This EA is designed using the Ichimoku indicator, primary the
Up Kumo & Down Kumo indicators. The EA must order on the first candle to
close outside the Kumo Cloud for both buy and sell orders. If the candle closes
below the Kumo cloud, it triggers a sell order, if the candle closes above the
cloud, it triggers a buy order. The Kimo Cloud must be customisable. Never have
more than one trade in the same direction. The EA order sequence has to be Buy,
Sell, Buy, Sell, Buy, Sell or vise versa from 1000hr – 1700hrs server time
Process of the EA:
Trade is trigger by a buy or sell and then will either Win/Lose via preset settings mentioned below.
Trade is triggered in opposite direction – Win/Lose
EA Settings
Required
// Trade Management
Max number of sells open [Number
of trades open in given direction]
Max number of buys open [Number
of trades open in given direction]
Consecutive
trades [Number
of trades to be consecutively opened] For example. If I had a sell triggered at
1005hrs, and close at 1026hrs, and then another signal for a sell was sent at
1046hrs the EA would not re sell the position until a buy trade had been placed.
So only 1 sell or buy in a row. Never have more than one trade in the same
direction. The EA order sequence has to be Buy, Sell, Buy, Sell, Buy, Sell or
vise versa from 1000hr – 1700hrs server time
// Trading Hours
Start Hour [Number
between 0-23]
Finish [Number
between 0-23]
// Take Profit & Stop Loss
Take Profit [Number
of points]
Stop Loss [Number of points]
// Break Even Settings
Break Even Trigger [Number of points once hit to
trigger the Break Even Amount]
Break Even Amount [Number
of points in profit to move the SL to once Triggered]
// Money Management
Money Management [0=Money
Management off / 1=Money Management on]
Lots [Value
of lots per trade]
Risk [Percentage
of equity used per trade] [Money Management has to be set to 1]
// Indicator Settings
Tenkan_sen 9
Kijun_sen 26
Senkou_span 52
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