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Forex Renko Street STF Trading System and Strategy

High accuracy “Forex Renko Street STF Trading System and Strategy” – This is a HIGHLY PROFITABLE and 100% mechanical system that seeks to put you on the right side of the market most times.

  • Time Frame: M5 or higher
  • Currency Pairs: GBPUSD, EURUSD, GBPJPY, USDJPY, and USDCAD

 

MetaTrader Trading Indicators
  • RenkoStreet STF
  • RenkoStreet Alert
  • RenkoStreet Channel
  • RenkoStreet Trend
  • Commodity Channel Index
How to install “Renko Street STF system

  • Download “TraderVersity.Com-RenkoStreetSTF” (Zip/RAR File).
  • Copy mq4 and ex4 files to your Metatrader Directory …/experts/indicators/
  • Copy the “TraderVersity.Com-RenkoStreetSTF.tpl” file (template) to your Metatrader Directory …/templates /
  • Start or restart your Meta Trader Client.
  • Select Chart and Time frame where you want to test your Forex system.
  • Right-click on your trading chart and hover on “Template”.
  • Move right to select “TraderVersity.Com-RenkoStreetSTF” trading  system and strategy
  • You will see “Renko Street STF System” is available on your Chart

 

BUY Rules

  • RenkoStreet Channel: Lime circle (below the previous swing low)
  • RenkoStreet Trend: Lime bars
  • Commodity Channel Index line: Upward and above the level 50

 

SELL Rules

  • RenkoStreet Channel: Red circle (below the previous swing low)
  • RenkoStreet Trend: Red bars
  • Commodity Channel Index line: Downward and below the level -50

 

Trading NOTES
  • This “Forex Renko Street STF Trading System and Strategy” is a highly profitable 100% mechanical system that seeks to put you on the right side of the market most times.
  • Put the initial stop loss above or below the RenkoStreet Channel indicator
  • Best Risk Reward Ratio 1:2 or 1:3