Ichi-Trail
18 $
12 $
This EA uses the Ichimoku Kinko Hyo indicator's Tenkan-sen and Kijun-sen lines to define market trends and the Trailing Stop feature to manage the risk after an order is opened. The combination of these indicators allows it to trade based on trend-following strategies while managing trades with dynamic stop loss adjustments.
Ichi-Trail-Trading, Technical analysis Forex
This Expert Advisor is designed to make trading decisions using the Ichimoku Kinko Hyo indicator and includes specific features such as trailing stop functionality.
Features and Settings:
- TakeProfit: Specifies the target profit level for the order.
- Lots: Defines the size of each trade (lot size).
- StopLoss: Defines the stop-loss level in pips.
- TrailingStart: The price level at which trailing stop will be activated.
- TrailingStep: The step size for adjusting the trailing stop.
- InpTenkan: Period for the Tenkan-sen line in the Ichimoku indicator.
- InpKijun: Period for the Kijun-sen line in the Ichimoku indicator.
- InpSenkou: Period for the Senkou Span B line in the Ichimoku indicator.
- MagicNumber: A unique identifier used to track orders opened by this EA.
Conclusion:
The Ichi-Trail-Trading Expert Advisor uses the Ichimoku Kinko Hyo indicator to analyze market conditions and make decisions about buying or selling. It also incorporates trailing stop functionality to protect profits as the market moves in the trader's favor.
| Version | 1.00 |
|---|---|
| Type | Expert Advisor |
| Compatibility | MT4 |
| Trading Hours | All Times |
| Custom Inputs | Lots, Trailing, Stop Loss, Take Profit, ECN |
| Timeframes | M5 and M15 |
| Strategy Type | Scalping,Trend Following |
| Money Management | Lot Size, Stop Loss, Take Profit |
| Supported Pairs | ALL |
| Outputs | Automatic Buy/Sell |
