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

Sep 24, 2020 at 05:45
859 Views
9 Replies
Sep 24, 2020 at 05:45
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]:
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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
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#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.
Sep 25, 2020 at 05:10
my updated 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: 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.
Nov 23, 2020 at 05:18
I think you have a nice trading plan. Make sure that you stick to it for extra benefits.
Biedrs kopš   11 ieraksti
Nov 28, 2020 at 15:22
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.
Biedrs kopš   18 ieraksti
Dec 09, 2020 at 10:01
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.
Biedrs kopš   341 ieraksti
Dec 21, 2020 at 21:07
Scalping is the most profitable strategy for new traders. But they have to gather all the knowledge about scalping.
Biedrs kopš   31 ieraksti
Dec 25, 2020 at 08:21
You're doing a good job of keeping your job under serious control .....
good luck...
Biedrs kopš   19 ieraksti
Dec 28, 2020 at 04:50
You seem to have a pretty good knowledge about this and you can keep using some strategies to improve your trading style. Good luck.
Oct 04, 2021 at 16:23
Have you tried? Can you show the result?
Oct 04, 2021 at 17:52
I am going to test your 1st plan. Let’s see what happens.
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