• Overview
  • Reviews (24)
  • Comments (23)

PZ Ichimoku EA

3.91

Trade the Ichimoku Kinko Hyo Indicator with complete freedom using a powerful and flexible EA. It implements many entry strategies and useful features, like customizable trading sessions and a martingale mode. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ]

  • Easy to use and supervise
  • It implements several entry conditions
  • Customizable break-even, SL, TP and trailing-stop settings
  • Works for ECN/Non-ECN brokers
  • Works for 2-3-4-5 digit symbols
  • Implements a martingale feature
  • Filter trading by forex sessions

The EA implements many entry strategies that can be enabled or disabled at will:

  • Breakouts of the Kumo Cloud
  • Tenkan / Kijun Sen Crosses confirmed by Kumo color
  • Tenkan / Kijun Sen Crosses inside the Kumo cloud
  • Tenkan / Kijun Sen Crosses against the Kumo color
  • Breakouts of Kijun Sen confirmed by the trend
  • Breakouts of Kijun Sen confirmed against the trend

Additionally, it implements four different money management modes:

  • Trade manual lotsize: The EA will trade a fixed lotsize on each trade
  • Auto-calculation of lotsizes: The EA will risk % of the account on each trade
  • Martingale: The EA will double the lotsize after a losing trade
  • Inverse Martingale: The EA will double the lotsize after a winning trade


Input Parameters

  • Ichimoku Settings - This parameter group holds the parameters of the indicator.
  • Events to trade - This group allows you to enable or disable entry conditions.
  • Session Settings - Enable or disable trading for the Assian, European or American sessions.
  • Position Management - This group of settings applies to trading decisions and trade management. You can select trading direction, break-even in pips, trailing-stop in %, trailing-step in pips, stop-loss in pips and take-profit in pips.
  • Money Management - In this settings block you can set the lotsize for the first trade, or allow the EA to calculate it by itself. It also implements a martingale behavior. Entering a manual lot size is recommended.
  • EA Settings - You can select the magic number for the trades, custom comment and manual pip value if you need to override the one the default one. Do not change these unless you know what you are doing.

What to expect

This EA is a general purpose tool which success depends on your understanding of the underlying strategy and your ability to configure it. This EA will not generate profits under all market conditions and does not claim to do so. It is up to you to find the best parameters for each symbol and timeframe using the strategy tester.

Support

I am happy to provide free products but given my limited time, they come without support of any kind. My apologies.


Author

Arturo Lopez Perez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.

Reviews 20
Aleksandr Agrushev
2443
Aleksandr Agrushev 2024.02.17 17:58 
 

"Adjusted to fit my strategy and activated it to use 1% of the deposit, so far everything is to my liking. You can observe the results in my profile. I use a large number of advisors, including paid ones. Thanks to the author for the excellent work!"

Top Secret
967
Top Secret 2023.06.05 22:41 
 

Yes XASUSD(M15,M30 orH1) good. Scalper !

palmer134
84
palmer134 2022.11.18 14:34 
 

good EA

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Welcome to   GoldExcel EA , an effective once a day trader for the XAUUSD pair (GOLD). Developed by our team to work in normal accounts, funded prop accounts and prop challenges! Does not use HFT! SPECIAL BONUS! Buy GoldEXCEL and get free bonus of GoldLORD EA (locked to 5 max accounts)....Offer won't last forever!!! Contact me on PM for more details! See all products here:  https://www.mql5.com/en/users/fxmanagedforexltd/seller Introductory Launch Price, will increase each few weeks. Live $1K
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EA Black Dragon runs on the Black Dragon indicator. The EA opens a deal by indicator color, then there is the opportunity to increase the network of orders or work with stop loss. IMPORTANT! Contact me immediately after the purchase to get instructions and a bonus! Real operation monitoring as well as my other products can be found here:  https://www.mql5.com/en/users/mechanic/seller      Inputs Value  ·          Open new series – True/False – EA will open another series of orders (enable/d
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Launch Promo: Limited number of copies available at current price Final price: 990$ NEW: get 1 EA for free! (for 2 trade accounts) Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Prop Firm Set Live Signal Set Welcome to DayTrade Pro Algo!  After years of studying the markets and programming different strategies, I have found an algorithm that has everything a good trading system needs: It is broker independent I
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Filter:
Aleksandr Agrushev
2443
Aleksandr Agrushev 2024.02.17 17:58 
 

"Adjusted to fit my strategy and activated it to use 1% of the deposit, so far everything is to my liking. You can observe the results in my profile. I use a large number of advisors, including paid ones. Thanks to the author for the excellent work!"

Robert Kieran
18
Robert Kieran 2023.08.17 12:18 
 

confused on the tests all loss. I'm just looking for good settings on Kinjun SEN

Top Secret
967
Top Secret 2023.06.05 22:41 
 

Yes XASUSD(M15,M30 orH1) good. Scalper !

Josh974
15
Josh974 2023.02.17 23:13 
 

Don't get it

Erlend Christiansen
39
Erlend Christiansen 2022.11.19 13:55 
 

Very disappointed in this EA. Not for the season that you might think. But because the EA does not take the trade every time a signal is there.

palmer134
84
palmer134 2022.11.18 14:34 
 

good EA

EllyMaus
374
EllyMaus 2022.05.19 19:17 
 

this is for sure one of the best free EA if you know how to use it.

i only use the kumo-cloud breakout in smaller time units and it works. adjust your stoploss !

Iurii Semenov
220
Iurii Semenov 2022.04.30 05:05 
 

perfect, thanks XASUSD(H4,D1) no - S/L

Paola Salazar
23
Paola Salazar 2021.09.10 23:38 
 

excelente EA realiza las entradas perfectas

Albalalush
45
Albalalush 2021.07.07 17:31 
 

After 2 days of checking trades are opened in the right direction. Thank you

Valeriy Rudov
37
Valeriy Rudov 2021.05.16 22:08 
 

very good EA, but needs to be optimized to work well

Fitziar
124
Fitziar 2021.02.12 12:46 
 

يعمل بشكل جيد

Taresthe
92
Taresthe 2021.02.12 06:17 
 

It's fine for now

Ckalairi
77
Ckalairi 2021.02.11 15:20 
 

Works well

Henk Wijncoop
44
Henk Wijncoop 2021.02.08 19:17 
 

Zeer goed en leuk om te gebruiken , dank je wel .

Mory Ouattara
141
Mory Ouattara 2021.02.07 08:00 
 

Very good EA. Good Entry point.

Levit59
66
Levit59 2021.01.06 08:11 
 

Не очень корректно открывает сделки, по сравнению с зоной

Andrei Toader Micu
604
Andrei Toader Micu 2020.06.30 19:52 
 

Fails in 2020

Fernando F. Souto
524
Fernando F. Souto 2020.05.31 06:03 
 

User didn't leave any comment to the rating

Mikhail Ryzhachenko
774
Mikhail Ryzhachenko 2020.05.21 11:42 
 

С текущими параметрами убыток. Либо дайте сеты и оптимальные пары для торговли.

12
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