Kumo Breakout

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