About the Kijun Sen Expert Advisor
The Kijun Sen Robot Metatrader 4 Forex Robot is an expert advisor that utilizes the Ichimoku, Moving Average, and the Parabolic SAR technical indicators as its building block, upon which it’s able to trigger fully automated buy/sell signals.
The expert advisor is optimized for the GBP/USD and EUR/USD currency pairs on the 30 Minute time frame.
In addition to this, the Kijun Sen Robot EA employs a moving average filter as a way to minimize unwanted market signals.
On the face of it, this forex robot can analyze trending markets, filter out flat markets, and manage ensuing positions using a sound money management technique.
Free Download
Download the “KSRobot_1_5_h1_v1.mq4” MT4 robot
Key Features
Trend-Following Strategy
Utilizes the Kijun Sen line to identify and follow prevailing market trends, enhancing the probability of successful trades.
Automated Trading
Executes trades automatically based on predefined criteria, reducing the need for constant market monitoring.
Customizable Settings
Allows traders to adjust parameters such as stop loss, take profit, and lot size to align with their individual trading strategies and risk tolerance.
Multi-Timeframe Support
Compatible with various timeframes, offering flexibility for different trading styles.
Optimized for Major Currency Pairs
Specifically optimized for currency pairs like EUR/USD and GBP/USD, ensuring efficient performance.
Strategy Tester Report
Find below the Kijun Sen robot strategy tester report for the EUR/USD forex pair on the 30 Minute chart.
Overall Performance
The EA made a total profit of $380.00 from a total of 34 trades.
The largest winning trade generated $140.00 in profits, while the largest losing trade generated a loss of $280.00.
Statistics:
Bars in test: 11321 ticks modelled
Initial deposit: $10000.00
Total net profit: $380.00
Total trades: 34
Largest profit trade: $140.00
Largest loss trade: -$280.00
Consecutive wins: 5
Consecutive losses: 1
How the EA Works
- Monitors the Kijun Sen line for price crossovers.
- Identifies buy signals when the price crosses above the Kijun Sen line.
- Identifies sell signals when the price crosses below the Kijun Sen line.
- Executes trades automatically upon meeting entry conditions.
- Manages open positions with stop loss, take profit, and trailing stop features.
Download Now
Download the “KSRobot_1_5_h1_v1.ex4” Metatrader 4 robot
Parameters & Settings
- Lot Size: Adjustable based on account balance.
- Stop Loss: Configurable to suit risk management preferences.
- Take Profit: Set to predefined levels or adjustable based on strategy.
- Trailing Stop: An Optional feature to lock in profits as the market moves favorably.
- Trading Hours: Customizable to trade during preferred market sessions.
Recommended Trading Setup
- Platform: MetaTrader 4 (MT4).
- Currency Pairs: EUR/USD, GBP/USD, USD/JPY, and other major pairs.
- Timeframes: M30, H1, H4 for optimal performance.
- Broker: ECN accounts with low spreads and fast execution.
- VPS: Recommended for 24/5 uninterrupted trading.
FAQ
How does the Kijun Sen EA determine trade signals?
The EA monitors price relative to the Kijun Sen line. A cross above signals a buy, while a cross below signals a sell, automating trend-following entries.
Can I use multiple currency pairs simultaneously?
Yes, the EA works on multiple major and minor currency pairs, allowing diversification and more trading opportunities.
Is it suitable for both beginners and advanced traders?
Absolutely. Beginners benefit from automation and simplicity, while advanced traders can adjust settings for customized risk and strategy optimization.
Does the EA manage risk automatically?
Yes, it applies configurable stop loss, take profit, and optional trailing stop settings to ensure trades are managed effectively.
Can I run it on a VPS for 24/5 trading?
Yes, using a VPS ensures uninterrupted trading around the clock, which is highly recommended for best results.
Summary
The Kijun Sen Expert Advisor for MT4 is a reliable and fully automated forex robot designed to capture trends using the proven Kijun Sen strategy.
By monitoring price action relative to the Kijun Sen line, it identifies optimal entries and exits with precision, eliminating emotional trading errors.
This EA offers full customization for lot size, stop loss, take profit, and trailing stops, allowing traders of all experience levels to align it with their risk tolerance and trading style.
