MACD Forex Renko Chart Strategy provides an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.īased on this information, traders can assume further price movement and adjust this strategy accordingly. The essence of this forex strategy is to transform the accumulated history data and trading signals. MACD Forex Renko Chart Strategy is a combination of Metatrader 4 (MT4) indicator(s) and template. Trail stop can also be usefulįorex Trading Strategies Installation Instructions Take profit at 20 pips and place stop loss at 10 pips. The risk and reward ratio for this strategy is 2:1.
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