In this paper, we propose a new transmit diversity technique for multiple-input multiple-output (MIMO) systems to improve the link level performance of open-loop systems. By cyclically applying a predetermined set of preceding weight vectors, artificially induced fluctuation is created to achieve additional diversity gain in flat fading channels. To design the set of the precoding vectors, we exploit the knowledge on the distribution of near optimum Preceding vectors observed in a beamforming scheme based on the rotation transformations. Simulation results demonstrate that the proposed open-loop diversity scheme with an arbitrary number of transmit antennas achieves a full diversity gain with computational complexity comparable to a single-input single-output (SISO) system.