16# Renko Chart with Aizig Trading System

Renko Trend following Strategy

Submit by JamesUK 02/11/2012

 

Renk Size Box 5 or higher ( I set 10Box size).

Currency pairs:any.

 

Indicators:

Heiken Asci MA T3;

Aizig;

Semafor;

Buy:

When appear green arrow.

 

Sell:

When appears Red arrow.

 

Exit Position

1)When appears opposite arrow;

  1. Profit target 25-30 pips depends by Currency pairs and Box size (10 box size) and Stop loss 25 pips;

  2. Profit Target 35-45 pips depends by Currency pairs and Box size (20 box size) and stopo loss 35 pips;


4) Exit position on support and resistance.


In the picture Renko Chart with Azig forex system in action.

Renko with AIZIG

Share your opinion, can help everyone to understand the forex strategy.

Comments: 5
  • #5

    Phumlani (Thursday, 13 September 2018 12:04)

    Hi how can I set my traditional Renko bars to be fixed once they appear

  • #4

    Angel del Olmo (Sunday, 05 November 2017 16:06)

    Crazy repainting

  • #3

    dony (Tuesday, 31 March 2015 04:47)

    No example for sideways condition ?

  • #2

    cyberom (Thursday, 29 January 2015 21:33)

    Simple and i think profitable in the long term, thanks for the great share !
    template is nice

  • #1

    chuks (Friday, 06 June 2014 21:04)

    Thanks for the renko i like it.

    cheers.

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