Ichimoku Ultimate Scanner EA 2020
Ichimoku Ultimate Scanner EA 2020 is a forex trading tool that scans the market in real-time to find potential trading opportunities based on the Ichimoku cloud indicator. It automates trade entry and exit signals.
forex
trading
scanner
ichimoku
automated
Ichimoku Ultimate Scanner EA 2020
Forex trading tool for real-time market scanning, automated trade entry and exit signals based on the Ichimoku cloud indicator, a popular choice among traders seeking a reliable trading platform.
What is Ichimoku Ultimate Scanner EA 2020?
Ichimoku Ultimate Scanner EA 2020 is an expert advisor for the MetaTrader 4 and MetaTrader 5 forex trading platforms. It is designed to scan the market in real-time and identify potential trading opportunities based on the popular Ichimoku Kinko Hyo technical indicator.
The Ichimoku cloud indicator is made up of multiple lines that help traders visualize support and resistance levels, momentum, and trend direction. The EA uses these components to algorithmically determine optimal entries and exits in the market. Once a trade is entered, it will manage the position by trailing stop losses and taking profits at predetermined levels.
Key features of the Ichimoku Ultimate Scanner EA include:
- Real-time market scanning based on Ichimoku trading strategies
- Automated entry and exit trade signals
- Customizable Ichimoku indicator settings
- Risk and money management features such as martingale or grid trading
- Compatibility with both MetaTrader 4 and MetaTrader 5
- Statistical backtesting capabilities
The EA aims to eliminate the manual analysis of charts by traders through automation. It is designed for forex traders who rely on the Ichimoku system for making trading decisions. With the EA scanning the markets and identifying trades, the user can focus less on analyzing charts and more on executing the provided signals.
Ichimoku Ultimate Scanner EA 2020 Features
Features
- Real-time market scanning based on Ichimoku cloud indicator
- Automated trade entry and exit signal generation
- Customizable scanning and trading parameters
- Works with MetaTrader 4 and MetaTrader 5
Pricing
- Subscription-Based
Pros
Saves time by automating analysis and trade signals
Removes emotional bias from trading decisions
Allows trader to focus on other aspects of trading strategy
Cons
Requires ongoing subscription fees
May generate false signals in choppy market conditions
Requires monitoring and adjustment as market conditions change
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