Ichimoku Waves Meter vm RU

EasyCoder

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Introduction​


The Ichimoku Waves Meter vm RU is a versatile trading robot designed to cater to various trading styles, including scalping, day trading, and swing trading. Developed by the EASY Trading Team, this robot leverages the Ichimoku Kinko Hyo indicator to provide accurate signals and simplify the decision-making process for traders. In this article, we'll explore how you can configure the Ichimoku Waves Meter vm RU for different trading styles and the kind of results you can expect. We encourage users to share their experiences and preferences to enhance our collective understanding.

Scalping​


Scalping is a high-frequency trading style that requires quick decision-making and precise execution. For scalping, the Ichimoku Waves Meter vm RU can be configured to provide rapid signals. Here are the key settings and strategies:

- **Timeframe:** Use a 1-minute or 5-minute chart.
- **Parameters:** Adjust the Ichimoku settings for faster response times (e.g., Tenkan-sen: 6, Kijun-sen: 13, Senkou Span B: 26).
- **Risk Management:** Set tight stop-losses and take-profits due to the rapid nature of scalping.

By using these settings, traders can expect frequent trade opportunities with small profit margins. The robot's quick signal processing helps in capturing minor price movements, making it ideal for scalping strategies.

Day Trading​


Day trading involves making trades within a single trading day, aiming to capitalize on intraday price movements. For this style, the Ichimoku Waves Meter vm RU can be optimized as follows:

- **Timeframe:** Use a 15-minute or 30-minute chart.
- **Parameters:** Standard Ichimoku settings (Tenkan-sen: 9, Kijun-sen: 26, Senkou Span B: 52) are often effective.
- **Risk Management:** Implement moderate stop-losses and take-profits to accommodate intraday volatility.

With these configurations, traders can expect a balanced number of trade signals that capture significant intraday trends. The robot helps in identifying key support and resistance levels, making it easier to enter and exit trades within the same day.

Swing Trading​


Swing trading aims to capture price swings over several days or weeks. For swing trading, the Ichimoku Waves Meter vm RU can be set up as follows:

- **Timeframe:** Use a daily or 4-hour chart.
- **Parameters:** Utilize the default Ichimoku settings to identify longer-term trends.
- **Risk Management:** Set wider stop-losses and take-profits to account for larger price movements.

These settings help in identifying major trend reversals and continuations, making the robot suitable for holding positions over a longer period. Traders can expect fewer but more substantial trade opportunities with a higher profit potential.

Source Code of Ichimoku Waves Meter vm RU​


The original source code of the Ichimoku Waves Meter vm RU sold on MQL5 is not publicly available. However, our team at EASY Trading Team has developed a code based on the detailed description provided on the MQL5 sales page. If you have any questions about the code, feel free to reach out.

It's important to note that the EASY Trading Team does not sell the Ichimoku Waves Meter vm RU robot. Instead, we have created a trading robot based on its description, which can be found on our website easytradingforum.com.

Code:
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Download Ichimoku Waves Meter vm RU and Boost Your Trading Strategy​


If you're interested in enhancing your trading strategy with the Ichimoku Waves Meter vm RU, visit our website to download the example code. This code, based on the description from MQL5, can serve as a starting point for your custom trading robot. We encourage users to share their feedback and experiences to further refine these tools.

For more information, visit this link.
 

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