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Renko Scalper

  • #1
  • First Post: Jul 10, 2023 5:33am Jul 10, 2023 5:33am
Hi All,

I have done some scalping using renko and the results is very good.

Renko = 3 pips (box size)

EMA(8)

BUY
Wait pullback to EMA and go long in the engolf.
Be carefull with the sequence of trades in the same trend. I only go into the 2nd. pullback. More than that is dangerous and maybe the trend is finishing.

SELL
The same in the opposite side.

Stop Loss: 2 box.
Take Profit: 2 box.

Do not be greedy.
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  • #2
  • Jul 10, 2023 7:16am Jul 10, 2023 7:16am
Finally someone using Ctrader! Much better than MT

What is the renko you are using in ctrader? Where did you download it? There are several renkos for ctrader, but many of them do not work 100%.
  • #3
  • Jul 10, 2023 7:36am Jul 10, 2023 7:36am
Quoting Riera10
Finally someone using Ctrader! Much better than MT What is the renko you are using in ctrader? Where did you download it? There are several renkos for ctrader, but many of them do not work 100%.
The renko is already have in cTrader.
  • #4
  • Jul 10, 2023 8:00am Jul 10, 2023 8:00am
Hi. Also uses cTrader and some time ago I saw they add renko. It somehow take my attention and I think about how to use it properly etc.

How long you using this? and what mean "good results"? If you dont mind, can you be more specific? Its really only renko and 8 EMA?
Sorry for english (not native speaker) and for maybe stupid questins, im pretty new in this field. Thanks a lot!
  • #5
  • Jul 10, 2023 10:43am Jul 10, 2023 10:43am
Quoting KJura
Hi. Also uses cTrader and some time ago I saw they add renko. It somehow take my attention and I think about how to use it properly etc. How long you using this? and what mean "good results"? If you dont mind, can you be more specific? Its really only renko and 8 EMA? Sorry for english (not native speaker) and for maybe stupid questins, im pretty new in this field. Thanks a lot!
Hi KJura, thanks for your post.

I am using renko a long time. And the results is very good, I mean, I only enter in pullback. You can see the two pullback today in NY session.

SL = 2 box.
TP = 2 box.
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  • #6
  • Jul 10, 2023 7:40pm Jul 10, 2023 7:40pm
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  • #7
  • Jul 11, 2023 2:30am Jul 11, 2023 2:30am
Quoting Dundi
Hi All, I have done some scalping }
Hi!
Use eu only?
Just an opinion. Based on research
  • #8
  • Jul 13, 2023 1:35pm Jul 13, 2023 1:35pm
Quoting Dundi
Hi All, I have done some scalping using renko and the results is very good. Renko = 3 pips (box size) EMA(8) BUY Wait pullback to EMA and go long in the engolf. Be carefull with the sequence of trades in the same trend. I only go into the 2nd. pullback. More than that is dangerous and maybe the trend is finishing. SELL The same in the opposite side. Stop Loss: 2 box. Take Profit: 2 box. Do not be greedy. {image}
Thanks for your input. Do I see it correct, you are going for 6 pips per trade and your spread is 0.00003? What broker do you use?
  • #9
  • Apr 4, 2024 11:40pm Apr 4, 2024 11:40pm
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  • #10
  • Last Post: Apr 5, 2024 11:24am Apr 5, 2024 11:24am
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