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Thread: Ilan 1.6 improved/must have feature

  1. #1

    Default Ilan 1.6 improved/must have feature

    Looks like ilan is improved by adding rsi on enters, thus requiring less capital to work with it.
    Currently how i use ilan.
    If i set it to 1M it is going to make lots of money but eventualy will blow up. If i put it to H1(which i currently do) it takes less trades. So what i do is when i am by the computer i switch to M1 and watch it till its going to open second or third martingale position and then i switch it back to H1. Usually if market is right M1 will not open 3 martingale position, but it its wrong i have swithced to conservative settings.

    I have managed to have pipstepexponent enabled. Two weeks ago was a 450 pip move in opposite direction. With depo 1000, lots 0.01 lot exp 1.5 and pipstep30 and pipstepexp 1.3 i had only -350$. This significantly helps live through large drawdowns. Pipstep exp is when pipstep is 30, pipstep exp 2 will open next order at 60 pips.

    SO Feature is:
    To have Ilan work on 1M with fixed pipstep until 2 or third(varialbe) martingale position is opened and they switch it to h1 with pipstepexp enabled. When all of the positions closed switch back to M1 and fixed pipstep.
    Attached Files Attached Files
    Last edited by tkaboris; 04-21-2009 at 00:21.

  2. #2

    Default

    Thanks for sharing tkaboris! :-)

    Could you please post some of your test statments when you get the chance?

  3. #3

    Default

    tkaboris,

    Thanks for the updated info on Ilan. I'll give this a try.

    rptrader

  4. #4

    Default

    tkaboris,

    Thanks for the ea and your setup! But I don't get how switching from 1M to 1H help? Since 30 pips is the same in 1M or in 1H.

    Can you include the set file you use?

    Thanks a lot.

    Mike




    Quote Originally Posted by tkaboris View Post
    Looks like ilan is improved by adding rsi on enters, thus requiring less capital to work with it.
    Currently how i use ilan.
    If i set it to 1M it is going to make lots of money but eventualy will blow up. If i put it to H1(which i currently do) it takes less trades. So what i do is when i am by the computer i switch to M1 and watch it till its going to open second or third martingale position and then i switch it back to H1. Usually if market is right M1 will not open 3 martingale position, but it its wrong i have swithced to conservative settings.

    I have managed to have pipstepexponent enabled. Two weeks ago was a 450 pip move in opposite direction. With depo 1000, lots 0.01 lot exp 1.5 and pipstep30 and pipstepexp 1.3 i had only -350$. This significantly helps live through large drawdowns. Pipstep exp is when pipstep is 30, pipstep exp 2 will open next order at 60 pips.

    SO Feature is:
    To have Ilan work on 1M with fixed pipstep until 2 or third(varialbe) martingale position is opened and they switch it to h1 with pipstepexp enabled. When all of the positions closed switch back to M1 and fixed pipstep.

  5. #5

    Default detailed statment real accnt for 2 weeks

    This is a replica of Ilans logic. only difference is
    1. opens in two directions simiteneusly
    2. Opens new orders on 1M and martingale by H1.
    Hedging is prohibited now so i am going to Ilan 1.6
    Attached Images Attached Images Ilan 1.6 improved/must have feature-detailedstatement2weeks-gif 
    Last edited by tkaboris; 04-21-2009 at 04:56.

  6. #6

    Default function for Ilan1/6. Please help

    I was using this code in my other ea, Basically it indication from which martin order should pipstepexponent start?

    can somebody insert it in Ilan1.6 for us? Code is so difficult i cant get it.

    extern double Sell_PipStepExponent = 1.9;
    extern bool QuantumStep = true;Do we turn it on?
    extern int Sell_StartStepExp = 7; ater which martin order pipstepexp starts?
    //--------------------Start Buy pipstepexponent from startstepexp martingale orders-------------------------------

    double Buy_PipStepExp(int step_Buy)
    {
    double QStepExBuy=0;
    if(QuantumStep==true&&step_Buy >=Buy_StartStepExp)
    QStepExBuy = Buy_PipStepExponent;
    else
    QStepExBuy = 1;
    return (QStepExBuy);
    }

    //--------------------Start Sell_StartStepExp martingale orders-------------------------------

    double Sell_PipStepExp(int step_Sell)
    {
    double QStepExSell = 0;
    if(QuantumStep==true&&step_Sell >=Sell_StartStepExp)
    QStepExSell = Sell_PipStepExponent;
    else
    QStepExSell = 1;
    return (QStepExSell);
    }
    Last edited by tkaboris; 04-21-2009 at 05:12.

  7. #7

    Default

    Quote Originally Posted by mike58 View Post
    tkaboris,

    Thanks for the ea and your setup! But I don't get how switching from 1M to 1H help? Since 30 pips is the same in 1M or in 1H.

    Can you include the set file you use?

    Thanks a lot.

    Mike
    if you set pipstep 30 and h1 then it opens on the first hourly candle at pipstep or higher. If candle was 300 pips like in march 18 it opens at the begining of the candle and not at 30 pips. Otherwise it would be 10 orders(30x10). Thats what is so nice about it.

  8. #8
    Senior Member
    Join Date
    Jan 2009
    Location
    Australia
    Posts
    631

    Default

    what is the best time frame and pair

  9. #9
    Senior Member
    Join Date
    Jan 2009
    Location
    Australia
    Posts
    631

    Default

    Can we add MM into this EA!

  10. #10
    Junior Member
    Join Date
    Apr 2009
    Posts
    6

    Default

    Quote Originally Posted by tkaboris View Post
    Looks like ilan is improved by adding rsi on enters, thus requiring less capital to work with it.
    Currently how i use ilan.
    If i set it to 1M it is going to make lots of money but eventualy will blow up. If i put it to H1(which i currently do) it takes less trades. So what i do is when i am by the computer i switch to M1 and watch it till its going to open second or third martingale position and then i switch it back to H1. Usually if market is right M1 will not open 3 martingale position, but it its wrong i have swithced to conservative settings.

    I have managed to have pipstepexponent enabled. Two weeks ago was a 450 pip move in opposite direction. With depo 1000, lots 0.01 lot exp 1.5 and pipstep30 and pipstepexp 1.3 i had only -350$. This significantly helps live through large drawdowns. Pipstep exp is when pipstep is 30, pipstep exp 2 will open next order at 60 pips.

    SO Feature is:
    To have Ilan work on 1M with fixed pipstep until 2 or third(varialbe) martingale position is opened and they switch it to h1 with pipstepexp enabled. When all of the positions closed switch back to M1 and fixed pipstep.
    Hi tkboris,

    Any change should we apply on the EA setup for 4 digit broker?

    -k-

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