Idea by: Alina
MQL5 Code Author: barabashkakvn
Looking to step up your trading game? Meet the Expert Advisor based on the Ichimoku Kinko Hyo indicator. This EA is designed to adapt to your trading style by increasing the position size after a loss, but don’t worry—this volume boost happens just once to keep your strategy in check.
To keep track of your trades, it uses the Structure of a trade transaction and looks for the deal type DEAL_ENTRY_OUT when a trade is closed at a loss.
Input Parameters
Here’s what you need to tweak:
- Ichimoku: period of Tenkan-sen;
- Ichimoku: period of Kijun-sen;
- Ichimoku: period of Senkou Span B.
Trading Parameters
- Stop Loss - your safety net for losses;
- Take Profit - your target for gains;
- Trailing Stop - to lock in profits as the market moves;
- Trailing Step - the distance for your trailing stop;
- Maximum Positions - cap on how many trades you open;
- Lots - fixed volume for each position;
- Risk - dynamic position sizing based on your risk percentage;
- Magic Number - a unique ID for your EA.
Here’s a snapshot of the EA in action on EURUSD, H1:
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