191# Renko Scalp for Binary
Renko Chart Trading
Submit by Alexander 05/06/2016
Renko Scalp is a trading system for scalping with renko chart that you can use also with Binary Options high/low with candle chart or bar chart. This forex strategy MT4 is trend-momentum.
Time frame 1 min or 5 min.
Financial markets: any.
Expiry time 1 candles for 5 min time frame;
expiry time 1-5 candles for 1 min time frame.
Metatrader indicators:
Renko scalp SMF;
Renko Scalp Dot RNP;
Bands,
RSI filter 2 period;
Renko Scalp MS alert;
MBFX Time;
Impuls indicator.
All indicators do not repaint.
Rules Renko Scalp for Binary
Trades only in the direction of the trend.
All indicators are agree.
Call
Impuls blue bar.
MBFX blue line.
Renko Scalp MS alert blue bar.
RSI filter Bbue bar.
Put
Impuls red bar.
MBFX red line.
Renko Scalp MS alert red bar.
RSI filter red bar.
In the pictures Renko Scalp for Binary in action.
Share your opinion, can help everyone to understand the forex strategy
Write a comment
Godfrey (Saturday, 13 October 2018 19:03)
nice man
William (Tuesday, 23 June 2020 11:36)
Sounds nice... No S/L in it? I mean, Loss is just the difference of price between entry and expiration, right?