Ichimoku Breakout
- Experts
- Aharon Tzadik
- Version: 20.4
- Updated: 29 January 2025
- Activations: 20
"Ichmoku Breakout"
New Expert Advisor Calculates several time frames of multiple indicators, and calculates currency strength,and a new algorithm for predicting profitable trades. Also uses "price action" and draws "Linear Regression Channel" on chart and trades with its trend on chart and trades with the trend It also uses a strategy based on Ichmoku retracement.
- Small number of variables for optimization.
- Easy to operate,Accessible and User-friendly.
- Best time frame 1H.
- Works with Major forex pairs: EUR/USD. GBP/USD. USD/CHF etc...
Trading strategy:
Multiple indicators, currency strength, with new algorithm.
Instructions:
Optimize this EA using the variables below for a year back, and use one pair(for example EUR/USD) with 3K.
Parameters:
- ------------[Money Trailing Stop]---------------
- Take_Profit_Money = Take Profit In Money in current currency (values: 25-200).
- Stop_Loss_Money = Stop Loss In Money in current currency (values: 5-20)
- --------------- [Lot Size ] -----------------------
- Lotsize = lot volume, (values: 0.1-1).
- LotExponent = All trades that come after the first trade will grow exponentially by this value.(values: 1.1-2).
- ---------------[Indicator Value] -----------------
- FastMA = Fast Moving Average indicator value (values: 1-40 ).
- SlowMA = Slow Moving Average indicator value (values: 50-200).
- ----------------[ Stop Order]---------------------
- TotalEquityRisk = Total Equity Risk in percentages (drawdown) (values: 5-40).
- Maximum Orders = maximum trades (values: 1-10).
- MagicNumber = Magic number (values: 1-100000).
You need to optimize this EA once every few months (not more than 6) and use the exact same inputs from above .
How to use the EA:https://bit.ly/2CD7XWD
Demo version:https://www.mql5.com/en/market/product/25491