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LVL Ichimoku Kumo BO

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Published: 30 December 2023

Current version: 14.3

LVL Ichimoku Kumo BO

Experts
LVL Invest
Version: 14.3

Use this expert advisor whose strategy is essentially based on the Ichimoku Kumo Break Out as well as a personal touch.

Other free expert advisors are available in my personal space as well as signals, do not hesitate to visit and leave a comment, it will make me happy and will make me want to offer content.

Expert advisors currently available:

LVL Creator
LVL Creator Pro
LVL Bollinger Bands
LVL RSI mt5

Trading is not a magic solution, so before using this expert on a live account, carry out your back tests and tests on a demo account.

When you will use that expert advisor on a live account, don't hesitate to share your account link with me, I would be delighted to follow your results.

. Definition of parameters:

Values between parentheses mean the default values of the indicators.

Risk Management

Allocation Type: how the allocation is calculated
Size: size value depending of the allocation type

Stop Loss

Use stop loss when opening order: true to set a stop loss while opening a position, false otherwise
Use trailing stop loss: true to use a trailing stop loss, false otherwise
Stop loss type: stop loss type to use
Stop loss value: stop loss value to use

Take Profit

Use take profit: true to set a take profit while opening a position, false otherwise
Take profit type: take profit type to use
Take profit value: take profit to use

Settings

Reverse trades: true to open the opposite type of position provided by the strategy, false otherwise
Close all positions and switch off the EA: true to close all open positions and switch off the expert advisor
Magic number: magic number to open positions

Trading Hours

Trading start hour: the time from which the EA can open a position
Trading end hour: the time from which the EA closes a position

Trading Days

Monday: true open a position on Monday, false otherwise
Tuesday: true open a position on Tuesday, false otherwise
Wednesday: true open a position on Wednesday, false otherwise
Thursday: true open a position on Thursday, false otherwise
Friday: true open a position on Friday, false otherwise
Saturday: true open a position on Saturday, false otherwise
Sunday: true open a position on Sunday, false otherwise

Trades

Close all positions every day: true to close all positions every day at the time corresponding to “Trading end hour”, false otherwise
Close all positions on Friday: true to close all positions on every Friday at the time corresponding to “Trading end hour”, false otherwise
Open buy positions: true to authorise the EA to open buy positions, false otherwise
Open sell positions: true to authorise the EA to open sell positions, false otherwise

Position Management

Position management: type of position management (none, martingale or grid)
Coefficient type: if the new lot size is an addition or a multiplication from the last lot size
Coefficient management: the value to add or multiply to calculate the new lot size
Max number of positions: the maximum number of positions in case of grid
Min distance between positions: the minimum distance in points between the last and the new position

Ichimoku Kumo BO

Number of Ichimoku Kumo BO to use: number of Ichimoku Kumo BO to use
Ichimoku Kumo BO timeframe short: timeframe of the first Ichimoku Kumo BO
Ichimoku Kumo BO timeframe long: timeframe of the second Ichimoku Kumo BO (useless if 1 Ichimoku Kumo BO)
Tenkan Sen: period of Tenkan-sen
Kijun Sen: period of Kijun-Sen
Senkoun-Span: period of Senkou-Span

more...

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Build your own trading strategy using the combination of indicators you want from those offered (each indicator can be used up to 2 times) in addition to a few personal touches: Average True Range Bollinger Bands Ichimoku Kumo Breakout Ichimoku Tenkan Sen Kijun Sen Cross (TKC) MACD MFI Mobile Average RSI SAR Stochastic Double Mobile Average Triple Mobile Average Other free expert advisors are available in my personal space as well as signals, do not hesitate to visit and leave a comment, it wi

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The strategy is based on a market analysis for a specific time period. Once the market analysis is completed, the Expert Advisor opens a position if the trend is confirmed. Trading is not a magic solution, so before using this expert on a live account, carry out your back tests and tests on a demo account. When you will use that expert advisor on a live account, don't hesitate to share your account link with me, I would be delighted to follow your results. . Live signals . Suggested symbols

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