Forex Online Trading University Forex Strategies – Forex Resources – Forex Trading-free forex trading signals and FX Forecast
High accuracy Forex FIJI TREND Scalping and Swing Trading System – It’s a very easy ...
Read More »
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
