At this page you can download MT4 Forex indicator
that can be attached to the MetaTrader Forex trading platform
to boost your Forex trading performance.
100% Free - Ichimoku Cloud Breakout Forex Strategy
This forex trading system is
called Ichimoku Cloud Breakout Forex Strategy (or kumo
After downloading and copying the necessary files, apply to any major currency pair such as EUR/USD, GBP/USD, USD/CAD or USD/CHF and set time frame to M5 (5 minutes).
This is a scalping strategy so we should use such small time frames.
Ichimoku Cloud strategy is profitable and trading signals are very easy to follow. The entry for the kumo breakout trading strategy is simple;
when price closes above/below the kumo, the trader opens a trade in the direction of the breakout.
In other words, just follow the candle colors on your chart. Here is an example:
Ichimoku Cloud Breakout Forex Strategy Trading Rules:
I will mark the signals for you to make it clear:
You can go for 10-15 pips when you
enter a trade, you can set stop-loss to 10-15 pips as well. If your broker
offers narrow spreads,
of course that is a big advantage to maximize the pips you earn.
Download Ichimoku Cloud Breakout Forex Strategy Indicators and Template in ZIP version for MT4
Please,UnZip downloaded zipped file with WinZip or 7ZIP
You can download and use 7ZIP software for free
indicators and template inside.
To install downloaded indicators and template use the following steps :
Step By Step installation for MT4
1) Copy the ex4 files. Do this by right clicking on the file and clicking “copy”
Paste/Save the ex4 file into your C:\Program Files\MetaTrader 4\experts\indicators folder
2) Copy the .tpl file to the templates folder C:\Program Files\MetaTrader 4\\templates
3) Close your MetaTrader application (assuming it's currently open ... Ignore this if the application hasn't been launched)
4) Launch your MetaTrader application
5) Pull a chart for example EUR/USD pair,use right click in the chart, go to "Template" option
and browse for the copied file, choose ichimoku-cloud-breakout-strategy.tpl file
(source: available for free on some free Forex websites)