Renko - ma/momentum trend catcher (Renko - ma/momentum trend catcher)
Hello everyone!
First of all, sorry for my bad English!
I started this thread to share a system I'm developing.
Using 2 MA and Momentum Indicator
The selling rules are shown in the figure.
Buying is the opposite.
This momentum setup is suitable for 10-point Renko and EURUSD.
Other pairings or brick boxes, we need to test the momentum setup.
First of all, sorry for my bad English!
I started this thread to share a system I'm developing.
Using 2 MA and Momentum Indicator
The selling rules are shown in the figure.
Buying is the opposite.
This momentum setup is suitable for 10-point Renko and EURUSD.
Other pairings or brick boxes, we need to test the momentum setup.
Attachment to original post (1)
Renko - ma/momentum trend catcher (Renko - ma/momentum trend catcher) Usage and filtering suggestions
Renko - ma/momentum trend catcher (Renko - ma/momentum trend catcher) is a resource related to foreign exchange indicators. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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