Free Grid EA Ikarus - From zero to hero

Quoting Windsor2024

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Hi Mr. Mapi and fellow traders. I just registered this account to share my experience with ikarus2.2. I had tremendous success since Oct 2023. I have been to double the account in a month on average. I always start with an 10000$ demo account and turn it to 20000$ in about a month and i would get a new demo account with 10000. I trade most of the pairs. With some pairs like EURAUD, EURNZD, GBPAUD GBPNZD GBPCAD I use larger grid size than others. I don't blindly turn on ikarus and let it trade. I use extreme TMA system to decide whether i should...

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Quoting euyhk

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{quote} Sir, please share your set file to us for reference. Thank You !

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Quoting Windsor2024

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Hi Mr. Mapi and fellow traders. I just registered this account to share my experience with ikarus2.2. I had tremendous success since Oct 2023. I have been to double the account in a month on average. I always start with an 10000$ demo account and turn it to 20000$ in about a month and i would get a new demo account with 10000. I trade most of the pairs. With some pairs like EURAUD, EURNZD, GBPAUD GBPNZD GBPCAD I use larger grid size than others. I don't blindly turn on ikarus and let it trade. I use extreme TMA system to decide whether i should...

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Quoting Windsor2024

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{quote} there is no fixed settings for grid step. For less volatile pairs i usually 60 to start and can go up to 100 if it's in the middle of the band. For more volatile ones i start with 100 and can go up to 200. If you are hoping to make money with a fixed setting, most likely you will lose. The market is moving, hence the settings need to change.

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Quoting euyhk

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{quote} Sir, please share your set file to us for reference. Thank You !

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Quoting emmanuel7788

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{quote} ikarus2.2 manages trades with the magic number. when you want to trade a bigger lot size like 0.1 lot you can so use market order manually with a different magic number .... or you can load ikarus2.2 on another chart with a different magic number from that using 0.01lot. it will come a time when you have to close all the positions with 0.01lot and maybe take some small losses and let those with 0.1lot run. ...

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Quoting mpele

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The main question is how offen you can interfere with Icarus. If you put Lot multiplicator ot 10 next position will be 0.1 as you wish but the next one is 1 lot. In case that you can access Icarus between opening possitions of 0.1 and 1 lot you will have to return Lot multiplicator to 1 and to close possitions of 0.01 lot (Icarus based on number of opened possitions and the smallest one choose next lot size). Or to define new lot progression algorithm...

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Quoting mpele

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Newer versions of EA have that parameter. But why you don't use simple limit order and set magic number to 0. You will miss the profit from 0.01 but, as I understood, it is not important to you.

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Quoting mpele

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Icarus take in consideration for its math all opened positions of current symbol and defined magic number. When you set limit order, from the moment it has been triggered, if it has right magic number Icarus will treat it as it's own. So, as the magic number of manually orders is 0 you need to set Icarus to work with 0 and you can manually add orders (first or later) and it will do the rest. If you have orders outside of Icarus you need very simple script to just set limit order with right magic number.

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Quoting DanielChan

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{quote} Alright, enjoy. Here is another indicator, which might be useful for someone. It's called "Bollinger Backs 2.0" and draws arrows if the price breaks out of the bands and goes back again, so it will wait until price goes inside the bands. Simply change the deviation inside the mq4 file. The buffers for the arrows are 3 and 4. Try a combination with the inbuild Bollinger Bands, 200 period + 0.1 deviation. This will keep you always going WITH the trend. So a buy signal would be triggered, if price is below the BB200(0.1) and breaks out of the...

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Quoting DanielChan

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{quote} Alright, enjoy. Here is another indicator, which might be useful for someone. It's called "Bollinger Backs 2.0" and draws arrows if the price breaks out of the bands and goes back again, so it will wait until price goes inside the bands. Simply change the deviation inside the mq4 file. The buffers for the arrows are 3 and 4. Try a combination with the inbuild Bollinger Bands, 200 period + 0.1 deviation. This will keep you always going WITH the trend. So a buy signal would be triggered, if price is below the BB200(0.1) and breaks out of the...

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Quoting DanielChan

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The problem is to decide or know, when the market is going sideways and when is it about to start trending... Is there any indicator for that? Maybe a TMA or HMA slope? Or if 480 + 120 + 24 PTL is all blue, then it's in an uptrend and if 24 PTL is not blue, it goes sideways? How do you determine if it's a sideways or trending market and on which time frame...? It's all possible to put it into this EA, but we need first a strategy... If you need more than 3 indicators, I can also add more. But as I said, we need to have a profitable and mechanical...

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void InitVars() {
// Reset number of buy/sell orders
  buys = 0;
  sells = 0;
  hedge_buys = 0;
  hedge_buys = sells; // ??? should be:  hedge_sells = 0;

Quoting Severus

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double equityDifference = max_equity - AccountEquity(); if (max_equity != 0) { double equityPercentage = equityDifference / max_equity * 100; string panelText1 = "DD: -" + DoubleToString(equityDifference, 2) + " " + ter_currencySymbol + " (-" + DoubleToString(equityPercentage, 2) + " %)"; Write("panel_1_10", panelText1, 5, 190, "Roboto Condensed", 14, clrGold); string panelText2 = "Max: " + DoubleToString(max_float, 2) + " " + ter_currencySymbol + " (" + DoubleToString(max_float / max_equity * 100, 2) + " %)"; Write("panel_1_11", panelText2, 5,...

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