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Ichimoku Breakout Demo

"Ichmoku Breakout demo" Expert Advisor uses 4 Different strategies to trade with "Ichmoku" levels ,"RENKO" box size and more,It can trade with  all time frames .

 It finds the trend with two Moving Averages and a distance between them to check volatility. It also has a special built-in algorithm that calculates the price rate of change within the smaller and higher timeframe in relation to the timeframe which you work with,it also uses "RENKO" box size in pips or with "ATR" indicator.

This EA works only with open price of every bar!

Trading strategy

The EA works in 8 modes:

If "Switch" = "1" the EA works with "Ichimoku" and local minimum\maximum price levels as breakout levels. 

If "Switch" = "0" the EA works with "Ichimoku" and local minimum\maximum price levels as support and resistance levels.

4 new improved strategies:Trailing_stop,Martingale1,Martingale2,Zone_Recovery.

  • If "Strategy"="Trailing stop" simple trading with trailing stop loss.
  • If "Strategy"="Martingale1" -if you lose a trade next trade will be with multiplied lot size,with the option to wait between trades if there are more then maximum predefined loss trades.
  • If "Strategy"="Martingale2" -if the trade goes in the opposite direction from your first trade after a predetermined number of pips, then it opens another trade with multiplied lot size ,with the option to limit number of trades..
  • If "Strategy"="Zone Recovery" Zone recovery area hedging strategy, 10 trades max with the option to limit number of trades.

You can work with or without trailing stop:

If "TrailingStop" = 0, then the trailing stop loss will not work.

If "TrailingStop" = values from 10 to 100, then the trailing stop loss will work.

With the "TrailingStop" the stop loss price level will change its position at the value in pips you set.

The Expert Advisor works on four different timeframes simultaneously.

The Expert Advisor  multitimeframe .

You have the option to send a mail notification to your email, so it will let you know about every trade.

This version has a built-in algorithm that calculates the price rate of change within the smaller and higher timeframe in relation to the timeframe which you work with.

This Expert Advisor works only with open\close price of every bar.

 demo version  EA works only with "EURUSD"


Parameters

  • Switch - When "Switch" = "true" breakout mode, "Switch" = "false" retracement mode.
  • Atr=Enable ATR indicator value as Renko box size (values: 0-1).
  • BOX1=Renko box size in pips (values: 5-100).
  • CandlesToRetrace=Number of candles to wait for Renko box (values: 10-100).
  • Strategy:
    • "Trailing stop" .
    • "Martingale1" .
    • "Martingale2" .
    • "Zone Recovery" .
  • Zone_Recovery_Area=Zone_Recovery_Area(in pips) (values: 50-80).
  • Multiply=Multiplier for lot size, (values: 0.01-4).
  • Period_MA_0= Period of supporting MA for current timeframe,  (values: 1-100).
  • Period_MA_1= Period of calculated MA, (values: 1-100).
  • Bars_V=Amount of bars for calculating rate, (values: 1-100).
  • Aver_Bars  = Amount of bars for smoothing, (values: 1-100).
  • K  =Amplifier gain, (values: 1-100).
  • DecreaseFactor= decrease from total margin when lose a trade.
  • TrailingStop= set a value from 10 to 100 to activate trailing stop loss, "0" will not activate trailing stop loss.
  • Stop_Loss=value of stop loss level, (values: 10-100).
  • Take_Profit= value of take profit level, (values: 10-200).
  • Distance= step in pips between two Moving Averages, (values: 10 - 50).
  • FastMA= fast Moving Average , (values: 1 - 40).
  • SlowMA= slow Moving Average,  (values: 40 - 200). 
  • MaxTrade=  maximum trades to run,(values:  1-20).
  • PipStep= Distance in pips to open a new trade, (values: 10-50).
  • CLOSEMAXORDERS=Close all orders if there are more than maximum predefind orders(true/false).
  • Start=Start hour(values: 0-23).
  • End=End hour(values: 0-23).
  • WaitTime= Wait time if loss trades ,in minutes (values: 0-999999)
  • MagicNumber= Magic number (values: 1-100000)
This demo EA is limited in variables that are predefined:
  • Lots - 0.01 is predefined. Not changeable and not visible. It is 1: 1,000,000 of the initial deposit. With a small initial deposit, the EA will use the minimum possible value of lot size.

  • MaximumRisk - maximum risk from total margin in %, should be 0.01 - 0.3. 0.001 is predefined. Not changeable and not visible.


Matthew Todorovski
12115
Matthew Todorovski 2018.05.10 14:44 
 

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Version 10.0 2018.10.01
4 new improved strategies:Trailing_stop,Martingale1,Martingale2,Zone_Recovery.

If "Strategy"="Trailing stop" simple trading with trailing stop loss.
If "Strategy"="Martingale1" -if you lose a trade next trade will be with multiplied lot size,with the option to wait between trades if there are more then maximum predefined loss trades.
If "Strategy"="Martingale2" -if Ithe trade goes in the opposite direction from your first trade after a predetermined number of pips, then it opens another trade with multiplied lot size ,with the option to limit number of trades.
If "Strategy"="Zone Recovery" Zone recovery area hedging strategy, 10 trades max with the option to limit number of trades.
Version 7.0 2018.06.21
The stop loss was activated only if the trade went in the right direction for some pips. Now it is activated and visible from the start, also there is the new stop command that accepts the value of "ATR" indicator for double guard,
and now the EA uses volume to identify changes in the market.

3 new variables:
Strategy:
If Strategy="Trailing stop" regular trailing stop loss.
If Strategy="Martingale" - if you lose a trade next trade will be with multiplied lot size.
If Strategy="Zone Recovery" Zone recovery area hedging strategy.
Zone_Recovery_Area =Zone_Recovery_Area(in pips)
Multiply=lot multiplier for martingale strategy
In demo version the EA can work only with "EURUSD"
Version 5.0 2018.03.14
The trailing stop loss did not work in sell orders. Now the error has been fixed, everything else is the same.
Version 2.0 2018.02.20
What's new:

New Trading strategy with parameter "Switch":
The EA works in two modes: breakout and retracement.

New "TralingStop":
You can work with or without trailing stop.

New Parameters:
Switch.
History.
Period_MA_0.
Period_MA_1.
Bars_V.
Aver_Bars.
K.
TralingStop - new values.
StopLloss - new values.
TakeProfit - new values.


ATR - not in use.
Maxc - not in use.
This demo EA is limited in variables that are predefined:
***Lots***
***MaximumRisk***