CAP Ichimoku EA MT5
- Experts
- MEETALGO LLC
- Version: 4.4
- Updated: 2 April 2023
CAP Ichimoku EA MT5 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 | All Products ]
Functions
- Easy to use and customizable setting.
- Customizable indicator settings
- Built-in money management
- Grid trading when trade in Loss
- Customizable break-even, SL, TP and trailing-stop
- Filter trading by multiple forex sessions
- Built-in news filter. EA automatic download news data from news website.
- Grid trading when trade in Profit (In Pro Version)
- Initial trade stop filter- you can set a daily time zone so EA will close all trades in that time. (In Pro Version)
- Trade close filter by Daily time (In Pro Version)
- Implements a martingale features (In Pro Version)
- Partial Closing (In Pro Version)
Know more details about PRO version
Entry Strategies
Tenkan-Kijun Cross:
- Buy Trade: When Tenkan-sen cross above the Kijun-sen.
- Sell Trade: When Tenkan-sen cross below the Kijun-sen.
Tenkan-Kijun Cross (Advance):
- Buy Trade: When Tenkan-sen cross above the Kijun-sen + Tenkan-sen is above the Kumo Cloud + Kumo Cloud is bullish.
- Sell Trade: When Tenkan-sen cross below the Kijun-sen + Tenkan-sen is below the Kumo Cloud + Kumo Cloud is bearish.
Kumo Cloud Breakout :
- Buy Trade: When open price are below Kumo cloud line and close price are above the Kumo cloud.
- Sell Trade: When open price are above Kumo cloud line and close price are below the Kumo cloud.
Kumo Cloud Breakout (Advance) :
- Buy Trade: When open price are below Kumo cloud line and close price are above the Kumo cloud + Tenkan-sen is above Kijun-sen + Future Kumo is bullish.
- Sell Trade: When open price are above Kumo cloud line and close price are below the Kumo cloud + Tenlan-sen is below Kijun-sen + Future Kumo is bearish.
Kijun-Price Cross:
- Buy Trade: When price cross above the Kijun-sen and Kijun-sen is above the Kumo cloud.
- Sell Trade: When price cross below the Kijun-sen and Kijun-sen is below the Kumo cloud .
Chikou Breakout:
- Buy Trade: When price cross from lower to upper value of Chikou Spanline and Chikou Spanline is above both Senkou Span A and Senkou Span A. When both condition meet it open buy trade.
- Sell Trade: When price cross from upper to lower value of Chikou Span line and Chikou Span line is below both Senkou Span A and Senkou Span A. When both condition meet it open buy trade.
Kumo Future Twist:
- Buy Trade: When future Kumo turns bullish i.e. SpanA cross above the SpanB in future.
- Sell Trade: When future Kumo turns bearish i.e. SpanA cross below the SPanB in future.
For a complete description of the input parameters of the EA, kindly read the Here.
Our Strategy Builder EA are ALL-IN_ONE EA that has all function as PRO version with others 34+ build in indicator so you can make 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.
I am happy to provide free products but given my limited time, they come without support of any kind. My apologies.
If you want personal custom development of this product. For Details to with us.
Mohammad Ali, technical analyst and speculator, software engineer and founder of MEETALGO LLC.
I like to adjust everything and backtested it. And that is what you can do with this robot ->Thanks