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

Sep 24, 2020 at 05:45
Przeglądane 1,119
9 Replies
Uczestnik z Aug 24, 2020   17 postów
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.
Uczestnik z Aug 24, 2020   17 postów
Sep 25, 2020 at 05:10
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.
Uczestnik z Nov 09, 2020   13 postów
Nov 23, 2020 at 05:18
I think you have a nice trading plan. Make sure that you stick to it for extra benefits.
Uczestnik z Oct 15, 2020   10 postów
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.
Uczestnik z Dec 10, 2019   18 postów
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.
Uczestnik z Jul 20, 2020   278 postów
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.
Uczestnik z May 04, 2019   27 postów
Dec 25, 2020 at 08:21
You're doing a good job of keeping your job under serious control .....
good luck...
Uczestnik z Nov 17, 2020   15 postów
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.
Uczestnik z Jul 23, 2020   816 postów
Oct 04, 2021 at 16:23
Have you tried? Can you show the result?
Uczestnik z Jul 23, 2020   696 postów
Oct 04, 2021 at 17:52
I am going to test your 1st plan. Let’s see what happens.
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