Renko + TMA slope + MACD Colored (Renko + TMA slope + MACD Colored)
Hello everyone. I started this post to show you my Renko trading style. I will use a live account and post trades later using charts. I will mainly be trading GBPNZD, GBPAUD, EURNZD, EURAUD (this is not a limitation of the system or trading style, this is how I feel and want to trade) Feel free to choose your currency pair and use the template to trade . If you have any questions please feel free to ask and I will reply as soon as I am online.
Wish you all good luck with your pipeline
Here is my set of indicators and templates.
Green box (opened in London), Silver box (opened in New York)
How to set up a Renko chart (mine is Renko 10 points)
1. Open the M1 chart.
2. Scroll the chart backward so that you have 2 months of historical data.
3. Now drag the "renkolivecharts_pimped_v4_13_600.ex4" EA onto the M1 chart.
4. Enter your desired RenkoBoxSize on the Input tab.
5. Click OK. Make sure the Expert Advisor on MT4 is turned on.
6. Now click on the File menu and select Open Offline.
7. Search for M2 from the list and double-click it.
8. This will open the Renko chart
Renko style 5 points (entry and exit rules are the same as the original Renko style). If you want to use this feature, set the Renko chart to 5 points.
According to this http://etfhq.com/blog/2013/01/15/gol...h-is-the-best/
and http://etfhq.com/blog/2013/02/26/macd-test-results/ I made a second template. Please feel free to test and share the results
SELL = EMA 13 is below EMA48, PA is below EMA 13, and the first candle has just crossed EMA 13 downwards, the slope must be red and show below -04, MACD must be below 0, MACD history must be red
Buy = EMA 13 is above EMA 48, PA is above EMA 13 and has just crossed EMA 13 up with the first candle, slope must be green and showing above 0.4, MACD must be above 0, MACD history must be blue
Wish you all good luck with your pipeline
Here is my set of indicators and templates.
Green box (opened in London), Silver box (opened in New York)
How to set up a Renko chart (mine is Renko 10 points)
1. Open the M1 chart.
2. Scroll the chart backward so that you have 2 months of historical data.
3. Now drag the "renkolivecharts_pimped_v4_13_600.ex4" EA onto the M1 chart.
4. Enter your desired RenkoBoxSize on the Input tab.
5. Click OK. Make sure the Expert Advisor on MT4 is turned on.
6. Now click on the File menu and select Open Offline.
7. Search for M2 from the list and double-click it.
8. This will open the Renko chart
Insert video
Renko style 5 points (entry and exit rules are the same as the original Renko style). If you want to use this feature, set the Renko chart to 5 points.
According to this http://etfhq.com/blog/2013/01/15/gol...h-is-the-best/
and http://etfhq.com/blog/2013/02/26/macd-test-results/ I made a second template. Please feel free to test and share the results
SELL = EMA 13 is below EMA48, PA is below EMA 13, and the first candle has just crossed EMA 13 downwards, the slope must be red and show below -04, MACD must be below 0, MACD history must be red
Buy = EMA 13 is above EMA 48, PA is above EMA 13 and has just crossed EMA 13 up with the first candle, slope must be green and showing above 0.4, MACD must be above 0, MACD history must be blue
Attachment to original post (3)
📦 Summary of post attachments (23)
Below are all the files shared in the reply (23).
💡 Featured Recommendations
✍️ Latest by the author
- •
- •
- •
- •
- •
- •
📌 Popular topics
- •
- •
- •
- •
- •
- •
- •
- •
🔗 You May Be Interested In
- •
- •
- •
- •
- •
- •