it on demo account. Regards
Hi Mmaj
It's not my work however, everything is available on the thread. Go to page 26 to access the source code, thanks.
  • #1,471
  • Nov 11, 2021 1:12am Nov 11, 2021 1:12am
Quoting leratamaloke
{quote}versions after 1.1 only shows buttons and the rest of the information doesn't appear even after I've engaged "show/hide comments button". Perhaps it's bug or something.
For later Robin version, I had removed show comments out. So, nothing to show.
  • #1,472
  • Nov 11, 2021 3:52am Nov 11, 2021 3:52am
Quoting TeChaoLiang
{quote} For later Robin version, I had removed show comments out. So, nothing to show.
Understood, thanks.
  • #1,473
  • Nov 12, 2021 8:30am Nov 12, 2021 8:30am
Quoting Farzad666
{quote} & {quote} Guys help me out here I got a bit confused. Till now I thought we're going to continue on progression after opening the first hedge. Imagine we start hedging on 6th position with 8 lot volume and we are on a buying cycle where the trend is downward badly! and our hedges are being opened one after another! Our volume is as followed: 1 , 1 , 2 , 3 , 5 Here the first hedge opens and we'll have: Blue : BUY Red : Sell 1 , 1 , 2 , 3 , 5 , 8 , 8 Then: 1 , 1 , 2 , 3 , 5 , 8 , 8 , 8 , 8 1 , 1 , 2 , 3 , 5 , 8 , 8 , 8 , 8 , 8 , 8 1 , 1 ,...
Looks correct, yes!
This is the idea! If we code this in that manner the EA can be stabilised.
  • #1,474
  • Nov 14, 2021 7:27am Nov 14, 2021 7:27am
Quoting MaPi
{quote} So yes, we could open up the next thread and discuss a new EA, but you would get the same request (against the trend, hedging), so I do not see a point to do this step. ... Out of your perspective, what are the next things you would add to Icarus? Cheers
I would add nothing to Icarus. It is a truth that against the trend and hedging are mutually exclusive, they can not be both exist. So, (against the trend, hedging) is a ridiculous requirement. I can, but I won't code hedging into Icarus for the purpose of refining Icarus. So far, I didn't see any sound and effect idea on this thread that can add hedging into Icarus to make it better.
  • #1,475
  • Nov 16, 2021 2:47am Nov 16, 2021 2:47am
Quoting TeChaoLiang
{quote} I would add nothing to Icarus. It is a truth that against the trend and hedging are mutually exclusive, they can not be both exist. So, (against the trend, hedging) is a ridiculous requirement. I can, but I won't code hedging into Icarus for the purpose of refining Icarus. So far, I didn't see any sound and effect idea on this thread that can add hedging into Icarus to make it better.
OK, as you wish, thank you again for the work you have put into the EA and all the best to you...

Pretty sure we ill find other coders to push the project further...Cheers
Green pips 2 all of us!
  • #1,476
  • Nov 16, 2021 7:09am Nov 16, 2021 7:09am
So I think that this thread is finally going in the right direction: making the grid "trend-safe". Thanks for that, as I think trying to find indicators--besides MAs and amount of ticks per second--feels like astrology rather than actual smart trading.

Quoting Farzad666
{quote} & {quote} Guys help me out here I got a bit confused. Till now I thought we're going to continue on progression after opening the first hedge. Imagine we start hedging on 6th position with 8 lot volume and we are on a buying cycle where the trend is downward badly! and our hedges are being opened one after another! Our volume is as followed: 1 , 1 , 2 , 3 , 5 Here the first hedge opens and we'll have: Blue : BUY Red : Sell 1 , 1 , 2 , 3 , 5 , 8 , 8 Then: 1 , 1 , 2 , 3 , 5 , 8 , 8 , 8 , 8 1 , 1 , 2 , 3 , 5 , 8 , 8 , 8 , 8 , 8 , 8 1 , 1 ,...
I don't think I understand this part properly here though.

Let's say the EA has opened order #1 (1 lot), #2 (2 lots), #3 (3 lots) and #4 (5 lots), all long positions, but the price keeps on going down. Using you guys logic, the EA would open the "hedge" which is position #5 long and #6 short, both 8 lots. And then from there, either:

 

  1. The price keeps on going down still. The idea would be to wait for order #6 to overcome #1 negative floating + spread + swaps to close (#1, #6) neutral or in profit. But then? If we open a new "hedge" (#7 long and #8 short, both 8 lots) and use #8 to close out #2, we actually still have #5 and #7 long with huge lots so overall we're still facing big drawdown right?
  2. The price goes back up. Here, what's the exact strategy?


Looking forward for your replies guys, as I think digging into this is the key to success.

  • #1,477
  • Nov 16, 2021 9:36am Nov 16, 2021 9:36am
finally finished reading
LUCKY golden trades, LUCKY gold investor trading style
  • #1,478
  • Edited 4:08pm Nov 16, 2021 3:42pm | Edited 4:08pm
Quoting marengo10021
I don't think I understand this part properly here though. Let's say the EA has opened order #1 (1 lot), #2 (2 lots), #3 (3 lots) and #4 (5 lots), all long positions, but the price keeps on going down. Using you guys logic, the EA would open the "hedge" which is position #5 long and #6 short, both 8 lots. And then from there, either: The price keeps on going down still. The idea would be to wait for order #6 to overcome #1 negative floating + spread + swaps to close (#1, #6) neutral or in profit. But then? If we open a new "hedge" (#7 long and #8...
It is what I mentioned, hedging cannot solve the problem. When the price continue going down the hedging orders only keep the loss in a constant speed. Eventually, soon or later, the EA will crash.
Theoretically and logically, hedging mechanism cannot be added into an against-trend grid trading EA (Icarus) to make it safer or better.
If hedging could be a solution to prevent Icarus from crashing, I would have coded hedging mechanism into Icarus and that will makes Icarus a Holy grail EA. As we already know, there is no Holy grail EA exist.
Agree or disagree won't change the fact that hedging and against-trend are mutually exclusive. If not because of this fact, Icarus could become a holy grail EA.
I can code a with-trend EA, also, I can code an against-trend EA, but I won't code an against-fact EA.
  • #1,479
  • Nov 16, 2021 7:44pm Nov 16, 2021 7:44pm
there could be a way, you can use more than 1 ea at 1 time, only this can't be done using back test, must be done by forward test. few times I have to use my ea to defend other's martingale counter trend ea.

easier and safer way is not to use martingale, but there could be way, because price never go in straight line, and using more than 1 ea could be better because to put everything in 1 ea may not be possible, especially when it is a martingale ea.
LUCKY golden trades, LUCKY gold investor trading style
  • #1,480
  • Nov 16, 2021 8:21pm Nov 16, 2021 8:21pm
Quoting TeChaoLiang
{quote} Yes. I can explain it. From Icarus 4.1 on, including 4.2, Icarus will open both directions buy and sell orders when the trigger condition is satisfied. The reason is, I think the original Icarus initiates both buy and sell cycles make sense and I want Icarus can go back to its original behavior even you use a trigger condition to initiate a first cycle. As I mentioned before, I suggest you can set indicators for triggering the first cycle as follows. Use BB invert and RSI or STO invert to set your trigger condition for the very first cycle,...
can you make it close all trades when equity is above say 1% of the current balance? then restart new trades and close all trades again when equity is above 1% of the new balance again and repeat the cycle again.
LUCKY golden trades, LUCKY gold investor trading style
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