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Ichimoku EA

The Expert Advisor is based on the Ichimoku Kinko Hyo. Includes functions for moving positions to breakeven, point based trailing, trailing based on past Hi/Low bars for a preset period. The EA provides advanced indicator settings and can detect the following signals:

  1. the intersection of the Tenkan and Kijun lines.
  2. the intersection of the Senkou Span A and Senkou Span B lines.
  3. price rollback from the Tenkan and Kijun lines.
  4. price rollback from the cloud.
  5. signal of three lines.
  6. price breaking through Tenkan, Kijun and Senkou Span B.
  7. Chinkou Span crossing the price chart.

Parameters

  • BalanceRisk—calculating trading lot as % of balance;
  • Lots—fixed lot if BalanceRisk =0;
  • TakeProfit—profit in points;
  • StopLoss—loss in points;
  • Slippage—maximum slippage;
  • Com—comments to trades;
  • MagicNum—magic number;
  • Timeframe—indicator timeframe;
  • Tenkan_sen—Tenkan-sen period;
  • Kijun_sen—Kijun-sen period;
  • Senkou_span—Span B period;
  • Shift—shift relative to the current bar;
  • Tenkan_vs_Kijun—if true, the EA detects the signal of crossing Tenkan and Kijun;
  • SpanA_vs_SpanB—if true, the EA detects the signal of crossing Senkou Span A and Senkou Span B;
  • Rebound_Tenkan—if true, the EA detects the signal of rollback from Tenkan lines;
  • Rebound_Kijun—if true, the EA detects the signal of rollback from Kijun lines;
  • Rebound_Cloud—if true, the EA detects the signal of rollback from the cloud;
  • ThreeSignalLines—if true, the EA detects the signal of three lines;
  • TenkanKijunSpanB—if true, the EA detects the signal of break through Tenkan, Kijun and Senkou Span B;
  • Price_vs_Chinkou—if true, the EA detects the signal of Chinkou Span crossing the price chart;
  • MM_RiskBalance—if true, closes positions based on profit % or balance drawdown;
  • MaxDrawdown—closing trades when the preset % of drawdown is reached;
  • ProfitClose—closing trades when the preset % of profit is reached;
  • BreakevenDeals—if true, breakeven is enabled;
  • BreakevenStart—minimum distance in points from position opening price to move it to breakeven;
  • BreakevenStep—minimum profit in points required to move a position to breakeven;
  • Trailing—if true, stop loss is trailed in points;
  • TrailingStart—minimum distance from the order opening price for trailing;
  • TrailingStop—trailing start in points;
  • TrailingStep—trailing step in points;
  • TrailingHiLow—if true, stop loss is trailed based on past Hi-Low bars;
  • TimeFrameB — timeframe to search for past Hi-Low bars;
  • BarCount—the number of bars to search for highs/lows;
  • IndentHiLow—indent from highs/lows in points;
  • ShowInfo—if true, show trading info;
  • TextColor—text color;
  • Font—text font style.
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