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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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  • #2,261
  • Mar 5, 2023 4:38am Mar 5, 2023 4:38am
I thank you so much MaPi for your advice. I wish you many green pips
  • #2,262
  • Mar 8, 2023 11:06am Mar 8, 2023 11:06am
Quoting SciFiLoveBud
cheers, thank you for sharing ikarus with us, greetings from frankfurt, mapi is a hamburger? i converted Ikarus_4.73___flexATR 2022june22.mq4 to mq5 to test it in backtesting after it did a very good job in the demo. it took me half a day... i have no clue about mql. performance in backtesting is poor because it is only converted, but you can access the tick/bar data from mt5. (that was my goal) i also use it parallel in demo account as a trade manager for manual trades i get via a signal service... (stop next cycle is always active / no auto trading...
Hi SciFiLoveBud,

Very NICE. i just was thinking about converting Icarus to MQL5.
I 'll be thankful if you share your MQL5 code !
  • #2,263
  • Mar 10, 2023 7:13am Mar 10, 2023 7:13am
I wonder if someone would be kind enough to add some code to limit the trade size that ikarus/icarus can trade.
I would like to have trades increase till maybe 0.2 and then all further trades that are placed are no larger than 0.2
and also be able to change the limit for each pair being traded, so mql4 would be preferred over ex4.

I know how Martingale style works and limiting trade size is not normal but for me it would give peace of mind
when I am unable to monitor the charts, for instance when asleep "zzzz".

All coders have done a terrific job! and the coding has been very complex.
I wish to use icarus but just want this extra safe guard written in the mql4 code.

Thanks so much in advance. I will post here my results after I start using on real account.
  • #2,264
  • Mar 13, 2023 8:48am Mar 13, 2023 8:48am
After lots of editing and testing, I have changed my plan and no longer need the above request.
I would delete the post # 2263 above but I cant see how to delete. thanks!
  • #2,265
  • Mar 14, 2023 5:00pm Mar 14, 2023 5:00pm
Any update or account statement to see if grid system Still surviving in an uncertain market?
  • #2,266
  • Mar 21, 2023 8:04pm Mar 21, 2023 8:04pm
Quoting MaPi
{quote} Hi, hope you are doing fine. To prevent missunderstanding, I am not talking about heding in a classic way. The logic I am using is to close the last order of the loosing cycle, when there is a profit on, and using part of this profit to close the first orders or to reduce their volume, so market can go more agains us without causing a liquidation. If you are interested in this approach I can go into details, cheers!
I'm fine, thank you.
As you mentioned, a classic way of hedging is not suitable for a grid trading EA. I think your logic dealing with hedging could be a good approach.
Hedging must has its purpose. Eventually, the hedged pairs have to be nicely released and turning loss to be profit. To hedge is simple, however, to release hedged pair nicely is sophistic. We have to find a right timing to release the hedged pair, not too early and not too late.
  • #2,267
  • Mar 21, 2023 10:27pm Mar 21, 2023 10:27pm
Is there some one can? order to make some ea, which includes time-based order closing function? this is posible?
  • #2,268
  • Mar 21, 2023 11:02pm Mar 21, 2023 11:02pm
Quoting Tsogoo
Is there some one can? order to make some ea, which includes time-based order closing function? this is posible?
use this for mql5, posTime is your time to close:

PositionSelectByTicket(ticket);

if ( (long)TimeCurrent() - PositionGetInteger(POSITION_TIME) > posTime) {
trade.PositionClose(ticket,);
}
every minute matters!
  • #2,269
  • Mar 28, 2023 8:05pm Mar 28, 2023 8:05pm
Hi Guys,

what is the latest version to use?
there seem to be many version.

please suggest.

thanks.
  • #2,270
  • Apr 21, 2023 12:42pm Apr 21, 2023 12:42pm
Quoting DavidRol2o
Hello folks, I have decided to share my work with everyone here as a token of appreciation to everything these threads have been teaching me. I took on the challenge of converting Ikarus_4.73 to an mq5 version. Reason being, I believe its easier to optimize, and test with more reliable data, using the MT5 database. Nevertheless, I probably will not update further as I am working on other projects, and this was simply a learning opportunity I wanted to challenge...
Do you mind share your mql5 file?
  • #2,271
  • Apr 27, 2023 6:46am Apr 27, 2023 6:46am
Quoting Lopuch
{quote} This is a common mistake made by the creators of the grid system. Of course, it is safer to add only in the direction of profit (the attached picture shows the course of the test with a similar EA, when it is added only in the direction of profit, with an initial deposit of 3000 USD, status after about 5 months). I trade the same EA on Live. What is most important - choosing the right pair and in connection with it other necessary parameters. Anyway good work. {image}
Hello,
Which EA is this? To add layer only in profit
  • #2,272
  • Apr 30, 2023 5:28am Apr 30, 2023 5:28am
Quoting limevanilla
{quote} Hi, Thanks for the trend filter version. Can you implement or adding news filter? Here is the mq4 from other thread. {file}
Any progress with adding the calendar to this awsome ea?
  • #2,273
  • May 5, 2023 12:44am May 5, 2023 12:44am
Quoting Sushil21
send me set file of that please
hello, which version are you using?
  • #2,274
  • May 10, 2023 2:04am May 10, 2023 2:04am
Quoting arcenciel
{quote} Oh sorry I have just forgotten MT4Orders.mqh to copy with errordescription.mqh in mt5 include folder For Killervsr, a .mq5 file is codesource for mql5. You copy this mq5 file in Experts folder, and Metatrader5 will compile it to ex5 after restart (or refresh). I have joined ex5 file in this zip file Use files in this zip files because I find issues to display the right panel. {file}
Thank you for putting big effort convert the MT4 to MT5.

I have a question. The EA does not take profit even it has, what are the parameter I should look for?
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 28 KB
  • #2,275
  • May 13, 2023 12:42pm May 13, 2023 12:42pm
Backtest using AUDCAD
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 11 KB
  • #2,276
  • May 18, 2023 4:11am May 18, 2023 4:11am
no help manual for this expert?
  • #2,277
  • May 18, 2023 4:31am May 18, 2023 4:31am
lot_multipicator * start position or * last position?
lot_multipicator only work in martingle mode?
  • #2,278
  • May 22, 2023 7:26am May 22, 2023 7:26am
Hi to all, updated EA adding a function to calculate magic number in automatic, so you can simple attach the EA on a pair. The magic n. calculated is displayed on the screen.
Attached File(s)
File Type: mq4 Ikarus_4.74___flexATR_May_2023.mq4   170 KB | 762 downloads
  • #2,279
  • May 22, 2023 5:03pm May 22, 2023 5:03pm
this guy is using a grid strategy very similar with Ikarus grid strategy , and you can see this just seeing his open orders and history , however this another strategy uses martingale and i dont know how he turned 500 k in more than 5M in just 3 years , i dont know if is possible to do reverse engineering of his strategy , but a Ea of this in strategy in Gold or gbpjpy could be interesting


https://www.myfxbook.com/members/ron...e-sept/6931363
  • #2,280
  • May 22, 2023 5:06pm May 22, 2023 5:06pm
Quoting phrixusong
Backtest using AUDCAD {image}

Can you share your Set files please ?
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