Free Grid EA Ikarus - From zero to hero

Quoting amrhamdy

Disliked

{quote} Hello Romiek, I am testing the new version but I noticed 2 scenarios First Scenario GridSize and Progression = 1 {image} as we can see here, we have 6 orders and this is the max number of orders but the prices goes up and didn't open any hedge orders Second Scenario GridSize and progression = 3 {image} As we can see here, the first hedge order opened and closed with the first order successfully. but after that there are 2 hedge orders opens at the same time one buy and one sell and we already reached the max number of sell orders = 6 orders...

Ignored

Quoting simnz

Disliked

{quote} Two areas you have to consider before starting the EA. Is the market choppy or going to be choppy? Is the market congestion happening or going to be happening? You simulate such situations, create scenarios and then find solutions and whether tool can cope with it assuming you correctly identfied such market environment. Sideways will work with any kind of hedging but how will you forecast the birth of Sideways market? Use an indicator or your eyes?

Ignored

Quoting simnz

Disliked

{quote} Two areas you have to consider before starting the EA. Is the market choppy or going to be choppy? Is the market congestion happening or going to be happening? You simulate such situations, create scenarios and then find solutions and whether tool can cope with it assuming you correctly identfied such market environment. Sideways will work with any kind of hedging but how will you forecast the birth of Sideways market? Use an indicator or your eyes?

Ignored

Quoting amrhamdy

Disliked

{quote} Hello Simnz, As you said any grid ea will be awesome and profitable if the market was in a sideway, but what if we entered using indicators or our eyes or any method and the price moves in one direction for a long time 100% we will lose our money So the solution is to set a SL or to hedge My Style: Using indicators to try to enter in the right direction one (Only one direction at a time) I preferer the hedging approach if the price moves in the opposite direction I want to thank All of you specially Romike for implementing the grid partial...

Ignored

Quoting MaPi

Disliked

Hey, sry for beeing silent, atm I am challenged from privat and businesses life. As you might have saw I was liquidated on the ECB press conference move, need to find time to do backtest, untill then I will go on using Icarus just when having an idea of direction... Cheers

Ignored

Quoting xxl205

Disliked

Hi guys, another sucessful week, 2.36% for me. All flat but EURNZD and NZDUSD was a bit bitchy and needed deeper pockets. Cleared all trades after 2:30pm news. {image}

Ignored

Quoting xxl205

Disliked

{quote} Hi MaPi, been there, done that ... Your mod here is a phenomenal trading tool, don't give up on it. Give up on hedging and EUR pairs. EURNZD was a buy signal this week, but came down due to the huge jump in the week before in EURUSD I guess. Go on, but my 2 cents are : WEEKLY LEVEL 3+ for general direction. Basta. Cheers and good luck, George !

Ignored

Quoting francis79

Disliked

{quote} Thank you for your share, Can you further expound on your strategy? Based on your post, you first determine the weekly direction and also the recommended pairs via your shared template. Once this is established, Are we suppose to use Icarus only in the direction of your template/indicator? (Run icarus one sided either buy or sell only) I would like to learn more about your technique. Thank you.

Ignored

Quoting xxl205

Disliked

Hi guys, thanks for this amazing modification of SMG ! Been using it for ages and was very happy to stumble upon this thread. USAGE : Fire up the Template 1 on GBPUSD H1 timeframe (or anything else with enough juice to move sometimes Template 1 : This is CCFP indi set to WEEKLY LEVEL 3. Renews on sunday market opening ONLY. This is your way to see the only pairs you're gonna trade. Then analyse the pairs in left corner. CCFP Indi gives you BUYs and SELLS. Disregard all other pairs. Then use for every pair told : Template 2 : For your LONG...

Ignored

Quoting wes93

Disliked

{quote} Thanks a lot for your instructions @xxl205, i have tried to load the CCFP to my chart but won’t load… do you have some suggestion? And also the settings preset? best regards Stefano

Ignored

Quoting Mofiiyah

Disliked

Hello, I want to say thank you for sharing the EA. I think it's a robust EA better then most on the market and it has a lot of potential. I've now been using an hedging EA for 3 years, it's connected to an neural network do do a little risk management and works like a charm. DD's can be huge but it never blew up an account as long as you have followed the risk guidelines. I've been testing Icarus the last days a lot and I would like to suggest and try out a few ideas, see how they would go. The first suggestion I'd like to make is the position sizing...

Ignored

Quoting xxl205

Disliked

{quote} Ciao Stefano, I had to investigate that first and yes, you are right, I could reproduce the bad behaviour. BUT : If you only use ONE timeframe in the settings, it works. I did not notice because I automatically do the settings first time I put the indi on chart. Thus it also works in my template, just checked that. Please see indi settings in picturebelow, cause you can't save them separately. I spared the pair disable settings below. You can also see the Trade_Level Settings there, right below Label3. Play with these, setting of 2 maybe...

Ignored

Quoting wes93

Disliked

{quote} Thanks a lot for your reply :-D With one time works but i don't understand how can i see which is the pair for the current week to trade. Could you give me some more info? Thanks a lot Stefano {image}

Ignored