Trading and training
video (from youtube for example) about forex and financial market in
Please upload forex video you consider as interesting one. No direct advertising and no offtopic please.
Safe Automatic is a safe MetaТrader 5 trading robot working autonomously on a VPS server. The good results are achieved on EURUSD.
The EA applies modified versions of a trend-following strategy, half-pyramiding, scalping, Elliott Wave method and speculating trading with a deposit protection. The EA switches the strategies automatically. The program also takes the news calendar into account: the robot does not enter the market in a 10-minute interval before and after a news rel
Fast Copy MT5 allows to copy trades between different MetaTrader 5 (netting)(hedge) and MetaTrader 4 accounts in any direction and amount, quickly and easily (without loading the system).
Any type of copying is available
MT5 —> MT5 MT5 —> MT4 MT4 —> MT5 MT4 —> MT4
* For any interaction with the MT4, it is necessary to additionally install Fast Copy MT4
One tool for sending and receiving transactions: [master] > [slave] operation mode can be selected in
Does not support hedging orders on a single symbol on MT5
MultiMTCopier MT5Receiver - new and improved multi-terminal positions copier for your real/demo account, works faster, requires less, flexible in managing and upgrading, new information support. This Expert Advisor is designed for the MetaTrader 5 terminal, trades will be copied into this terminal.
The EA will copy all positions without delays Additionally integrated notification in situations requiring user attention
The most profitable trend traders are the ones who know how to recognize not only the market trend, but also the trading opportunities that arise once a trend has been established. The Pz Trend Trading indicator has been designed to profit has much as possible from trends taking place in the maket.
Established trends offer dozens of trading opportunities, but most trend trading indicators neglect them completely, and leave the trader completely uninformed about what the market is doing during a
Does not support hedging orders on a single symbol on MT5
MultiMTCopier MT5Source - new and improved multi-terminal positions copier for your real / demo account, works faster, requires less, flexible in managing and upgrading, new information support. This expert is designed for terminal MetaTrader5 from which the position will be copied.
The EA will copy all positions without delays Additionally integrated notification in situations requiring user attention Buttons for re
Auto Trade Copier is designed to copy trades between multi MetaTrader 5 accounts/terminals with 100% accuracy.
With this tool, you can act as either a provider (source) or a receiver (destination). All trading actions will be copied from the provider to the receiver with no delay.
Note: Demo version for testing can be downloaded at: https://www.mql5.com/en/market/product/5006.
Followings are highlight features:
Switch between Provider or Receiver role within one tool.One provider can copy tr
The script creates account summary report in a separate window.
The report can be created for all deals and on deals for selected financial instruments.
It is possible to specify a time interval of calculation and save report to htm-file.
The script creates account summary report in a separate window.
The report can be created for all deals and for deals of the selected financial instruments.
It is possible to specify a time interval of calculation and save report to htm-file.
qAutoActivation indicator is one of the main components of Trading Chaos Expert trading expert panel. The indicator displays the current trend on the current timeframe. This is the first indicator that is attached to the chart and saved in the trading complex template. It defines what trading signals from the expert panel should be automated for market entry (bullish or bearish ones).
When the trend changes, the indicator changes the line color and, at the same time, highlights the trading pane
VirtualTradePad - is a contol panel for working with orders in МetaТrader 5 : buy, sell, buystop, buylimit, sellstop, selllimit, close, delete, modify, tralling stop.
VirtualTradePad won 2nd prize in the "Best Control Panel in the MQL5 Language" Contest.
The panel consists of 5 tabs.
VirtualTradePad PositionsStyle VirtualTradePad Ordersstyle VirtualTradePad SignalsStyleDemo version of the panel - VirtualTradePad LiteProfit or Loss PadINFO PadYou can also try this panel for
This indicator allows you to enjoy the two most popular products for analyzing request volumes and market deals at a favorable price:
Actual Depth of Market Chart Actual Tick Footprint Volume ChartThis product combines the power of both indicators and is provided as a single file.
The functionality of Actual COMBO Depth of Market AND Tick Volume Chart is fully identical to the original indicators. You will enjoy the power of these two products combined into the single super-indicator!
Take a look at the market in a new way! This is the newest trading method worthy of your attention!
Tired of catching the market movements? TTT FXnew is an essential tool for trend followers. This is a unique breakout indicator that automatically plots new trend lines every day forming blue and red triangles using OCHL values of the previous day. A market entry is performed when the price exits the triangles through the dotted line. If the yellow line crosses the red one after opening of the da
The script is intended for automatic placing of Sell Stop pending orders, Stop Losses and Take Profits on the user specified levels. This script is not that useful as "Virtual pending buy stop", since short positions are opened as Bid price crosses the levels. Thus spread widening is not dangerous. Nevertheless, you need to have this script to prevent unwanted hitting of the Stop Loss levels.
Automation of the process of placing the Sell Stop pending orders, Stop Losses and T
Exp COPYLOT CLIENT for MT5 is a copier for the МetaТrader 5 platform. It copies forex trades from any accounts. Including those from terminals МТ5 and МТ4.
Install the Expert Advisor in the terminal where you want to copy trades. Specify any text label name as pathRead, for example, "COPY". This should match the master terminal (to bind the two terminals). To copy trades, you need to install the free Master copier in the terminal from where you want to copy the trades: COPYLOT
The indicator displays divergence for any custom indicator. You only need to specify the indicator name; DeMarker is used by default.
Additionally, you can opt for smoothing of values of the selected indicator and set levels whose crossing will trigger an alert. The custom indicator must be compiled (a file with ex5 extension) and located under MQL5/Indicators of the client terminal or in one of the subdirectories. It uses the zero buffer of the specified indicator with default parameters.
We present you an effective software solution for arbitrage between brokers.
The Arbitrage on the market became widespread due to decentralization. There are many liquidity providers, whose quotes differ for various reasons. By tracking the dynamics of changes in the quotes of different brokers, it is possible to determine the delayed and leading brokers, thereby predicting the future prices of the delayed broker for a short time. Knowing these prices and using efficient built-in software filte
Main Pivots is an indicator which looks for pivots points on preset intervals (days, weeks, months, years, etc.). Then all extreme points are checked for splice and consistent support and resistance lines are formed. These lines are useful for detecting the best pivot points.
It finds a pair of pivot lines for each interval which correspond to Low (support line) and High (resistance line) of the price movement on the interval. Difference between these lines represemt the price movement for the
The indicator determines the inside bar and marks its High/Low. It is plotted based on the closed candles (does not redraw). The identified inside bar can be displayed on the smaller periods. You may set a higher period (to search for the inside bar) and analyze on a smaller one. Also you can see the levels for Mother bar.
Period to find Inside Bar — the period to search for the inside bar. If a specific period is set, the search will be performed in that period. Al
If you want something as below:
Sell FOREX trading signal. Manage multiple accounts. Follow the trading from somebody."TradeCopier_follow" and "TradeCopier_source" can help you!
Copying from one source (master) account to multiple follower (slave) accounts. Allow investor (read only) password for the source (master) account. There are no complicated settings and input parameters, everything is easy. Works with different Brokers. Works with different symbols (EURUSD_FX, e
A script for opening a grid of orders
If you need to quickly open several pending orders (Buy Limit, Sell Limit, Buy Stop, Sell Stop) on a certain distance from the current price, this script will do all the routine for you! Allow AutoTrading before running the script.
Run the script on a chart.
Language of messages displayed (EN, RU, DE, FR, ES) - language of the output messages (English, Russian, German, French, Spanish). Price for open - open price. If set to
Market Profile defines a number of day types that can help the trader to determine market behaviour. A key feature is the Value Area, representing the range of price action where 70% of trading took place. Understanding the Value Area can give traders valuable insight into market direction and establish the higher odds trade. It is an excellent addition to any system you may be using.
Blahtech Limited presents their Market Profile indicator for the MetaTrader community. Inspired by Jim Dalton’s
The Expert Advisor implements the classic "triangular arbitrage", which is successfully used by hedge funds.
"Triangular" arbitrage refers to a class of neutral-market strategies, in which the profit or loss of open positions does not depend on the direction of the market movement as a whole.
In order to take profit, the EA exploits a weak spot of market makers - it utilizes the difficulty of balancing cross rates of all currency pairs.
The advantages of the strategy are the following:
The fractal analysis of the markets is used in the indicator operation algorithm. According to the fractals theory, after the breakthrough of the fractal level confirmed by the closing price located below or above the fractal, the trend wave in the direction of the breakthrough starts to develop. Until the fractal has been passed in the opposite direction, the trend is considered to be acting even if the price is flat or moves backwards. If a bullish fractal has been previously broken through on
Trade Copier Pro is a powerful tool to copy trade remotely between multiple accounts at different locations over internet. This is an ideal solution for signal provider, who want to share his trade with the others globally on his own rules. One provider can copy trades to multiple receivers and one receiver can get trade from multiple providers as well. The provider can even set the subscription expiry for each receiver, so that receiver will not be able to receive the signal after that
The script allows users to easily close positions if their profit/loss reaches or exceeds a value specified in pips.
Please set slippage value first. Sometimes some positions do not close due to high volatility of the market. Please set larger slippage or restart the script.
If you want something as below:
Sell FOREX trading signal. Manage multiple accounts. Follow somebody's trading."TradeCopier_source" and "TradeCopier_follow" can help you!
Copying from one source (master) account to multiple follower (slave) accounts. Allow investor (read only) password for the source (master) account. There are no complicated settings and input parameters, everything is easy. Works with different Brokers. Works with different symbols (EURUSD_FX, eurusd_m
Using the width between the Bollinger Bands called BandWidth, this system finds times of low volatility also known as a squeeze. It is called a squeeze because as the bands compress, they tend to expand again into higher volatility and the price can trend along the upper or lower band. This system finds low volatility and enters a new position when the price moves to the upper or lower Bollinger Bands.
The SMA used to create the Bollinger Bands is used as a trailing exit. After the price follow
COSMOS4U Volume indicator facilitates your trade decisions. It gives confirmation of the running movement and market trends. It highlights current and past accumulation and distribution volumes, comparing them to moving average volume and the highest volume. In addition, it identifies and marks nuances as well as convergence and divergence patterns of bears and bulls in order to provide the market trend and price ranges.
The supported features are as follows:
Fast Volume Moving Average Slow
The indicator represents an additional chart window with a lower time frame where bars are combined into groups that are equivalent in time to main chart time frame. Bars are synchronized by the right hand side of the window, i.e. the time of the last bar in the main window corresponds to the time of the last bar group in the additional window. The maximum number of groups is 16; the maximum number of bars combined into groups in the additional window is 256. Limitations on the numbers are requi
Averager is intended for averaging your deals that has had a drawdown or had gone against the trend.
An example of operation of the averager in an Exeprt Advisor in the MetaTrader 5 terminal: Exp - TickSniper. The system is identical to the averaging system created for MetaTrader 4. A demo version of the averager for MetaTrader 5: Averager DEMO.Note: this is not an automated trading system (the EA doesn't work in the strategy tester). It monitors your deals and averages them in case o
The script is intended for automatic placing of Buy Stop pending orders, Stop Losses and Take Profits on the user specified levels.
Avoiding unwanted entering a long position in case of false hitting the level as a result of widening of the spread by a dealing center. Avoiding unwanted triggering of a Stop Loss in case a quote pierces a significant level (fractal) without further confirmation with the close price. Setting a necessary virtual order and entering the market in
Ichimoku - Advanced Ichimoku Strategies Additional Criteria
The Key Reversal - Part 7 of a video series discussing short term price bar reversals such as the bearish rejection, the bullish rejection, the open close reversal, the closing price reversal, the hook reversal, the key reversal, the island reversal and the pivot point reversal.
31. How to trade support/resistance bounce in Forex
Forum on trading, automated trading systems and testing trading strategies
Indicators: Support and Resistance
newdigital, 2013.09.23 10:15
Support and Resistance Technical Indicator
Support and Resistance is one of the widely used
concepts in Forex trading. Most traders plot horizontal lines to show
support levels and resistance levels.
There is also an indicator used to plot Support levels automatically and indicate the resistance and support levels.
When it comes to these levels price can either bounce off these levels or break these levels.
If a resistance level is broken price will move higher and the resistance level will turn to a support.
If a support level is broken price will move lower and the support level will turn to a resistance.
Price where the majority of investors believe that
prices will move higher, while resistance levels indicate the price at
which a majority of investors feel prices will move lower.
Once price has broken through a support level or a
resistance level then it is likely that the price will continue moving
in that particular direction until it gets to the next support or
The more often a support or resistance level is
tested or is touched by the price and bounces, the more major that
particular support level or resistance level becomes.
These levels are calculated a trend lines method.
In an upward trend the resistance and support will generally head upwards
In a downward trend the resistance and support will generally head downwards
5. As a trained clinical psychologist, Gary understands the immense importance of maintaining the proper mindset when trading. He advocates Eastern practices like meditation and yoga, as well as the simple concept of mindfulness -- i.e. being in the moment.======
MT5 CodeBase - NonLagDot - Nonlagdot is the supply and demand indicator that calculates a possible trend considering market forces domination.
Lesson 1 -- Fibonacci Number Sequence
The Fibonacci Sequence is most likely the most influential series of
numbers in the world. It is also likely that you encounter the numerical
pattern everyday. This mathematical series was discovered by Leonardo
Fibonacci of Pisa in the early thirteenth century and was outlined in
his book, Book of Calculations. 1, 1, 2, 5, 8, 13, 21, 34, 55, etc. are
the "golden" numbers that are found in geometry, art, anatomy, music,
biology, botany, conchology, and even trading. After the two starting
values, each following number is the sum of the two proceeding numbers.
Fn=Fn-1 + Fn-2How does this relate to trading? The ratio of any
number to the next larger number of the sequence is 62% (or specifically
61.8%), the "Golden" ratio. The inverse of that Fibonacci ratio is 38%
(or specifically 38.2%). Mathematical psychologist, Vladimir Lefebvre
suggested that traders exhibit positive and negative evaluations of the
opinions they hold about the market. These negative and positive
evaluations have direct correlation with the retracement percentage seen
in market analysis.
If you are interested the Fibonacci Sequence you may also want to obtain more information on Elliot Wave and W. D. Gann.
Indicators: Fibonacci retracement
newdigital, 2013.11.21 12:06
Fibonacci Retracements (based on stockcharts article)
Fibonacci Retracements are ratios used to identify potential reversal
levels. These ratios are found in the Fibonacci sequence. The most
popular Fibonacci Retracements are 61.8% and 38.2%. Note that 38.2% is
often rounded to 38% and 61.8 is rounded to 62%. After an advance,
chartists apply Fibonacci ratios to define retracement levels and
forecast the extent of a correction or pullback. Fibonacci Retracements
can also be applied after a decline to forecast the length of a counter
trend bounce. These retracements can be combined with other indicators
and price patterns to create an overall strategy.
This article is not designed to delve too deep into the mathematical
properties behind the Fibonacci sequence and Golden Ratio. There are
plenty of other sources for this detail. A few basics, however, will
provide the necessary background for the most popular numbers. Leonardo
Pisano Bogollo (1170-1250), an Italian mathematician from Pisa, is
credited with introducing the Fibonacci sequence to the West. It is as
0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377, 610……
The sequence extends to infinity and contains many unique mathematical properties.
1.618 refers to the Golden Ratio or Golden Mean, also called Phi. The
inverse of 1.618 is .618. These ratios can be found throughout nature,
architecture, art and biology. In his book, Elliott Wave Principle,
Robert Prechter quotes William Hoffer from the December 1975 issue of
….the proportion of .618034 to 1 is the mathematical basis for the
shape of playing cards and the Parthenon, sunflowers and snail shells,
Greek vases and the spiral galaxies of outer space. The Greeks based
much of their art and architecture upon this proportion. They called it
the golden mean.
Retracement levels alert traders or investors of a potential trend
reversal, resistance area or support area. Retracements are based on the
prior move. A bounce is expected to retrace a portion of the prior
decline, while a correction is expected to retrace a portion of the
prior advance. Once a pullback starts, chartists can identify specific
Fibonacci retracement levels for monitoring. As the correction
approaches these retracements, chartists should become more alert for a
potential bullish reversal. Chart 1 shows Home Depot retracing around
50% of its prior advance.
The inverse applies to a bounce or corrective advance after a decline.
Once a bounce begins, chartists can identify specific Fibonacci
retracement levels for monitoring. As the correction approaches these
retracements, chartists should become more alert for a potential bearish
reversal. Chart 2 shows 3M (MMM) retracing around 50% of its prior
Keep in mind that these retracement levels are not hard reversal points.
Instead, they serve as alert zones for a potential reversal. It is at
this point that traders should employ other aspects of technical
analysis to identify or confirm a reversal. These may include
candlesticks, price patterns, momentum oscillators or moving averages.
The Fibonacci Retracements Tool at StockCharts shows four common
retracements: 23.6%, 38.2%, 50% and 61.8%. From the Fibonacci section
above, it is clear that 23.6%, 38.2% and 61.8% stem from ratios found
within the Fibonacci sequence. The 50% retracement is not based on a
Fibonacci number. Instead, this number stems from Dow Theory's assertion
that the Averages often retrace half their prior move.
Based on depth, we can consider a 23.6% retracement to be relatively shallow. Such retracements would be appropriate for flags
or short pullbacks. Retracements in the 38.2%-50% range would be
considered moderate. Even though deeper, the 61.8% retracement can be
referred to as the golden retracement. It is, after all, based on the
Shallow retracements occur, but catching these requires a closer watch
and quicker trigger finger. The examples below use daily charts covering
3-9 months. Focus will be on moderate retracements (38.2-50%) and
golden retracements (61.8%). In addition, these examples will show how
to combine retracements with other indicators to confirm a reversal.
Chart 3 shows Target (TGT) with a correction that retraced 38% of the
prior advance. This decline also formed a falling wedge, which is
typical for corrective moves. The combination raised the reversal alert.
Chaikin Money Flow turned positive as the stock surged in late June,
but this first reversal attempt failed. Yes, there will be failures. The
second reversal in mid July was successful. Notice that TGT gapped up,
broke the wedge trend line and Chaikin Money Flow turned positive (green
Chart 4 shows Petsmart (PETM) with a moderate 38% retracement and other
signals coming together. After declining in September-October, the stock
bounced back to around 28 in November. In addition to the 38%
retracement, notice that broken support turned into resistance in this
area. The combination served as an alert for a potential reversal.
William %R was trading above -20% and overbought as well. Subsequent
signals affirmed the reversal. First, Williams %R moved back below -20%.
Second, PETM formed a rising flag and broke flag support with a sharp
decline the second week of December.
Chart 4 shows Pfizer (PFE) bottoming near the 62% retracement level.
Prior to this successful bounce, there was a failed bounce near the 50%
retracement. The successful reversal occurred with a hammer on high
volume and follow through with a breakout a few days later.
Chart 5 shows JP Morgan (JPM) topping near the 62% retracement level.
The surge to the 62% retracement was quite strong, but resistance
suddenly appeared with a reversal confirmation coming from MACD
(5,35,5). The red candlestick and gap down affirmed resistance near the
62% retracement. There was a two day bounce back above 44.5, but this
bounce quickly failed as MACD moved below its signal line (red dotted
Fibonacci retracements are often used to identify the end of a
correction or a counter-trend bounce. Corrections and counter-trend
bounces often retrace a portion of the prior move. While short 23.6%
retracements do occur, the 38.2-61.8% covers the more possibilities
(with 50% in the middle). This zone may seem big, but it is just a
reversal alert zone. Other technical signals are needed to confirm a
reversal. Reversals can be confirmed with candlesticks, momentum indicators, volume or chart patterns. In fact, the more confirming factors the more robust the signal.
A look at inflation and deflation, the key issues in any economic crisis, and how understanding how those issues are playing out will help individuals develop a strategy for preserving and growing their wealth in the US economic crisis.
Ichimoku - Advanced Ichimoku Strategies Breakout Qualifiers
The Island Reversal - Part 8 of a video series discussing short term price bar reversals such as the bearish rejection, the bullish rejection, the open close reversal, the closing price reversal, the hook reversal, the key reversal, the island reversal and the pivot point reversal.
32. How to trade Stochastics divergence in Forex
newdigital, 2013.07.18 16:54
See the chart below for an example of this :
For Stochastics to close below 80 in a downtrend or above 20 in an
uptrend is a much stronger signal than if Stochastics simply goes above
or below those levels during the course of the time that the candle is
For example, let's say that a trader is using a 1 hour chart. When that 1
hour candle closes at the end of the hour, the trader can check
Stochastics to see if the two moving averages were above 20 or below 80
after the close occurred. That will confirm that the indicator did
indeed close above or below the requisite level.
newdigital, 2013.07.19 09:16
By slowing the movement of the indicator down, we will see fewer signals
to buy or sell on the chart, but they should be more reliable signals.
By using a larger value in calculating the raw value of Stochastics, we
slow the indicator down even more. This is why I recommend to traders
using FX charts to use the Slow Stochastics with values of 15,5,5. This
combination offers fairly reliable signals that can offer solid entries
into trading opportunities. The chart below shows the difference between
Fast Stochastics with values of 5,5 compared to Slow Stochastics with
values of 15,5,5.
You can see how much easier it is to identify the signals using the Slow
Stochastics. Being able to use the technical tool effectively is most
of the battle. By keeping things simple and consistent, we should start
to see consistent results in our trading.
As with all indicators, entering a trade only when the indicator
generates an entry that is in the direction of the trend can result in a
higher probability of success.
Market Condition Evaluation based on standard indicators in Metatrader 5
newdigital, 2013.02.12 16:44
I promissed here to describe something about divergence. yes, it is related to this thread Market Condition Evaluation based on standard indicators in Metatrader 5
We can write about divergence from the following sources:
newdigital, 2013.02.12 16:45
Or ... to make it shorter - we can see the rules from the image:
Renko Bar |Day Trading | What are Renko Bars | How do Renko Bars Work | Part 1
Renko Bars can be viewed as merely a different way to reflect price on a
chart; in my opinion, I feel they paint the clearest picture of price
Here are my top 6 reasons of why I choose Renko Bars and charts:
newdigital, 2013.09.03 11:03
Renko (extraction from Achelis - Technical Analysis from A to Z)
The Renko charting method is thought to have acquired its name from "renga"
which is the Japanese word for bricks. Renko charts are similar to Three Line Break charts except that in a Renko chart,
a line (or "brick" as they're called) is drawn in the direction of the prior
move only if prices move by a minimum amount (i.e., the box size). The bricks
are always equal in size. For example, in a 5-unit Renko chart, a 20-point rally
is displayed as four, 5-unit tall Renko bricks.
Kagi charts were first
brought to the United States by Steven Nison when he published the book, Beyond Candlesticks.
Basic trend reversals are signaled with the emergence of a new white or black
brick. A new white brick indicates the beginning of a new up-trend. A new black
brick indicates the beginning of a new down-trend. Since the Renko chart is a
trend following technique, there are times when Renko charts produce whipsaws,
giving signals near the end of short-lived trends. However, the expectation with
a trend following technique is that it allows you to ride the major portion of
Since a Renko chart isolates the underlying price trend by filtering out the
minor price changes, Renko charts can also be very helpful when determining
support and resistance levels.
Renko charts are always based on closing prices. You specify a "box size"
which determines the minimum price change to display.
To draw Renko bricks, today's close is compared with the high and low of the
previous brick (white or black):
If the closing price rises above the top of the previous brick by at least
the box size, one or more white bricks are drawn in new columns. The height of
the bricks is always equal to the box size.
If the closing price falls below the bottom of the previous brick by at least
the box size, one or more black bricks are drawn in new columns. Again, the
height of the bricks is always equal to the box size.
If prices move more than the box size, but not enough to create two bricks,
only one brick is drawn. For example, in a two-unit Renko chart, if the prices
move from 100 to 103, only one white brick is drawn from 100 to 102. The rest of
the move, from 102 to 103, is not shown on the Renko chart.
newdigital, 2013.10.16 08:04
How to Use Renko Bricks and Moving Averages to Find Trades
To add a 13-period exponential moving average to the Renko chart, choose
EMA from the Add Indicator menu then change “Number of periods” to 13.
Notice the chart above which displays both Renko bars and a 13-period
exponential moving average. A simple system can be built around the
Renko bars and the moving average. When Renko price bars cross below the
moving average and turns red, traders can enter short and stay with the
trend until the Renko bars cross back above the moving average.
An initial stop could be placed just above the last blue Renko brick.
Keep in mind that in the above example, each brick is equal to five
pips. In the above example, the red circles mark where the Renko bars
crossed below the moving average. A trader can see that a number of pips
could have been gathered as the bars stayed below the moving average.
On the other hand, when the Renko bars change color and cross above the
moving average, traders can enter long placing stop just below the last
red Renko brick. The above chart shows in the green circles, points were
the Renko price bars moved above the moving average generating a clear
Renko charts, without the dimension of time, may take a little getting a
little used to. But once you get the hang of them, you may find it
difficult to go back to the candles. Adding a moving average gives
excellent signals for entry and exit. Marrying them up with other
indicators can magnify the benefits of trading without noise and scary