Ichimoku Breakout Strategy — Indicator by Shuthan

The Script generates signels and alerts on Kumo breakouts ,Tenkan and Kijun Crossover. It helps to catch the big moves when combined with other Indicators and Oscillators.

Note: There are possibilities for false breakouts alerts as no indicators and oscillators are 100% accurate . So please ensure to have additional Indicators and Oscillators before entering the trade.

Release Notes:

In the new updated version Kumo Breakout Signals and alerts are generated only when the Long or Short condition matches the MACD or ADX. So this reduces the many false breakouts.

Release Notes:

Improved Accuracy on the breakouts

Release Notes:

Improved Accuracy on breakouts

Release Notes:

Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact Shuthan for more information, or follow the author's instructions below.

TradingView does not suggest paying for a script and using it unless you 100% trust its author and understand how the script works. In many cases you can find a good open-source alternative for free in our Community Scripts.

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