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Goldflight's RENKO strategy

author EAcpu | 2 reads | 0 comments |
Hello everyone,
This is another brick-shaped system I've been working on for a few weeks. I've changed it several times until I came up with a simple system that seems to work well. There's a lot of room for improvement, so any input would be greatly appreciated.
First off, I don't remember where I got all the indie games and EA's from, or who programmed them. But I want to thank them for their hard work.

That's all you need.
5-block Renko chart
10 EMA (blue)
20 EMA (red)
PJ-over RSI 7-50-50
PJ-over RSI 14-50-50
Pivot Points on 1 Minute Charts
FIBS on the 1 minute chart
(Optional) Trailing Stop Loss EA

The bulls have closed above the 10 EMA, the 10 EMA is above the 20 EMA, and the PJ RSI 7 and 14 are in the green.
Short term - Close below 10 EMA, 10 EMA below 20 EMA, PJ RSI 7 and 14 in red

I set the Trailing EA on the 1 minute chart to 15 pips s/l, 100 pips t/p, 15 pips trailing stop, move to breakeven 15 pips and 2 pips lock.

I hope you see the potential in this system as I do.

Happy leather.
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