CAP Ichimoku EA MT5
- Experts
- MEETALGO LLC
- Version: 4.0
- Updated: 21 February 2022
MeetAlgo Ichimoku EA is trade the Ichimoku Kinko Hyo Indicator with complete freedom using a powerful and flexible EA. It using the metatrader basic ichimoku Indicator. It offers many customizable ichimoku trading scenarios and flexible position management settings, plus many useful features like customizable trading sessions, a martingale and inverse martingale mode. [ Installation Guide | Update Guide | Submit Your Problem | FAQ | All Products ]
- Easy to use and customizable ICHIMOKU setting.
- Enable Grid trading.
- Customizable break-even, SL, TP and trailing-stop
- Works for ECN/Non-ECN brokers
- Implements a martingale features
- Customizable indicator settings
- Filter trading by forex sessions
- Built-in money management
- Built-in news filter. EA automatic download news data from news website.
Four different trading behaviors are available in the EA inputs:
- Both Side (Long and Short): The EA will buy at bullish ma crossovers and sell at bearish crossovers signals both trade
- Any Single Side: Open any one trade which signal come first (Buy or Sell)
- Long Side Only: The EA will buy at bullish signals and disregard bearish signals
- Short Side Only: The EA will sell at bearish signals and disregard bullish signals
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 increase or decrease depend on account balance increase or decrease
- Martingale: The EA will double the lotsize after a losing trade
This free version some function are miss. Pro version has additions function - Pro Version MT4 | MT5
- Has Grid in Profit Side, in free version only have Grid in Loss side
- Has some addition entry strategy
- Has exiting strategy, free version don't have exit strategy
- Profit In Currency (For BothSide) - mean EA can close both buy and sell trade when all trade in profit
- Loss In Currency (For BothSide) - mean EA can close both buy and sell trade when all trade in loss
- Initial trade stop filter - like daily max trade, don't open trade in same candle etc.
- Trade close filter - you can set day time zone so EA will close all trade in that time.
Input Parameters
For a common input parameters of the EA, kindly read the Here.
All parameters are calculated as points, not pips.
Do You Want Ichimoku EA With More Advanced Strategy?
This is strategy builder EA. It product has more then 34+ build in indicator with Ichimoku that you can make more then 1 million combination strategy that boost you trading strategy with an incredible amount of functionality. So you can test your strategy easy way without knowledge of coding. MT4 Version here | MT5 Version here.
Support
I am happy to provide free products but given my limited time, they come without support of any kind. My apologies.
Custom Development
If you want personal custom development of this product. For Details to with us.
Author
Mohammad Ali, technical analyst and speculator, software engineer and founder of Capilta Business Solutions.
I tried to 5m chart and it works great lol.