NEXA Ichimoku Basic Trend PRO

Product Description (EN)

NEXA Ichimoku Basic Trend PRO

NEXA Ichimoku Basic Trend PRO is an automated trading system based on Ichimoku trend analysis combined with price structure conditions.
The system is designed to identify market direction and execute trades only when predefined conditions are met.

This Expert Advisor does not rely on a single indicator signal. Instead, it applies multiple filters to evaluate market conditions before entering a trade.

🔹 Key Features

  • Trend detection using Ichimoku indicator
  • Entry conditions based on moving averages and price structure
  • Volatility-based stop loss and take profit levels
  • Built-in risk management system
  • Controlled trade frequency to avoid excessive entries

🔹 Trading Logic Overview

The system operates as follows:

  1. Determines the overall market direction using the Ichimoku indicator
  2. Checks whether price is within defined structural conditions
  3. Applies additional filters before confirming entry
  4. Automatically sets stop loss and take profit based on risk parameters

🔹 Risk Management

  • Each trade includes a predefined stop loss
  • Option to use fixed lot size or risk-based position sizing
  • Stop levels can adapt to market volatility

🔹 Input Parameters (Inputs)

General Settings

  • InpSymbol : Trading symbol (empty = current chart)
  • InpFixedLots : Fixed lot size
  • InpUseRiskPercentLot : Enable risk-based lot sizing
  • InpRiskPercent : Risk per trade (%)
  • InpMagicNumber : Unique identifier for the EA

Trading Settings

  • InpOnePositionOnly : Allow only one position at a time
  • InpSlippagePoints : Maximum slippage
  • InpCooldownMinutes : Time delay between trades

Indicator Settings

  • Ichimoku parameters (Tenkan, Kijun, Senkou Span)
  • Moving average settings
  • ATR-based volatility settings

🔹 Recommended Environment

  • Symbol: GOLD (XAUUSD)
  • Timeframe: H1
  • Platform: MetaTrader 5
  • Low spread trading environment is recommended

🔹 How to Use

  1. Attach the EA to a chart in MetaTrader 5
  2. Enable AutoTrading
  3. Run with default or customized settings

🔹 Important Notes

  • Trading results may vary depending on market conditions
  • There is always a risk of loss in trading
  • Users should apply proper risk management based on their own capital

🔹 Additional Information

  • No DLL usage
  • No external data requests
  • No personal data collection
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MQL TOOLS SL
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