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Free Grid EA Ikarus - From zero to hero

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  • #1,941
  • Mar 15, 2022 5:56pm Mar 15, 2022 5:56pm
İ have an hedging idea to be coded to the ikarus EA.İs there any body to code this to the EA.
  • #1,942
  • Mar 16, 2022 12:31am Mar 16, 2022 12:31am
Quoting MaPi
My house, my rules: NO Trolls. NO discussion of other non-related systems or topics. NO discussion of commercial materials (Brokers, Paid Products, etc). NO attacking and disrespecting other members. RULE BREAKERS WILL BE IGNORED WITHOUT NOTICE! Hello, I am trading since the year of 2000. I do use different strategies and styles, but some years ago I fall in love with grid trading. Yes, I – and hopefully you – know, it is high risk, and when you try like me to gain performance 100% + a year at some point you will always hit the doomsday drawdown...
Hello MaPi,
Good EA you have here. Just a request, can you do a version where not using trailing stop please? I just want it to close once set TP reach without trailing stop. Also any coder who can help I really appreciate.
Trend. Price. And nothing else matters.
  • #1,943
  • Mar 16, 2022 12:35am Mar 16, 2022 12:35am
Quoting forex_lover
{quote} Hello MaPi, Good EA you have here. Just a request, can you do a version where not using trailing stop please? I just want it to close once set TP reach without trailing stop. Also any coder who can help I really appreciate.
Just set profit lock to 1.0 to solve your request.
  • #1,944
  • Mar 16, 2022 12:52am Mar 16, 2022 12:52am
Quoting francis79
{quote} Just set profit lock to 1.0 to solve your request.
I tried but not working. It goes far beyond TP line without close.
Trend. Price. And nothing else matters.
  • #1,945
  • Mar 16, 2022 12:56am Mar 16, 2022 12:56am
Quoting MarianoM
{quote} Scelgo la coppia più instabile semplicemente analizzandola nel grafico mensile/settimanale. Non ho alcun metodo per determinare quale coppia è più instabile, solo un'azione sui prezzi, ad esempio quelle che si trovano all'interno di un triangolo o che sono state agitate per un po'. CADCHF era all'interno di un triangolo fino a poco tempo fa è scoppiato, quindi non sembra più essere l'opzione migliore. {quote} ecco come funziona Ikarus 2.2 EA, apre sia l'acquisto che la vendita allo stesso tempo. {quote} Non so cosa intendi....Ikarus è un...
Starting in both directions is bullshit. Useless expense and waste of time. Coverage is too. Trading requires a choice that is sometimes good and sometimes bad. The trading system has to remedy when it goes wrong.
  • #1,946
  • Mar 16, 2022 7:06am Mar 16, 2022 7:06am
Quoting forex_lover
{quote} I tried but not working. It goes far beyond TP line without close.
That's precisely my point. You have to close profitable trades manually....it would be great to have a TP function
  • #1,947
  • Mar 16, 2022 7:12pm Mar 16, 2022 7:12pm
Thanks, Mapi, going to trial on demo and see how it goes. Thanks for sharing
  • #1,948
  • Mar 17, 2022 12:02am Mar 17, 2022 12:02am
Quoting forex_lover
{quote} I tried but not working. It goes far beyond TP line without close.
At the take profit line, it passes beyond and does not close with profit lock set to 1.0? I have tested extensively and do not have this problem. What version are you using?
  • #1,949
  • Mar 17, 2022 7:20am Mar 17, 2022 7:20am
Quoting francis79
{quote} At the take profit line, it passes beyond and does not close with profit lock set to 1.0? I have tested extensively and do not have this problem. What version are you using?
I know for 2.2 and when I used later versions I saw the same thing. Maybe it's my misunderstanding of what profit lock means though. In the following picture (2.2) you can see the blue line being the 'take profit' however the price goes way above it, locks and then drops back down again below 'take profit' without closing the buy side.

Attached Image

Using a profit lock of 1.0 it was the following:

Current Profit: $1.91
Goal:$2
Maximum reached: $4.91
Profit locked: $4.91

Here is the result after some more time:

Attached Image

Current Profit: $-4.26

With profit lock of 1.0 shouldn't it of just closed at $2? I was half expecting it to close the buy when it dropped back down to the 'take profit' goal but I didn't expect it to keep dropping to a 'large' loss.
  • #1,950
  • Mar 17, 2022 9:13am Mar 17, 2022 9:13am
After checking 4.31 using the same values / settings the functionality works as expected, the buy trades in the same scenario are closed correctly. You can ignore my previous post. I'll just have to use the later version and disabled any extra features I don't need.
  • #1,951
  • Mar 19, 2022 12:54am Mar 19, 2022 12:54am
This thread has been quiet lately with regards to further development. I sense that a lot of us are already profitable with our own settings and adjustments.

Maybe just to keep the fire alive in this thread. I would like to share my expectations whenI set up Icarus for my own use.

I use it on Eurusd only because this is where i am most comfortable with. I studied long trending situations on this pair over the past 3 years.

That is why my 99.9% backtest workflow is based on the last 3 year period.

Using BB as my only trigger,
Using progression - 3 fibonaci
using gs_prog - 0 fixed - this should be carefullly thought of as too small will burn you, too big will give you long drawdowns. (Best to control in ATR)
Using ATR, this is the best kept secret, have the right mix of period, gs_multiplier and tp multiplier for the ATr and you will not have big drawdowns. the small retracements would hit my take profit 85% of the time.
By using ATR: dynamic grid size and dynamic tp is really a game changer. I know a lot has not been using this. But you really have to study this. By having static GS and static TP, you will get burned on contratcting or expanding grid size.


Backtest has to survive for 3 years
Backtest will have static lot size of .01, Scaleability will be easy once we have baseline.
Backtest should not have a maximal drawdown bigger than 90% of my initial fund (margin call protection)
monthly profit %(based on initial fund) should at least be 8% a month.
I do not intervene in times of drawdown, i let the system run.

The screen shot that i posted a few posts up has all passed those conditions and is doing fantastic. Hopefully more forward live trading will solidify my strategy.

So anybody wants to share their workflow?
  • #1,952
  • Mar 19, 2022 2:58am Mar 19, 2022 2:58am
Thanks for your insights, francis79 - which icarus version are you using ? 4.31 ATR or ?
  • #1,953
  • Mar 21, 2022 12:55am Mar 21, 2022 12:55am
Quoting fraggli
Thanks for your insights, francis79 - which icarus version are you using ? 4.31 ATR or ?
i am using icarus 4.6 and Icarus 4.72. They have slight differerence in hedging. Both version has good ATR.
  • #1,954
  • Edited 4:13am Mar 21, 2022 2:05am | Edited 4:13am
Quoting francis79
This thread has been quiet lately with regards to further development. I sense that a lot of us are already profitable with our own settings and adjustments. Maybe just to keep the fire alive in this thread. I would like to share my expectations whenI set up Icarus for my own use. I use it on Eurusd only because this is where i am most comfortable with. I studied long trending situations on this pair over the past 3 years. That is why my 99.9% backtest workflow is based on the last 3 year period. Using BB as my only trigger, Using progression -...
Hi Francis, is it possible can you provide your ATR settings, salamat.
  • #1,955
  • Mar 24, 2022 3:22am Mar 24, 2022 3:22am
Quoting eric99
{quote} Hi Francis, is it possible can you provide your ATR settings, salamat.
There are a lot of factors to consider, including pair traded and broker. Its not a one size fits all.

I am not selfish, but i hope you understand that i will not share actual settings/set files publicly. I dont want to be blamed also if something goes wrong. You can PM me and i would gladly help if my time permits.
  • #1,956
  • Mar 24, 2022 8:49am Mar 24, 2022 8:49am
Quoting francis79
{quote} There are a lot of factors to consider, including pair traded and broker. Its not a one size fits all. I am not selfish, but i hope you understand that i will not share actual settings/set files publicly. I dont want to be blamed also if something goes wrong. You can PM me and i would gladly help if my time permits.
Thanks Francis, I started playing around with the settings and back reading the threads to understand fully the logic of the EA, I do it in live account already by your setting post above and I do back test also and is doing great. Still I cannot PM you, once I'm allowed I will send you a message, thanks again.
  • #1,957
  • Mar 28, 2022 6:15am Mar 28, 2022 6:15am
Hi guys, been quiet a bit due to personal reasons.

I took a hit some days ago, because it went against me and I decided to cut the losses.
Finally it would have turned in my favour again, but I decided to go safe and move on.
On monthly basis march turns out to be positive non the less.

Meanwhile I have taken Ikarus 4.31 ATR and modded it myself
I managed to get a version going, where I changed the BB entries into changing to a CCI entry.
It now triggers the first trade when CCI 25 moves over the +/- 100 level on M15 (was H1 in my original settings via stochastics)

I am live again with these modifications and have made quite some progress with an even lower DD.
Will post again when time allows me to do so.

Cheers, George !
Attached Image (click to enlarge)
Click to Enlarge Name: weekly m15 CCI entries.JPG Size: 13 KB
"We are all just prisoners ... of our own device ..." (Hotel California)
  • #1,958
  • Mar 29, 2022 2:01am Mar 29, 2022 2:01am
Hello,

I think you guys could implement a dynamic grid level, and news filter, could be a great improvement.

Regards

»»————- Remember it's only my personal opinion, i'm not giving financial advice ————-««

My entire life in one sentence: it didn't go as planned, and that's ok.
Random Scalper All Time Return: 9.3%
  • #1,959
  • Mar 29, 2022 2:53pm Mar 29, 2022 2:53pm
Quoting xxl205
Hi guys, been quiet a bit due to personal reasons. I took a hit some days ago, because it went against me and I decided to cut the losses. Finally it would have turned in my favour again, but I decided to go safe and move on. On monthly basis march turns out to be positive non the less. Meanwhile I have taken Ikarus 4.31 ATR and modded it myself I managed to get a version going, where I changed the BB entries into changing to a CCI entry. It now triggers the first trade when CCI 25 moves over the +/- 100 level on M15 (was H1 in my original...
Hi,
Am using this currency strength indicator with good success. Set it for week and the level 3.0. Hope you may find it useful.
RS
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_1.jpg Size: 75 KB
Attached File(s)
File Type: ex4 ### Basket 2 ### 1701.ex4   60 KB | 861 downloads
  • #1,960
  • Mar 30, 2022 4:32am Mar 30, 2022 4:32am
Quoting RisingSun
{quote} Hi, Am using this currency strength indicator with good success. Set it for week and the level 3.0. Hope you may find it useful. RS{image}{file}
Hi RS !

Glad to see you looking around and trying other indicators. I've seen this one in the past, but I have never exactly looked into the logics.
Trying out is always the best method but you also use the weekly level 3 settings, which is quite similar to the CCFp indicator.

I've had a bit different pairs this week, but it also turned out to be really ok. I have closed up all trades a few minutes ago and will resume next week due to market being flat and many news including NFP until friday.

I didn't have time to perfect my templates for the CCI EA at the moment, but hope to get it done soon.

Happy trading and green pips, cheers George
Attached Image(s) (click to enlarge)
Click to Enlarge Name: week 13-2.JPG Size: 13 KB
Click to Enlarge Name: week 13.JPG Size: 35 KB
"We are all just prisoners ... of our own device ..." (Hotel California)
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