Ichimoku Expert Advisor with a One-Time Increase After a Loss
Summary
This MetaTrader Expert Advisor uses the Ichimoku Kinko Hyo indicator and changes position size after a losing trade. The loss is detected through trade-transaction events when an exit deal is recorded. The next position is opened with increased volume, but the increase happens only once rather than compounding after each loss. The document does not specify the Ichimoku signal rules that determine entries or exits, so the indicator’s role in the trading logic cannot be reconstructed from the description alone.
Available controls include stop loss, take profit, trailing stop and step, a maximum position count, fixed lots, or dynamic sizing based on a risk percentage, along with a strategy identifier. An EUR/USD hourly chart is named, but no performance statistics, testing period, or risk results are presented. The one-time size increase still raises exposure after a loss, and the article does not explain its sizing formula or safeguards. Readers therefore have a high-level description of the EA’s management behavior, not evidence that it is profitable or a complete trading specification.
Key ideas
- The Expert Advisor is based on the Ichimoku Kinko Hyo indicator.
- A losing exit is detected through trade transaction events.
- After a loss, the next position receives a one-time volume increase rather than a continuing progression.
- Inputs include stop and trailing controls, position limits, and fixed-lot or risk-based sizing.
- The document gives no entry rules, sizing formula, or performance evidence.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.