Simple Renko System



The tools for the trade are Renko ea slope direction line traditional macd Template as above .Before I explain this system , I want you all to know that I developed it in a couple of hours while ‘playing around’ , I noticed through the comments that some people have trouble understanding how to load renko charts so can’t load the templates from the recent upload – “renko charts with solar wind joy”.

Part of the reason I developed this system like I did is that a lot of people say that if you have a direction change bar that there is over 70% that the next bar will be a continuation, I am assuming this might be the case for a larger pip bar like the 10 pip bar where I have my charts set to 5 pips.



Simple Renko System.rar



Any Questions Contact Us