Drop and Forget Renko Scalping System

Drop and Forget Renko Scalping System is a forex strategy for scalping. The strategy is based on renko chart and we can easily use this strategy.

Currency Pairs : Any
Renko Box : 1 Box = 4 – 5 pips

Metatrader Indicators :
NonLag ma nrp & mtf + alerts.ex4
HalfTrend-1.02.ex4
ay-donchian-channel.ex4
#Signal_Bars_v71.ex4
smC4Scalper Candles_v3.1.ex4
TMA+CG.ex4
Solar Winds joy – histo (no repaint with alert).ex4

Expert Advisor :
RenkoLiveChart_v3.2.ex4

Template :
Drop and Forget Renko Scalping System.tpl

Trading rules Drop and Forget Renko Scalping System :
Buy :
1. a cross appears Black (indicators TMA + CG)
2. appear blue arrows heading upward
3. Renko green box (indicators smC4Scalper Candles_v3.1)
4. Indicators NonLag ma nrp & mtf + alerts intersected from bottom to top
5. Solar Winds joy – histo (no repaint with alert) indicator is green
(for more details see in the picture below)

Drop and Forget Renko Scalping Sytem Buy

Buy

Sell :
1. a cross appears white (indicators TMA + CG)
2. appear red arrows heading downward
3. Renko red box (indicators smC4Scalper Candles_v3.1)
4. Indicators NonLag ma nrp & mtf + alerts intersected from top to bottom
5. Solar Winds joy – histo (no repaint with alert) indicator is red
(for more details see in the picture below)

Drop and Forget Renko Scalping Sytem Sell

Sell

Take Profit and Stop Loss :
Recommended take profit equal with renko box setup, for example renko the box using a 5 pips take profit 5 pips, stop loss recommended 6x Renko Box

Free Download Drop and Forget Renko Scalping System :

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