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ICHIMOKU EA NEEDED

MQL4 Experts Statistics and mathematics Trading robot/indicator debugging Strategy optimization Strategy modules Forex

Job finished

Execution time 4 days
Feedback from customer
Excellent developer. Was willing to make all the changes I suggested. Don't look any further, he is your guy!
Feedback from employee
Good customer.

Specification

I need the following Ichimoku Strategy. I'll put the buy and sell rules down here:

Buy Rules: 

  • If the price crosses from below to above the cloud (9)
  • If the Kijun Sen is pointing up (8)
  • If the color of the cloud 26 bars away is green (5)
  • If the price crosses from below to above the Kijun Sen (5)
  • If the Kijun Sen crosses from below to above the Tenkan Sen (4)
  • If the Chikou Span crosses from below to above the price (4)
  • If the price crosses from below to above Tenkan Sen (3)
  • If the Tenkan Sen is pointing up (3)

  • Stop Loss: 10 pips below the lowest level of the cloud.

  • Take Profit: Trailling Stop Loss of 20 pips.
  • In the first instance I want a fixed stop loss but when I'm winning money I want a trailing stop that updates every 20 pips. 

Sell Rules: 

  • If the price crosses from above to below the cloud (9) 
  • If the Kijun Sen is pointing down (8)
  • If the color of the cloud 26 bars away is red (5)
  • If the price crosses from above to below the Kijun Sen (5)
  • If the Kijun Sen crosses from above to below the Tenkan Sen (4)
  • If the Chikou Span crosses from above to below the price (4)
  • If the price crosses from above to below Tenkan Sen (3)
  • If the Tenkan Sen is pointing down (3)

  • Stop Loss: 10 pips above the highest level of the cloud.
  • Take Profit: Trailling Stop Loss of 20 pips.
  • In the first instance I want a fixed stop loss but when I'm winning money I want a trailing stop that updates every 20 pips. 


You notice the (8) or (5) etc after each sell or buy rule? These are what I call important points. I only want to enter a positions if the sum of the important points combined is 10 or higher. So the first 2 sell rules give 17, in that case I want to enter a position. But the sum of the last two sell rules is only 6, then I dont want to enter a position. THIS IS VERY IMPORTANT, PLEASE CONTACT ME FIRST IF YOU DONT UNDERSTAND IT. 

Furthermore I also only want to enter a position when the market is trending. If the market is ranging I dont want to enter a position. With what indicators you identify this, I dont care. As long as I only enter positions in a trending market. 

Lastly I want my EA to only open 1 trade at a time. My max risk is 2%.I trade on the H4 chart. 


Please contact me if anything is unclear. Happy coding!















































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