RenkoScalping

This indicator is as easy as Buy & Sell.

What distinguishes RenkoScalping

• Entrance is based on the close of the previous candle, which means that you can open the transaction as soon as you see a signal.


• The signal is not redrawn (this signal is recalculated when the market moves).


• Signals generated early, unlike other indicators that provide signals, having a significant distance in any direction.


• It works on all charts, but particularly well on Renko charts.

Instructions:

• Create a standalone graph Renko.


• Add the indicator


• Arrows "Up / Down" to buy or sell.


• Work out a deal to buy if you see a buy signal (arrow).


• Work out a deal to sell, if you see a sell signal (down arrow).


• Consider take profit and stop loss at levels of support / resistance or color change Renco frame.