Description

Ichimoku Cloud Trend EA

Short Tagline: A complete trend system built on the Ichimoku Kinko Hyo.

Short Description:
Ichimoku Cloud Trend EA is a fully automated trend following. Expert Advisor for MT4 and MT5. A complete trend system built on the Ichimoku Kinko Hyo. Built-in risk controls and market filters keep execution disciplined across live and demo accounts.

---

Overview

A complete trend system built on the Ichimoku Kinko Hyo. It uses the cloud (Kumo) for bias, the Tenkan/Kijun cross for entry timing, and the Chikou span for confirmation, entering trend trades with multiple internal filters aligned.

Features

• Ichimoku (9, 26, 52): Tenkan-sen, Kijun-sen, Senkou A/B (Kumo), Chikou span
• Configurable stop-loss, take-profit, and trailing logic
• Session, spread, and news-time filters for disciplined execution
• One-trade-per-bar / duplicate-signal protection
• Clean, single-file MQL4 and MQL5 implementations
• No hidden logic — every input is exposed and documented
• No martingale, no grid, no hidden recovery logic

Trading Strategy

Entry logic: – Long: price above the Kumo (bullish cloud, Senkou A > Senkou B), Tenkan crosses above Kijun, and Chikou span is above price 26 bars back. Enter on the cross bar close.

• Short: price below the Kumo, Tenkan crosses below Kijun, Chikou below price.

Exit logic: – Exit when price closes back into/through the Kumo against the position, or on an opposite Tenkan/Kijun cross.

Stop-loss: SL below the Kijun-sen (long) / above the Kijun-sen (short), or beyond the cloud edge for wider stops.

Take-profit: TP at 2.5R; runner exited on cloud re-entry.

Trailing stop: Trail behind the Kijun-sen as it advances.

Break-even: Break-even at 1R.

Why it works: Self-contained, multi-factor trend confirmation.; Strong following and recognition..

Recommended Settings

• Timeframes: H1, H4, D1.
• Instruments: USDJPY, EURUSD, GBPUSD, XAUUSD, NAS100.
• Account type: ECN/Raw spread accounts preferred
• Minimum recommended balance: $500+ (adjust lot sizing to your risk tolerance)
• VPS: Recommended for 24/5 uptime and consistent execution
• Risk management: Risk 1% per trade. Max 3 open trades. Avoid trades when price is inside the cloud (no-trade zone).

Supported Markets

Forex majors and crosses, indices, gold.

Supported Brokers

Compatible with any regulated MT4 or MT5 broker offering standard order execution (market or instant execution). Works with ECN, STP, and standard account types. No broker-specific dependencies.

Installation Guide

1. Download the .ex4 (MT4) or .ex5 (MT5) file from your purchase delivery.
2. Open MetaTrader, go to File → Open Data Folder.
3. Copy the file into MQL4/Experts (MT4) or MQL5/Experts (MT5).
4. Restart MetaTrader or right-click Expert Advisors in the Navigator and select Refresh.
5. Drag the EA onto the chart of your chosen symbol and timeframe.
6. Enable Allow live trading (and Allow DLL imports if prompted) in the Common tab.
7. Adjust inputs to match your risk profile, then click OK.
8. Confirm AutoTrading is enabled in the toolbar.

• Session filter: London and New York for intraday timeframes; D1 session-agnostic.
• Spread filter: Reject if spread > 2.5 pips / symbol threshold.
• News filter: Pause entries 15 minutes around high-impact news.
• Volatility filter: Require a minimum cloud thickness (Kumo width) to avoid trading flat, thin clouds.

Risk Disclaimer

Trading forex and CFDs carries a high level of risk and may not be suitable for all investors. Past performance, backtest results, and simulated outcomes are not indicative of future results. This EA does not guarantee profits. Always test thoroughly on a demo account before deploying real capital, and never risk funds you cannot afford to lose.

Version

v1.0.0

Support

Support is provided through the marketplace messaging system. Please include your broker, symbol, timeframe, and EA version when reporting an issue.

Updates

Free updates are provided for bug fixes and compatibility improvements. Feature updates may be released as versioned upgrades.

FAQ

Q: Does this EA work on both MT4 and MT5?
A: Yes, separate optimized builds are provided for each platform.

Q: Can I run this on multiple pairs at once?
A: Yes, attach separate instances to separate chart/symbol combinations.

Q: Does it use martingale or grid recovery?
A: No. This is a pure signal-based strategy with defined risk per trade.

Q: What timeframe works best?
A: H1, H4, D1. for the cleanest signals, but the EA can run on other timeframes with adjusted inputs.

Q: Is a VPS required?
A: Not required, but strongly recommended for uninterrupted 24/5 operation.