[Free EA] Ichimoku ZZ EURUSD

Ichimoku is 9, 26, 52. Those three numbers are all of it. I have only ever looked at how these lines behave on EURUSD.

For results, please see the forward test on this page. Plenty of products present long back-test records; what I publish is only what actually filled on the measurement account at Systre.COM.

Why only Ichimoku

Ichimoku Kinko Hyo was born in Japan. Tenkan-sen 9, Kijun-sen 26, Senkou span 52. These numbers were decided before the war and have not changed since.

I did not add other indicators. Adding them increases the number of situations you catch, but you lose track of why you won and why you lost. What you cannot explain, you cannot fix.

I narrowed it to EURUSD for the same reason. I know that adding pairs sells better, but one is all I can keep watching.

Why the cloud and ZigZag together

What ZigZag tells you is only where the market turned. Whether that place is somewhere to buy or somewhere to sell, ZigZag itself says nothing.

That is where the cloud is laid over it. The same turning point means something different depending on whether it happened above the cloud or below it. Senkou span A and B are the material for that judgement.

I kept it to two indicators so that when it loses, I can eliminate causes one at a time. Stack five and you catch more situations, but you no longer know which one is working.

Margin and risk

Allow roughly 200,000 yen per 0.01 lot.

MaximumLossPercent lets you cap the loss. Set 20% against a balance of 1,000,000 yen and the maximum loss is held to 200,000 yen. It ships at 0, meaning disabled, so please set it yourself before running.

This EA averages down. It builds up to 200 positions. Please use it knowing that there are moments when it adds while carrying an unrealised loss.

About the other one

I also publish Ichimoku TT EURUSD under the same name. Both use the same Ichimoku and ZigZag, but they decide the entry location differently. They are not designed to run together on one account.

Frequently Asked Questions

Can I use the EA right after purchase?

Yes. The EA file (.ex4/.ex5) becomes available for download from your account page immediately after payment completes.

Does it support MT4 or MT5?

Platform compatibility varies by product. Please check the "Supported Platform" field on each product page. Many EAs support both MT4 and MT5.

Can I try EAs on a demo account?

Most EAs do not support running on demo accounts. To help you decide before purchase, every EA's backtest results are shown in the "Backtest" tab and forward test performance in the "Performance" tab on each product page.

What is the recommended margin or lot size?

Recommended settings are listed for each EA in the "Product Details" section of its product page. Excessive lot sizing can cause catastrophic losses at maximum drawdown.

Can I change my licensed account?

After purchase, go to "Licensed Account Switch" on My Page and enter the MT4/MT5 account number you want to bind. The change applies immediately. You can change once per 24 hours.

Are refunds or returns available?

Due to the nature of digital products, we generally cannot refund or accept returns after the authentication code has been issued. However, if the EA itself has a critical defect that prevents operation and the fault lies with us, we will handle the case individually. Please contact us via the inquiry page.

Do backtest results match live performance?

Backtest results are theoretical values based on historical data, while forward tests reflect live environment performance. Systre publishes forward test data for every EA on its product page so you can verify live performance before purchase. Spread and execution delays typically cause some divergence between backtest and live results.

Parameters

Trading Info

Recommended Fund: 2,000

Expected Monthly Return: 5%

This data is based on a 0.01 lot size. Actual performance may vary depending on your lot size.

Entry Condition

I use only two things: the Ichimoku cloud, and the highs and lows that ZigZag has confirmed. I do not look at the Tenkan-sen, the Kijun-sen, or the Chikou span.

The cloud is plotted 26 bars ahead. Where does the current price sit inside the resistance band the earlier market prepared? That is how I read direction. Where to enter is decided by ZigZag. What I read is the last closed bar. New positions are opened only between 00:30 and 23:30.

Why ZigZag. With a moving average or an RSI, the value moves whenever price moves. A place that looked like a pullback stops being one five minutes later. ZigZag is different. If price does not travel further than the width you set, it plots no point at all. Small swings are treated as if they never happened, and what remains is only the place where the market actually turned.

The settings are Depth 6, Deviation 5, Backstep 3. The MT4 default for Depth is 12, so this is half of it. The lower the value, the finer the swings it picks up. On the EURUSD 5-minute chart, this was the width that left only the swings that mean something.

ZigZag has a well-known flaw. On a forming bar the line is redrawn, and a point that was a high a moment ago disappears. Used without understanding this, you get an EA that wins in testing and loses on a real account. This EA reads only the last closed bar, because the value of a closed bar never changes again. It reacts one bar later, but I consider that better than entering on a point that will vanish afterwards.

Close Condition

Positions are closed when the profit target you set is reached.

When price moves against the position, it adds at the interval you set to lower the average entry price, and takes the profit together once price comes back.

If MaximumLossPercent is set, the position is closed when that loss rate is reached. The default is 0, which means it is disabled.

Favorable Market

A market that keeps its direction. When the cloud is thick and price is clearly away from it, above or below, the ZigZag points line up cleanly as well.

A market with range is also favourable. Since the design lowers the average entry price by adding, it can take back what the move gave.

Conversely, the hours when price wanders inside the cloud are not favourable. ZigZag still plots points, but the cloud does not tell you which side of the market they belong to.

Unfavorable Market

A market that runs one way and does not come back.

This method uses averaging down. There are moments when it adds while holding an unrealised loss, and the design allows up to 200 positions. If price does not return, the unrealised loss grows while the number of positions grows with it.

The high win rate rests on top of that structure. If you cannot accept this, I would rather you did not buy it.

Avoid Trading Timing

Around the US employment report, the FOMC, and the CPI. Also the thin market from Christmas through the new year.

It is designed to run unattended, but please check the calendar for these four.

Recommended Operation

Allow roughly 200,000 yen per 0.01 lot.

Please always set MaximumLossPercent. With a balance of 1,000,000 yen and a setting of 20%, the loss stops at 200,000 yen. Running it with this left empty is not something I recommend.

If you combine it with other EAs, shift both the currency pair and the method. Lining up two averaging-down EAs on the same EURUSD is not diversification.

EA Backtest Analysis

Win Rate74.60%

Backtest Details

Backtest

Yearly trade data

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Listed Products

Ichimoku ZZ EURUSD

Forward Test

Buy vs Sell Trade Ratio

Buy vs Sell Profit/Loss

Entries by Time of Day

Performance Scorecard