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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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  • #2,101
  • Jun 21, 2022 7:02am Jun 21, 2022 7:02am
@TeChaoLiang

I am running your EA Robin 2.7 on a demo account to check the correct operation however I have doubts .
I set as profit 15 pips but when I open an order I see that the TP (red line) is at 40 pips. what is this due to?
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  • #2,102
  • Jun 21, 2022 2:41pm Jun 21, 2022 2:41pm
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}
minor preset apply. ATR period = 9. (from 5)
preset = default ea inputs.
use M15.

thru back test showed. EA with balance 200 still blow during major news (EG. 2021 aug 06-08th. 2022 feb 16th) w or w/h hedge apply.

Attached File(s)
File Type: mq4 Ikarus_4.73___flexATR 2022june22.mq4   167 KB | 1,029 downloads

Attached File(s)
File Type: zip icarus 4.73 m15 r1 fibo.set.zip   < 1 KB | 941 downloads
  • #2,103
  • Edited 10:51pm Jun 21, 2022 9:36pm | Edited 10:51pm
Quoting livenFX
{quote} minor preset apply. ATR period = 9. (from 5) preset = default ea inputs. use M15. thru back test showed. EA with balance 200 still blow during major news (EG. 2021 aug 06-08th. 2022 feb 16th) w or w/h hedge apply. {file} {file}

With a 200 balance, what lot size are you using?
For a standard account, 200 is such a low fund to start on a grid trading bot. Grid trading needs a lot of capital to survive averaged trades.
  • #2,104
  • Jun 21, 2022 11:47pm Jun 21, 2022 11:47pm
This thread has gone silent for a long time. How are you guys doing with your own little projects?
  • #2,105
  • Jun 22, 2022 7:03am Jun 22, 2022 7:03am
Quoting francis79
This thread has gone silent for a long time. How are you guys doing with your own little projects?
Hey Francis and all others,

still doing pretty well. But as I do mostly absolute manual trading, I can't contribute much here. Still following though.

Only thing I want to stress again : WEELKY LVL 3, anything else is just entries and take profits ^^
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"We are all just prisoners ... of our own device ..." (Hotel California)
  • #2,106
  • Jun 23, 2022 11:27am Jun 23, 2022 11:27am
Quoting livenFX
{quote} minor preset apply. ATR period = 9. (from 5) preset = default ea inputs. use M15. thru back test showed. EA with balance 200 still blow during major news (EG. 2021 aug 06-08th. 2022 feb 16th) w or w/h hedge apply. {file} {file}
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this was TP multiplier = 1.
maybe, i try next 1.6 multiplier.... (higher figure might lead to higher dd)
  • #2,107
  • Jun 24, 2022 12:52am Jun 24, 2022 12:52am
Any chance (is that complicated to code?), if EA can attach to only 1 chart, & allowed to trade multiple specified fx pairs?

Thank you...all

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  • #2,108
  • Jun 24, 2022 2:21am Jun 24, 2022 2:21am
Quoting livenFX
Any chance (is that complicated to code?), if EA can attach to only 1 chart, & allowed to trade multiple specified fx pairs? Thank you...all {image}
not that hard to code as I know but I would not recommend it because of you would use the same settings for every pair.
  • #2,109
  • Jun 24, 2022 8:17am Jun 24, 2022 8:17am
Quoting livenFX
{quote} {image} this was TP multiplier = 1. maybe, i try next 1.6 multiplier.... (higher figure might lead to higher dd)

Another tp buy gold done with (1.6 multiplier).

1818.41 open. 1825.28 close.
  • #2,110
  • Jun 29, 2022 1:43am Jun 29, 2022 1:43am
Quoting livenFX
{quote} Another tp buy gold done with (1.6 multiplier). 1818.41 open. 1825.28 close.
Opening position.
Dark mimas vs Icarus.


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  • #2,111
  • Jun 29, 2022 2:23am Jun 29, 2022 2:23am
Quoting xxl205
{quote} Hey Francis and all others, still doing pretty well. But as I do mostly absolute manual trading, I can't contribute much here. Still following though. Only thing I want to stress again : WEELKY LVL 3, anything else is just entries and take profits ^^ {image} {image} {image}
It seems you predict trend quite well
  • #2,112
  • Jun 29, 2022 5:45am Jun 29, 2022 5:45am
Quoting livenFX
{quote} Opening position. Dark mimas vs Icarus. {image}
Both EA. Done with profit. ( 0.01 lot )

Mimas sell. 4.93 made.
Icarus buy. 4.62 made.
  • #2,113
  • Jun 29, 2022 3:43pm Jun 29, 2022 3:43pm
Hello all, I know this thread is kind of old, but hopefully someone can help.
1. I am using Icarus 4.6. Is this the most current or if not could you point me to the current version.
2. Please point me to a post describing all the settings, im not sure what some are for. I read post #1 but thats for an old version.

Thank you!
Tom
  • #2,114
  • Jun 29, 2022 9:25pm Jun 29, 2022 9:25pm
Quoting livenFX
{quote} Opening position. Dark mimas vs Icarus. {image}
It’s running for multiple order with grip or no?
  • #2,115
  • Jun 29, 2022 9:41pm Jun 29, 2022 9:41pm
Quoting livenFX
{quote} Both EA. Done with profit. ( 0.01 lot ) Mimas sell. 4.93 made. Icarus buy. 4.62 made.
What is Mimas? is it a part of this thread?
  • #2,116
  • Jun 29, 2022 9:43pm Jun 29, 2022 9:43pm
Quoting TBurg73
Hello all, I know this thread is kind of old, but hopefully someone can help. 1. I am using Icarus 4.6. Is this the most current or if not could you point me to the current version. 2. Please point me to a post describing all the settings, im not sure what some are for. I read post #1 but thats for an old version. Thank you! Tom
There is no other way, but to study this whole thread. Nobody pays us to develop this Bot, so all the versions and changelogs are shared through this thread. By reading the details, you will be able to understand further how this Bot works.
  • #2,117
  • Jun 30, 2022 1:23am Jun 30, 2022 1:23am
Quoting francis79
{quote} There is no other way, but to study this whole thread. Nobody pays us to develop this Bot, so all the versions and changelogs are shared through this thread. By reading the details, you will be able to understand further how this Bot works.
Agreed you, no doubt this thread EA ideas is great, and a lot contribution too! Well, some they optimise this EA and only self use or selling it. Person like me new to forex and aren't coder, feel help less sometimes.
  • #2,118
  • Jun 30, 2022 4:24am Jun 30, 2022 4:24am
Quoting xxl205
{quote} Hey Francis and all others, still doing pretty well. But as I do mostly absolute manual trading, I can't contribute much here. Still following though. Only thing I want to stress again : WEELKY LVL 3, anything else is just entries and take profits ^^ {image} {image} {image}

HI xxl205,
good to here from you, CHF almost wiped me out (50% SL). Still dont know how to handle this in future.
  • #2,119
  • Jun 30, 2022 8:06am Jun 30, 2022 8:06am
Hi toaster---when (on what date) and on what pairs did this happen?and what signal gave Weekly LVL 3?
whatever happens next....
  • #2,120
  • Jun 30, 2022 10:08am Jun 30, 2022 10:08am
Good morning, I am using icarus 4.6 and it seems to work pretty well. Im in the US so I cant use hedging. Can someone tell me which setting to make sure it only takes buy OR sells. Also, I need it to be FIFO compliant meaning I need each order to be a different amount like .10 .11 .20 .21, etc. Is there a way to do this?

Thank you!!

Tom
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