Utility · MT4

Ichimoku Multi Currency Alerter

by JackBeStrong

This MetaTrader 4 tool monitors several currency pairs and gold using the Ichimoku Kinko Hyo indicator.

GitHub stars1
Forks0
Last update7 years ago25 May 2019
LicenceNone stated

Overview

Ichimoku Multi Currency Alerter identifies price crosses across the Tenkan-sen, Kijun-sen, and Senkou Span lines. The tool generates alerts based on price action relative to these levels on timeframes ranging from thirty minutes to one day. It specifically tracks AUDUSD, USDJPY, EURUSD, GBPUSD, USDCAD, NZDUSD, and XAUUSD. The script logs signals to a file and sends individual alerts to the terminal. The repository lacks a README and does not include automated trade execution or risk management controls.

Details

Author

JackBeStrong on GitHub

Type

Utility

Platform

MetaTrader 4 (MQL4)

Strategy

Indicator crossover

Markets

Forex, Gold

Timeframes

M15-H1, H4 and above

Risk profile

No grid, martingale or hedging logic was found in its code or README. That says nothing about how it performs: backtest it first.

How to install it

  1. 1Download the sourceUse "Download source (.zip)" above, or clone JackBeStrong/mt4-scripts from GitHub, and unzip it.
  2. 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL4/Experts.
  3. 3Copy the filesCopy the .mq4 file into Experts.
  4. 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
  5. 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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