Ichimoku Trader EA
Expert Advisor based on Ichimoku indicator.
Expert Advisor Features
- All ichimoku parameters available for adjustments.
- Time frame and max opened trades filter.
- Advanced money management system for auto lots.
How It Works
Ichimoku trader EA enter trades based on tenkan-sen and kijun-sen crosses with senkou span cloud filter. when tenkan-sen line crosses above kijun-sen line and price close above senkou span cloud EA will enter buy trade, and when tenkan-sen line crosses below kijun-sen line and price close below senkou span cloud EA will enter sell trade.
- Best trading sessions for ichimoku is high volatility sessions.
- Ignore low volatility pairs because it gives bad results.
- Test the EA on different pairs and timeframes to find the best winning pairs and parameters.
Ichimoku Trader EA has some parameters so you can adjust it according to your needs, I'll explain it in details.
Max Opened Trades 0=disable
Max opened trades in the same time for buy trades and sell trades indivitually.
Close Orders On Reverse Signal
option to let the EA close sell orders when buy signal appears and close buy orders when sell signal appears.
Enable Time Filter
option to enable trading only on speicified hours.
Start Trading Hour
speicifed start hour to start EA trading.
End Trading Hour
speicifed end hour to stop EA from trading.
Tenkan-sen, Kijun-sen, Senkou Span B
ichimoku indicator settings.
order lot size.
enable set orders lot size based on account balance and available margin.
number of precent to risk from your balance to determine orders lot size.
orders takeprofit by pips.
orders stoploss by pips.
orders trailing stop by pips.
orders break even by pips.
Break Even Pips
number of pips to break after order reach Break Even pips in profit.
orders magic number.
Show Trades Info Panel
option to show or hide trading panel from chart.
Version 1.0 12.08.2019
first initial version