{quote} Thanks MaPi, but how in the general settings. What should I change.
Free Grid EA Ikarus - From zero to hero
Hello.
I would appreciate this too. some thoughts why:
a) all the indicators make the EA really complex and quite difficult to use, also the chance to fall into a "curve fitting mode" is very high, if you know what I mean.
I still use the original version with the hot buttons* (I follow the signals of the market and my stomach
)
b) automated hedging is very dangerous in my eyes, at least for those with not so big pockets
Maybe I am wrong, but with the basic idea which that indicator provides, it becomes a bit safer.
*perhaps useful for some:
if you set the equity warning in the EA to a very small value, the hotbuttons will turn yellow and you will see more support lines. Then you can see exactly where the respective take profit moves when you trigger an order via the yellow buttons. In addition with a good idea where the market could go, I have recently mastered some difficult situations.
I would appreciate this too. some thoughts why:
a) all the indicators make the EA really complex and quite difficult to use, also the chance to fall into a "curve fitting mode" is very high, if you know what I mean.
I still use the original version with the hot buttons* (I follow the signals of the market and my stomach
)b) automated hedging is very dangerous in my eyes, at least for those with not so big pockets
Maybe I am wrong, but with the basic idea which that indicator provides, it becomes a bit safer.
*perhaps useful for some:
if you set the equity warning in the EA to a very small value, the hotbuttons will turn yellow and you will see more support lines. Then you can see exactly where the respective take profit moves when you trigger an order via the yellow buttons. In addition with a good idea where the market could go, I have recently mastered some difficult situations.
- #1,911
- Edited 8:25am Mar 4, 2022 5:17am | Edited 8:25am
{quote} Hi, just wonder about the indi, is this a version of ZigZag? I saw the indi repainting when checking it, so what will be the benifit of the indi in the EA? Cheers
I just thought what the heck, we're going martingale anyway
and it is part of my trading style to open multiple trades when that indi alarm pops up.Because often a normal grid is not enough to recover, as we all know. And to add trades when that indi shows it, has very often been helpful.
One has to work with a global stop loss though.
'twas just an idea, if it is easy to implement it would be nice, if not then just disregard it
Cheers George
"We are all just prisoners ... of our own device ..." (Hotel California)
{quote} Hi MaPi, yes IMHO it is. It repaints, nevertheless. I just thought what the heck, we're going martingale anyway
just wonder when to open trades on signal, just when the alarm hits (so we do not repsect repainting, right)?
I am fine with any indicator this forum here wants to add to the EA, but I can not implement it, I do not have coding skills.
Cheers
Green pips 2 all of us!
- #1,916
- Mar 5, 2022 5:32am Mar 5, 2022 5:32am
{quote} Hi MaPi, yes IMHO it is. It repaints, nevertheless. I just thought what the heck, we're going martingale anyway
Often when it starts painting a Top/ Bottum the volume starts
to decrease and price starts to increase dramatically (retail trader run) so we have to take this repainting thing very serious, especially when matingale comes in play…
Have a nice weekend
- #1,917
- Mar 5, 2022 3:56pm Mar 5, 2022 3:56pm
- Joined Jun 2007 | Status: trader | 1,703 Posts
{quote} Yes, that I guess is the main goal we're after, (half-)automatic unattended trading ;-) The reason I was posting in the thread is because I wanted to give my praises to Ikarus being a superb trading tool which helps me with my style. If I'd like to teach my style of trading, I will open another thread. So long, just keep going into direction of the WEEKLY LEVEL3+ with whatever method / tool you wish, of course. I have configured my ccfp-diff to NOT SHOW me any EUR and CHF pairs. GBPCAD got a little dumped too today, but I already closed...
Been test driving for a couple of days (only) and so far the results are awesome.
The CCfp_diff setting used is per your FRONTPAGE template, not excluding eur and chf pairs. But now I see you are excluding them.
Would be great if you would explain the reason for this configuration.
It's about two weeks ago; would you keep excluding them? If so for how long?
Many thanks in advance and have a nice weekend.
Akira
- #1,918
- Mar 5, 2022 4:31pm Mar 5, 2022 4:31pm
- Joined Mar 2010 | Status: Trader | 2,261 Posts
good to see you're having success with it. I've been testing for a couple of weeks now, and similarly it's made a great start for me
many thanks xxl205 for the share
blam
many thanks xxl205 for the share
blam
{quote} Hello xxl205 and thanks for your version of the system. Been test driving for a couple of days (only) and so far the results are awesome. The CCfp_diff setting used is per your FRONTPAGE template, not excluding eur and chf pairs. But now I see you are excluding them. Would be great if you would explain the reason for this configuration. It's about two weeks ago; would you keep excluding them? If so for how long? Many thanks in advance and have a nice weekend.
{quote} Hello xxl205 and thanks for your version of the system. Been test driving for a couple of days (only) and so far the results are awesome. The CCfp_diff setting used is per your FRONTPAGE template, not excluding eur and chf pairs. But now I see you are excluding them. Would be great if you would explain the reason for this configuration. It's about two weeks ago; would you keep excluding them? If so for how long? Many thanks in advance and have a nice weekend.
Well, EUR and CHF pairs may tend to move more unpredictable (or not at all) as others in my opinion. Due to the war we've had big moves in the other pairs.
I think I chose to not trade EUR and CHR pairs when there were around 15 pairs on display.
Glad that the main lessons I've leaned help you out. Do not hedge and take the bigger picture (weekly).
Cheers and happy trading in sad times to y'all. I don't know when I will resume live, maybe less lotsize.
George
"We are all just prisoners ... of our own device ..." (Hotel California)