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Renko Street - accurate trading system based on Renko charts

Renko Street - accurate trading system based on Renko charts
Click to enlarge
Price: $88 $29
Availability: In Stock
Model: B019wsctnt
Manufacturer: vissionforex
Average Rating: 5 out of 5 Stars!

Renko Street Trading System is a very interesting trading system based on Renko charts. The strategy is easy to use (even a beginner will master), equipped with simple rules for installing Stop Loss and Take Profit. The system is devoid of repainting indicators and the number of false signals has been reduced due to Renko charts. Renko Street can be used to trade in any trading session, whether it be the London, New York or Asian sessions.

Characteristics of the Renko Street
  • Platform: Metatrader4
  • Currency pairs: EURUSD, GBPUSD, AUDUSD, USDJPY, USDCHF, USDCAD, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, GBPJPY, GBPCHF, NZDUSD, AUDCAD, AUDJPY, CHFJPY, AUDNZD, NZDJPY, EURNZD, CADCHF, CADJPY, NZDCHF
  • Trading Time: Around the clock
  • Timeframe: M2 (Renko chart, see video)
Trading rules

As I said before, Renko Street is built on the use of Renko charts. That gives it some advantages and reduces strong trading noises. What are these charts, you can read more in Investopedia. I will not quote here. Let me just say that, compared to traditional candlestick charts, Renko charts make the decision-making process much easier.

Before you install the template strategy to the chart, we need to do some preparation. Namely, prepare the chart and generate on it the Renko chart. This will help us EA RenkoLiveChart_v3.2, which comes with the system. The sequence of the system installation.

Renko-Street-accurate-trading-system-based-on-Renko-charts-3

BUY Signal:

  1. RenkoStreetMTF is green and shows an upward trend
  2. Price pushed off the RenkoStreet_Channel and a green dot appeared
  3. RenkoStreet_Trend is green

SELL Signal:

  1. RenkoStreetMTF is red and shows an downward trend
  2. Price pushed off the RenkoStreet_Channel and a red dot appeared
  3. RenkoStreet_Trend is red

Stop Loss (SL) and Take Profit (TP) set on the borders of the channel as shown in the images.

The author of the system proposes to additionally install the second Take Profit (TP2) and use trailing stop (Trailing Stop EA)

Remember, no matter how profitable and accurate the trading system, but the market is insidious. Therefore, always pre-test on a demo account.

In the archive RenkoStreet.rar:

  • RenkoLiveChart_v3.2.ex4
  • TrailingStop.ex4
  • RenkoStreet_channel.ex4
  • RenkoStreet_MTF.ex4
  • RenkoStreet_PV.ex4
  • RenkoStreet_TL.ex4
  • RenkoStreet_Trend.ex4
  • RenkoStreet.tpl
  • RenkoStreet+.tpl
  • RenkoStreet Manual.pdf
  • Trailing_Stop_Manual.pdf

Renko-Street-accurate-trading-system-based-on-Renko-charts-2


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Renko Street - accurate trading system based on Renko charts

Renko Street - accurate trading system based on Renko charts

Market Sales Price: $99


Serving Professional Traders Since 2008

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Once purchased I will email you the files within 20 minutes and not more than 48 hours to your email, if there a delay, please be patience receiving your files

Email Address: missionx77@yahoo.com

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