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What are the best Renko trading plans and indictors for FOREX - Scalping\Day

mister_trader623 (mister_trader623)
Sep 24 2020 at 05:45
13 posts
Hi, Im a new Forex trader and was wonder what trading plans and indictors you follow traders use.

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My trading plan
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#Forex Algorithm[Renko Chart]:
---
1. ATR
2. Baseline Indicator: Ichimoku[baseline - only]
3. Volume Indicator: WAE_Ext
     Check $EVZ[under 8] - barchart.com
4. Confirmation Indicator #1: EMA(20)
5. Confirmation Indicator #2: WAE_Ext
6. Exit Indicator: looking
--
#Forex Strategy:
Traing Hours: M-F , 5am - 2pm (AZ Time)
trade style: day and scapling trading
Trend Finder Time Frame = MT4[H1] ---> Tradingview[M15]
Leverage: 50:1
Pairs to trade: see tha12.txt file
1.5 x ATR = Stop Loss ---> tailing stop
Risk only 2% per position

what do you thank?

Be more financially free then yesterday.
mister_trader623 (mister_trader623)
Sep 25 2020 at 05:10
13 posts
my updated plan:
========================
#Forex Algorithm[Renko Chart]:
---
1. ATR
2. Baseline Indicator: Ichimoku[baseline - only]
3. Volume Indicator: WAE_Ext
     Check $EVZ[under 8] - barchart.com
4. Confirmation Indicator #1: EMA(20)
5. Confirmation Indicator #2: WAE_Ext
6. Exit Indicator: Me
--
#Forex Strategy:
Traing Hours: M-F , 12am - 1pm (AZ Time) - London\New York Session
trade style: day and scapling trading
Trend Finder Time Frame = MT4[H1] ---> Tradingview[M5]
Leverage: 50:1
Pairs to trade: see tha12.txt file
1.5 x ATR = Stop Loss ---> tailing stop
Risk only 2% per position

Be more financially free then yesterday.
Tyronemings654
Nov 23 2020 at 05:18
15 posts
I think you have a nice trading plan. Make sure that you stick to it for extra benefits.

Raf995511
Nov 28 2020 at 15:22
4 posts
Wow, I think you're well prepared for work, and this is a good start, so full forward and achieve all the goals that are important to you.

Shelby10
Nov 28 2020 at 19:36
140 posts
to become a good trader in this market you have to gather all kinds of knowledge about trading and about the market.

NihadMunif
Dec 09 2020 at 10:01
13 posts
It's cool that you focus on all technical parameters.
Now the main thing is to learn how to cope with excitement and emotions, so that it really becomes the basis for effective work.

ElliotCooke
Dec 21 2020 at 21:07
341 posts
Scalping is the most profitable strategy for new traders. But they have to gather all the knowledge about scalping.

Grole
Dec 25 2020 at 08:21
22 posts
You're doing a good job of keeping your job under serious control .....
good luck...

Kroolsc
Dec 28 2020 at 04:50
19 posts
You seem to have a pretty good knowledge about this and you can keep using some strategies to improve your trading style. Good luck.

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