# Ichimoku Edge MT4 EA

Generates Buy and Sell signals based on the Ichimoku Kinko Hyo indicator and retail trader sentiment.

Canonical: https://prismaticalgos.com/compendium/algo/6349-ichimoku-edge-mt4-ea
Record ID: 6349
Catalog rank: 2394 (reading order, not performance)
Snapshot: 2026-10-31 15:46 UTC
Family: Trend Following & Directional (A)
Source: https://www.mql5.com/en/code/64492
Evidence label (unverified): backtest_shown

## Scope and limitations

These are machine-extracted research records, not verified trading systems. Catalog rank measures specification detail and claimed evidence, not profitability. The catalog extraction pipeline did not independently backtest these records. Its separate selected testing ledger does not validate the wider corpus. Rules, labels and parameters can be incomplete or wrong; consult the original source and its reuse terms.

No endorsement, ownership claim or source-code reuse permission is implied.

## Extraction warnings

Build warnings: MT4_ONLY: the captured source is MQL4 / written for MetaTrader 4. It needs porting (order functions, indicator handles) before it runs on MT5.

## Recorded profile

- symbols: Any
- timeframes: H1, H4, D1
- sessions: Any
- market_regime: trending|volatile

## Indicators

- Ichimoku Kinko Hyo: {"Kijun": 26, "Senkou": 52, "Tenkan": 9}; applied to: close
- ATR: {"period": null}; applied to: close

## Recorded long-entry rules

- Chikou Span crosses the price from below, both current price and Chikou are above the Kumo

## Recorded short-entry rules

- Chikou Span crosses the price from above, both current price and Chikou are below the Kumo

## Recorded exit rules

- Opposite signal appears

## Recorded filters

- Ichimoku Kinko Hyo settings
- Retail trader sentiment from Ziwox API

## Risk controls

- Stop loss: No fixed Stop Loss
- Take profit: No fixed Take Profit
- Position sizing: Fixed lot size or ATR-based sizing
