Ichifan
Ichifan — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. Its source code uses Ichimoku. It places pending orders, can size trades from your risk and trades breakouts. It has 24 settings, for example magic1 (default 47291), magic2 (default 47292) and magic3 (default 47293). Before any live use, test it on a demo account and check its lot size, stop loss and trading hours. Inside: 1 EA file with source code (.mq4) you can open and edit in MetaEditor. 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 Ichifan
Ichifan is an expert advisor (trading robot) for MetaTrader 4 based on Ichimoku. It places pending buy/sell stop or limit orders, can size trades from your balance and risk percent and trades breakouts. It has 24 settings, such as Magic1, Magic2 and Magic3. MQL source code included.
Files in the download: Ichifan (2).mq4.
Trading robots can lose money. Check every setting and test on a demo account before using real funds.
Settings
| Setting | Default | What it does |
|---|---|---|
| Magic1 | 47291 | Magic number that tells this EA's orders apart |
| Magic2 | 47292 | Magic number that tells this EA's orders apart |
| Magic3 | 47293 | Magic number that tells this EA's orders apart |
| Wwwlifesdreamorg | Ichimoku EA v1.3 | |
| Common settings | ---------------------------------------- | |
| User slippage | 2 | Maximum slippage allowed when opening a trade |
| User tp | 100 | |
| User sl | 100 | |
| Use tp sl | 1 | |
| Profit lock | 0.90 | |
| Strategy1 | 1 | Tenkan Sen/Kijun Sen Cross |
| Strategy2 | 1 | Kijun Sen Cross |
| Strategy3 | 1 | Kumo Breakout |
| Signal strength | 1 | 1=strong | 2: neutral | 3: weak |
| Money management settings | ---------------------------------------- | |
| Money management | 1 | |
| Min lots | 0.1 | |
| Risk | 1 | Risk per trade (percent of balance) |
| Progression | 0 | 0=none | 1:ascending | 2:martingale |
| Indicator settings | ---------------------------------------- | |
| Tenkan sen | 9 | |
| Kijun sen | 26 | |
| Senkou span | 52 | |
| Shift | 1 | Bar shift (0 = current bar) |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Experts.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the expert advisor from the Navigator onto a chart, check the settings, allow Algo/Auto Trading and press OK.
- Test it first on a demo account or in the Strategy Tester.
Tags: Pending Orders · Risk & Lot Size · Breakout · Ichimoku · MT4 Expert Advisor · MQL4 Source Code