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PZ Ichimoku EA MT5

Trade the Ichimoku Kinko Hyo Indicator with complete freedom using a powerful and flexible EA. It implements many entry strategies and useful features, like customizable trading sessions and a martingale mode. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ]

  • Easy to use and supervise
  • It implements several entry conditions
  • Customizable break-even, SL, TP and trailing-stop settings
  • Works for ECN/Non-ECN brokers
  • Works for 2-3-4-5 digit symbols
  • Implements a martingale feature
  • Filter trading by forex sessions
  • Trading is FIFO/NFA Compliant

The EA implements many entry strategies that can be enabled or disabled at will:

  • Breakouts of the Kumo Cloud
  • Tenkan / Kijun Sen Crosses confirmed by Kumo color
  • Tenkan / Kijun Sen Crosses inside the Kumo cloud
  • Tenkan / Kijun Sen Crosses against the Kumo color
  • Breakouts of Kijun Sen confirmed by the trend
  • Breakouts of Kijun Sen confirmed against the trend

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 risk % of the account on each trade
  • Martingale: The EA will double the lotsize after a losing trade
  • Inverse Martingale: The EA will double the lotsize after a winning trade


Input Parameters

  • Ichimoku Settings - This parameter group holds the parameters of the indicator.
  • Trading Setups - This group allows you to enable or disable trading setups based on Ichimoku.
  • Session Settings - Enable or disable trading for the Assian, European or American sessions.
  • Position Management - This group of settings applies to trading decisions and trade management. You can select trading direction, break-even in pips, trailing-stop in %, trailing-step in pips, stop-loss in pips and take-profit in pips.
  • Money Management - In this settings block you can set the lotsize for the first trade, or allow the EA to calculate it by itself. It also implements a martingale behavior. Entering a manual lot size is recommended.
  • EA Settings - You can select the magic number for the trades, custom comment and manual pip value if you need to override the one the default one. Do not change these unless you know what you are doing.

What to expect

This EA is a general purpose tool which success depends on your understanding of the underlying strategy and your ability to configure it. This EA will not generate profits under all market conditions and does not claim to do so. It is up to you to find the best parameters for each symbol and timeframe using the strategy tester.

Support

I am happy to provide free products but given my limited time, they come without support of any kind. My apologies.


Author

Arturo Lopez Perez, private investor and speculator, software engineer and founder of Point Zero Trading Solutions.

Comentários 5
Lucky Pal
68
Lucky Pal 2020.09.18 06:04 
 

Has a few limitations, but this is still the best free EA on the MQL5 market I've used so far.

Marco Criconia
256
Marco Criconia 2020.10.20 14:16 
 

Good

Juan Gallego
192
Juan Gallego 2020.07.10 23:22 
 

I have run optimizations on this EA, and I am testing it on demo account, it has been profitable, I'll let it run 2 more months and will evaluate if I should use it on real account.

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DO IT MT5 - it is a Secure Automated Software for generation of daily profits for Forex market and indices. The architecture is a Fully Automatic Autonomous Robot Expert capable of ⭐⭐⭐⭐⭐   independently analyzing the market and making trading decisions   ⭐⭐⭐⭐⭐ The Trading system is Multi-currency and is able to trade on charts:  EURUSD, USDJPY, GBPUSD, DAX30, GOLD, SPX500  🔥   The Best and Latest settings for DOIT v9.77        🔥  🔥  You Can additionally contact me Instagram          🔥 
490 USD
Gold and Currencies Super Trends Crawler
Hesham Ahmed Kamal Barakat
Trends Super Crawler MQL5 MetaTrader Expert Advisor - Gold and currencies Auto Trader Robot This is a Trends Super Crawler expert Advisor for trading Gold and Currencies, using MetaTrader5 platform. This code is capable of working with any timeframe. With very minimal losses close to 1% DrawDown. Starting with as low as $1000. Multi Position system and Scaling system are available for multiplications of positions and lots, which kick in after a certain balance is reached.
3 700 USD
Exp5 The xCustomEA for MT5
Vladislav Andruschenko
Consultor de negociação universal em indicadores personalizados para o  MetaTrader 5  . Construtor de estratégia Versão para MetaTrader4:  A  versão  xCustomEA   para o terminal MetaTrader 4 A funcionalidade do consultor de negociação universal O xCustomEA duplica exatamente todos os parâmetros do nosso consultor  The X,  exceto um: O xCustomEA  funciona com um indicador personalizado e tem a capacidade de programar sua própria estratégia de negociação para terminais MT5. O xCustomEA  possui um
499 USD
Chaoszillator
Oleksandr Powchan
Hello fellow traders and people looking to 10 X their Game. Chaoszillator Expert Advisor is a swing trader designed to be not only profitable but be stable and consistently profitable in uncertain times. Because of the extreme accuracy of the entries and the algorithms ability to filter out bad trades, the system does not take new trades every day. To make our system as user friendly as possible we have spent hundreds of man hours finding the best pairs and fine tuning the settings for eac
249 USD
Hamster Scalping mt5
Ramil Minniakhmetov
Hamster Scalping is a fully automated Expert Advisor with no use of martingale. Night scalping strategy. The RSI indicator and an ATR-based filter are used for entries. The advisor needs a hedging account type Real operation monitoring as well as my other products can be found here: https://www.mql5.com/en/users/mechanic/seller General Recommendations The minimum deposit is $100, use an ECN account with the minimum spread,  default settings reccomend for eurusd m5 gmt +3 .  Skype is  here . Te
99 USD
EA Gold Stuff mt5
Vasiliy Strukov
EA Gold Stuff mt5   is an Expert Advisor designed specifically for trading gold. The operation is based on opening orders using the   Gold Stuff mt5   indicator, thus the EA works according to the "Trend Follow" strategy, which means following the trend. For Expert Advisor need hedge type account  Real-time results can be viewed  here . Telegram group  here  telegram channel  here  SETTINGS Open new series -  on / off beginning of a new series of orders. Start lots -  start lot. Trade Buy -  al
50 USD
Stock Trader Pro MT5
Ivan Pochta
Stock Trader Pro v.1.1 Launch Promo 5 / 5 additional copies by price $750 Next Price $990 Normal Price $1250 Stock Trader Pro   is a fully automated trading advisor designed to work in the   Stock Markets , in particular, to trade shares of the largest companies in the   US Stock Market . The system is based on the author’s trading strategy. Unlike Forex systems,   Stock Trader Pro     opens only LONG positions on the global trend on price pullbacks (corrections), analyzing data from several ti
750 USD
ATS Advisor MT5
Ivan Bebikov
The MT4 version of the expert Advisor is here -  https://www.mql5.com/en/market/product/49187 (In MT5 and MT4 versions, there may be slight differences due to the implementation of the code on MT5) ------------------------------------------------------------------------------------------------------------------------------------------------------------- I recommend testing on a broker like my report (IC Market. s).  (ECN account (Raw spread/Razor etc.)) The period for testing with 100% quality
399 USD
Harpia B3
Robson Santos
HARPIA B3  (Brasil Bolsa Balcão) é um Expert Advisor Scalper . Principais Contratos:   Mini Índice e Mini Dólar - WIN e WDO. Sugestões de Configuração: HARPIA | B3 Settings Magic Number:  ID que deve ser mudado se você quiser instalar o Expert Advisor em gráficos diferentes, sem que estes interfiram um nos outros, e se comportem como um Expert Advisor único. Max Spread By Tick Size:   2  por padrão. Spreads altos não são recomendados por conta da estratégia. Lots Mode:  você pode escolher entre
222.97 USD
Filtro:
Marco Criconia
256
Marco Criconia 2020.10.20 14:16 
 

Good

Lucky Pal
68
Lucky Pal 2020.09.18 06:04 
 

Has a few limitations, but this is still the best free EA on the MQL5 market I've used so far.

Juan Gallego
192
Juan Gallego 2020.07.10 23:22 
 

I have run optimizations on this EA, and I am testing it on demo account, it has been profitable, I'll let it run 2 more months and will evaluate if I should use it on real account.

tchunay
15
tchunay 2020.07.03 22:56 
 

bom

Peter Wild
487
Peter Wild 2019.11.29 05:20 
 

Good!

Responder ao comentário
Versão 4.2 2019.02.18
- Bug fix in parameters