CAP Ichimoku EA MT5
CAP 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.
The EA implements the following five entry strategies, that can be select any of one at will:
- Tenkan-Kijun Cross -
- BUY trade - When Tenkan-sen cross above the Kijun-sen.
- SELL trade - When Tenkan-sen cross below the Kijun-sen.
- Kumo Cloud Breakout -
- BUY trade - When price close above the Kumo cloud.
- SELL trade - When price close below the Kumo cloud.
- Kijun-Price Cross -
- BUY trade - When price close above the Kijun-sen and Kijun-sen is above the Kumo.
- SELL trade - When price close below the Kijun-sen and Kijun-sen is below the Kumo.
- Chikou Breakout -
- BUY trade - When Chikou breakout above the range of last 26 period price.
- SELL trade - When Chikou breakout below the range of last 26 period price.
- Kumo Future Twist -
- BUY trade - When Kumo in future turns bullish i.e. SpanA cross above the SpanB in future.
- SELL trade - When Kumo in future turns bearish i.e. SpanA cross below the SPanB in future.
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
For a common input parameters of the EA, kindly read the Here.
All parameters are calculated as points, not pips.
I am happy to provide free products but given my limited time, they come without support of any kind. My apologies.
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