RSS10 System | Foreign exchange indicator download-MT4/MT5 resources-MetaTrader 5 resources
First of all please forgive my bad English.
I want to show all two simple strategies based on Renko charts. No indicators.
I tested manually but the problem is execution. This system requires a full-time trader or an EA running 24 hours a day to execute correctly.
System #1:
Chart: 10-point brick.
Stop loss: 20 pips + spread or 2 bricks of 10 pips + spread.
Buy: When a bullish brick closes higher than the previous bearish brick, a buy stop order is opened. Close the position when the opposite rule occurs.
Sell: Open a sell stop order when a bearish brick closes below the previous bullish brick. Close the position when the opposite rule occurs.
What do you think?
example:
I want to show all two simple strategies based on Renko charts. No indicators.
I tested manually but the problem is execution. This system requires a full-time trader or an EA running 24 hours a day to execute correctly.
System #1:
Chart: 10-point brick.
Stop loss: 20 pips + spread or 2 bricks of 10 pips + spread.
Buy: When a bullish brick closes higher than the previous bearish brick, a buy stop order is opened. Close the position when the opposite rule occurs.
Sell: Open a sell stop order when a bearish brick closes below the previous bullish brick. Close the position when the opposite rule occurs.
What do you think?
example:
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