Ichimoku With Alerts
Ichimoku Indicator with alerts MT5 Free Download
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KT Ichimoku plot the arrows and provide alerts based on 4 trading strategies based on Ichimoku Kinko Hyo indicator. The generated signals can be filtered by other Ichimoku elements.
Four Strategies based on the Ichimoku Indicator
1. Tenkan-Kijun Cross
- Buy Arrow: When Tenkan-Sen cross above the Kijun-Sen.
- Sell Arrow: When Tenkan-Sen cross below the Kijun-Sen.
2. Kumo Cloud Breakout
- Buy Arrow: When price close above the Kumo cloud.
- Sell Arrow: When price close below the Kumo cloud.
3. Chikou-Sen Breakout
- Buy Arrow: When Chikou-Sen breaks above the last 26 period price range.
- Sell Arrow: When Chikou-Sen breaks below the last 26 period price range.
4. Kumo Cloud Future Twist
- Buy Alert: When the future Kumo Cloud turns bullish.
- Sell Alert: When the future Kumo cloud turns bearish.
- History Bars: Set the value of max. bars to consider for indicator calculation.
- ----- Set Ichimoku Parameters -----
- Set the value for Tenkan-sen, Kijun-sen and Senkou Span
- ----- Turn ON/OFF the Ichimoku Signals -----
- Tenkan-Kijun Cross: Off | Without cloud confirmation | With cloud confirmation
- Kumo Cloud Breakout: Off | Without Tenkan-Kijun confirmation | With Tenkan-Kijun confirmation
- Chikou-sen Breakout: Off | Without cloud confirmation | With cloud confirmation
- Kumo Cloud Future Twist: true/false (alert only)
- Rest of the inputs are self explanatory.
- Added symbol and time frame information in alerts.
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Great indicator, works really smoothly and accurate. Free too!
Hi, is there an MT4 version of this please?
Right now 5 stars.
Just wanted to know if this sends and alert to the spartphone´s MT5 app
The indicator as I said works flawlessly, however, whenever I change the parameters of the lines (9,26,52) to a (7,22,44) (I guess the problem is the number 22 but I do not know why…) my Chikou Span plunges right to the bottom and then the app eventually crashes, just wanted to know If there´s a solution to that, I would really appreciate that.
Thank you again for the hard work!
Could you add an option for a Chikou cloud breakout strategy? Or have an option to create our own strategies such as if Chikou breaks out of past price action and past Kumo, in addition to Tenkan and Kijun cross, and also taking the future Kumo into account. I’m sorry I couldn’t articulate this so well. By the way, does this automatically send Push notification to my phone as long as my MetaQuotes ID is connected from my phone app to the pc terminal?
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