NEXA Ichimoku Directional System
- Experts
-
Park Seongcheon
Hello,
My name is Park Sung Chan, a developer specializing in MetaTrader 5 algorithmic trading systems.
I design and research long-term, reliable automated trading models based on the structural characteristics and statistical patterns of financial markets. - Version: 2.11
- Activations: 5
NEXA Ichimoku Directional System
Description
NEXA Ichimoku Directional System is an automated trading system designed to identify market direction using a combination of Exponential Moving Average (EMA), Ichimoku indicators, and the Relative Vigor Index (RVI).
The system analyzes trend direction and market strength, and executes trades only when predefined conditions are met. It is structured to evaluate price position, cloud structure, and momentum in a consistent and rule-based manner.
Key Features
- Trend direction detection using EMA
- Market structure analysis with Ichimoku Cloud
- Momentum filtering using RVI
- Volatility-based filtering with ATR
- Spread and trading condition filters
- Automatic Stop Loss and Take Profit settings
- Built-in trailing and protection mechanisms
How It Works
The system follows a structured decision process:
- Determines the overall trend using EMA
- Analyzes price position relative to the Ichimoku Cloud
- Confirms direction and strength using RVI
- Applies volatility and market condition filters
- Executes trades only when all conditions are satisfied
This approach is designed to reduce unnecessary entries and focus on structured market conditions.
Risk Management
- Position size is calculated based on a defined risk percentage
- Stop Loss and Take Profit levels are set according to market volatility
- Protective mechanisms are included to limit exposure during unfavorable conditions
Input Parameters (Summary)
- Risk Percent: Risk per trade
- Fixed Lot: Fixed lot size option
- EMA Period: Trend calculation period
- ATR Period: Volatility measurement
- Spread Filter: Maximum allowed spread
- Trade Direction: Enable/disable buy or sell trades
All parameters can be adjusted by the user.
Environment
- Platform: MetaTrader 5
- Applicable to any symbol
- Recommended timeframe: M15 or higher
Notes
This product is an automated trading tool. Trading results may vary depending on market conditions.
Users should test and evaluate the system before using it in a live trading environment.
