Ichimoku Cloudwalker

Ichimoku Cloudwalker is an Expert Advisor for MetaTrader 5 that automates a classic Ichimoku trend-following strategy. It waits for a closed candle to confirm four things before it enters:

• Tenkan-sen crosses Kijun-sen
• Price closes beyond the cloud
• Chikou Span confirms the direction
• The future cloud agrees (optional)

All signals come from closed bars, so nothing repaints and nothing is decided on a half-formed candle.

Risk is built in, not bolted on

• Position size is calculated from your chosen risk per trade (default 1% of equity) and the ATR-based stop distance.
• A real stop-loss goes on the server with every trade and trails the market as the trend develops, so it stays in place if your terminal disconnects.
• An optional hard lot cap, spread filter and margin check keep it from placing trades you didn’t intend.
• It respects broker limits (freeze level, stops level, volume limits) and retries a rejected exit instead of dropping it.

Built for the way you work

• Trades long and short, or either side only
• Works on any MT5 symbol: forex, gold, indices, crypto CFDs
• Fully adjustable Ichimoku periods, ATR multiplier and risk settings
• Verbose journal logging shows every signal and exactly why a trade was skipped
• Runs in the MT5 Strategy Tester, so you can check it on your own symbols and dates

Best suited to
Trending markets on H1 to D1 timeframes. Like all trend-following systems, it can take a series of small losses in sideways markets.

Risk warning
Trading leveraged products carries a high risk of loss. Past or simulated results don’t guarantee future performance. Test on a demo account first and only risk money you can afford to lose.