Market / MetaTrader 4 / Indicators /

Magic of Ichimoku

300 USD

Demo downloaded: 818

Published: 16 December 2015

Current version: 3.0

Magic of Ichimoku

Indicators
Ayman Magdy
Version: 3.0
Updated: 28 October 2019
Activations: 10

Hello, I am Ayman from Egypt, I want to present an interesting indicator to you. It depends on Ichimoku Kinko Hyo, but there is a secret that i use in it. By using my indicator, you will be able to know a lot of important information in the market such as:

Live Signal :

https://www.mql5.com/en/signals/821024

Features

You can avoid entry during market turbulence
You can enter orders on the general trend only
You will know if the trend is strong or weak
If you entered an any orders by the help of this indicator you can know if the trend became weak or it is still strong, so you will be able to determine whether to continue with the position or not
This indicator helps you to know if the trend became weak, so you will pay attention to it, but this doesn't mean you must close your position
This indicator helps you to know the trend reversal's price so you can do quick orders (scalping)
This indicator is very strong for all pairs and all the time frames so you can trade by long or short orders (scalping) .... etc.
This indicator give you strong signals with stop loss and high take profit
This indicator was created with high quality. This means you won't need to work with other indicators or other systems.
All these secrets appear on arrows in the indicator, but i won't show you the way to use them on Ichimoku because it's secret but I'll explain the way of using these arrows by attached charts
If Anyone will buy this indicator, he must send me a message, so i can send him some ways of using this indicator, that will help with the trading.
This indicator expects strong upward waves and strong downward waves

Signal Types

We have four arrows Aqua, Red, Lime, Magenta

Aqua means open buy
Red means open sell
Lime means close sell or support upward after the appearance of Aqua arrow
Magenta means close buy or support downward after the appearance of red arrow

Open buy after the appearance of first Aqua arrow only, not after every Aqua arrow
Open sell after the appearance of first Red arrow only, not after every Red arrow
When Aqua arrow appears frequently, this mean upward trend is very strong
When Red arrow appears frequently, this mean downward trend is very strong, so we will continue with the market
When a candle or two candles don't show any arrows on them, this means the price became weak, so you must use trailing stop
If Lime and Magenta arrows appear frequently, this means market is in turbulence, so don't enter with these arrows

Indicator Parameters

Bar back - this refers to number of Bars where the previous arrows are still appearing (on chart)
Arrow distance - this is the place of arrow under or above the candle by points
Alert On - true
Use_info chart - true
ic - this is variable in Ichimoku
inp Tenkan - this var1
inp Kijun - this var2
inp Senkou - this var3
as suitable time frames - i suggest M15,M30,H1,H4

We use default settings (no changes).

Note: I suggest watching videos (Back Test) in high quality (HD). For more inquiries please ask me in the Comments.

more...

1091

Martin Volk 2019.01.28 19:37 #

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Expert Description: Equity Profits EA ( Mt5 Version ) Overview: Hello everyone, I am back with a new and updated version of " Equity Profits EA ", but this time for MetaTrader 5. Yes, the same utility Expert Advisor has been created before for MetaTrader 4. You can find the explanation of how the Expert Advisor works and all the details in the following link: [Link] https://www.mql5.com/en/market/product/105174?source=Site +Market+Product+Page Inputs Parameter: input autoEquity_prof

30 USD

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