Renko Street - accurate trading system based on Renko charts
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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.
BUY Signal:
- RenkoStreetMTF is green and shows an upward trend
- Price pushed off the RenkoStreet_Channel and a green dot appeared
- RenkoStreet_Trend is green
SELL Signal:
- RenkoStreetMTF is red and shows an downward trend
- Price pushed off the RenkoStreet_Channel and a red dot appeared
- 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
Delivery to your PayPal email address within 24 Hours of payment confirmation.
Completing units:
Renko Street - accurate trading system based on Renko charts
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Market Sales Price: $599,but we sell lot more lower than that to share the opportunity with you!
Our Policies
A. Product Quality
- We ensure that the quality of the course is good, and we update them regularly to help you keep update.
- If there is a problem you can not use, please let us know so we can fix it soon or if there is any notification, we will inform you immediately.
B. Shipping Method
- After receiving your payment, we will send you a link to access and download the course. If our team is not in the office, please wait for us about 8 hours to come back.
C. Refund Policy
We do not accept refund after you got the link and download the course.
We will refund your money in case of:
- Item is not as described
- Item doesn’t work the way it should
- Item support extension can’t used
Serving Professional Traders Since 2008
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