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MetaTrader 4

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The 9 Ichimoku Dragon

the-9-ichimoku-dragon-logo-200x200-7923
970 $728 $

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Information

Experts
MetaTrader 4
Ellan Dirgantara Tholkhah
2.17
5

Overview

This EA covers all the advanced and mostly used Ichimoku entry known to man. It is very flexible with filters that you can set yourselves. 

The following are the 9 entry of the Ichimoku that you can set up with this EA, (using a long trade as an example)


  • 1. Tenkan-sen/Kijun-sen cross
    The EA trades if Tenkan-sen comes from below and Kijun-sen, and lines become are equal.
  • 2. Tenkan-sen/Kijun-sen cross
    The EA trades the Tenkan-sen and Kijun-sen if the Tenkan-sen is cross above the Kijun-sen from below.
  • Simple Cloud Breakout
    The EA trades the Breakout of the cloud if the price gets above the cloud.
  • Advanced Cloud Breakout
    The EA enters a trade if the price breaks through with the high of the candle which broke through the cloud.
  • Tenkan-sen Breakout
    Trades the breakout of the Tenkan-sen line out of the cloud.
  • Kijun-sen Breakout
    Trades the breakout of the Kijun-sen line out of the cloud.
  • Chikou Span Breakout
    Trades the breakout of the Chikou Span line out of the cloud.
  • All in uptrend/downtrend --> most common and safe Ichimoku strategy
    Enters a buy trade if the Tenkan-sen and Kijun-sen are above the cloud, if the Tenkan-sen is above the Kijun-sen, if the ChikouSpan is above the cloud, if the Cloud is in an uptrend and if the current price is above the cloud.
    **It is recommended to not use any filter with this strategy.
  • Only Filter
    This strategy only uses the entry filters to enter a trade. If the filter you choose is true, the Ichimoku EA will place a trade (use at least one entry filter).
    It is recommended to combine this strategy with an exit strategy and no StopLoss, no TakeProfit and no Trailing functions (only set a high StopLoss as safety net).

Entry Filters

You can add any one or more from the following filters.
  • Price above/below cloud
  • Tenkan-sen above/below cloud
  • Kijun-sen above/below cloud
  • Tenkan-sen above/below Kijun-sen
  • Price is above/below Tenkan-sen
  • Price is above/below Kijun-sen
  • Cloud is in uptrend/downtrend
  • ChikouSpan above/below price
  • ChikouSpan above/below cloud


Parameters for the Ichimoku Kinko Hyo indicator

  • Timeframe
    The timeframe on which the EA should work, regardless of what timeframe your chart is set to. (Default is PERIOD_CURRENT )
  • Period of Tenkan-sen line
    Averaging period to calculate the main line (default is 9)
  • Period of Kijun-sen line
    Averaging period to calculate the main line (default is 26)
  • Period of Senkou Span B line
    Averaging period to calculate the main line (default is 52)


For the Pro Version, which has even more features, you need to buy for unlimited use. Thanks!


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