Moving Clouds EA is a multicurrency, trend based Expert Advisor which works with two moving averages and the Ichimoku cloud .
Moving Clouds EA derives its signal by the following method:
- Buy Signal : By intersection of Moving Averages with the Ichimoku Cloud from below upwards.
- Sell Signal : By intersection of Moving Averages with the Ichimoku Cloud from above downwards.
Input Parameters
- Settings for Ichimoku :
- Time Frame - Ichimoku's Time Frame.
- Senkou Span A - Value for Senkou Span A.
- Senkou Span B - Value for Senkou Span B.
- Shift .
- Settings for First Moving Average
- Time Frame - Time Frame of First Moving Average.
- Period .
- Method .
- Price .
- Shift .
- Settings for Second Moving Average
- Time Frame - Time Frame of Second Moving Average.
- Period .
- Method .
- Price .
- Shift .
- Magic Number - You can set any value for Magic Number.
- Comment - Your orders' comments.
Money Management:
- Lots Calculation - You can choose Manual/Balance/Equity/Free Margin .
- If set to Manual - All trades will take "Initial Lots" value.
- If set to other parameters - It will do Martingale and try to recover previous losses if any.
- Initial Lots .
Take Profit and Stop Loss:
- Take Profit - In Pips.
- Stop Loss - In Pips.
- Breakeven .
- Trailing Stop .
Note : If you set any of the above parameters to "-1" , it will be false/off and that parameter will not work anymore.
Summary
- Moving Clouds EA can be run on Forex, Indices and Stocks .
- It works on all Time Frames . However, it has shown good results on M15 .
- There is an option to take trades with fixed lot size (if you set Lots calculation to "Manual")
- You can also set it to "other parameters" to do martingale and try to recover previous losses if any.
- In addition, You can change any value of input parameters mentioned above.
