626# Double Reversal Signals System

Renko Signals System

Submit by Jeff 17/02/2015


Double reversal Signals system is a strategy trending and reversal that you can use also with Renko chart.

Time frame h1 or 240 min.

Currency pairs majors (EUR/USD, GBPUSD, USD/CHF, AUD/JPY, AUD/USD, NZD/USD, NZD/JPY).

Setting for with renko chart:

Renko Box Size 10
Renko Box offset 0

M2 or M4


Metatrader Indicators:

Bulls Eyes (filter indicator);

Arrow indicator;

Reversal signal MTF;

Zig Zag indicator;

EA: Renko live chart 3.2


Trading rules Double Reversal Signals System


Long Entry

MTF Reversal Arrow o (Buy) filtered by green bar bulls eyes indicator.


Short Entry

MTF Reversal Arrow (Sell) filtered by red bar bulls eyes

indicator.


Exit at the opposite signal (arrow ). but is good a ratio 1.3 initialt stop loss.

With the renko chart there are the same rules but there is the advantage that the chart is more clean.

See examples Double Reversal Signals System in action.

Double Reversal Signals  System in actionwith renko chart.
Double Reversal Signals System in actionwith renko chart.
Double Reversal Signals  System EUR/USD 240 moin time frame.
Double Reversal Signals System EUR/USD 240 moin time frame.
Double Reversal Signals System.rar
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