EMAs and Momentum with Renko Chart is a
trend-momentum strategy designed for Renko Chart.
Box size 4 pips or higher.
Currency pairs: majors.
Forex Indicators:
10 EMA close,
15 EMA close,
RSI (16 period) with 55 and 45
leveles.
Stochastic oscillator (10, 5,5).
Trading rules
Buy
Price above EMAs.
10 EMA above 15
EMA.
Stochastic crosses
upward.
RSI above 55
level.
Sell
Price above EMAs.
10 EMA above 15
EMA.
Stochastic crosses
upward.
RSI above 55
level.
Exit is
discretionary.
Below
the link for download the indicator renko live chart 600
MT4 for build renko chart.
https://drive.google.com/file/d/0Bwjv2Pbf48iteHZvZmhiMl9wbVk/view?usp=sharing
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