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LVL Ichimoku Kumo BO

Use this expert advisor whose strategy is essentially based on the Ichimoku Kumo Break Out as well as a personal touch.


Other free expert advisors are available in my personal space as well as signals, do not hesitate to visit and leave a comment, it will make me happy and will make me want to offer content.

Expert advisors currently available:

  1. LVL Creator

  2. LVL Creator Pro

  3. LVL Bollinger Bands

  4. LVL RSI mt5


Trading is not a magic solution, so before using this expert on a live account, carry out your back tests and tests on a demo account.


When you will use that expert advisor on a live account, don't hesitate to share your account link with me, I would be delighted to follow your results.


. Live signals


. Definition of parameters:

Values between parentheses mean the default values of the indicators.

  • Risk Management

    • Allocation Type: how the allocation is calculated

    • Size: size value depending of the allocation type

  • Stop Loss

    • Use stop loss when opening order: true to set a stop loss while opening a position, false otherwise

    • Use trailing stop loss: true to use a trailing stop loss, false otherwise

    • Stop loss type: stop loss type to use

    • Stop loss value: stop loss value to use

  • Take Profit

    • Use take profit: true to set a take profit while opening a position, false otherwise

    • Take profit type: take profit type to use

    • Take profit value: take profit to use

  • Settings

    • Reverse trades: true to open the opposite type of position provided by the strategy, false otherwise

    • Close all positions and switch off the EA: true to close all open positions and switch off the expert advisor

    • Magic number: magic number to open positions

  • Trading Hours

    • Trading start hour: the time from which the EA can open a position

    • Trading end hour: the time from which the EA closes a position

  • Trading Days

    • Monday: true open a position on Monday, false otherwise

    • Tuesday: true open a position on Tuesday, false otherwise

    • Wednesday: true open a position on Wednesday, false otherwise

    • Thursday: true open a position on Thursday, false otherwise

    • Friday: true open a position on Friday, false otherwise

    • Saturday: true open a position on Saturday, false otherwise

    • Sunday: true open a position on Sunday, false otherwise

  • Trades

    • Close all positions every day: true to close all positions every day at the time corresponding to “Trading end hour”, false otherwise

    • Close all positions on Friday: true to close all positions on every Friday at the time corresponding to “Trading end hour”, false otherwise

    • Open buy positions: true to authorise the EA to open buy positions, false otherwise

    • Open sell positions: true to authorise the EA to open sell positions, false otherwise

  • Position Management

    • Position management: type of position management (none, martingale or grid)

    • Coefficient type: if the new lot size is an addition or a multiplication from the last lot size

    • Coefficient management: the value to add or multiply to calculate the new lot size

    • Max number of positions: the maximum number of positions in case of grid

    • Min distance between positions: the minimum distance in points between the last and the new position

  • Ichimoku Kumo BO

    • Number of Ichimoku Kumo BO to use: number of Ichimoku Kumo BO to use

    • Ichimoku Kumo BO timeframe short: timeframe of the first Ichimoku Kumo BO

    • Ichimoku Kumo BO timeframe long: timeframe of the second Ichimoku Kumo BO (useless if 1 Ichimoku Kumo BO)

    • Tenkan Sen: period of Tenkan-sen

    • Kijun Sen: period of Kijun-Sen

    • Senkoun-Span: period of Senkou-Span
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