Business & Investment

User Guide-CAP Ichimoku EA-Other-January 28, 2021

CAP Ichimoku EA

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Trading strategy

Five popular trading strategies based on different elements of the glance. Each strategy has its own entrances and exits without interfering with other strategies.

version

There are two variations of EA

Pro version

Note-Some features are missing in the free version. All features are available in the pro version.

Input parameters

Initial strategy setting

First strategy (for entry) -Select an entry strategy.

First strategy (for exit) -Select an exit strategy. (Pro version only)

    • Buy a deal: When the tenkan line crosses over the Kijun line.
    • Sale of transactions: When the tenkan line crosses below the Kijun line.

Tenma / Kijun Cross (Exit):

    • Purchase exit: When the tenkan line crosses below the Kijun line.
    • Selling exit: When the tenkan line crosses over the Kijun line.

Tenma / Kijun Cross (Advance):

        • Buy a deal: When the tenkan line is above the Kijun line + When the tenkan line is above the clouds + Clouds are bullish.
        • Sale of transactions: When the tenkan line is below the Kijun line + when the tenkan line is below the cloud cloud + cloud cloud is bearish.

    • Buy a deal: When the opening price is below the cloud line and the closing price is above the cloud.
    • Sale of transactions: When the opening price is above the cloud line and the closing price is below the cloud.


Cloud Cloud Breakout (Exit):

    • Purchase exit: When the price is below the cloud.
    • Selling exit: When the price exceeds cloud cloud.

Cloud Cloud Breakout (Advance) :

        • Buy a deal: When the opening price is below the cloud line and the closing price is above the cloud + The tenkan line is above the Kijun line + The future clouds are bullish.
        • Sale of transactions: When the opening price is above the cloud line and the closing price is below the cloud + The Tianshui line is below the Kijun line + Future clouds are bearish.

      • Buy a deal: If the price is higher than Kijun-sen and Kijun-sen is higher than Kumo Cloud.
      • Sale of transactions: If the price is below Kijunsen and Kijunsen is below the clouds cloud ..

      • Purchase exit: When the price falls below the Kijun line.
      • Selling exit: When the price exceeds the Kijun line.

      • Buy a deal: When the price crosses from bottom to top ChikouspanWith line Chikou spanLines are on both Thousand Light Span A And Thousand Light Span A.. If both conditions are met, it will be an open buy trade.
      • Sale of transactions: When the price crosses from the upper limit to the lower limit Chikouspan With line Chikou span The line is below both Thousand Light Span A And Thousand Light Span A.. If both conditions are met, it will be an open buy trade.
      • Purchase exit: When the price falls below the Kijun line.
      • Selling exit: When the price exceeds the Kijun line.

      • Buy a deal: In the future, when the clouds become bullish, that is, Span A will cross over Span B in the future.
      • Sale of transactions: When future clouds become bearish, that is, Span A will fall below SPAn B in the future.

First strategy (for exit) -Select an exit strategy. (Pro version only)

Tenma / Kijun Cross (Exit):

    • Purchase exit: When the tenkan line crosses below the Kijun line.
    • Selling exit: When the tenkan line crosses over the Kijun line.

Cloud Cloud Breakout (Exit):

    • Purchase exit: When the price is below the cloud.
    • Selling exit: When the price exceeds cloud cloud.

Kijun-Price Cross (Exit) :

        • Purchase exit: When the price falls below the Kijun line..
        • Selling exit: When the price exceeds the Kijun line..
      • Purchase exit: When the price crosses from the upper limit to the lower limit Chikouspan With line Chikou span The line is below the cloud line..
      • Selling exit: When the price crosses from bottom to top Chikouspan With line Chikou span The line is above the cloud line..
      • Purchase exit: When future clouds become bearish, that is, Span A will fall below SPAn B in the future.
      • Selling exit: In the future, when the clouds become bullish, that is, Span A will cross over Span B in the future.

First time frame -Select the indicator time frame.

Tenkan Sen -The value of the tenkan line

Kijunsen -The value of Kijunsen

Thousand Light Span B -Battle light span B value

Signal bar [Ichimoku] (0-current bar) -Signal bar. Which bar is considered the signal bar? 0 means the current bar and 1-means the bar before the current bar.

Reverse signal (at first glance) When set to -True, the EA inverts all default signs. That is, when a buy signal is found, the EA will start a sell transaction.

Other common input parameters for the EA

    Read the common input parameters that use some products-

https://www.mql5.com/en/blogs/post/730083

User Guide-CAP Ichimoku EA-Other-January 28, 2021

https://www.mql5.com/en/blogs/post/742508?utm_campaign=RSS&utm_medium=display&utm_source=MQL5+EN+Blog User Guide-CAP Ichimoku EA-Other-January 28, 2021

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