43# Renko Swing Super System
Super Renko Trading System
Winning system with renko chart
Submit by Mattias 07/2017
Renko Swing Super System is a trend following system for trading. The purpose of this forex system is to capture great movements. I think this system is good at doing this. Profitability is not high, but the reward risk is very high.
Box size 3 pips or higher, recommended box size is 5 - 6 pips.
The setting of this system is to trade only on renko chart.
Currency pairs: AUD/USD, GBP/USD, GBP/JPY, USD/CAD, EUR/NZD, GBP/NZD, AUD/JPY, USD/JPY. GBP/AUD, GBP/CAD
Metatrader Indicators
Renko color Bars, method 2 filter 5.
AFS period 31.
Scalp Cycle EMA 15 period, Stochastic 19 period.
Renko live chart (allow dLL imports)
Trading rules Renko Swing Super System
Buy
AFS buy arrow.
Renko color Bars white color.
Scalp Cycle white arrow.
Initial stop loss on the previous low swing.
Make profit at the next AFS opposite arrow.
Sell
AFS sell arrow.
Renko color Bars red color.
Scalp Cycle red arrow.
Initial stop loss on the previous high swing.
Make profit at the next AFS opposite arrow.
This is a winning system.
Only one trade with box size of 5-6 pips you can earn more than 300 pips.
In the lateral stages can generate losses that are all recovered with only 1 trade.
I have shared this forex strategy on this web site only because this is cult forex site that has shared all. I have learned on this site.
In the pictures Renko Swing Super System.
Share your opinion, can help everyone to understand the forex strategy.
Fabio (Wednesday, 07 November 2018 18:13)
Thanks for this great System, Mattias!
I have problems to receive alerts by email. Can you add Push alerts, to receive on our mobile?