My mais strategy, still about ichimoku and renko, I use Ichimoku to filter the turbulence, the color (variation of kinjun) to take traders, and Renko becaus i realize is the best way to use indicators.
When above the clound and appers light blue renko, take buy, when below the clound, take sell whe appers pink renko, don´t trade in the middle of the clound.
I use 5 pips bars, my stop is 2 candle in oposit direction of the trade (15 pips, do not count the actual candle) and my profit is when appers a reersal color of the trend or appers 3 dark colors (Dark blueif it´s buy, Dark red if it´s sell), that way you took the biggest waves ( renko and forek is all about follow the wave) Up to 200 pips some times, The best graphic is the GBPUSD and XAUUSD, Still need some improve, so i ask for your help guys.
How do you inprove this strategy, what you think about it?
When above the clound and appers light blue renko, take buy, when below the clound, take sell whe appers pink renko, don´t trade in the middle of the clound.
I use 5 pips bars, my stop is 2 candle in oposit direction of the trade (15 pips, do not count the actual candle) and my profit is when appers a reersal color of the trend or appers 3 dark colors (Dark blueif it´s buy, Dark red if it´s sell), that way you took the biggest waves ( renko and forek is all about follow the wave) Up to 200 pips some times, The best graphic is the GBPUSD and XAUUSD, Still need some improve, so i ask for your help guys.
How do you inprove this strategy, what you think about it?
I should try it out. I use ichimoku too
