58# Median Renko Scalper

HMA, VH, Half Trend Trading

Trend Following Strategy

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.

Median Renko Scalper with Antimartingale MM
Median Renko Scalper with Antimartingale MM

This is a winning forex strategy.

 

Im pictures Median Renko Scalper in action.

Median Renko Scalper
Median Renko Scalper
Median Renko Scalper
Median Renko Scalper
Median Renko Scalper
Median Renko Scalper
Median Renko Scalper
Median Renko Scalper

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

Median Renko Scalper
Median Renko Scalper.rar
compressed file archive 167.4 KB
Comments: 3
  • #3

    hazelj80 (Friday, 14 January 2022 16:14)

    A good tip for TP thats more accurate is to use the average hourly range for whichever session(s) you're trading. if average hourly range is 18 pips, make your TP 18 and so on etc

  • #2

    William (Tuesday, 11 January 2022 09:34)

    Looks like some strategy I've already seen on the web, called something like compound renko by vdubus... maybe I should give it a go.

  • #1

    Rufus (Sunday, 09 May 2021 07:22)

    This is a great strategy, thanks a the team of Forex Strategies Resources.

https://www.forexstrategiesresources.com/renko-chart.../33-renko-scalping/
Thumbnail image
33# Renko Scalping. Renko trading. Renko Scalping Strategy is forex system that using Renko Chart. Currency pairs: any. Box size 5 pips or higher. You can .
https://www.forexstrategiesresources.com/renko.../55-renko-10-pips-scalper/
Thumbnail image
Renko 10 pips scalper is a trading system based on median renko chart. The characteristic of this strategy is to be High frequency scalper, in other words it ...
https://www.forexstrategiesresources.com/renko-chart.../34-renko-crb-v-3/
Thumbnail image
Renko CRB V.3 free is a price action trading system based on renko chart.This system is for scalping but you can use also for swing.
https://www.forexstrategiesresources.com/renko-chart.../17-dewa-scalper/
Thumbnail image
Renko Trading System. Submit by Ketang 25/01/2013. DEWA SCALPER SIAPMENGHADAPIMARKET ALL. SEASON TERBUKTI PROFIT > 100 PIPS/ HARI,.
https://www.forexstrategiesresources.com/renko.../49-renko-scalping-with-xo /
Thumbnail image
Renko scalping trend strategy with megatrend. Submit by Morris. Renko scalping with XO is a trend following strategy for trading with renko chart. Trade only in ...
https://www.forexstrategiesresources.com/...ii/191-renko-scalp-for-binary/
Thumbnail image
5 Jun 2016 ... Renko Scalp is a trading system for scalping with renko chart that you can use also with Binary Options high/low with candle chart or bar chart.
https://www.forexstrategiesresources.com/renko.../38-renko-chart-350-pips-a -day/
Thumbnail image
26 Mar 2017 ... Renko chart 350+ pips a day is a trend-momentum retracement strategy created for Renko and Median Renko Chart.