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MetaTrader 4

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Moving Clouds EA

moving-clouds-logo-200x200-6660
50 $38 $

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Information

Experts
MetaTrader 4
Vijaya Kumar Hegde
1.0
5

Overview

Moving Clouds EA is a multicurrency, trend based Expert Advisor which works with two moving averages and the Ichimoku cloud.

Moving Clouds EA derives its signal by the following method:

  • Buy Signal: By intersection of Moving Averages with the Ichimoku Cloud from below upwards.
  • Sell Signal: By intersection of Moving Averages with the Ichimoku Cloud from above downwards.


Input Parameters

  • Settings for Ichimoku:
    • Time Frame - Ichimoku's Time Frame.
    • Senkou Span A - Value for Senkou Span A.
    • Senkou Span B - Value for Senkou Span B.
    • Shift.
  • Settings for First Moving Average
    • Time Frame - Time Frame of First Moving Average.
    • Period.
    • Method.
    • Price.
    • Shift.
  • Settings for Second Moving Average
    • Time Frame - Time Frame of Second Moving Average.
    • Period.
    • Method.
    • Price.
    • Shift.
  • Magic Number - You can set any value for Magic Number.
  • Comment - Your orders' comments.

Money Management:

  • Lots Calculation - You can choose Manual/Balance/Equity/Free Margin.
    • If set to Manual - All trades will take "Initial Lots" value.
    • If set to other parameters - It will do Martingale and try to recover previous losses if any.
  • Initial Lots.

Take Profit and Stop Loss:

  • Take Profit - In Pips.
  • Stop Loss - In Pips.
  • Breakeven.
  • Trailing Stop.

Note: If you set any of the above parameters to "-1", it will be false/off and that parameter will not work anymore.


Summary

  • Moving Clouds EA can be run on Forex, Indices and Stocks.
  • It works on all Time Frames. However, it has shown good results on M15.
  • There is an option to take trades with fixed lot size (if you set Lots calculation to "Manual")
  • You can also set it to "other parameters" to do martingale and try to recover previous losses if any.
  • In addition, You can change any value of input parameters mentioned above.

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