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Ichimoku EA V1

Original price was: $299.00.Current price is: $20.00.

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The Ichimoku EA V1 is an automated trading expert advisor for MetaTrader, leveraging the Ichimoku Kinko Hyo indicator to make informed trading decisions. It analyzes trends, support, and resistance levels using Ichimoku’s components and executes trades automatically. This EA aims to improve trading efficiency and profitability by managing trade entries and exits according to the Ichimoku strategy, making it ideal for traders seeking an automated trading solution.

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Ichimoku EA V1 MT4: A Comprehensive Guide

Introduction

The Ichimoku EA V1 MT4 is an automated trading system designed to capitalize on the Ichimoku Kinko Hyo indicator. This Japanese technique combines various elements to provide a holistic view of market trends, support, and resistance levels. Let’s dive into the details:

What is Ichimoku Kinko Hyo?

The Ichimoku Kinko Hyo, often referred to as Ichimoku Cloud, is a technical analysis method that uses multiple graphical elements to assess price action. These elements include:

  1. Tenkan-sen (Conversion Line): A short-term moving average.
  2. Kijun-sen (Base Line): A medium-term moving average.
  3. Senkou Span A and Senkou Span B (Cloud): The area between these two lines represents future support and resistance levels.
  4. Chikou Span (Lagging Span): Plotted backward to assess historical price action.

ichimoku ea v1

ichimoku ea v1

ichimoku ea v1

Strategy Overview

Timeframe

  • The Ichimoku EA V1 MT4 operates on the H1 (1-hour) timeframe.

Currency Pairs

  • It is suitable for various currency pairs, including XAUUSD (Gold) and others.

Minimum Deposit

  • The recommended minimum deposit depends on your risk tolerance but generally ranges from $500 to $1,000.

Trading Strategy

  • The Ichimoku EA V1 MT4 follows a trend-based strategy using the Ichimoku Kinko Hyo components.
  • It identifies buy and sell signals based on crossovers, cloud breakouts, and other Ichimoku patterns.
  • The EA aims to capture sustained trends while avoiding choppy or sideways markets.

Risk Management

  • The EA incorporates stop loss, take profit, break-even, and trailing stop features.
  • It adapts position sizing based on account balance and risk preferences.

Martingale, Hedging, or Scalping?

  • The Ichimoku EA V1 MT4 is not a martingale or hedging system.
  • It follows a scalping approach, aiming for quick profits during favorable market conditions.

How It Works

  1. Signal Generation:
    • The EA analyzes Ichimoku signals (e.g., Tenkan-sen and Kijun-sen crossovers) to identify entry points.
    • When a valid signal occurs, it alerts the trader via SMS, email, or platform pop-up.
  2. Trade Execution:
    • Traders can choose to manually execute trades based on the alerts.
    • Alternatively, the EA can place trades automatically, even when the trader is away.
  3. Customization:
    • Traders can adjust settings, including Tenkan-sen, Kijun-sen, and cloud elements.
    • Magic numbers allow separation of trading activity across different charts.

Conclusion

The Ichimoku EA V1 MT4 streamlines Ichimoku analysis, saving time and enhancing trading efficiency. Whether you’re a seasoned trader or a beginner, consider integrating this EA into your trading arsenal.

For more information and to download the Ichimoku EA V1 MT4, visit our website: FXCracked.

Feel free to join our Telegram community: YoForexRobot.

Remember, successful trading requires discipline, risk management, and continuous learning.

 

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🔔😎Happy Trading😎🔔

We have a number of Home Delivery services available to you. Availability of these options will be shown at checkout.

Delivery Service Description Please Note Price
Standard Within 3-4 working days
(07:00 - 19:30hrs)
Weekdays Only (only applies to orders placed before 6pm) $3.95
Express Delivery Next Working Day (08:00 - 18:00hrs) Weekdays Only, applies to orders placed before 4pm Mon-Thurs, before 3pm on Fri & before 2pm on Sat (no Sunday deliveries) $5.95
Premium Delivery - DPD Next Working Day (07:00 - 19:30hrs) Weekdays Only, applies to orders placed before 4pm Monday-Thursday. (Orders placed after 4pm Thur - Sunday before 1pm, will be delivered Monday) $6.95
Large Parcel Delivery Within 3-5 working days (07:00 - 19:30hrs) Weekdays Only (only applies to orders placed before 6pm) $14.95
Premium Saturday Delivery Saturday Delivery (07:00 - 19:30hrs) Delivered Saturday with a 1 Hour delivery slot and Tracking. (only applies to orders placed on Friday before 2pm) $7.95
Premium Sunday Delivery Sunday Delivery (07:00 - 19:30hrs) Delivered Sunday with a 1 Hour delivery slot and Tracking. (only applies to orders placed on Friday before 2pm) $7.95

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