Renko trading using proven strategy

iHarvest Brick Strategy

Hello campers

Here's how I trade the RENKO mini-trend during the European morning session and the New York open. The system is very profitable and can be traded by most people with the required discipline.

rule:

1. Use visual confirmation to check that you have identified a trend. This can be done on H1 and 6-point Renko charts. See after the 13th
2. Find entries close to time (8am, 9am, 10am...13, 14, 15, 16)
3. Always place your stop loss below the last move and make sure your target price is greater than or equal to your stop loss
4. Try trading live micro lots so you can actually learn something…
5. Never pay for an EA because the only one who consistently makes money is the owner!

Overview of starting RENKO trading using the European session

This is a summary of this year using a small real account. Still doing lots of testing...see below for the latest and last updates.

Some videos from my Youtube....

Two sell transactions....


Renko symbol and brick size EURUSD 2 pips
GPY Japanese Yen 3 points
AUDCHF 3 points

12, 24, and 36 of MA are all indices
Heiken_Ashi 8,5
Trend MA 130
Guppy (standard setting)

To download all tools and indicators, visit my Renko Tools thread. Or here is my link to Google Drive. Don’t be confused by the name Titan Traders. I'm trading with a friend of mine (Stefan... he's a Swiss trader.. a real Swiss, not an import like me :-). Great guy, he uses some automated tools I developed for him to do the reversal. Everything is installed, plus a clean MT4 to choose from)

Posting is restricted due to the large number of highly intelligent entries...it confuses me and threatens my sanity.

The link below can be used to discuss the actual trades being made and is open to anyone who has a brain and decides to use it :-)
https://www.forexfactory.com/showthread.php?t=743756

The following is work in progress

The pattern that will display the alert in the GuppyCandlePattern indicator

1. WorldChange: When price moves from one side of Guppy to the other
2. Hook: three one up (only valid when the revolving candle stays inside the guppy)
3. Sprint (3 quick candles with very small volume)

=================== Last update due to my account being hacked by some asshole! ========
This month is a good test for medium-sized accounts. 50K is the starting balance. It went up to 85K, but as we all know, the market can absorb gains in minutes...

My final advice to everyone: stick to your money management plan. Let the winner run. Look at the statistics. Only 50% of all trades were profitable, but the average profit was 4 times my losses.

Trade with the trend...

I'm out of this state now