Ichimoku With Alerts
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Ichimoku Indicator with alerts MT5 Free Download

advance ichimoku indicator with alerts mt4 mt5

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Release date:January 21, 2019
Last updated:January 21, 2019
Current version:1.0
Product type:Indicator
  • Description
  • Comments

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.

Input Parameters

  • 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.



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  • Ichimoku Indicator

    Great indicator, works really smoothly and accurate. Free too!

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