• Overview
  • Reviews (1)
  • Comments (22)

Holy Renko PRO


About 

Holy Renko is a trend identifier capable of identify small and long market movements. This indicator should be use in Renko Charts.


VIDEO (information and tips) [HERE]

How to install Renko Charts [HERE]


Features

  • Developed for Renko Charts
  • Easy to analyze
  • Fast signals
  • Not repaint (when candle close) 
  • Statistics panel
  • Filters false signals
  • Alerts, emails and push notifications

 Advantages of Renko Chart

  • Easy to install
  • Easy to analyze
  • Filter out the noise of wicks 
  • Easy identification of support and resistance lines
  • Easy identification of trend
  • Each candle represents X pips, not X time 

Indicator Parameters

  • period - number of periods to analyze the trend
    • 5-12 recommended to scalping 
    • 15-20 recommended to day trading
    • 30+ recommended to swing trading




Reviews 1
VolkerPotthast
141
VolkerPotthast 2019.09.08 19:38 
 

Pretty cool indicator, which also works nicely on tick chart, range bars and normal timeframes (M15 etc). Nicely done.

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BiB Channel
Siarhei Baranouski
The main objective of the indicator is an accurate forecast of short-term trends. A rising channel is usually broken downwards and replaced with a falling one when confirmed by tick volumes, while a falling one is usually broken upwards and replaced with a rising one again when confirmed by tick volumes. Sometimes, upward and downward channels are replaced with flats. A channel width and duration are defined by the market situation and market phase (bullish or bearish). In our case, tick volumes
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VolkerPotthast
141
VolkerPotthast 2019.09.08 19:38 
 

Pretty cool indicator, which also works nicely on tick chart, range bars and normal timeframes (M15 etc). Nicely done.

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