(Req) The Ichimoku Breakout EA
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Thread: (Req) The Ichimoku Breakout EA

  1. #1

    Default (Req) The Ichimoku Breakout EA

    Hi funyoo.

    I just had an idea, but we need an EA to test it. It's relatively simple.

    First we need an Ichimoku. We place it on M5 chart.

    It works on a pattern on 3 bars. The first 2 bars set it up, the open of third bar is when trade is placed.

    To make simple my English, bars are ......1,2,3(current bar)

    Long entry rule:

    Bar 1 under or inside cloud. Bar 1 close above cloud.

    Bar 2 is bullish (only bullish. If not bullish, it is invalid)

    Bar 3 open enter buy

    Short entry rule:

    Bar 1 above or inside cloud. Bar 1 close under cloud.

    Bar 2 is bearish (close<open && open!=close)

    Bar 3 open enter sell

    Please look at pictures to explain what I mean.

    Simple TP and SL values.

    It needs simple time filter. Can only trade between 6AM and 8PM GMT

    Thank you for your time
    Attached Images Attached Images (Req) The Ichimoku Breakout EA-ichimoku-png 

  2. #2



    I've made over 150pips today so far with this. Please have a look at it funyoo

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(Req) The Ichimoku Breakout EA