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- Farzad666 replied Dec 20, 2021
Honestly, I deal with many things at the moment and couldn't work more on the Icarus. However, I worked on some points mentioned in the thread but I haven't shared them so far. So now it is time to share until we can come up with sustainable ...
- Farzad666 replied Nov 18, 2021
I appreciate your generosity. Thank you, bro. About spread you meant 0.4 pip, right? I remember you said that you had a business account on your broker, but 0.04 pip spread seems dreamy to me I use higher tp and that was an issue in such case of the ...
- Farzad666 replied Nov 18, 2021
Hi @MaPi Due to EU's big downward moves in this week, my account would have blown up if I hadn't used hedge (which I made a little loss but was able to save the account t least) I noticed in your trades that you haven't faced any inconvenience as ...
- Farzad666 replied Nov 8, 2021
& Guys help me out here I got a bit confused. Till now I thought we're going to continue on progression after opening the first hedge. Imagine we start hedging on 6th position with 8 lot volume and we are on a buying cycle where the trend is ...
- Farzad666 replied Nov 8, 2021
Bro, I am sure that is not easy and it hasn't been like implementing some lines to the Icarus and hedge function be made. However, I'm still working on it in my spare time and I will do my best, to code it in a way it'll be as similar as possible to ...
- Farzad666 replied Nov 7, 2021
I see what you mean here. I have to say that the intention of hedging against the cycle is to protect the account BY ADDING EXTRA VOLUME (LOT) POSITIONS to the cycle. The extra lot contradicts the protection usually. But we fix this contradiction ...
- Farzad666 replied Nov 6, 2021
Hi. thanks for checking. I checked again and the profit lock works as it should. But you need to know the nature of Icarus 4.0 is to initiate a double position Buy and Sell when you don't use any of the indicators. So in this mode, you don't need ...
- Farzad666 replied Nov 6, 2021
I don't get why you think it reduces the profitability of Icarus? I think hedging may protect the account in big moves. If we are satisfied with a reasonable percent per month we need to use an account with a high balance. 10 percent per month will ...
- Farzad666 replied Nov 6, 2021
Thanks for trying. Yes, you are totally right. My first intention to this modification and adding a hedge function was to reduce the Drawdown by protecting the account in big moves. Maybe I didn't clarify it well. Imagine a big move while we are ...
- Farzad666 replied Nov 4, 2021
Dear MaPi, I just suppose those parts you mentioned earlier are related to the indicator triggering section of the EA in which TeChaoLiang is an expert there. I hope he can find time to check or else if he was busy I'll take care of it if I can. ...
- Farzad666 replied Nov 4, 2021
ICARUS 4.0.3 Beta updates: Now you can make a choice on how to calculate the hedge lot each time it's gonna be triggered. Two Options so far: I think the names are clear enough image Also an option to choose a multiplier for the hedging volume ...
- Farzad666 replied Nov 4, 2021
Yes, I'll consider it for the next version
- Farzad666 replied Nov 3, 2021
Here is beta version 4.0.2 I came into some Grid-based volume control of hedging issues and here is repaired now. file file
- Farzad666 replied Nov 3, 2021
Here I share the mq4 file of the same version to check. Need to know this is a beta version and codes are not finalized yet and have issues that hopefully will be fixed in future versions.
- Farzad666 replied Nov 3, 2021
You need to choose a more precise testing mode. You chose "Open prices only" which is not reliable in this system. You need to: First, use better quality data by downloading reliable data and uploading it in mt4 using the F2 key on your keyboard. ...
- Farzad666 replied Nov 2, 2021
Different settings, but I mostly use BB and STO / RSI for triggering. Currency pair matters in setting parameters, but I normally stay out of UJ, if you insist you need to use an optimized ATR to calculate grid for you
- Farzad666 replied Nov 2, 2021
Do back tests first. The default settings has never recommended even on a demo account. Let alone putting it on a live account. Backtesting is a MUST for any sort of expert especially grid ones like Icarus. With this you can optimize different ...
- Farzad666 replied Nov 2, 2021
Icarus v4.0.1_Beta With HEDGE Function Dear Fellow Traders; Here is the Beta version of Icarus 4.0.1 attached which is equipped with the HEDGE function. Let's take a look at bellow picture which shows opened positions for the main cycle (Buy in this ...
- Farzad666 replied Nov 1, 2021
This is very normal in Icarus's behavior. If you set indicators (eg. Bolinger Band) for triggering new cycles, it will open cycles in both directions when needed, regardless of the previously opened cycle (if exists) BTW, I was in the almost same ...
- Farzad666 replied Nov 1, 2021
It has been an interesting idea for systems like Icarus and I am making it happen. Because it could be a sort of fuel for Icarus to let it goes higher. I am working on the hedge function and will post results here to improve this option on Icarus. ...