Cross moving average strategies are one of the most popular strategies. There are many gurus and people who think that it can be profitable. Therefore, and driven by a request from another user I finally decided to do an EA of this strategy. The EA has many options and I tried to do my best, but remember, as I always say, it should be used as a tool to realize the profitability of the strategy at least before you decide to use it with specific parameters in a real account.
This is the most complete EA ever created based on Ichimoku's strategy. I'm not kidding, check it out for yourself. It has each and every one of the possible combinations of its elements. In addition, it also has advanced management/closing systems and time filters. There are endless options. This is EA was designed only for advanced traders who want to know the secrets about Ichimoku, you should use this EA to investigate and find out the reality.
This EA is based on a custom indicator. The indicator was proposed by the user Matthew Todorovski . You can find the indicator here . (You don't need it to run the EA but it will be more visible for you if you add it into the chart).
I decide to convert the indicator into an EA because I thought that it could be a GREAT opportunity to review the posible profitability of the Breakouts and the Partials Closes .
Magic Number - This is the identification of the EA,
Sometimes the question is not "How" or "Where" ... but "When" . Time is an important variable, if you do not agree with me now you will be in the future, it is only a matter of time .
I made a simple and modifiable indicator that gives you the opportunity to mark time periods. It will also show you the days of the week. The idea of the indicator is to make you see that there are some patterns or systems that are more profitables in a certain period of time or days.
If you like the indicator
Have you ever asked yourself if the candlestick patterns really work? . I made an EA that is capable to recognize some of them. The main idea is to use it as a tool to realize if they can be profitable in some situation. The EA is totally free, that means that you can backtest it but you also can test it forward, in that case you better use a demo account until you are sure how to make money. You can read more about the patterns that I used here . You can propose other patterns and I will add
I decided to make a simple panel that could be used both live and in Backtest, this way anyone who has a manual strategy can check how it would have gone in the past with that strategy in a simple and fast way. The configuration is really simple and in the video I show it. To be able to use it in backtest, save a template with the same name of the EA in which it was placed. I hope you like it, leave a comment with your thoughts.
This EA is based on the most popular traditional indicators. It is a very complete EA in terms of options and at the same time it is really easy to understand how it works. It will give you the option to select the indicator you want to use as an EA and determine all its parameters. You can also decide what type of signal produced by the indicator you want to use to enter and exit the market. The EA incorporates a wide variety of closing systems and everything is customizable. You can use a t
Spread does not give you always all the information that you would like to know. It could be difficult to identify if spread is big or small enough to open a trade in a optimal situation. For this reason I thought it could be a good idea to compare it with the volatility. The result of this comparation is the "Relative" which means de ratio between the Spread and the Average True Range (ATR). You can choose the font, the size, the color and the ATR period.