27# Renko Buy - Sell
Buy -Sell Trading
Submit by Louis 21/07/2014
Renko Buy Sell is an forex trading system reversal-trend adapted for renko Chart.
Currency pairs:EuR/USD GBP/USD, EUR/JPY, GBP/JPY and other.
Metatrader indicators:
Fibonacci daily;
FS30 1;
Buy- Sell alerts;
Buy Sell SW;
Gold 999;
Triangular MA Band;
EA Renko live chart.
Renko Box from 5 pips.
Rules for Renko Buy - Sell
There are 2 trading setups rules
1. retracement trade (fast trade more aggresive).
When large dots say down (yellow or red) and smaller dots turn from up to down (magenta);
you can then sell and exit at either next aqua or blue dot
vice versa for buys (gold or red large dots) smaller dots from don to up (aqua) exit at next magenta or blue dot
2 trend change when both when smaller dots say down and then larger dots say down
vise versa for buy
To see picture for Renko Buy – Sell in action.
Renko trading Buy - Sell
Lizelle (Sunday, 17 November 2019 18:24)
No indicator is perfect. That is way it is called an indicator. It is not repainting it based on price action. Huge difference. You've got a much better chance of making decent pips from price action trading indicators than lagging indicators. Decide which one works best. No indicator can predict 100% market movement.
lucy (Wednesday, 25 September 2019 18:58)
can anyone tell me how to install these and add on meta trader 5 i am new to metatrader. i was using trading view first .which was simple
Rupert (Thursday, 08 December 2016 22:30)
This is a strategy price action SR , based also on repaint indicators.
Repaints indicators confirm hypothetically a movement.
Zakir C (Thursday, 08 December 2016 16:04)
It's heavily repaints and so this scrap should remove from this site.
Alex (Thursday, 08 September 2016 11:55)
Unfortunately it totaly repaint indicator !!!
hassan shahzad (Tuesday, 19 July 2016 06:09)
Double arrows not coming to the chart..i tried every way..Dont know whats wrong..or the indicator is missing
hassan shahzad (Friday, 17 June 2016 06:37)
i think double arrows repaints
jabir (Friday, 08 April 2016 16:21)
heavily repaints.
RR (Tuesday, 28 October 2014 08:19)
sir does it Repaint please answer sir?
David (Wednesday, 23 July 2014 09:18)
Interesting..
Does it repaint pls?