I have 7 years experience in Forex Area.
Based on these experiences, I created an EA.
This is the best EA I have ever seen.
The EA trades according to price movements of pairs and Ichimo Kinko Hyo.
You can select trade direction in the input section and activate direction of buy and sell or only buy/sell.
Live Monitoring : https://www.mql5.com/en/signals/826780
The EA has MT5 and MT4 versions:
The EA was tested with the default settings on the following pairs and it was working perfectly.
DESCRIPTION OF SETTINGS;
- The EA is Active : If it is true , the EA trades chosen direction or both.
- Buy is Active : If it is true and sell is false, the EA trades only buy direction
- Sell is Active : If it is true and buy is false, the EA trades only sell direction
- Spread in Point
Spread is the difference between bid price and ask price.
If the last spread is bigger than 25(2.5 pip),EA does not trade until equal to 25(2.5 pip) or lower than 25(2.5 pip).
- Profit Rate in %
Profit rate is like target price of positions.
If profit rate is 10 and there is 1 buy position -> Target price is Price+ 10 pips.
For example -> price: 1.11111 TP:1.11211 -> 10 pips profit
If there are many positions, TP is calculated automatically.
After this calsulation TP of all positions are modified to new TP.
If total volume of sell positions is 0.75, Tp is calculated according to ProfitRatein%
Expedted profit for 0.75 lot is 75 USD in ProfitRate 10.
Expedted profit for 0.75 lot is 150 USD in ProfitRate 20.
According to this calculations, total positions profit will be always positive but some of them may be negative.
- Deal Step in Pip
If DealStepinPip is 10 and first buy position price is 1.11911;
2. position price will be 1.11811
3. position price will be 1.11711
4. position price will be 1.11611
5. position price will be 1.11511
If lot multiplier is 1.3579 and first lot 0.01;
2. position volume will be 1.3579 1* 0.01
3. position volume will be 1.3579 2* 0.01
4. position volume will be 1.3579 3* 0.01
5. position volume will be 1.3579 4* 0.01
- Ichımoku Kinko Hyo : If it is true , the EA trades with it.
-Added Trailing Stop
-Added delay input to solve opening many positions bug at the same time
- Added Parabolic SAR
- Added Heiken Ashi
- Added DrawnDown % : if your DD reachs DrawnDown value, every position will be closed.
- Added settings of 20 pairs in input section
- The EA trades with Ichimoku and RSI on automode.
- irate was deleted.
- ichimoku name changed to hedge mode. If hedge mode is not active, the EA trades with ichimoku.