Easy to understand and spot strategy, seems like 2 candidates for this morning.

Scalping Techniques That Work

Discounts well scouted, poorly executed, awaiting next week's action.

Renko Easy Patterns

These patterns just repeat themselves. image Here the first engulfing pinbar came after the Bullish brick which btw was not supported by the MACD, giving room for recovery.

Renko Easy Patterns

Some observations. Seems when you are wrongly triggered you might just get an engulfing pinbar and get the opportunity to stop, reverse and win back some or all of what you lost

Renko Easy Patterns

I like it when I can get discounts, and the market gives discounts so I just cant trade Renko without wicks

Renko Easy Patterns

I switched to GBPUSD and moved up to 5 pips brick size and recovered some, I wasn't trading optimally. This morning I got to my charts late so the FO opportunities had eluded me but I still caught some pips

Renko Easy Patterns

Yesterday's whooping made me quit the 2.5 bricks setup completely and move to 5 pips brick once more, I now have to deal with a larger SL placement, fewer signals per session but it attracts a better win rate. image You can see how that all those ...

Renko Easy Patterns

After the choppiness came some structure image Even today is a calmer day image

Renko Easy Patterns

Alas no it was not sustained the following day. image Had I waited and traded through the DD and the pain all the losses would have been recovered and then some on top of it.

Renko Easy Patterns

Had a little slice out of a mighty large pie on the 2.5 bricks setup and I was pleased, would it always be as easy as this?

Renko Easy Patterns

My lil' contribution to this wonderful thread

MT5 Indicators and EAs

Thanks so much for sharing I actually thought it was an MT5 indicator.

MT5 Indicators and EAs

Kindly indulge me, what is the histogram Indicator in the second sub window, and could you please share it if possible?

MT5 Indicators and EAs

I found that the KT MT5 generator has a limit of 99,999 points and I needed higher (for Volatility Index trading) what is the limit of the FX Dreema generator?

Renko Mt5 trading

Seems the patterns never stop showing up

Renko Easy Patterns

Looks good

Renko Easy Patterns

A little breakdown of the 22nd chart. The higher brick chart shows that the Bulls were in control till the 75% mark meaning every bullish signal till that time had a higher probability of winning. The beauty of the 5 minute chart is the MAs act as ...

Renko Easy Patterns

The different sets of MACDs complement each other, anyone that gives the signal first is okay anyone can give divergence signal even the Stochastics. The arrows are crossings of the Stochastics in O/B or O/S. I had so liked the 10/2.5 combo because ...

Renko Easy Patterns

I added Hutch's MACD settings as an additional filter and a simple Stochastic indicator. Some days if you just followed the pullback/resumption brick in line with the higher brick chart, you'd be injury free.

Renko Easy Patterns

I decided to dust up my Renko trading again after some time away, I added to my template and came up whit this.

Renko Easy Patterns