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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

Account_Risk (1=1%) dosen't control lot sizing.

When 100 - (100 * account_risk)) / 100) * AccountBalance() > AccountEquity() - it "pushes" the StopAll button (function).

Fx. set to 1 : 100 - (100 * 1) / 100 * AccountBalance() = 0, meaning dosen't ever trigger any stopall.
Quoting umberleigh
2nd full day of live demo trading ikarus_4.77_ema trend. We had mostly favorable market behavior with the exception of a 1200 point spike on the 1 hour chart. We survived the spike and profited nicely but it was a challenge. {image}
have u ready set file for same. If then pl do share
Quoting dokopy
{quote} It's EA. It has a small error in the code. I can't share it on public forums.
If someone wants to fix a minor bug, I'll send them the source code.
Please excuse the bad English via Google Translate.
// Account_Risk (1=1%). Stop Loss on account base, when reached all orders will be closed an EA will stop trading.
Quoting livenFX
{quote} My wish list continues..... allowed free text input for = EA comment (each orders entry). user can modify EA order comment. EG. [ icarus %magic% ] optional enabling profit trailing stop. all-in-chart EA. (multiple symbol handled by 1 chart) Yes, will be obligated to the same settings. _______________________________________ Sample ( EA mql file = Generic atlp ). Note / Disclaimer = this EA not profitable to me. in my opinion. Reason sharing = the EA order comment. sample code. ( Hope someone help to code into Icarus ) {image} {file} _______________________________________...

My bad. The Trailing Stop has already built-in. ( Profit_Lock ).

// Profit_Lock. Percentage of profit secured by trailing stop.



Other functions uncleared to me ,

hedging. // Hedging Order to balance is used (When or how algorithm)

// Account_Risk. Stop Loss on account base, when reached all orders will be closed an EA will stop trading. (So far not yet happen)

//profit_chasing = 0; // number of min_lots for chasing profit
All versions of Ikarus lead to disaster. ThangNguyenM's version holds up best. But the backtest on XAUUSD also leads to disaster. It is possible that the EURUSD will behave in the same way.
Please excuse the bad English via Google Translate.
Quoting dokopy
All versions of Ikarus lead to disaster. ThangNguyenM's version holds up best. But the backtest on XAUUSD also leads to disaster. It is possible that the EURUSD will behave in the same way.
I would like to stretch what XXL205 has posted here...if you use Ikarus with manual intervention and without hedging, you can get good results.I started using it this way 4 months ago with good and stable results until now
whatever happens next....
Quoting holgi19
{quote} I would like to stretch what XXL205 has posted here...if you use Ikarus with manual intervention and without hedging, you can get good results.I started using it this way 4 months ago with good and stable results until now

Fixed, or Fibo lot size mode?
Quoting livenFX
{quote} Fixed, or Fibo lot size mode?
Fixed lot size with progression 1
whatever happens next....
Quoting holgi19
{quote} I would like to stretch what XXL205 has posted here...if you use Ikarus with manual intervention and without hedging, you can get good results.I started using it this way 4 months ago with good and stable results until now
Yes, lots of small gains followed by disaster. This is a typical symptom of such systems. Elimination of disasters is always only declared. There is no specific solution described anywhere.
Please excuse the bad English via Google Translate.
Hi all, hope you are all doing well.

I am sorry that I can't really contribute with settings at the moment, because I have not been using the system how I have originally set it up.

GBPUSD simply was the only pair I have been trading the last months, mostly short. Yes, scary countertrades included ^^ but it played out very well.

I've had a very nice contact with one of the members here regarding the developement and ideas for the EA. And I have promised to set up a demo with my actual settings again.

Until now I've been using Icarus with GBPUSD mainly as a trading tool. Did all entries myself and used it just for closing up or adding lots.
One of the features I like most is that you can tell it to stop after the active set of trades. I don't want it to be always in the market.

If there is a demo slot available on my trading server, I will go on with testing Icarus hopefully

I am yet to decide if I want to go "more public". Until now, I won't share myfxbook live. But I think about putting up a signal. Or even a YT-Livechannel.
But these are far far away thoughts because my trading style is weird even to me and I am not sure if I want to show it to anybody yet ;-)

Cheers, George

p.s. cable rise up to 1.2060 yesterday was such an open invitation to grab it by the b*lls and short it til 1.1975 ;-) yeeeeeeehaa ^^
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"We are all just prisoners ... of our own device ..." (Hotel California)
Quoting dokopy
{quote} Yes, lots of small gains followed by disaster. This is a typical symptom of such systems. Elimination of disasters is always only declared. There is no specific solution described anywhere.
I have a drawdown stop out of 5%...so far it has been hit one time-the other weeks have been successful-beside ccfp weekl, level three i use the mataf website currency strength to filter out more pairs.As i said so far so good-as always time will tell the truth.Have a good weekend all
whatever happens next....
Quoting holgi19
{quote} I have a drawdown stop out of 5%...so far it has been hit one time-the other weeks have been successful-beside ccfp weekl, level three i use the mataf website currency strength to filter out more pairs.As i said so far so good-as always time will tell the truth.Have a good weekend all
Do you have a recommended account size of €2.5 million?
Please excuse the bad English via Google Translate.
Quoting dokopy
{quote} Do you have a recommended account size of €2.5 million?
I don´t know, what recommendation you are referring to but: no
whatever happens next....
Quoting holgi19
{quote} I don´t know, what recommendation you are referring to but: no
Dokopy, there never has been such a recommendation. You did that calculation for yourself. But one would sleep better, definetly.

10-20% tops hard SL on the account, basta. 5% is even better.

Catching the small waves in the big weekly level 3's is the way to go, no need for a mega account.

And yes, at times Icarus will absolutely lead to desaster. Black Swan event is crucial. All others should be avoidable by good MM.

Please don't envy the people having success with a system you don't believe in.

"Everybody tells you, it can't be done. It's human nature. Then somebody comes along who doesn't now that, and simply does it."

It's like bumblebees. They should not be able to fly. Yet they just don't care and do it

Cheers, George
"We are all just prisoners ... of our own device ..." (Hotel California)
Hi everyone, programmers and the owner of the post alike!

Beautiful thread I must say. - However I have one and an only request to make, to any good samaritan programmer to help include these three (3) option to the EA.
• ------------ USE TRAILING STOP option (False/True) -------
• Trailing Start
• Trailing Stop
• Trailing Step
I know already there's "Profit Lock %" option already but for some of us, it ain't doing much of what we really require when concerning securing profits. - I like it the old way . Anybody can help? And if that's added I'll have an option to set the "Profit Lock" option to Zero (0) as I'll not be using it anymore.

Thank you in advance. _Zohman
Quoting xxl205
{quote} Dokopy, there never has been such a recommendation. You did that calculation for yourself. But one would sleep better, definetly. 10-20% tops hard SL on the account, basta. 5% is even better. Catching the small waves in the big weekly level 3's is the way to go, no need for a mega account. And yes, at times Icarus will absolutely lead to desaster. Black Swan event is crucial. All others should be avoidable by good MM. Please don't envy the people having success with a system you don't believe in. "Everybody tells you, it can't be done. It's...
Read your posts and don't accuse me of nonsense.
Please excuse the bad English via Google Translate.
Quoting livenFX
{quote} My wish list continues..... allowed free text input for = EA comment (each orders entry). user can modify EA order comment. EG. [ icarus %magic% ]
In the referenced ea only the parameters

%MagicNumber%, %Auto_Risk%, %MM_Depo%, %Lots%, %SetName%, %TimeFrame%

can be used for the custom comment function. OK ?
Quoting dokopy
{quote} If someone wants to fix a minor bug, I'll send them the source code.
What is the bug ?
Hi,

tried to implement a TrendFilter like the one made by Thang in the closed source - feel free to test and use at your own risk

https://github.com/fraggli/Icarus/tree/4.73-Trend

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Quoting fraggli
{quote} What is the bug ?
EA assigns SL, TP to pending orders and market orders. The bug is that it assigns a meaningless PT value to pending commands. When the market changes the pending order to a market order, the EA continues correctly.
Please excuse the bad English via Google Translate.
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