Collection · MT5

Ichimoku Ultimate Scanner EA

by reuniware

Ichimoku Ultimate Scanner EA is a MetaTrader 5 robot designed to monitor multiple financial instruments using the Ichimoku Kinko Hyo indicator.

GitHub stars1
Forks0
Last update3 years ago3 Aug 2023
LicenceNone stated

Overview

Ichimoku Ultimate Scanner EA scans all symbols within the Market Watch window to detect specific technical conditions, including price breakouts from the Kumo cloud and Chikou span confirmations. The system supports automated trade execution with risk controls like fixed stop loss, take profit, and equity-based position closing. It can operate in a continuous loop or as a one-time scanner to identify trend developments across various currency pairs or assets.

Details

Author

reuniware on GitHub

Type

Collection

Platform

MetaTrader 5 (MQL5)

Strategy

Trend following, Breakout, Indicator crossover

Markets

Any symbol

Timeframes

M1-M5, M15-H1

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.

Input Parameters

Read from IchimokuUltimateTraderEA_Backtest.mq5. Defaults are the author's; change them in the EA's Inputs tab.

NameTypeDefaultDescription
scanPeriodint15
onlySymbolsInMarketwatchbooltrue
symbolToIgnoreIfContainsstring
tradedLotsdouble1
takeProfitdouble0.00250
stopLossdouble0.01000
hourStartint0
hourEndint23
closeAllPositionsAfterHourEndbooltrue
runOnlyOnceboolfalse
showProcessedSymbolboolfalse
currentCurrencyOnlyboolfalse
Show all 19 inputs
NameTypeDefaultDescription
forcePositionsCloseOnProfitReachedboolfalse
forcePositionsCloseOnProfitIfGreaterThandouble25
forcePositionsCloseOnLossReachedboolfalse
forcePositionsCloseOnLossIfBelowThandouble-125
showLowestNegativeProfitboolfalse
uploadToRemoteServerbooltrue
disableTradingboolfalse

How to Install It

  1. 1Download the sourceUse "Download source (.zip)" above, or clone reuniware/Metrader5_EA from GitHub, and unzip it.
  2. 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
  3. 3Copy the filesCopy the .mq5 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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