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EURJPY Ichimoku TEMA Breakout Strategy

Required membership: Free (Activate the plan here)

Type: Breakout

TimeFrame: H1

Please register to download the strategy

Profit factor 1.45

Instrument: Forex

Supported platforms: MetaTrader 4, MetaTrader 5, StrategyQuant

Strategy description

The EURJPY Ichimoku TEMA Breakout Strategy is a structured rule-based breakout system designed for the EURJPY H1 market. Its goal is to participate only when price confirms directional intent through a clear Ichimoku Kumo breakout, while using volatility-adjusted pending entries to avoid impulsive market execution.

The strategy uses the Ichimoku cloud breakout as its primary directional filter. Once a valid bullish or bearish breakout is confirmed, the system does not enter immediately at market. Instead, it places a pending STOP order around a TEMA-based reference level, shifted by a volatility buffer derived from the Bollinger Band Width Ratio. This allows the strategy to wait for additional price confirmation before entering the trade.

For long setups, the strategy requires a bullish Kumo breakout and places a Buy Stop above the shifted TEMA level plus the volatility buffer. For short setups, it requires a bearish Kumo breakout and places a Sell Stop below the shifted TEMA level minus the same type of buffer. Pending orders remain valid for 24 bars, duplicate trades are disabled, and pending order replacement is allowed.

Risk management is intentionally simple and disciplined. Each trade uses a fixed stop-loss of 35 pips and a fixed profit target of 195 pips. In addition, the system applies a time-based exit after 36 bars and closes open trades on Friday at 19:00 to reduce weekend exposure.

  • Market: EURJPY
  • Timeframe: H1
  • Entry logic: Ichimoku Kumo breakout + TEMA breakout STOP entry
  • Volatility filter: Bollinger Band Width Ratio
  • Order type: Pending STOP orders
  • Stop-loss: 35 pips
  • Profit target: 195 pips
  • Time exit: 36 bars
  • Friday exit: 19:00

Overall, this strategy is built for traders who prefer a clean breakout framework combining trend confirmation, volatility-adjusted execution, and straightforward fixed-risk trade management.

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Risk Disclosure:
Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

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Hypothetical performance results have many inherent limitations, some of which are described below. no representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.

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