Ichi Grid Lot EA
- Experts
- Hoai Phuong Tran
- Versione: 1.10
- Attivazioni: 5
A premium Expert Advisor combining the power of the Ichimoku Kinko Hyo indicator with a modern DCA Grid system, fortified with the most advanced Safety Protections available on MQL5 today.
This guide explains the parameters as they appear in the Inputs tab of MetaTrader 5.
🚀 1. ICHIMOKU SETUP (CORE LOGIC)
•Timeframe for Trading: Timeframe used to check price position relative to Span B.
•Tenkan-sen/Kijun-sen/Senkou Span B Period: Ichimoku indicator settings (Default: 9, 26, 52).
•Logic: Only BUY when price is below Span B. Only SELL when price is above Span B.
🎯 2. RECOMMENDATIONS
•Best Pairs: XAUUSD (Gold), EURUSD, GBPUSD.
•Timeframe: M5 or M15.
•Min Capital: $50 (Cent) or $5000 (Standard).
•Leverage: 1:500 or higher.
📈 3. LOT & GRID SETTINGS
•Lot L1: Initial order volume.
•Lot increase factor 1/2/3/4: Lot multiplier for 4 different stages.
•Order start use lot increase factor 2/3/4: The order number where a new multiplier begins.
•Distance price Lx / Price TP for Lx: Specific grid spacing and take profit for each level (L1 to L16+).
•Order Count to Merge TP into Single Price: Once this count is reached, all TPs are merged into a single price for a quick exit.
•Enable Dynamic Grid by ATR: Automatically expands grid spacing during high volatility.
🛡️ 4. BREAK-EVEN MECHANISMS
•Enable Account Equity Break-even: Closes all positions based on total account equity.
•Target Profit for Equity Break-even (cents): Profit target in cents to trigger the equity close.
•Enable Basket Break-even (Per Direction): Closes a specific direction (Buy or Sell) when it reaches break-even + profit.
•Enable Trailing Profit for Basket: Instead of closing immediately at break-even, the EA trails the profit and only closes if it drops by (Drop in cents to close).
✂️ 5. PROFIT-BASED LOSS CUTTING
•Enable Profit-Based Loss Cutting: Uses realized profits to "prune" the oldest losing orders.
•Initial Capital (cents): Your starting balance in cents (e.g., 500000 for $5000).
•DCA level to start cutting loss: The grid level where the EA starts cutting losers using profit.
🔒 6. SAFETY & HEDGING SYSTEM
•Enable Volatility-Based Hedging: Triggers a hedge if the price moves too far (Trigger hedge if price moves this much) within a short time (Within this time window).
•Hedge max order count threshold: Failsafe that hedges if too many orders open within (Hedge max order time window).
•Enable Flash Crash Protection: Limits the maximum number of orders per candle (Max orders in 1 candle before Hedge).
•Enable Hedge at Max Level: Automatically locks the account when the grid reaches (Grid Level to trigger Hedge). Use the RELEASE HEDGE button to resume.
🕒 7. FILTERS & REMOTE CONTROL
•Max Spread (Points) to enter L1: Prevents L1 entries if the spread is too high.
•Enable News Filter (only stops L1): Pauses L1 entries before and after high-impact news.
•Enable Remote Mobile MT5 Control: Toggle the EA via your phone by placing Limit orders with specific lot sizes (e.g., Lot Buy Limit ON BUY, OFF SELL).
