1.

I have developed the following EA and tested it in ForexTester 2.5 with good results

2.

I use the Ichimoku indicator and an MA cross signal (the MA just substitutes for a T&S cross

because it is more visible on my charts.

3.

I have 2 input parameters in my EA

a.

Stop Loss value

b.

The Maximum Volitility of the previous bar i.e. the pip value of the pervious bar can

not exceed this value

4.

I optimized each currency pair for these values

5.

I found that trading Daily bars was the best solution

6.

My Rules

i.

Apply to all major currency pairs

ii.

Wait for an MA Cross signal

iii.

Never trade when Previous Bar is volatile

iv.

Price, Tenkan Sen and Kijun Sen must ALL be on correct side of KUMO before

entering trade

v.

Set Profit Target at 2.1 of the Stop Loss. Can then reenter same position for more

profit

vi.

Ignore KUMO thickness and Senkou Span flatness

vii.

Price must be moving in right direction before placing an order

viii.

For Long Orders Price Bullish – Tenken Sen must be below Price

ix.

For Short Orders Price Bearish – Tenken Sen must be above Price

Question for programmer
My next step is to choose a platform
My choices

1.

Metratrader 4 – good only for Forex, being replaced by Metatrader 5

2.

Metatrader 5 – good for Forex, Futures, Equities – still in Beta stage although some brokers

are using it

3.

Multicharts – very good, but submits the order to Brokers desk and can not track orders once

submitted.

I am leaning towards Multicharts because Easy Language is simplier than a C++ language like
MQL5 and the charting tools of Multicharts are out of this world.