58# Median Renko Scalper

Submit by Janus Trader

Median Renko Scalper is a scalping and intrady strategy with mean renko chart based on trend following indicators. the main feature of the mean renko chart is that it reduces noise like traditional renko but is faster.

Renko Box size depends by currency pairs

3-4-5-6-7 pips box size (example GBP/USD 5-6 Box size- EUR/USD 3-4 box size, USD/JPY 4 box size, NZD/USD 4 box size, GBP/NZD 7-8 Box Size ecc).

Metatrader 4 Indicators

VH trend indicator

HMA V.2 moving average period 144, close.

Heiken Ashi indicator.

Half Trend Amplitude 2 perids.

Pivot Points Levels

Trading Rules Median Renko Scalper

Buy

HMA buy arrow

VH blue line

Half trend buy arrow.

Aggressive only also only two indicator in the same direction (only with high volatility for expert).

Sell

HMA sell arrow

VH red line

Half trend sell arrow.

Aggressive only also only two indicator in the same direction (only with high volatility for expert).

Exit position

Initial stop loss on the previous swing high/low.

Profit Target predefined or at opposite arrow.

This strategy is suitable for antimartingale compund posistion for exit in the picture an example.

This is a winning forex strategy.

Im pictures Median Renko Scalper in action.

Telegram Channel: https://t.me/freeforexresources