EA Scalper XAUUSD is an automated trading research project for MetaTrader 5 focused on gold. It employs a multifaceted entry strategy using Smart Money Concepts like order blocks and liquidity sweeps, alongside moving average crossovers and Fibonacci zones. The EA includes a self-learning module designed to adapt to di
Trading robot · MT5
Expert Ichimoku
This automated trading robot for MetaTrader 5 utilizes the Ichimoku Kinko Hyo indicator to execute trades.
High risk
GitHub stars2
Forks0
Last update2 years ago14 Jan 2024
LicenceNone stated
Overview
Expert Ichimoku features customizable periods for the Tenkan-sen, Kijun-sen, and Senkou Span B components. Risk management is handled through fixed pips-based stop loss and take profit orders, supplemented by a trailing stop and trailing step. The EA supports both fixed lot sizing and percentage-based risk calculation per trade. It also includes a maximum position limit to manage market exposure. The repository lacks a README, providing only the functional source code.
- Ichimoku Kinko Hyo indicator signals
- Trailing stop and trailing step functionality
- Percentage-based or fixed lot sizing
- Configurable maximum position limit
Details
Author
tsunamyh on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
Trend following, Martingale
Markets
Forex
Timeframes
Any timeframe
Risk profile
- Uses martingale lot scaling: losses can grow fast
EA files
Input parameters
Read from Expert Ichimoku.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
Inp_tenkan_sen | int | 9 | Ichimoku: period of Tenkan-sen |
Inp_kijun_sen | int | 26 | Ichimoku: period of Kijun-sen |
Inp_senkou_span_b | int | 52 | Ichimoku: period of Senkou Span B |
InpStopLoss | ushort | 50 | Stop Loss (in pips) |
InpTakeProfit | ushort | 100 | Take Profit (in pips) |
InpTrailingStop | ushort | 15 | Trailing Stop (in pips) |
InpTrailingStep | ushort | 5 | Trailing Step (in pips) |
InpMaxPositions | int | 5 | Maximum positions |
InpLots | double | 0 | Lots (or "Lots">0 and "Risk"==0 or "Lots"==0 and "Risk">0) |
Risk | double | 5 | Risk (or "Lots">0 and "Risk"==0 or "Lots"==0 and "Risk">0) |
m_magic | ulong | 527085350 | magic number |
How to install it
- 1Download the sourceUse "Download source (.zip)" above, or clone tsunamyh/ichimoku from GitHub, and unzip it.
- 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
- 3Copy the filesCopy the .mq5 file into Experts.
- 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
- 5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.
Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.
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