Easy Renko Strategy (ERS) - MT4/MT5 Resources
Hi, I wanted to show you the strategy I'm using! It's based on Renko charts!
Basic knowledge:
Sell/Buy When a color change occurs you open a position in that direction, set your SL 3bricks and then close the trade when another color change occurs! You can also enter this deal immediately!
If your SL is hit, take position with 3 bricks of SL in the other direction! When we are at +1brick, our SL is 2bricks (or reverse bricks)
Basically this is what I do and I think it might give me some ideas!
I was wondering if anyone could do the backtesting for me since this is hard for me to do...
If someone can make an EA, that would be great!
Basic knowledge:
Sell/Buy When a color change occurs you open a position in that direction, set your SL 3bricks and then close the trade when another color change occurs! You can also enter this deal immediately!
If your SL is hit, take position with 3 bricks of SL in the other direction! When we are at +1brick, our SL is 2bricks (or reverse bricks)
Basically this is what I do and I think it might give me some ideas!
I was wondering if anyone could do the backtesting for me since this is hard for me to do...
If someone can make an EA, that would be great!
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