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Renko Chase V.3 Manual

Renko Chase V.3 is a price action trading system based on Renko charts that uses a box size of 3-5 pips for scalping, but can also be used for swing trading. It utilizes several Metatrader indicators to identify buy and sell signals, including Moving Averages, Heiken Ashi, support and resistance levels, and entry point indicators. Profits are targeted between 7-12 pips with initial stops placed on the previous swing high or low. The system is designed to gain pips through scalping or swing trading various currency pairs.

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0% found this document useful (0 votes)
224 views2 pages

Renko Chase V.3 Manual

Renko Chase V.3 is a price action trading system based on Renko charts that uses a box size of 3-5 pips for scalping, but can also be used for swing trading. It utilizes several Metatrader indicators to identify buy and sell signals, including Moving Averages, Heiken Ashi, support and resistance levels, and entry point indicators. Profits are targeted between 7-12 pips with initial stops placed on the previous swing high or low. The system is designed to gain pips through scalping or swing trading various currency pairs.

Uploaded by

Alem Abd
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Renko Chase V.

3 free

Renko Chase V.3 free is a price action trading system based on Renko chart.
This system is for scalping but you can use also for swing.

Renko box size 3-5 pips (for scalping):


EUR/USD 3 pips GBP/USD 3 pips USD/CAD 3 pips
AUD/USD 2 pips GBP/JPY 4 pips

Metatrader indicators:
Moving average 3
Moving average 5
Heiken Ashi MA T3
Dynamic Gains
Forex Strategist Support and resistance
Gold Miner 2
Hirurgia 3.0 (optional)
Renko live chart indicator build 600+
Forex Entry point
Dynamic bull Bear Band

Buy:
Forex Entry point aqua bar
Forex Strategist Support
Dynamic arrow buy arrow
MA3>MA5
Gold Miner green bar
Gold Miner red bar

Sell:
Forex Entry point red bar;
Forex Strategist resistance;
Dynamic arrow sell arrow;
MA3<MA5;
Exit position
Place initial stop loss on the previous swing
TP (7-12 pips depends by currency pairs and Renko box) or you can use the
bands also.
Use this strategy to gain pips.

Renko Chase V.3 in action.

Renko Chase V.3

Renko Chase V.3

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