MTF Ichimoku: Automated MT5 trading indicator delivering multi-timeframe entries and clearer risk control

This MTF Ichimoku review presents a focused 2026 performance and analysis of a multi-timeframe Ichimoku dashboard built for MT5. The first section summarizes live account observations, backtest snapshots, and the signal logic so readers can judge strength of edge. The review highlights documented metrics including a representative 72% win rate on recent EURUSD demo runs and an observed maximum drawdown near 8% when following recommended position sizing rules. What makes MTF Ichimoku unique is its consolidated dashboard that displays Kijun/Tenkan cross confirmations across three configurable timeframes along with cloud bias and momentum color coding. The algorithm calculates confluence scores, triggers alerts when lower timeframe entries align with higher timeframe trend, and offers suggested stop and take profit points derived from recent ATR and cloud boundaries. Ebrah Ssali designed the indicator for MT5 to reduce manual chart scanning while retaining trader oversight. MTF Ichimoku works best in trending and range-transition markets where cloud direction and span position provide clear bias; performance drops in choppy markets without a dominant timeframe trend. Risk management is explicit: the indicator suggests stop levels based on ATR multiples and recommends position sizes to limit account risk per trade. Expected performance characteristics include moderate trade frequency, higher win rate on trend-following setups, and occasional larger losing trades during volatility spikes. Overall, MTF Ichimoku provides transparent signals suitable for systematic traders who want objective entries and documented trade rationale.