9# 6-12 EMA's Renko Trading System

Renko 6-12 EMA's System
Hello everybody,
I have this idea, is a 
Renko System with a great potential just need some fine tuning.
So I need your help.

These two files need to go into “experts” folder, both are EAs
-
RenkoLiveChart_v3.2 
-
EMA_6_12_with_SL

 

Template:
Renko 6-12 needs to go into “Templates” folder
Settings for EAs see pics.
A lot of work needs to be done.
First we need to add a CCI filter period 24 to “EMA_6_12_with_SL EA” 
so it can only open long position when 12EMA cross below 6EMA and CCI is 90 or over 
Open short positions when 12EMA cross above 6EMA and CCI -90 or lower.
This is to avoid a lot of false entries.

 


Second we need to do some back testing, and try different settings– there is very  little info on back testing Renko Charts

 

In the pictures 6-12 EMA's Renko forex system in action.

Renko 12-6 Ema's
Trading System
Renko 6-12-EMAs System.rar
compressed file archive 143.0 KB

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

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