Long target 1 just reached, target 2 is at 1,19987 H1 image P.S.: Target 2 was reached yesterday very late, at the end of NY session as well

EURUSD only

Sure, we are in a nice channel, see chart in my post above. If you would have started on the 5th of April you would be lost now.

Free Grid EA Ikarus - From zero to hero

Objection, your Honor! The death of a grid trades like Ikarus is a high movement without oscillation on its way. Buying sells on the way up means, that there must be some significant correction someday. But if there is a shift and the pair keeps ...

Free Grid EA Ikarus - From zero to hero

I did not dive in deeper into the strategy, nor do I have details of the code. I just saw the 30 in the strategy tester and that is imho 30 points and not pips. Please correct me if I am wrong. For the entry conditions I do no know whether it is ...

The Ghillyoar System (buying highs and selling lows)

Certainly. Take a look at the screenshot with the strategy tester. He uses 30 (points).

The Ghillyoar System (buying highs and selling lows)

Points ;-) As Sexobeat recommended, a variable range would be better. Especially when applying on different pairs. Take for example this table: image url What I love with this approach is the fact, that it sounds like against all odds. But isn't ...

The Ghillyoar System (buying highs and selling lows)

Indeed. So called virtual trailing stop. Good thing as the broker does not see the limits of the single trades. He can calculate the break even, but that's it.

Free Grid EA Ikarus - From zero to hero

Typical grid trader behaviour. It likes to push, widen the grid and then oscillating inbetween doing nothing. You can try to adjust some TP/SL manually to get it back. Or just close all and start from zero.

Free Grid EA Ikarus - From zero to hero

Well said! I use a very similiar own EA in combination with a dashboard. Semi-automatic eveything. Using a global variable (in MT4 it is difficult to control other EAs by an EA) to allow/forbid trading. Adjust the grids manually depending on the ...

Free Grid EA Ikarus - From zero to hero

Yes and no... Like many grid traders, it earns most (fastest) in an oscillating environment. It hates long stable trends without reversals. This osciallation you saw might be more e.g. Monday/Tuesday between London open and NY open, just an example. ...

Free Grid EA Ikarus - From zero to hero

Thanks! (I can see very well who in this thread knows the B3 trader...) That's what I did as well. "Stop next cycle" left one open trade, in the direction that was not locked before. I will try to watch the behaviour in slomo in the tester, maybe ...

Free Grid EA Ikarus - From zero to hero

Hi @all! I was watching the EA today on demo, just to see how it behaves. EURUSD, it was an interesting day, from low to high very sharp. But I did not understand what the EA did. In the morning it openend buy/sell at the same moment --> okay while ...

Free Grid EA Ikarus - From zero to hero

What the heck was (is) that? Did I miss something? War, revolution...?

EURUSD only

What's the big difference?

Free Grid EA Ikarus - From zero to hero

That's normally my approach as well. Then start finetuning. Anyway, I added the basket TP in the code and set it to 50 Euro. Noting that the EA got stuck between Hi/Lo in July 2020. Started with 10000 Euro, January 2019. At least it survived with ...

Free Grid EA Ikarus - From zero to hero

Change of settings: increased the number of open orders to 21. Now it "just" crashes from end of May to July 2020. image

Free Grid EA Ikarus - From zero to hero

As so many grid-trading EAs this one likes to crash in the corona months 02/03-2020. Find settings that survive these days... then you might be on the safe side. Though there are sometimes moments (like two weeks ago) that do not look that dangerous ...

Free Grid EA Ikarus - From zero to hero

Some things I will implement/change today or tomorrow, I will try to make it obvious where the code has been changed. 1. Grid size in points, not in pips (allows more accurate control) 2. Grid size depending on a fraction of the previous D1 candle ...

Free Grid EA Ikarus - From zero to hero

If it continues like this you should better use the time for some sports, family, relaxation... or take a look at M1 to enjoy some movement ;-) Anyway I use a wider grid (based on yesterday's hi/lo), we never know whether the USD suddenly goes ...

EURUSD only

02-April-2021 Daily Long Target 2: 1.18171 Daily Long Target 1: 1.18029 Daily Short Target 1: 1.16897 Daily Short Target 2: 1.16755

EURUSD only