34# Renko Chase V.3 free

Renko trading

Submit by Vincent 14/07/2016

 

Renko Chase V.3 free is a price action trading system based on renko chart.

This system is for scalping but you can use also for swing.

 

Renko box size 3-5 pips (for scalping): EUR/USD 3 pips, GBP/USD 3 pips, USD/CAD 3 pips, AUD/USD 2 pips, GBP/JPY 4 pips.

Metatrader indicators:

Moving average 3;

Moving average 5;

Heiken Ashi MA T3;

Dynamic Gains;

Forex Strategist Support and resistance;

Gold Miner 2;

Hirurgia 3.0 (optional);

Renko live chart indicator buil 600+;

Forex Entry point;

Dynamic bull Bear Band.

 

Trading rules Renko Chase V.3 free

 

Buy

Forex Entry point aqua bar;

Forex Strategist Support;

Dynamic arrow buy arrow;

MA3>MA5;

Gold Miner green bar.

 

Sell

Forex Entry point red bar;

Forex Strategist resistance;

Dynamic arrow sell arrow;

MA3<MA5;

Gold Miner red bar.

 

Exit position

Place initial stop loss on the previous swing

TP (7-12 pips dependes by currency pairs and renko box) or you can use alse the bands.

 

With this strategy to gain many pips.

In the pictures Renko Chase V.3 free in action.

Renko Chase V.3 free
Renko Chase V.3 free
Renko Chase V.3 free
Renko Chase V.3 free
renko chase v.3 free.rar
compressed file archive 85.1 KB

Write a comment

Comments: 2
  • #1

    ANAND (Sunday, 31 July 2016 13:56)

    Thankyou

  • #2

    Rhys (Saturday, 27 August 2016 23:58)

    Beware - the Forex Entry point bars repaint!