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Attachments: Free Grid EA Ikarus - From zero to hero
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Free Grid EA Ikarus - From zero to hero

Quoting GCA
{quote} Thanks MaPi, but how in the general settings. What should I change.
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Quoting francis79
{quote} {image}
Thanks for the thorough answer
Quoting GCA
{quote} Thanks for the thorough answer
Another technique is to use RSI Trigger on the settings, you can set your RSI in such a way that it will never trigger buy or sell.
Quoting francis79
{quote} Another technique is to use RSI Trigger on the settings, you can set your RSI in such a way that it will never trigger buy or sell.
True, this is my technique, too...Settings do not open trades, so I can do this by hot buttons

Cheers
Green pips 2 all of us!
Hey MaPi, you wouldn't by chance consider to implement opening trades via the attached indicator ?

That would be a blast ... ;-)
Attached File(s)
File Type: mq4 channel-signal new.mq4   9 KB | 452 downloads
"We are all just prisoners ... of our own device ..." (Hotel California)
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.
Quoting xxl205
Hey MaPi, you wouldn't by chance consider to implement opening trades via the attached indicator ? That would be a blast ... ;-) {file}
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
Green pips 2 all of us!
Quoting MaPi
{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
Mapi,

If you were to consider a moving average, the Compound Ratio Moving Average (CoRa_Wave) by RedK Trader seems to have all of the best characteristics that I have found. The JMA is the only other thing that is close, I think. Please take a look. See attached.

Umberleigh
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Quoting francis79
{quote} {image}
Hi MaPi and francis79,
Which verson is this? Where can i find its exe file to download. Please help me.

Regards
Quoting Umberleigh
{quote} Mapi, If you were to consider a moving average, the Compound Ratio Moving Average (CoRa_Wave) by RedK Trader seems to have all of the best characteristics that I have found. The JMA is the only other thing that is close, I think. Please take a look. See attached. Umberleigh {image} {image}
Hi, interesting, is ther a thread here in the forum where the MA is explained? Cheers
Green pips 2 all of us!
Quoting MaPi
{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
Hi MaPi, yes IMHO it is. It repaints, nevertheless.

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)
Quoting xxl205
{quote} Hi MaPi, yes IMHO it is. It repaints, nevertheless. 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
Hi George,

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!
Quoting MaPi
{quote} Hi, interesting, is ther a thread here in the forum where the MA is explained? Cheers
Hi Mapi,

I do not think so. There is a nice write up on the indicator on Trading View. I believe that this indicator could keep Icarus on track and out of the the deep drawdowns.

Umberleigh
Quoting MaPi
{quote} Hi, interesting, is ther a thread here in the forum where the MA is explained? Cheers
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Quoting MaPi
{quote} Hi, interesting, is ther a thread here in the forum where the MA is explained? Cheers
If the Compound Ratio Moving Average (CoRa_Wave) were to be integrated into Icarus, I believe it would need to be traded "with the trend" as it would average into pullbacks in the main trend, which should keep Icarus quite safe. The precision of CoRa_Wave would not allow Icarus to get caught in a massive move against the trend.

Most probably, I would partner Icarus with a CoRa_Wave EA so that we could ride the trend with CoRa-Wave while Icarus cleans up the pullbacks.

Umberleigh
Quoting xxl205
{quote} Hi MaPi, yes IMHO it is. It repaints, nevertheless. 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
Well, this is very similar to the Semaphore Indicator (where ZigZag is also in play…)

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
Quoting xxl205
{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...
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.

Akira
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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

Quoting RisingSun
{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. Akira {image}
Quoting RisingSun
{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. Akira {image}
Hello Akira, thanks a lot for sharing your experience, I am pleased to hear that my contribution was / is somewhat helping to steer these rough forex waters ;-)

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)
Quoting blamshakk
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 {quote}
Heya Blam, also thanks to you for the words and sharing your success !

Just go on, stick to the rules and test test test until you are confident to go live.

Cheers, George !
"We are all just prisoners ... of our own device ..." (Hotel California)
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