IchiSpikeGrid EA MT4

IchiSpikeGrid EA (MT4) trades EURUSD the way experienced bank dealers do: it finds the main trend on a higher timeframe, then sells rallies in a downtrend and buys dips in an uptrend. It does not chase breakouts. It waits for a short-term spike against the trend and fades it. A MetaTrader 5 version is also available.

How it trades

  • Trend filter (H4 Ichimoku): sells only when price is below the cloud and Tenkan is below Kijun; buys only in the opposite case. No trend, no trade.
  • Entry (H1 counter-spike): a new unit is opened when price stretches away from the 20 EMA by at least 0.8 ATR and makes a new 6-bar extreme against the trend.
  • Units and grid: every entry is one fixed unit. If price keeps moving against the basket, new units are added only at a minimum distance (25 pips), up to a maximum of 11 units. There is no lot multiplication (no martingale).
  • Exits: each unit takes its own profit (30 pips). The whole basket closes when the weighted average reaches the basket target (25 pips); profits already taken from single units count toward that target.
  • Trend flip exit: when the H4 Ichimoku trend turns against the open basket, the basket is closed.

Protection

  • Equity protection: closes the basket if its floating loss reaches a % of balance (default 20%).
  • Optional stop loss per unit and optional loss cut of the worst unit.
  • Trading hours, Friday cut-off, optional Friday basket close, spread filter.
  • Free margin, volume limits, stops level, trade session and trade context are checked before every order.
  • Info panel on the chart: trend, basket, average price, floating P/L, status.

Recommended setup

  • Symbol: EURUSD. Chart timeframe: H1 (the EA reads H4 and H1 itself). The default settings are made for EURUSD H1.
  • Minimum deposit 1,000 USD with 0.01 lot per 1,000. Smaller accounts are forced to the minimum lot and take much higher relative risk.
  • Low-spread ECN/STP broker and a VPS. Suggested spread filter: InpMaxSpreadPts = 25.
  • Please backtest with the "Every tick" model before using it. Coarse models (control points, open prices) do not show where unit take profits are really filled.

Main parameters

  • Trend filter: InpBiasTF, InpTenkan, InpKijun, InpSenkou, InpRequireTK, InpAllowSell, InpAllowBuy
  • Entry: InpEntryTF, InpMAPeriod, InpMAMethod, InpATRPeriod, InpSpikeATR, InpExtremeBars, InpGridStepPips, InpOneEntryPerBar
  • Size: InpLotMode (Fixed / Auto), InpFixedLot, InpLotPer1000, InpMaxUnits
  • Exits: InpUnitTPPips, InpBasketTPPips, InpCountRealized, InpFlipExit, InpCutAfterUnits, InpCutLossPips
  • Risk: InpUnitSLPips, InpMaxDDPct, InpMaxSpreadPts
  • Hours (server time): InpStartHour, InpEndHour, InpFridayLastHour, InpCloseFriday

Important risk notice

This is a grid strategy: it adds units when price moves against the basket and by default uses no fixed stop loss per unit. Losses are limited by the trend-flip exit and the equity protection, not by a stop on each trade. A fast move against the basket can still produce a large loss up to the equity protection level. Past results do not guarantee future results. Test on a demo account first and use only money you can afford to lose.

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Here is the corrected and adapted description for your BioBot scalping system in English , fully aligned with the actual input parameters from your code: BioBot Scalping System Description BioBot is a high-performance automated scalping trading system designed for trading various financial instruments (currency pairs, metals, etc.), primarily on M1 – M15 timeframes. Optimizing BioBot just once (for example, over a one-month period) is sufficient to deliver strong results on a forward period sev
Stability Pro MT4
Profalgo Limited
5 (1)
LAUNCH PROMO: ONLY 34 9 $ instead of 990$! Only a few copies left at this promo price! Make sure to check out our " Ultimate EA combo package " in our   promo blog ! JOIN PUBLIC GROUP:   Click here Live results low risk Live results high risk Welcome to STABILITY PRO :  One of the most advanced, stable, low risk grid systems on the market! This EA has been stress-tested over the full available history of the forex pairs that it uses. During these stress tests, the EA was profitable in every
Fortress MT4
Shane Lee
5 (2)
Real Trading Account  LIVE SIGNAL 1K:  https://www.mql5.com/en/signals/2378166 Check Out All Our Products :   Click Here Fortress is an automated breakout Expert Advisor for MetaTrader 4 & 5, developed primarily for XAUUSD. The EA utilizes multiple confirmation algorithms and internal strategies to identify optimal breakout points at key support and resistance levels. Position sizing and trade frequency automatically adjust to the user's account balance and maximum drawdown settings, although
Bazooka EA
Davit Beridze
5 (4)
Bazooka EA – Trend & Momentum Expert Advisor for MT4 MT5:  https://www.mql5.com/en/market/product/163078 Important:   We regularly release updated set files in the   Comments   area. Please ensure you are using the most recent version for your backtests and live trading to ensure optimal performance with current market volatility. Bazooka EA is a fully automated Expert Advisor for MetaTrader 4 , designed to trade directional market moves using trend confirmation and momentum filtering . The EA f
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