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ATS Ichimoku

From the Old Kings archive: ATS Ichimoku, an expert advisor (trading robot) for MetaTrader 4. As the name suggests, the idea behind it is the Ichimoku Kinko Hyo cloud. In the code it works with Ichimoku and ZigZag. It places pending orders, moves the stop behind price and can size trades from your risk. It has 40 settings, for example s Description (default ), s Descr0 (default 0 - , 1 - (BUY&SELL)) and s Descr01 (default ). Watch it on a demo account for a while — robots can behave differently with each broker. Inside: 1 EA file with source code (.mq4) you can open and edit in MetaEditor and 1 settings file (.set). Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.

Expert advisor · MT4 · v1.0 · Free

About ATS Ichimoku

ATS Ichimoku is an expert advisor (trading robot) for MetaTrader 4 based on Ichimoku and ZigZag. It places pending buy/sell stop or limit orders, moves the stop loss behind price (trailing stop / break-even) and can size trades from your balance and risk percent. It has 40 settings, such as S description, S descr0 and S descr01. MQL source code included.

Files in the download: ATS_Ichimoku_2.mq4, ishimoku.set.

Trading robots can lose money. Check every setting and test on a demo account before using real funds.

Settings

SettingDefaultWhat it does
S description
S descr00 - , 1 - (BUY&SELL)
S descr01
PairEURUSD
S desc a , 0 -
N account0
S desc1SL TP
I stop loss point350Stop loss distance
I take profit point150Take profit distance
S desc3Slip, %%
I slip page3Maximum slippage allowed when opening a trade
D level220.0
S desc5 trailing /
L flag use soundTrueTurn this alert on or off
S sound file namestops.wavTurn this alert on or off
S sound op clalert.wavTurn this alert on or off
S desc8
I pending order25
S desc81. . %%
Dmax lot1.0
D risk0.5Risk per trade (percent of balance)
I max sl15
S desc9
Tenkan sen5
Kijun sen13
Senkou span55
S name expertIchimoku 2
Magic number37010Magic number that tells this EA's orders apart
Desc11
Trailing start25Trailing stop distance or switch
Desc21.
Trailing end5Trailing stop distance or switch
Desc31
Trailing step2Trailing stop distance or switch
Desc41
Max trend100
Desc51false/true - /
Open closefalse
Desc61
Use soundTrueTurn this alert on or off

How to install

  1. Download the ZIP from your PolyMaria library and unzip it.
  2. In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Experts.
  3. Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
  4. Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
  5. Drag the expert advisor from the Navigator onto a chart, check the settings, allow Algo/Auto Trading and press OK.
  6. Test it first on a demo account or in the Strategy Tester.

Download the PDF guide

Tags: Ichimoku · Pending Orders · Trailing Stop & Break-even · Risk & Lot Size · ZigZag · MT4 Expert Advisor · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria