23# Renko Trading System: THV Template

Submit by Mike Trader (source www.forexfactory.com) 23/11/2013

This Renko trading system, THV Template ,is inspired at the THV forex strategy.

For more informations how to install read pdf in attach.

Metatrader indicators

3 M indicator,

3 M v.1 indicator,

5 signal,

CCI indicator,

Complex indicator,

easy rider signals indicator,

FIM indicator,

Money flow Index indicator.

OSAMA MACD indicator,

Coral (price action indicator)

Stochastic indicator,

THV 3 and THV 4 Trix called indicator,

THV pivots leveles indicator,

Flat indicator,

Forex Factory Calendar.

Trading Rules for Renko trading system: THV Template

Long

1. Chart goes BLUE

2. PA is above Coral

3. PA is above Cloud

4. All block indicators are BLUE for first time

5. PA on M2 chart is above Coral and directon is UP

6. PA is NOT close to any important S & R line

7. NO news in next 15 minutes at least.

Short

1. Chart goes RED

2. PA is below Coral

3. PA is below Cloud

4. All block indicators are RED for first time

5. PA on M2 chart is below Coral and direction is DOWN

6. PA is NOT close to any important S & R line

7. NO news in next 15 minutes at least.

SETUP Renko chart trading on the Gold:

1. Open chart 1 min and apply the template Renko system Gold 2

2. Open chart m1 and apply template Renko System Gold 3

3. Open offline chart M2 for gold and DONT APPLY ANYTHING!

4. Open Offline chart M3 and apply template Renko System Gold

5. Trade and happy trading.

installation on MT4 Renko Chart

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Renko Briks

Renko Chart indicators

Renko Trading system THV Template

Renko Chart with solar Wind Joy