Renko Buy & Sell Strategy

My ETH Contract Strategy

Hello everyone! I’ve designed a contract trading strategy specifically for ETH. The goal is to capture market volatility!

Strategy Objectives
Capture both long and short opportunities in ETH.
Use the closing price as the basis for opening and closing trades to reduce noise and avoid frequent intraday triggers.

Core Tool
Renko Chart

Core Concept
Generate buy and sell signals using the crossover of the Renko chart’s opening and closing prices, combined with dynamic adjustments based on ATR (Average True Range).

Risk Management
Position Sizing: Risk only 1 contract of the account balance per trade (adjustable).

Stop Loss
None. Close the position and open a new one when a reversal signal appears.

Take Profit
None. Close the position and open a new one when a reversal signal appears.

Why Use This Strategy?
Simple and Effective: Combines fast signals with trend filtering to avoid blind trading.

Usage Recommendations
Best suited for ETH, with optimal performance on 15-minute and 30-minute charts (also works for BTC). Not suitable for other coins. My tests started with $1,000, and the returns have been promising.