There are simply 2 indicators, however appears how powerfull!
I simply utilizing this 2 indicators Fast3MA and Renkostreet_channel
Worth channel repaint but it surely doesnt matter. It primarily based on value motion excessive and low, and if H/L received break its simply reapint. For renko chart that is powerfull stuff. We’d like bounce of channel and react for quick EMA.
Its could be good if someone, for instance MathTrader7 who may be very good programmed would make EA for it.
Easy guidelines = React value for top low of channel = bounce and shut under of EMA for promote or above ema for BUY
We will filtr for higher entry in 200 EMA course.
STOP LOSS in final excessive or low of channel, we exit, when candle shut above or under EMA in other way.
Edit. I add additionally mql model of channel – right here not dot however arrow, however its identical. Mql code only for programmers
Edit2: Right here extra clearly guidelines
- Look forward to bounce from channel
- Candle reversal shut under EMA for Promote, candle reversal above ema for purchase
- We exit solely when candle shut above or under EMA. Like in instance in 3post
Candle want shut!