350# Ichimoku Breakout Trading System
Ichimoku Simple Breakout and Ichimoku filtered by Ichimoku MTF 60 min
Submit by Janus Trader 08/06/2013 (Written by Rozayx for more informations:rozayx5@gmail.com)
Ichimoku Simple Breakout Trading System
Time Frame 15 min
Currency pairs:any.
Ichimoku Breakout Simple forex Strategy
Metatrader Indicators:
ZB-Cloudlines indicator;
ZB-Cloudcandle indicator;
Bollinger Band Stop Indicator c.4;
Candle closing Time.
Buy
To buy the blue dots have to be below, and there has to be a single confirmed green candle before that.
In the pictures Ichimoku Breakout forex system in action.
Sell
To sell the red dots have to be above, and there has to be a single confirmed red candle before that.
Ichimoku Breakout Trading System buy and sell the picture below
Ichimoku 15 min breakout trading system filtered by Ichimoku MTF 60 min
Ichimoku 15 min brakout trading system filtered by Ichimoku MTF 60 min
Metatrader indicators:
ZB-Cloudlines indicator;
ZB-Cloudcandle indicator;
Bollinger Band Stop Indicator c.4;
Candle closing Time;
MTF Ichimoku 60 min;
Support and Resistance lines 4H;
Trade only in the direction of Ichimoku 15 min breakout trading system filtered by Ichimoku MTF 60 min with the previous rules.
Not to trade if the two indicators ichimoku, are not in the same direction.
Exit position is discretionary.
See examples below.
I think that these forex strategies work well with renko chart. See update Renko Forex Strategies: Ichimoku Breakout with Renko Charts.
Share your opinion, can help everyone to understand the forex strategy.
