Trenko ( Trend Renko ) Strategy

Trenko ( Trend Renko ) Strategy

16 July 2016, 12:12
Leonardo Ciaccio
0
276

Why Trenko or Renko ? the answer is simple, to intercept the supports and resistances, look at these pictures and you will understand what I'm talking.
First, insert one EMA 120 for trend :

 

 

You see supports and resistance ? no ? ok, add Trenko (40) like this :

 

 

Now I see some supports, right ? but what happen if I remove all bars ? 

 

 

OMG but this is Renko :) ok now insert another Trenko(100) and .... : 

 

 Now I see all Supports and Resistances then I can decide if Buy or Sell , Enjoy ;)

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