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Trading in trend with EMAs for Renko Chart

Trading in trend with EMAs for Renko Chart is a trend following strategy.
Currency pairs:any:
Box size 4 pips or higher.
Forex Indicators
50 EMA, close,
110 EMA close,
MACD (4,8,8)
Trading rules
Buy
Price is above EMAs for long.
50 EMA above 100 EMA,
Ideally for long entry is when the price pulls back on the EMAs and
MACD crosses above zero level.
Sell
Price is below EMAs for long.
50 EMA below 100 EMA
Ideally for long entry is when the price pulls back on the EMAs and
MACD crosses below zero level.
Place initial stop loss on previous swing high/low.
Profit Target is discretionary.
In the pictures Trading in trend with EMAs for Renko Chart.
Trading in trend with EMAs for Renko Chart

Trading in trend with EMAs for Renko Chart

Trading in trend with EMAs for Renko Chart
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
Trading in trend with EMAs for Renko Chart Reviewed by learn forex trading on June 18, 2017 Rating: 5

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