20# Renko Nitro momentum trading system

Renko chart with Cobra thv template

 

Submit by Buddy 02/08/2013

 

These are two Renko Trading Systems based on the template Cobra THV.

 

Installing the indicators, scripts and templates (ZIP.file)

Unzip the file

Close your MT-platform

 

Copy/past ALL the indicators by INDICATORS

Copy/past ALL the scripts by SCRIPTS

Copy/past ALL the templates by TEMPLATES

 

Re-open your MT-platform

 

For the "NITRO scalping System" setup :

 

Open "naked" M1 chart (currency pair of your choise)

Add the Renko Ashi-script to this chart

Click OK and accept "rescale BarRange" if you have a 5 digit broker

(don't change the settings)

Open Offline M2-chart (choosen currency pair)

Choose template "NITRO scalping"

 

For the "THV" setup :

 

Open "naked" M1 chart (same currency pair as for NITRO scalping)

Add the RenkLiveChart V1.6-script to this chart

Click OK, change Box Size to 50 and click OK

Open Offline M2-chart (choosen currency pair)

Choose template "THV Final"

 

Important note !

 

Every time you close your MT-platform or you loose internet connection,

re-insert both scripts on both the "naked" M1 charts

with the same instructions as for the first time.

In the pictures below Renko Trading System systemin action.

 

Renko Chart Nitro momentum and Cobra: Template, Indicators for Renko and scripts

Renko Nitro momentum scalping
Renko Nitro momentum scalping

Renko Chart Trading Systems

Renko Chart Trading Systems
Renko Chart Trading Systems
renko scalp nitro momentum.rar
compressed file archive 182.9 KB

Renko Chart Trading Systems: Scripts

Renko Chart Trading Systems: Scripts
Renko Chart Trading Systems
Scripts.rar
compressed file archive 4.4 KB

Renko Bars

Renko Bars
Renko Bars
s-Renko bars.rar
compressed file archive 13.8 KB
Renko Cobra THV final Template
Renko Cobra THV final Template

 

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Comments: 2
  • #1

    Holger (Friday, 13 May 2016 22:39)

    A usefull system !

  • #2

    tony (Monday, 12 December 2016 10:39)

    i cant load chart it freeze my mt4 platform can somebody help