Ichi Grid Lot EA

Ichi Grid Lot EA

A premium Expert Advisor combining the power of the Ichimoku Kinko Hyo indicator with a modern DCA Grid system, fortified with the most advanced Safety Protections available on MQL5 today.

This guide explains the parameters as they appear in the Inputs tab of MetaTrader 5.

? 1. ICHIMOKU SETUP (CORE LOGIC)

•Timeframe for Trading: Timeframe used to check price position relative to Span B.

•Tenkan-sen/Kijun-sen/Senkou Span B Period: Ichimoku indicator settings (Default: 9, 26, 52).

•Logic: Only BUY when price is below Span B. Only SELL when price is above Span B.

? 2. RECOMMENDATIONS

•Best Pairs: XAUUSD (Gold), EURUSD, GBPUSD.

•Timeframe: M5 or M15.

•Min Capital: $50 (Cent) or $5000 (Standard).

•Leverage: 1:500 or higher.

? 3. LOT & GRID SETTINGS

•Lot L1: Initial order volume.

•Lot increase factor 1/2/3/4: Lot multiplier for 4 different stages.

•Order start use lot increase factor 2/3/4: The order number where a new multiplier begins.

•Distance price Lx / Price TP for Lx: Specific grid spacing and take profit for each level (L1 to L16+).

•Order Count to Merge TP into Single Price: Once this count is reached, all TPs are merged into a single price for a quick exit.

•Enable Dynamic Grid by ATR: Automatically expands grid spacing during high volatility.

?️ 4. BREAK-EVEN MECHANISMS

•Enable Account Equity Break-even: Closes all positions based on total account equity.

•Target Profit for Equity Break-even (cents): Profit target in cents to trigger the equity close.

•Enable Basket Break-even (Per Direction): Closes a specific direction (Buy or Sell) when it reaches break-even + profit.

•Enable Trailing Profit for Basket: Instead of closing immediately at break-even, the EA trails the profit and only closes if it drops by (Drop in cents to close).

✂️ 5. PROFIT-BASED LOSS CUTTING

•Enable Profit-Based Loss Cutting: Uses realized profits to "prune" the oldest losing orders.

•Initial Capital (cents): Your starting balance in cents (e.g., 500000 for $5000).

•DCA level to start cutting loss: The grid level where the EA starts cutting losers using profit.

? 6. SAFETY & HEDGING SYSTEM

•Enable Volatility-Based Hedging: Triggers a hedge if the price moves too far (Trigger hedge if price moves this much) within a short time (Within this time window).

•Hedge max order count threshold: Failsafe that hedges if too many orders open within (Hedge max order time window).

•Enable Flash Crash Protection: Limits the maximum number of orders per candle (Max orders in 1 candle before Hedge).

•Enable Hedge at Max Level: Automatically locks the account when the grid reaches (Grid Level to trigger Hedge). Use the RELEASE HEDGE button to resume.

? 7. FILTERS & REMOTE CONTROL

•Max Spread (Points) to enter L1: Prevents L1 entries if the spread is too high.

•Enable News Filter (only stops L1): Pauses L1 entries before and after high-impact news.

•Enable Remote Mobile MT5 Control: Toggle the EA via your phone by placing Limit orders with specific lot sizes (e.g., Lot Buy Limit ON BUY, OFF SELL).