Renko Scalping Strategy


Renko Scalping Strategy is a Forex system which uses a Renko Chart.

 

Currency pairs: any

 

Box size: 5 pips or higher

 

 

BUY SIGNAL

 

1. RenkoScalp_Signal Alert Buy .

 

2. Stochastic crosses upward .

 

3. Another indicator or more are agree.

 

 

SELL Signal

 

1. RenkoScalp_Signal Alert SELL C

 

2. Stochastic crosses downward.

 

3. Another indicator or more are agree.

 

 

Exit position

 

Place your initial stop loss on the previous swing High/Low.

 

You should make profit with predetermined profit target or at the first opposite signal.