26# Renko Chart Trading System: DSS with Extreme TMA
Renko System Double Stochastic with TMA line
Submit by Mike Trader 22/02/2014
Renko Chart Trading System: Dss with extreme TMA line is a forex strategy trend following.
1) Open M1 chart, disable autoscroll, zoom out max, scroll back with "Home" key as far as it goes.
2) Reenable autoscolling.
3) Add RenkoLiveChart to M1, set whatever box size you fancy.
4) Open offline chart (M2 or whatever you set in the Renko EA) for the same currency.5) 5)Apply template DSS with extremeTMA line to M2 chart.
Box Size setting:
Scalping 4-5 pips;
Intraday 6-10 pips;
Swing trading 11-20 pips
Metatrader Indicators:
DSS Bressert (Double Stochasic Indicator)
Extreme TMA line indicator.
Rules forRenko Chart Trading System: Dss with extreme TMA line
Extreme TMA Line determine the trend
Long Entry
Extreme TMA line most slope up for long trades;
Renko bars or also range bars must close belowe the Extreme TMA line;
DSS Bressert ( double stochastic indicator) green dot below 50 line.
Short Entry
Extreme TMA line most slope down for short trades;
Renko bars or also range bars must close abpve the Extreme TMA line;
DSS Bressert ( double stochastic indicator) red dot above 50 line.
In the pictures Renko Chart Trading System: Dss with extreme TMA line in action
renko chart trading
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