Short Story

This is a Highly Profitable RenkoMaker PRo Trading System . We are looking to crowd fund the development of this EA so that it can be made available to the people participating in the project. This would enable the EA to be provided at an affordable to cost to the clients who decide to be part of this crowd funding enabled project.

Lets’ make it possible.

If you have an idea for a forex robot and would like it to be made available at an affordable price then please send us the details here.

Highly Profitable RenkoMaker PRo Trading System Forex Robot

by GoTrade4Me

  • $130.00

    Funding Goal
  • $0.00

    Funds Raised
  • 0

    Days to go
  • Target Goal

    Campaign End Method
Raised Percent :
0%
Minimum amount is $5 Maximum amount is $130
$
Worldwide, United States (US)

GoTrade4Me

4 Campaigns | 0 Loved campaigns

See full bio

Campaign Story

The RenkoMaker Pro Trading System is a simple but very effective trading system to Trade Forex successfully and consistently.

This RenkoMaker Confirm Trading System is based on a Renko Chart that predicts the forming micro trends amazing accuracy ( higher degree of probability).

This RenkoMaker Trading System puts in use a combination of a custom trading indicator + micro trend indicator + price action false signals filter.

The RenkoMaker Pro indicator system will print a color arrow to indicate the trend on the chart.

This system has an unbelievable accuracy of above 90+% if all the directions as per the system are followed.

Renko Tading System

Buy Entry Rules for RenkoMaker

When Trend of Time Frame H1 MTF-TrendBar indicator is Green
And
Open a Buy Trade when color of both the indicators= Green

Close Order at the first opposite color of signal indicator

Sell Entry Rules for RenkoMaker

When Trend of Time Frame H1 MTF-TrendBar indicator is Red
And
Open a Sell Trade when color of both the indicators= Red

Close Order at the first opposite color of signal indicator

Take Profit and Stop Loss Levels can be set as fixed (in Pips) and then a trailing stop loss feature to move your stop loss automatically to guarantee a profitable trade.

When you see sideways market signed by flat candle movement it is recommended to NOT TRADE THE MARKET.

Are Renko charts good?

Renko charts are effective in identifying support and resistance levels since there is a lot less noise than a candlestick chart. When a strong trend forms, Renko traders may be able to ride that trend for a long time before even one brick in the opposite direction forms.

Which time frame is best for Renko chart?

While there is a time axis along the bottom of a Renko chart, there is no set time limit for how long a Renko box takes to form. It could take 2½ minutes, three hours, or eight days. It all depends on how volatile the pricing of the asset is and what brick size you set.

What is Renko strategy?

The Profitable Renko Strategy is designed to remove a lot of the market noise generated by the standard candlestick charts. By employing Renko charts we remove the time element and only focus on the price isolating the trend.

Does Renko paint?

Renko repaints! Don’t forget that regular time-based charts such as 1 minute, 15 minutes or 4H also “repaint” the same exact way. The currently forming bar or renko brick will constantly change its form until it has finished forming and only at that point, it should be analyzed

What is ATR in Renko Chart?

Average True Range (ATR) The ATR is used to filter out the normal noise or volatility of a financial instrument. The ATR method “automatically” determines a good brick size which calculates what the ATR value would be in a regular candlestick chart and then makes this value the brick size.

How do you size Renko bricks?

The basic principles of Renko chart building: The brick size is always the same. For example, if the size is 10 points, and the price has increased by 20, then 2 bricks will be drawn. If the price increases, the brick will be green (light), if the price falls — red (dark).

Who invented Renko charts?

Renko charts were invented by Japanese traders hundreds of years ago, They are named after renga, a Japanese word for“brick.” Renko charts represent price changes but ignore time and volume. How different are Renko from bar or candlestick charts? Bar or candlestick charts have two dimensions: price and time.

Reviews

There are no reviews yet.

Only logged in customers who have purchased this product may leave a review.