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Ichimoku Kinko Hyo EA v1.1 | Foreign exchange EA download- MT4/MT5 resources

author EAcpu | 4 reads | 0 comments |
Attached you will find an ichimoku expert consultant.
( EDIT: You can find a link to the post containing the latest version of EA at the end of this article)

I think the EA settings are self-explanatory.
Feel free to experiment with various settings and/or make changes.

I'm still learning how to program and/or change existing programs, so I can't guarantee that the EA will be bug-free.

In the settings you can select the type of ichimoku signals (kumo / chikou) you want to trade (all, normal, strong signals).

The EA can trade 15 currency pairs without opening all charts.
Additionally, you can choose whether you want trading to stop on Friday (GMT). Includes ATR based stop loss/take profit calculations.

The EA should also be used with ECN (first send order, then try to modify tp/sl).

IMPORTANT: Please use it in a demo first (or only)!
What you have to change in settings is the GMT time zone. Actually it is set to 6 (GMT + 6), otherwise if you set Friday stop trading to true, the EA will not work properly!
If you have the correct settings, you will find the current date and time on the left side of the screen

To learn more about Ichimoku, please visit
http://www.forexfabrik.de/forex-grun...oku-kinko-hyo/ (German)
or http://www.forex-tsd.com/general-dis...chimoku-2.html (English)
Or use forexfactory's search function (for example: http://www.forexfactory.com/showthread.php?t=239932)

ichimoku trading - some recommended setups for different timeframes:
D1 settings:
============
9,26,52
7,22,44
5,10,20
H1 settings:
============
120,240,480
6,12,24
12,24,120
M30 settings:
=============
8,26,130
M5 settings:
============
72,144,288

credit:
Special thanks to Steve Hopwood (http://www.forexfactory.com/stevehopwood)
and Mark Johnson (Scooby-Doo, http://www.forexfactory.com/scooby-doo) for their contributions to forexfactory.com!

EDIT: Please find the latest version of EA here:
http://www.forexfactory.com/showthre...34#post4722534

Edit December 10, 2012 : As promised, revised v2.0 attached.
Additionally, you find a third version (with changed logic and based on modified shell ea code (written by Steve Hopwood)). I'm not sure if it's completely bug-free,... - EDIT: No.
In >= version 3 you have the opportunity to receive emails. ea is able to use the (running) mt4i email library, see also: mt4i.com/appstore/app.aspx?id=17

EDIT: Found some bugs, attached new version 3.0a.
EA is based on a redesigned version of steve hopwoods shell ea, see details of that version in steves' thread here (or if you prefer german, see also here)

EDIT: Version 4.0, fewer bugs
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