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Free Grid EA Ikarus - From zero to hero

  • Linked: Griding For Living | Brokerage Account XXXX91 Starting Dec 31, 2025
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  • #2,081
  • May 31, 2022 4:40am May 31, 2022 4:40am
Hi there.
I finally solved the problem with martingale multiplier less than 1.5
Now you can set martingale lot multiplier 1.1 for min lot = 0.01 (the lot will start to increase from about position 6)
Attached File(s)
File Type: mq4 Ikarus_4.73___flexATR (2).mq4   166 KB | 1,033 downloads
  • #2,082
  • May 31, 2022 6:55am May 31, 2022 6:55am
Quoting ksen
Hi there. I finally solved the problem with martingale multiplier less than 1.5 Now you can set martingale lot multiplier 1.1 for min lot = 0.01 (the lot will start to increase from about position 6) {file}
Noted with thanks ksen sir.

I can see that, Thang sir contributing to the EA coding. But due to 4.75 / 4.77 / or 4.79 has no MQL file provided by Thang sir.

The EA icarus 4.x enhancement (Eg. 4.3 with 4.7x) is getting scattered around from the versions , i supposed the EA source code allowing anyone could openly / freely to continuing enhance it.

Wish that, before it is getting messier with different versions separately to improve on the EA. we can apply the source code improvement for x-1 version.

Suggestion maybe, Thang sir attach the new MQL file here, after merged with ksen sir's latest 4.3 version.
  • #2,083
  • May 31, 2022 7:07am May 31, 2022 7:07am
i took the liberty to translate the "unreadable language"..... but some of it unable to translate / properly.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 15 KB
  • #2,084
  • May 31, 2022 7:25am May 31, 2022 7:25am
Quoting ksen
Hi there. I finally solved the problem with martingale multiplier less than 1.5 Now you can set martingale lot multiplier 1.1 for min lot = 0.01 (the lot will start to increase from about position 6) {file}

Great, thanks Ksen!
  • #2,085
  • May 31, 2022 3:14pm May 31, 2022 3:14pm
Has anyone manage to do settings for GOLD using this EA ??
  • #2,086
  • May 31, 2022 7:07pm May 31, 2022 7:07pm
Quoting livenFX
{quote} Noted with thanks ksen sir. I can see that, Thang sir contributing to the EA coding. But due to 4.75 / 4.77 / or 4.79 has no MQL file provided by Thang sir. The EA icarus 4.x enhancement (Eg. 4.3 with 4.7x) is getting scattered around from the versions , i supposed the EA source code allowing anyone could openly / freely to continuing enhance it. Wish that, before it is getting messier with different versions separately to improve on the EA. we can apply the source code improvement for x-1 version. Suggestion maybe, Thang sir attach the...
I fully support you in putting together all the improvements.
ps
delimiter 03 - total breakeven level
delimiter 04 - breakeven level (separately)
  • #2,087
  • Jun 2, 2022 10:51am Jun 2, 2022 10:51am
Hi, this EA can be used in a real account??, Thanks!!
  • #2,088
  • Jun 2, 2022 3:19pm Jun 2, 2022 3:19pm
Quoting ThangNguyenM
{quote} That is exactly what I am about to do Umberleigh. New version 4.79 is here with the custom grid feature. Custom grid position = 0 : disable if Custom grid position > 0: From that position, When the price hit the SL line, instead of opening a new average trade immediately, EA starts to consider opening a new average trade base on the same new trade criteria. it means including indicators and EMA trend. I attached 2 images showing how it works in backtest. - Without Custom grid, this death trade will blow the account after opening average...
It works only in demo accounts?
  • #2,089
  • Jun 2, 2022 8:28pm Jun 2, 2022 8:28pm
Quoting ksen
Hi there. I finally solved the problem with martingale multiplier less than 1.5 Now you can set martingale lot multiplier 1.1 for min lot = 0.01 (the lot will start to increase from about position 6) {file}
Finaly.. Thankyouuuu!
  • #2,090
  • Jun 3, 2022 11:45pm Jun 3, 2022 11:45pm
Quoting ThangNguyenM
{quote} That is exactly what I am about to do Umberleigh. New version 4.79 is here with the custom grid feature. Custom grid position = 0 : disable if Custom grid position > 0: From that position, When the price hit the SL line, instead of opening a new average trade immediately, EA starts to consider opening a new average trade base on the same new trade criteria. it means including indicators and EMA trend. I attached 2 images showing how it works in backtest. - Without Custom grid, this death trade will blow the account after opening average...

First at all, thanks for contribution, I was follow this thread since months ago and backtest it with multi combination set and result was not really sweet.
Found added EMA in icarus was amazing ideas! I trying backtest with it, but little confuse about yours set input, backtest EMA with or without others indi (BB Stoch RSI) together?

Once again, Thank you.
  • #2,091
  • Jun 6, 2022 12:15pm Jun 6, 2022 12:15pm
Quoting romiek
{quote} Hello all i am new here. Thank you for a great EA Mapi. I am a programmer for over 15 years and forex EA builder for 2+ years. I will take a copy of Ikarus and play with it. I like this idea hedging..of mr trader, but i have few questions.. When should the first hedge order start? after how many pips down of the last max trade? What do we do with 6 buy positions and 1 sell when market goes down again? account can blow up easy this way.. Hope we can make a great EA together.
Hi Romiek, saw you program, was wondering if you are taking on any projects right now?
Cheers, Sammy
  • #2,092
  • Edited Jun 8, 2022 12:21am Jun 7, 2022 2:59pm | Edited Jun 8, 2022 12:21am
Quoting ziele
Has anyone manage to do settings for GOLD using this EA ??
even i wanted to know that if someone setup this EA for GOLD and working.
  • #2,093
  • Jun 9, 2022 8:16pm Jun 9, 2022 8:16pm
Quoting MaPi
{quote} Hi, I might be quite but I still am around and like the discussion you guys are having. If you change the logic of Icarus and it will help stabilizing I am open to it. Cheers
Can you point to where to change the codes to make this work with indices? The problem is the grid isn't correct when using it for indices.
Would it be in the double CalculateSL() function?
  • #2,094
  • Edited 8:50am Jun 10, 2022 7:37am | Edited 8:50am
Quoting hunter1971
{quote} Hi Romiek, saw you program, was wondering if you are taking on any projects right now?
I am working on a couple of projects right now.. That is why i am less active here. But i am always open to new idea's. I am working now with some of the best traders i have ever seen. You can always contact me in direct messages.
  • #2,095
  • Jun 11, 2022 6:30am Jun 11, 2022 6:30am
Quoting ksen
{quote} I fully support you in putting together all the improvements. ps delimiter 03 - total breakeven level delimiter 04 - breakeven level (separately)
Nice to have such an inspirational thread with a lot of valuable input - I like

I have added the CCI indicator to the EA and made some code cleanup, typo corrections, etc. - using Github for version control, feel free to fork, download, etc.

https://github.com/fraggli/Icarus/tr...leanup-and-CCI
  • #2,096
  • Jun 11, 2022 8:12am Jun 11, 2022 8:12am
Hello guys, I'm "playing" with Romiek version, but I can't understand how lot progression works with grid partial close.

I'm using D'Alambert progression, but as soon as the EA starts making partial closes the lots start to increase faster than they should

Does grid partial close has its own lot progression? would it be posible to make it keep the selected progression? I mean if it has to re-open an order after a partial close this order should be same lot that the one closed. I have noticed some parameters make the sistem survive 2 years with decent DD, but fails with grid partial close, when it should works better.

Anyways I want to thank Romiek for a great version.
  • #2,097
  • Jun 11, 2022 10:15am Jun 11, 2022 10:15am
Quoting fraggli
{quote} Nice to have such an inspirational thread with a lot of valuable input - I like I have added the CCI indicator to the EA and made some code cleanup, typo corrections, etc. - using Github for version control, feel free to fork, download, etc. https://github.com/fraggli/Icarus/tr...leanup-and-CCI

I just ring a bell that, the EA Bagaceira settings has some common areas.

Eg.

Enable manual order.
multiple built-in indicators.
hedge
  • #2,098
  • Jun 13, 2022 8:42am Jun 13, 2022 8:42am
1. source code #047: panel combined with buy/sell status, on the right hand side.
Request =
1.1 can split (similar to version 4.72) buy/sell to left side on the chart?
1.2 I prefer colFontWhite for the buy/sell context. easier to read in white color.


2. Elaborate of EA inputs (With sample / dummy proof remarks).
Note: Maybe someone, can help outline / summarize the EA's user manual (sort of)


extern double grid_size = 20; // Grid_Size (orders' distance)
extern int gs_progression = 3; // Grid_Step Mode (0=fixed. 1=sum. 2=martingale. 3=fibonacci)
extern double gs_multiplicator =3; // Martingale coefficient for grid step
extern double take_profit = 20; // Take_Profit.
extern double profit_lock = 0.80; // Profit_Lock
extern double min_lots = 0.01; // Min_lots
extern double equity_warning = 0.20; // Equity_Warning (0.2=20%)
extern double account_risk = 1.00; // Account_Risk (1=1%)
extern bool useTradeCycleRisk = false; // Use Buy OR Sell Cycle Risk
extern double cycleEquityRisk = 0.10; // Buy OR Sell Cycle Equity Risk Percentage (0.1=10%)
extern int progression = 3; // Lot size Mode (0=fixed. 1=sum. 2=martingale. 3=fibonacci)
extern double lot_multiplicator =1.0; // Martingale coefficient for lot
extern int max_positions = 6; // Max_Position
extern int max_spread = 100; // Max_Spread
extern int show_forecast = 1; // Show_Forecast
extern int profit_chasing = 0; // number of min_lots for chasing profit
extern bool both_cycle = true; // Initiate Both Cycle when indicators is used
extern bool hedging_active = false; // Hedging Order to balance is used
extern int grid_partially_close = 4; // Grid partial close ( >4 trades close last & 1st trade in profit)

Attached Image (click to enlarge)
Click to Enlarge Name: 2022-06-13_214006.png Size: 16 KB



May I ask question for below outline items.

2.1 take profit. Meaning by Pip / point?
2.2 profit lock. Meaning by %?
2.3 "int progression = 3;" Referring to Lot size?
2.4 show_forecast. Meaning by?
2.5 profit_chasing. Example to elaborate?
  • #2,099
  • Jun 13, 2022 10:33am Jun 13, 2022 10:33am
Quoting livenFX
1. source code #047: panel combined with buy/sell status, on the right hand side. Request = 1.1 can split (similar to version 4.72) buy/sell to left side on the chart? 1.2 I prefer colFontWhite for the buy/sell context. easier to read in white color. 2. Elaborate of EA inputs (With sample / dummy proof remarks). Note: Maybe someone, can help outline / summarize the EA's user manual (sort of) extern double grid_size = 20; // Grid_Size (orders' distance) extern int gs_progression = 3; // Grid_Step Mode (0=fixed. 1=sum. 2=martingale. 3=fibonacci)...


Answer 2.2: Yes, it's by %, 0.8 = 80%.
well, others I not sure bus I'm not coder. I'm very interesting to this thread and do a lot backtesting on each version, but I never get best set files in result. I hope anyone can share your's backtest result with me, Thanks a lot .

Stay profit !
  • #2,100
  • Jun 21, 2022 2:11am Jun 21, 2022 2:11am
Quoting ThangNguyenM
{quote} That is exactly what I am about to do Umberleigh. New version 4.79 is here with the custom grid feature. Custom grid position = 0 : disable if Custom grid position > 0: From that position, When the price hit the SL line, instead of opening a new average trade immediately, EA starts to consider opening a new average trade base on the same new trade criteria. it means including indicators and EMA trend. I attached 2 images showing how it works in backtest. - Without Custom grid, this death trade will blow the account after opening average...

Dear Thang sir... one of my demo mt4 doesn't work using the Demo 4.79 EA. (Screenshot)
just let you know..



Attached Image (click to enlarge)
Click to Enlarge Name: 2022-06-21_150112.png Size: 111 KB
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