Thread: Ilan 1.6 improved/must have feature

Thanks for sharing tkaboris! :-)

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

tkaboris,

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

rptrader

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

Originally Posted by tkaboris

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.

Originally Posted by mike58

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.

what is the best time frame and pair

Can we add MM into this EA!

Originally Posted by tkaboris

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-