Forex Renko Adaptive Trading System
Forex Renko Adaptive Trading System:
Time Frame 15 or higher.
Currency pairs:all.
Indicators:
Renko Adaptive indicator ( default),
Double CCI with SMA indicator,
3BP pullback pattern indicator.
Long Entry:
Arrow 3BP long confirmed by Adaptive Renko green and Double CCI Green and CCI>SMA.
Short Entry:
Arrow 3BP short confirmed by Adaptive Renko green and Double CCI Green and CCI<SMA.
Exit Position recommended with Profit Target fast.
Example:
1H Time Frame:
EUR/USD 16 pips, AUD/USD 14 pips, GBP/USD 18 pips, USD/CHF 16 pips, USD/CAD 16 pips.
Stop Loss on the previous swing.
In forex a trading strategy is a fixed plan that is designed to achieve a profitable return by going long or short in markets. The main reasons that a properly researched trading strategy helps are its verifiability, quantifiability, consistency, and objectivity.
For every trading strategy one needs to define assets to trade, entry/exit points and money management rules.
How to install Forex Renko Adaptive Trading System?
- Download Forex Renko Adaptive Trading System.zip
- Copy mq4 and ex4 files to your Metatrader Directory / experts / indicators /
- Copy tpl file (Template) to your Metatrader Directory / templates /
- Start or restart your Metatrader Client
- Select Chart and Timeframe where you want to test your forex strategy
- Load indicator on your chart
How to uninstall Forex Renko Adaptive Trading System?
To shut down an indicator, one has to remove it from the chart. At that, its drawing and recalculation of its values will stop. To remove an indicator from the chart, one has to execute its context menu commands of “Delete Indicator” or “Delete Indicator Window”, or the chart context menu command of “Indicators List – Delete”.
