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Ichimotor EA

Ichimotor EA is a multicurrency, trend based Expert Advisor which works with the intersection of two indicators - Ichimoku cloud and Alligator with customized settings.

Input parameters

  • Entry Method
    • Wait for trend: the EA will wait until the trend matches the arrow based on the 2 senkouspan values.
    • Immediate: the EA will take a trade once the arrow appears.
  • SL/TP Method
    • Static: Stop loss and Take Profit from the Values “SL in Points” and “TP in Points”.
    • SenkouSpanA
      • StopLoss is calculated equal to the distance of price to the SenkouSpanA.
      • TakeProfit is a multiple of StopLoss (in input “TakeProfit Multiplier if Stops SSA or SSB”).
    • SenkouSpanB: Same as before but with SenkouSpanB.
  • Close on opposite signal? - if enabled:
    • it will close Buys when a Sell signal appears.
    • it will close Sells when a Buy signal appears.
  • Max Orders – Maximum number of orders.
  • MinDistance From Last Trade in Points – trades will not be taken unless price moves away from a range described by this parameter.
  • Place System Stops?(SL/TP) – if off, SL and TP are hidden.
  • Lot Calculation Method:
    • LotValue – Static Lot.
    • % of Equity – A % of the Equity that will be lost if SL is hit.
    • % of Balance – A % of the Balance that will be lost if SL is hit.
    • % of FreeMargin – A % of the Free Margin that will be lost if SL is hit.
    • $ amount – The amount of money that will be lost if SL is hit.
    • Lot Value – Input for use with StaticLot.
    • i%R lost if SL is hit (for lots) – Input for use with %of Equity/Balance/FreeMargin.
    • $ lost if SL is hit (for lots) – Input for use with $ amount.
    • Splits total (max20) – Split the TakeProfit into more levels (the amount given here). Don’t set to 0.
    • Use Break Even ? – Enable or disable The BreakEven mechanism.
    • Ticks in profit for application of Break Even: - When this amount of points is reached in profit the BreakEven is applied.
  • Trailing Method:
    • Standard – Classic Trailing with Trail Above level and Trail Distance.
    • Grid – Trailing on the TP’s that are produced by the Split input above.
    • Bar – Trailing in the Highs of previous bars for Sells and the Lows of previous bars for Buys.
    • SenkouSpanA – The SenkouSpanA line is the moving stop loss.
    • SenkouSpanB – The SenkouSpanB line is the moving stop loss.
    • Don’t Trail – No Trailing.
    • Standard Trailing Trail Above Ticks – Standard trailing, if this amount of points is crossed in a trade the trailing begins.
    • Standard Trailing Trail Distance - Standard trailing, the distance of the trail to the price in points.
    • Standard Trailing Acceleration – Speed of reduction of Trailing Distance with every new trail application.
    • Grid Trailing, Trail Above in Splits – After the amount of TPlines (from the Splits) is reached GridTrailing begins.
    • Grid Trailing, Trail Distance in Splits – Distance behind price for Grid Trailing, given in amount of TPlines (from the Splits).
    • Bar Trailing, Bars For SL Discovery – Bars to look back for Bar Trailing (to get the highest high, or lowest low).
    • Kill TP on first Trail? – if on, TP will be removed once the trailing begins.
    • Trail Only Above Risk:Reward Level – if enabled, trailing will only begin above a Reward level mentioned in “Trail above rr level 1:Reward - > enter reward”.
    • Only place Trail in profit area? – Positive SL while trailing, only (if on).
    • Close partial on Split levels? – Partially close the trade on every TPline (from splits).
    • Slippage Points Max – Maximum Slippage while entering trades.
  • Limit Spread? – enable / disable max spread.
  • Maximum Spread Allowed– Max spread value.


Summary

  • Ichimotor EA is a trend based EA that can be run on Forex, Indices and Stocks.
  • Input parameters have to be optimized as per user need.
  • Works on all timeframes.
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5 (2)
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4.6 (20)
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4.89 (19)
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Babak Alamdar
Kaufen Sie keinen Backtest, sondern ein echtes Handelssystem:   Live Signal 1       Live Signal 2 Dieser Preis ist für die Dauer der Aktion befristet und wird in Kürze erhöht Endpreis: 5000 $ Der Preis erhöht sich jeden Freitag Welcome to the GoldPulse AI Hey, I'm GoldPulse AI! Dies ist der erste intelligenteste Roboter, der Gold oder XAU mit vollständigen Paaren wie XAUUSD, XAUEUR, XAUGBP, XAUAUD, XAUJPY, XAUCHF, XAUSGD und XAUCNH handelt! Ich überprüfe jeden Tag die Nachrichten und nu
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4.6 (20)
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4.71 (14)
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One Inch Slap
Inrexea Limited
No Backtesting is allowed: (OIS IS NOT A HFT Strategy, Will not be violated by Prop firm rules) We don't rely on backtest results. The backtesting environment can't access our database to retrieve historical data. We aim to provide clarity to EA traders and not mislead them. The best approach is to monitor our signals. If you're wondering how to verify that it works with your broker, the response is the same: backtesting results alone don't prove effectiveness. "OIS" : The Final product of ours
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Julia Lopez
4.33 (3)
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Profalgo Limited
4.5 (2)
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