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Free Grid EA Ikarus - From zero to hero

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  • #1,601
  • Dec 27, 2021 3:06am Dec 27, 2021 3:06am
Quoting d.dalal333
QUENTION TO LAST POST ICARUS 4.31 ATR Progression faction 1 is non cumulative ? 2 is cumulative ? Like 3 ?, 4? Any more option is their.
Read post 1, cheers
Green pips 2 all of us!
  • #1,602
  • Dec 27, 2021 4:50am Dec 27, 2021 4:50am
Quoting d.dalal333
{quote} how it can be improve ? Any suggestion ?
Increase grid size will reduce the DD. Also, run B/T on M1 period will give you a more accurate result.
Use TickStory to prepare your history tick data and make the spread can be reflect to the Bid and Ask when running B/T.
If you ignore the spread in B/T, you will get a very exciting too good to be true result but totally not realistic.
  • #1,603
  • Dec 27, 2021 5:22am Dec 27, 2021 5:22am
Quoting techaoliang
{quote} increase grid size will reduce the dd. Also, run b/t on m1 period will give you a more accurate result. Use tickstory to prepare your history tick data and make the spread can be reflect to the bid and ask when running b/t. If you ignore the spread in b/t, you will get a very exciting too good to be true result but totally not realistic.
ok,
my testing in b/t in h4...more bcz less data avilable in m1 time frame period: 3months,6months maximum period i check. With near about running current spread,
  • #1,604
  • Edited 2:26pm Dec 27, 2021 10:52am | Edited 2:26pm
This is my front test with my new setting I most likely will start my challenge in 2022...Volume will be higher a little higher, lol...

Attached Image (click to enlarge)
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I expect a little outperforming on real account due to the fact my conditions I am trading on are better than demo spread of my broker (one of the nice things of grid trading, I traded so much volume it was easy to negotiate) and also because of the use of hot buttons.

Here is a quick and dirty BT with 0.7 pips (reflecting swaps):

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Will make my first YouTube Video hopefully untill end of week (only a hyperlapsed visual BT) and let you know YT Link when done, planing on weekly videos in English) starting from begin of next year. Videos will cover performance, knowledge and insight on Forex, Trading and off course the EA. Due to the fact I will try to hit the top 10 of Real Trading accounts here in FF (account is allready attached here) I ask for your understanding I will not disclose the settings, will use Icarus 4.31 for the start...

Will start with next to 4K €, having K as emergency fund behind (so max. I can loose the winnings of 2021 giving me a complete freeroll for 2022) on a 1:400 leverage in EURUSD, average spread will be 0.5 pips/no commission and tight swaprates (paying allready now on shorts in my favour)...

I am aware I could loose my 2022 winnings from EA when entering the challenge, biggest risk will be a higher DD than in 2021 BT on the beginning of trading (this is why I will hold 5k behind) and - off course - a doomsday DD. Happy to accept those risks and let Icarus fly, I may change starting volume of cycle to reflecting my risk appetite on the jouney, most likely starting aggressive and calming it down when account runs up and 2022 goes on...

Cheers!
Green pips 2 all of us!
  • #1,605
  • Dec 27, 2021 11:51am Dec 27, 2021 11:51am
Quoting TeChaoLiang
{quote} Martingale function is already in Icarus. Set the progression to 2, it is Martingale.
This is great . thanks.
Please - if possible, explain about some of the items that I have shown in the photo.
Tell me what they do?
Regards.
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  • #1,606
  • Dec 27, 2021 12:16pm Dec 27, 2021 12:16pm
Quoting alimann
{quote} This is great . thanks. Please - if possible, explain about some of the items that I have shown in the photo. Tell me what they do? Regards. {image}
3 of them are explained in post 1...last option is starting both cycles when indicator trigger is used...

Cheers
Green pips 2 all of us!
  • #1,607
  • Dec 27, 2021 3:16pm Dec 27, 2021 3:16pm
Quoting alimann
{quote} This is great . thanks. Please - if possible, explain about some of the items that I have shown in the photo. Tell me what they do? Regards. {image}
GS_Progression is set grid size progression. 0 means keep the same size, 1 means 1, 2, 3, ..., 2 means 1, 2, 4, 8,..., 3 means 1, 1, 2, 3, 5, 8.
Account_Risk use to control account risk, value from 0 to 1. If set to 0.3 means when equity is less than the account balance by 30% of account balance will close all orders and stop.
Show_Forecast 0 or 1, 1 means show the forecast information on the chart.
Initiate Both Cycle When Indicators is used means when indicators triggering a trade will initiate both buy and sell cycle. Original Icarus does not use indicators for triggering trade, it just beginning with both cycles at the same time. Select false, buy and sell cycle will be initiated separately.
  • #1,608
  • Dec 27, 2021 4:22pm Dec 27, 2021 4:22pm
Quoting TeChaoLiang
{quote} GS_Progression is set grid size progression. 0 means keep the same size, 1 means 1, 2, 3, ..., 2 means 1, 2, 4, 8,..., 3 means 1, 1, 2, 3, 5, 8. Account_Risk use to control account risk, value from 0 to 1. If set to 0.3 means when equity is less than the account balance by 30% of account balance will close all orders and stop. Show_Forecast 0 or 1, 1 means show the forecast information on the chart. Initiate Both Cycle When Indicators is used means when indicators triggering a trade will initiate both buy and sell cycle. Original Icarus...
Thank you very much.
For the great expert and for your helpful description
  • #1,609
  • Dec 27, 2021 4:23pm Dec 27, 2021 4:23pm
Quoting MaPi
{quote} 3 of them are explained in post 1...last option is starting both cycles when indicator trigger is used... Cheers
Thank you very much.
For the great expert and for your helpful description
  • #1,610
  • Dec 27, 2021 10:07pm Dec 27, 2021 10:07pm
Quoting MaPi
This is my front test with my new setting I most likely will start my challenge in 2022...Volume will be higher a little higher, lol... {image} I expect a little outperforming on real account due to the fact my conditions I am trading on are better than demo spread of my broker (one of the nice things of grid trading, I traded so much volume it was easy to negotiate) and also because of the use of hot buttons. Here is a quick and dirty BT with 0.7 pips (reflecting swaps): {image} {image} Will make my first YouTube Video hopefully untill end of week...

What version of Icarus did you use for this BT? And can you share your set file? Are you using the updated ATR code? I am asking, because the recently fixed dynamic ATR is a good breakthrough, we just need to determine sweet spot for setting dynamic range and tp multiplier. I have been doing some tests and they have very good BT results.
  • #1,611
  • Dec 28, 2021 2:37am Dec 28, 2021 2:37am
Quoting TeChaoLiang
{quote} GS_Progression is set grid size progression. 0 means keep the same size, 1 means 1, 2, 3, ..., 2 means 1, 2, 4, 8,..., 3 means 1, 1, 2, 3, 5, 8. Account_Risk use to control account risk, value from 0 to 1. If set to 0.3 means when equity is less than the account balance by 30% of account balance will close all orders and stop. Show_Forecast 0 or 1, 1 means show the forecast information on the chart. Initiate Both Cycle When Indicators is used means when indicators triggering a trade will initiate both buy and sell cycle. Original Icarus...

ICARUS 4.31ATR OR ANY OTHERS ICARUS.

Is it necessary to upload indicators to MT4 before start EA for DEMO or LIVE ? bcz various indicators are mention in EA... hence all to be installed for that particular pair ? or it is inbuilt... pl do guide me.....
  • #1,612
  • Dec 28, 2021 5:39am Dec 28, 2021 5:39am
Quoting francis79
{quote} What version of Icarus did you use for this BT? And can you share your set file? Are you using the updated ATR code? I am asking, because the recently fixed dynamic ATR is a good breakthrough, we just need to determine sweet spot for setting dynamic range and tp multiplier. I have been doing some tests and they have very good BT results.
This is done with Icarus 4.31...I was not able to check out the ATR version untill now, so I will stay with this version for the moment...I might switch to annother version when I see a plus for me...Cheers
Green pips 2 all of us!
  • #1,613
  • Dec 28, 2021 8:55am Dec 28, 2021 8:55am
Here you go:

Inserted Video


Cheers!
Green pips 2 all of us!
  • #1,614
  • Dec 28, 2021 8:59am Dec 28, 2021 8:59am
Quoting d.dalal333
{quote} ICARUS 4.31ATR OR ANY OTHERS ICARUS. Is it necessary to upload indicators to MT4 before start EA for DEMO or LIVE ? bcz various indicators are mention in EA... hence all to be installed for that particular pair ? or it is inbuilt... pl do guide me.....
No. The indicators are all built in.
  • #1,615
  • Dec 28, 2021 9:46am Dec 28, 2021 9:46am
I was just thinking ,looking below mentioned result in any version of icarus ,

1. Small below 1$ profit in each trade
2. Less maximal drawdown
3. Identify proper signal & trade take place & trade get close quickly (bot type)
4. If possible in 1 pair or in various pair

i am trying my best , if any one have done work on this pl do share details, if i am able to then will post.
  • #1,616
  • Dec 28, 2021 12:52pm Dec 28, 2021 12:52pm
Quoting TeChaoLiang
{quote} GS_Progression is set grid size progression. 0 means keep the same size, 1 means 1, 2, 3, ..., 2 means 1, 2, 4, 8,..., 3 means 1, 1, 2, 3, 5, 8. Account_Risk use to control account risk, value from 0 to 1. If set to 0.3 means when equity is less than the account balance by 30% of account balance will close all orders and stop. Show_Forecast 0 or 1, 1 means show the forecast information on the chart. Initiate Both Cycle When Indicators is used means when indicators triggering a trade will initiate both buy and sell cycle. Original Icarus...
If you someday will be doing new version of Ikarus, please make normal readable options. Not for reading posts in forum with explanation, but for normal people. With readable dropdown menus like Fibonacci and Martingale, without abbreviation, with percent, with "true" not "1" and etc.
  • #1,617
  • Dec 28, 2021 7:19pm Dec 28, 2021 7:19pm
Hi Mapi, you have such awesome video. Can you please share us the latest EA version and good testing result parameter?
  • #1,618
  • Edited 8:34am Dec 29, 2021 1:00am | Edited 8:34am
Quoting the7Gu3st
{quote} If you someday will be doing new version of Ikarus, please make normal readable options. Not for reading posts in forum with explanation, but for normal people. With readable dropdown menus like Fibonacci and Martingale, without abbreviation, with percent, with "true" not "1" and etc.
It is all described at the first page of this thread. The settings use “1”, “0” or true or false because that settings go directly as values that the code understands. It would be counter productive to make a drop down menu with “Martingale” this will just complicate the code.

The least you can do is to read this thread very well to understand all aspects of this wonderful Bot.

It’s not hard. And once you understand better, you can formulate your own settings for your liking.
  • #1,619
  • Dec 29, 2021 1:14am Dec 29, 2021 1:14am
Quoting spashiba
Hi Mapi, you have such awesome video. Can you please share us the latest EA version and good testing result parameter?
He already said he is using Icarus 4.31. And he already said he will not share his settings, for reasons because he wants to be on top of the trading accounts here in this forexfactory.

I was also asking for settings when i first discovered this. But as I read everything, you will understand well, and you can make your own effective settings.
  • #1,620
  • Dec 29, 2021 4:44pm Dec 29, 2021 4:44pm
Quoting francis79
{quote} He already said he is using Icarus 4.31. And he already said he will not share his settings, for reasons because he wants to be on top of the trading accounts here in this forexfactory. I was also asking for settings when i first discovered this. But as I read everything, you will understand well, and you can make your own effective settings.
Thank you Francis!

Many people think an EA means profits without putting in the work. If you handle Icarus like this I can guarantee you will not succeed...

First you need to understand the logic of the EA (BT/FT) and all settings. Everything is included in this thread, but as soon as I find time I will update post 1 on 4.31.
Than you have to find settings matching your risk appetite
I spend with backtesting of 4.31 at least 100 hours
Do also visual BT to get a feeling of duration of DD and cycle frequency
Then you need to confirm via FT
Then you can start trading

It is still work, you still need to put in hours!

Cheers
Green pips 2 all of us!
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