High accuracy “Forex Renko Street RSI Trading system and Strategy” – Renko Street RSI Trading Strategy is a trend reversal system based on the super channel price action indicator.
Trading NOTES
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- Use a demo account or a small live account first to practice this trading system
This system is designed for Renko chart but you can use also without Renko chart at the higher time frame.
- Time Frame: H4 or higher
- Currency Pairs: GBPUSD, EURUSD, USDJPY, AUDUSD, and USDCAD
MetaTrader Trading Indicators
- Renko Street Alert
- Renko Street STF
- Renko Street Channel
- 4X 2010 Forex Power
- Brilliant News Manager
- Renko Street Trend
- Relative Strength Index
- THV Trix
- VB Timer
- s-Stoch Trend
BUY Rules
- All lines on the bottom and change the color from red to green
- Make a BUY order when RSI (8) above the level 55 line
SELL Rules
- All lines on the top and change the color from green to red or orange.
- Make a SELL order when RSI (8) below the level 45 line