About the Ichimoku Kinko Hyo EA
The Ichimoku Kinko Hyo indicator was developed in the late 1930s by Goichi Hosoda and is a moving average based trend indicator. It is based on a cloud (called Kumo), which is between the Senkou Span A and the Senkou Span B line, the Tenkan-Sen and the Kijun-Sen line and the Chikou Span line. It is included in MetaTrader 5. The default settings are: Tenkan-Sen 9, Kijun-Sen 26, Senkou Span B 52.
Additional Functions
- Multiple Open Orders
- Spread Filter
- Money Management
- Inverse Strategy
- BreakEven
- TrailingStop
- Moving Average Trend Filter
- Push & Email Notifications
- Time & Day Filter
- Custom Order Comment
- Custom Magic Number
- Custom Deviation (Slippage)
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