IchiSpikeGrid EA MT4

IchiSpikeGrid EA (MT4) trades EURUSD the way experienced bank dealers do: it finds the main trend on a higher timeframe, then sells rallies in a downtrend and buys dips in an uptrend. It does not chase breakouts. It waits for a short-term spike against the trend and fades it. A MetaTrader 5 version is also available.

How it trades

  • Trend filter (H4 Ichimoku): sells only when price is below the cloud and Tenkan is below Kijun; buys only in the opposite case. No trend, no trade.
  • Entry (H1 counter-spike): a new unit is opened when price stretches away from the 20 EMA by at least 0.8 ATR and makes a new 6-bar extreme against the trend.
  • Units and grid: every entry is one fixed unit. If price keeps moving against the basket, new units are added only at a minimum distance (25 pips), up to a maximum of 11 units. There is no lot multiplication (no martingale).
  • Exits: each unit takes its own profit (30 pips). The whole basket closes when the weighted average reaches the basket target (25 pips); profits already taken from single units count toward that target.
  • Trend flip exit: when the H4 Ichimoku trend turns against the open basket, the basket is closed.

Protection

  • Equity protection: closes the basket if its floating loss reaches a % of balance (default 20%).
  • Optional stop loss per unit and optional loss cut of the worst unit.
  • Trading hours, Friday cut-off, optional Friday basket close, spread filter.
  • Free margin, volume limits, stops level, trade session and trade context are checked before every order.
  • Info panel on the chart: trend, basket, average price, floating P/L, status.

Recommended setup

  • Symbol: EURUSD. Chart timeframe: H1 (the EA reads H4 and H1 itself). The default settings are made for EURUSD H1.
  • Minimum deposit 1,000 USD with 0.01 lot per 1,000. Smaller accounts are forced to the minimum lot and take much higher relative risk.
  • Low-spread ECN/STP broker and a VPS. Suggested spread filter: InpMaxSpreadPts = 25.
  • Please backtest with the "Every tick" model before using it. Coarse models (control points, open prices) do not show where unit take profits are really filled.

Main parameters

  • Trend filter: InpBiasTF, InpTenkan, InpKijun, InpSenkou, InpRequireTK, InpAllowSell, InpAllowBuy
  • Entry: InpEntryTF, InpMAPeriod, InpMAMethod, InpATRPeriod, InpSpikeATR, InpExtremeBars, InpGridStepPips, InpOneEntryPerBar
  • Size: InpLotMode (Fixed / Auto), InpFixedLot, InpLotPer1000, InpMaxUnits
  • Exits: InpUnitTPPips, InpBasketTPPips, InpCountRealized, InpFlipExit, InpCutAfterUnits, InpCutLossPips
  • Risk: InpUnitSLPips, InpMaxDDPct, InpMaxSpreadPts
  • Hours (server time): InpStartHour, InpEndHour, InpFridayLastHour, InpCloseFriday

Important risk notice

This is a grid strategy: it adds units when price moves against the basket and by default uses no fixed stop loss per unit. Losses are limited by the trend-flip exit and the equity protection, not by a stop on each trade. A fast move against the basket can still produce a large loss up to the equity protection level. Past results do not guarantee future results. Test on a demo account first and use only money you can afford to lose.

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MQL TOOLS SL
4.63 (43)
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5 (20)
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Quantum King MT4
Bogdan Ion Puscasu
5 (6)
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BioBot
Andriy Sydoruk
Here is the corrected and adapted description for your BioBot scalping system in English , fully aligned with the actual input parameters from your code: BioBot Scalping System Description BioBot is a high-performance automated scalping trading system designed for trading various financial instruments (currency pairs, metals, etc.), primarily on M1 – M15 timeframes. Optimizing BioBot just once (for example, over a one-month period) is sufficient to deliver strong results on a forward period sev
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Profalgo Limited
5 (1)
PROMO DE LANCEMENT : SEULEMENT 34 9 $ au lieu de 990$ ! Il ne reste que quelques exemplaires à ce prix promo ! N'oubliez pas de consulter notre "   Pack combo Ultimate EA   " sur notre   blog promotionnel   !   JOIN PUBLIC GROUP:   Click here Résultats en direct à faible risque Résultats en direct à haut risque Bienvenue chez STABILITY PRO  : l'un des systèmes de réseau les plus avancés, stables et à faible risque du marché ! Cette EA a été soumise à des tests de résistance sur l'historique
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Shane Lee
5 (2)
Real Trading Account  LIVE SIGNAL 1K:  https://www.mql5.com/en/signals/2378166 Check Out All Our Products :   Click Here Fortress is an automated breakout Expert Advisor for MetaTrader 4 & 5, developed primarily for XAUUSD. The EA utilizes multiple confirmation algorithms and internal strategies to identify optimal breakout points at key support and resistance levels. Position sizing and trade frequency automatically adjust to the user's account balance and maximum drawdown settings, although
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Bazooka EA – Expert Advisor de Tendance et Momentum pour MT4 MT5:  https://www.mql5.com/en/market/product/163078 Important :   Nous publions régulièrement des fichiers .set mis à jour dans la section   Commentaires . Veuillez vous assurer d'utiliser la version la plus récente pour vos backtests et votre trading réel afin de garantir des performances optimales face à la volatilité actuelle du marché. Bazooka EA est un Expert Advisor entièrement automatisé pour MetaTrader 4 , conçu pour trader les
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