This is common sense, because “Trend is your friend.” And the MTF TrendBar indicator, which is located in the upper right corner, will help us understand the direction of the trend: Take Profit (Closed) – when the first opposite color appears after closing the current candle.ĭevelopers recommend opening deals only in the direction of the trend. SELL -when both indicators (Signal and Confirmation) are colored red (after closing the candle) The RenkoLiveChart_v3.2 EA is attached in the archive with the system (you can download it at the bottom of this post).Ĭonfirmation Indicator (RenkoMaker_Confirm.ex4)īUY – when both indicators (Signal and Confirmation) are colored green (after closing the candle)

In addition, you can use the Manual to assist in the installation. Installing Renko Maker Pro is similar, just use the RenkoMaker Pro.tpl template. The video shows the installation for Renko Street Trading System. For those who do not know how to do this, watch this video and do the same

The system is installed on Renko charts, so you must first prepare a chart. Currency pairs: Any currency pairs, recommended major.This trading strategy is already quite old, but today it is able to make a profit on the condition of reasonable trading and when all recommendations are followedĬharacteristics of the Renko Maker Pro Trading System The system is designed for Renko charts and is based on only three indicators. Renko Maker Pro Trading System is able to bring up to 1500+ pips (!!!) profit according to the developers.

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