Ichimoku Block

Overview

List of Indicators

  • Ichimoku (MT4/MT5)

Strategies

  1. Tenkan-Kijun Cross 
  2. Tenkan-Kijun Cross (Advance)
  3. Tenkan-Kijun Up & Down (Advance)
  4. Kumo Cloud Breakout
  5. Kumo Cloud Breakout (Advance)
  6. Kijun-Price Cross
  7. Chikou Breakout
  8. Kumo Future Twist

– 1. Tenkan-Kijun Cross –

BUY SIGNAL = When Tenkan-sen cross above the Kijun-sen.

SELL SIGNAL = When Tenkan-sen cross below the Kijun-sen.

– 2. Tenkan-Kijun Cross (Advance) –

BUY SIGNAL = When Tenkan-sen cross above the Kijun-sen + Tenkan-sen is above the Kumo Cloud + Kumo Cloud is bullish.

SELL SIGNAL = When Tenkan-sen cross below the Kijun-sen + Tenkan-sen is below the Kumo Cloud + Kumo Cloud is bearish.

– 3. Tenkan-Kijun Up & Down (Advance) –

BUY SIGNAL = When Tenkan-sen above the Kijun-sen + Tenkan-sen is above the Kumo Cloud + Kumo Cloud is bullish.

SELL SIGNAL = When Tenkan-sen below the Kijun-sen + Tenkan-sen is below the Kumo Cloud + Kumo Cloud is bearish.

– 4. Kumo Cloud Breakout –

BUY SIGNAL = When open price are below Kumo cloud line and close price are above the Kumo cloud.

SELL SIGNAL = When open price are above Kumo cloud line and close price are below the Kumo cloud.

– 5. Kumo Cloud Breakout (Advance) –

BUY SIGNAL = When open price are below Kumo cloud line and close price are above the Kumo cloud + Tenkan-sen is above Kijun-sen + Future Kumo is bullish.

SELL SIGNAL = When open price are above Kumo cloud line and close price are below the Kumo cloud + Tenlan-sen is below Kijun-sen + Future Kumo is bearish.

– 6. Kijun-Price Cross –

BUY SIGNAL = When price cross above the Kijun-sen and Kijun-sen is above the Kumo cloud.

SELL SIGNAL = When price cross below the Kijun-sen and Kijun-sen is below the Kumo cloud.

– 7. Chikou Breakout –

BUY SIGNAL = When price cross from lower to upper value of Chikou Spanline and Chikou Spanline is above both  Senkou Span A and Senkou Span A. When both condition meet it open buy trade.

SELL SIGNAL = When price cross from upper to lower value of  Chikou Span line and  Chikou Span line is below both  Senkou Span A and  Senkou Span A. When both condition meet it open buy trade.

– 8. Kumo Future Twist –

BUY SIGNAL = When future Kumo turns bullish i.e. SpanA cross above the SpanB in future.

SELL SIGNAL = When future Kumo turns bearish i.e. SpanA cross below the SPanB in future.

Others Inputs

  • Ichimoku Time Frame – Select indicator time frame.
  • Tenkan-sen – Value of Tenkan-sen.
  • Kijun-sen – Value of Kijun-sen.
  • Senkou Span B – Value of Senkou Span B.
  • Signal Bars [Ichimoku] (0-Current Bar) – Signal bar. Which bar are consider as signal bar. 0 mean current bar, 1 – mean previous bar of current bar.

NOTE: All indicators require that you configure all the inputs.

How to Active

#Step 1 – 

First, you have to active ICHIMOKU INDICATOR SECTION to Set from EA’s Input
Active Ichimoku = On

#Step 2 –

Select your Signal from Ichimoku Signal Type. You have 8 Signals to choose from.

#Step 3 – 

After your signal selection is done then configure your indicator. Like Tenkan-sen, Kijun-sen, Senkou Span B and Signal Bars.

NOTE: All indicators require that you configure all the inputs.

Example