DsForexPro

A 90% Winning Strategy - Simple but effective

FX:EURUSD   歐元 / 美元
40202 81 52
Guys ! we all know about Renko Charts, you can use this strategy which is really basic, simple but very very effective. For making good profit it's not that you need loaded Indicators and systems, sometimes a very basic system turns to be effective. Here i am discussing a system which always works. Clear entry and exit rules, you can use this system for scalping on 5 minutes to 15 Minutes charts as well but i suggest go with 1Hr chart for maximum profit.
Requirements
1) Renko Chart
2) 20 Period Moving average - Simple or Expo no matter.
3) MACD with standard settings.

Now let's see when we have to take Long or Short entry:

Long Entry Rule:
Renko Chart create a Blue Candle Which is crossing above 20 period Moving Average then take Long on closing of candle. - EMA shape points upwards and MACD crossing up for Long entry. Exit rule is Simple, as Renko chart form first Red candle exit trade on closing of candle.

Short Entry Rule:
Renko Chart create a Red Candle Which is crossing Below 20 period Moving Average then take Short on closing of candle. - EMA shape points Downside and MACD crossing down for Short entry. Exit rule is Simple, as Renko chart form first Blue candle exit trade on closing of candle.
How do you set block size in Trading View? I dont see an option for it on settings just ATR length.
+14 回覆
ali732142 frenchcottage
@frenchcottage, hi how are you? this strategy work? or not? thanks from italy :)
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Hello,
How and WHERE Can i test renko EA ? mt4 platform ?
Thank you !
+2 回覆
ali732142 testowy2016
@testowy2016, hi how are you? this strategy work? or not? thanks from italy
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asd
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ali732142 testowy2016
@testowy2016, hi how are you? this strategy work? or not? thanks from italy
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joseph nemeth style?
+2 回覆
Please may I know what is spread range
+6 回覆
ali732142 tonyinweb
@tonyinweb, hi how are you? this strategy work? or not? thanks from italy
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I have been using renko for a long and is the best system you dont even need indicators you can buy and sell on 2 block in on up trened and close trade on 2 blocks in diffrent direction the bigger your block size the better your trades will be
+33 回覆
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